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Towards modern public finance : the American war with Mexico, 1846-1848 / / by James W. Cummings [[electronic resource]]



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Autore: Cummings James William Visualizza persona
Titolo: Towards modern public finance : the American war with Mexico, 1846-1848 / / by James W. Cummings [[electronic resource]] Visualizza cluster
Pubblicazione: London : , : Pickering & Chatto, , 2009
Descrizione fisica: 1 online resource (226 pages) : digital, PDF file(s)
Disciplina: 336.7309034
Soggetto topico: Mexican War, 1846-1848 - United States - Finance
Finance, Public - United States - History - 1801-1861
Note generali: Title from publisher's bibliographic system (viewed on 02 Oct 2015).
Nota di bibliografia: Includes bibliographical references and index.
Nota di contenuto: Financial 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.
Sommario/riassunto: This 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.
Titolo autorizzato: Towards modern public finance  Visualizza cluster
ISBN: 1-315-65273-0
1-317-31395-X
1-317-31396-8
1-281-86864-7
9786611868642
1-85196-592-0
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910782783503321
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Serie: Financial history (London, England) ; ; no. 7.