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010   $a9786611868642
010   $a1-85196-592-0
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035   $a(OCoLC)437236576
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101 0 $aeng
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181   $ctxt$2rdacontent
182   $cc$2rdamedia
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200 10$aTowards modern public finance $ethe American war with Mexico, 1846-1848 /$fby James W. Cummings$b[electronic resource]
210  1$aLondon :$cPickering & Chatto,$d2009.
215   $a1 online resource (226 pages) $cdigital, PDF file(s)
225 1 $aFinancial history ;$vno. 7
300   $aTitle from publisher's bibliographic system (viewed on 02 Oct 2015).
311   $a1-85196-988-8 
320   $aIncludes bibliographical references and index.
327   $aFinancial and economic background -- Ideology, revenue and financial system -- The Loan of 1846 -- The Loan of 1847 -- Mexico's finances -- Making war pay: the Mexican assessments -- The Independent Treaty at War -- The Loan of 1848 -- Mexican indemnity and bounty land.
330   $aThis is the first in-depth study to address the financing of the American-Mexican War of 1846-48. Floating the Mexican War loans was the greatest single endeavour of the American financial community during the 1840s. Under President Polk, the Treasury issued three loans totalling 49 000 000. Investment bankers enthusiastically marketed these treasury notes and bonds directly to the international investing public. Cummings argues that the successful financing of the American-Mexican War had a long-term beneficial effect on American financial institutions and markets. At home, the stability of the Independent Treasury was assured, and abroad, America's international credit standing was restored. Most importantly, the dealing of government issue by investment bankers was a decisive step towards modern public finance.
410  0$aFinancial history (London, England) ;$vno. 7.
606   $aMexican War, 1846-1848$zUnited States$xFinance
606   $aFinance, Public$zUnited States$xHistory$y1801-1861
615  0$aMexican War, 1846-1848$xFinance.
615  0$aFinance, Public$xHistory
676   $a336.7309034
700   $aCummings$b James William$01500479
801  0$bUkCbUP
801  1$bUkCbUP
906   $aBOOK
912   $a9910782783503321
996   $aTowards modern public finance$93727221
997   $aUNINA