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The Organization and Functions of Anglo-American Merchant Bankers, 1815–1860

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  • Hidy, Ralph W.

Abstract

Prior to the Civil War in the United States much of the economic development of the country was financed by means of European credit, extended for both short and long terms. The flow of capital was chiefly from England and considerable Continental capital moved through England to the United States. A few firms in England were the chief instruments in this process of financing American trade and marketing American securities. These Anglo-American merchant bankers are the subject of this paper.

Suggested Citation

  • Hidy, Ralph W., 1941. "The Organization and Functions of Anglo-American Merchant Bankers, 1815–1860," The Journal of Economic History, Cambridge University Press, vol. 1(S1), pages 53-66, December.
    • Handle: RePEc:cup:jechis:v:1:y:1941:i:s1:p:53-66_05
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    Cited by:

    1. Flandreau, Marc & Flores, Juan-Huitzi, 2007. "Bonds and Brands : intermediaries and reputation in sovereign debt markets 1820-1830," IFCS - Working Papers in Economic History.WH wp07-12, Universidad Carlos III de Madrid. Instituto Figuerola.
    2. Husain, Tehreem & Buchnea, Emily, 2024. "Agents, brokerage and Argentinian railways 1880–1905," LSE Research Online Documents on Economics 125980, London School of Economics and Political Science, LSE Library.

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