IDEAS home Printed from https://ideas.repec.org/h/pal/psitcp/978-3-031-58303-2_12.html
   My bibliography  Save this book chapter

Struggle for Survival

In: Reflecting Imperial Overstretch and New Realities

Author

Listed:
  • Brian O’Sullivan

    (King’s College London)

Abstract

After its financial reconstruction in 1923 together with significant changes to its Board, the British Trade Corporation would face a struggle for survival. Although there had been some small improvements to its financial position, it faced significant underlying problems against a background of continuing domestic industrial problems. Its own difficulties were compounded by those of the Levant Company. In June 1923, having sustained huge losses that wiped out its share capital, the Levant Company had applied to the Courts for a capital reduction. Its main creditor was the British Trade Corporation. Against this background, Montagu Norman, the Governor of the Bank of England, began to seek a suitable solution to the corporation’s difficulties.

Suggested Citation

  • Brian O’Sullivan, 2024. "Struggle for Survival," Palgrave Studies in the History of Finance, in: Reflecting Imperial Overstretch and New Realities, chapter 0, pages 451-469, Palgrave Macmillan.
  • Handle: RePEc:pal:psitcp:978-3-031-58303-2_12
    DOI: 10.1007/978-3-031-58303-2_12
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:psitcp:978-3-031-58303-2_12. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.