Bank Notes And Shinplasters

Download or read book Bank Notes and Shinplasters written by Joshua R. Greenberg and published by University of Pennsylvania Press. This book was released on 2020-07-10 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: The colorful history of paper money before the Civil War Before Civil War greenbacks and a national bank network established a uniform federal currency in the United States, the proliferation of loosely regulated banks saturated the early American republic with upwards of 10,000 unique and legal bank notes. This number does not even include the plethora of counterfeit bills and the countless shinplasters of questionable legality issued by unregulated merchants, firms, and municipalities. Adding to the chaos was the idiosyncratic method for negotiating their value, an often manipulative face-to-face discussion consciously separated from any haggling over the price of the work, goods, or services for sale. In Bank Notes and Shinplasters, Joshua R. Greenberg shows how ordinary Americans accumulated and wielded the financial knowledge required to navigate interpersonal bank note transactions. Locating evidence of Americans grappling with their money in fiction, correspondence, newspapers, printed ephemera, government documents, legal cases, and even on the money itself, Greenberg argues Americans, by necessity, developed the ability to analyze the value of paper financial instruments, assess the strength of banking institutions, and even track legislative changes that might alter the rules of currency circulation. In his examination of the doodles, calculations, political screeds, and commercial stamps that ended up on bank bills, he connects the material culture of cash to financial, political, and intellectual history. The book demonstrates that the shift from state-regulated banks and private shinplaster producers to federally authorized paper money in the Civil War era led to the erasure of the skill, knowledge, and lived experience with banking that informed debates over economic policy. The end result, Greenberg writes, has been a diminished public understanding of how currency and the financial sector operate in our contemporary era, from the 2008 recession to the rise of Bitcoin.

Download or read book Other People's Money written by Sharon Ann Murphy and published by Johns Hopkins University Press. This book was released on 2017-03-15 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: How the contentious world of nineteenth-century banking shaped the United States. Pieces of paper that claimed to be good for two dollars upon redemption at a distant bank. Foreign coins that fluctuated in value from town to town. Stock certificates issued by turnpike or canal companies—worth something . . . or perhaps nothing. IOUs from farmers or tradesmen, passed around by people who could not know the person who first issued them. Money and banking in antebellum America offered a glaring example of free-market capitalism run amok—unregulated, exuberant, and heading pell-mell toward the next “panic” of burst bubbles and hard times. In Other People’s Money, Sharon Ann Murphy explains how banking and money worked before the federal government, spurred by the chaos of the Civil War, created the national system of US paper currency. Murphy traces the evolution of banking in America from the founding of the nation, when politicians debated the constitutionality of chartering a national bank, to Andrew Jackson’s role in the Bank War of the early 1830s, to the problems of financing a large-scale war. She reveals how, ultimately, the monetary and banking structures that emerged from the Civil War also provided the basis for our modern financial system, from its formation under the Federal Reserve in 1913 to the present. Touching on the significant role that numerous historical figures played in shaping American banking—including Alexander Hamilton, James Madison, Benjamin Franklin, Henry Clay, Daniel Webster, and Louis Brandeis—Other People’s Money is an engaging guide to the heated political fights that surrounded banking in early America as well as to the economic causes and consequences of the financial system that emerged from the turmoil. By helping readers understand the financial history of this period and the way banking shaped the society in which ordinary Americans lived and worked, this book broadens and deepens our knowledge of the Early American Republic.

Download or read book The Federalist Frontier written by Kristopher Maulden and published by University of Missouri Press. This book was released on 2019-12-03 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Federalist Frontier traces the development of Federalist policies and the Federalist Party in the first three states of the Northwest Territory—Ohio, Indiana, and Illinois—from the nation’s first years until the rise of the Second Party System in the 1820s and 1830s. Relying on government records, private correspondence, and newspapers, Kristopher Maulden argues that Federalists originated many of the policies and institutions that helped the young United States government take a leading role in the American people’s expansion and settlement westward across the Appalachians. It was primarily they who placed the U.S. Army at the fore of the white westward movement, created and executed the institutions to survey and sell public lands, and advocated for transportation projects to aid commerce and further migration into the region. Ultimately, the relationship between government and settlers evolved as citizens raised their expectations of what the federal government should provide, and the region embraced transportation infrastructure and innovation in public education. Historians of early American politics will have a chance to read about Federalists in the Northwest, and they will see the early American state in action in fighting Indians, shaping settler understandings of space and social advancement, and influencing political ideals among the citizens. For historians of the early American West, Maulden’s work demonstrates that the origins of state-led expansion reach much further back in time than generally understood.

Download or read book Counterfeit Currency of the Confederate States of America written by George B. Tremmel and published by McFarland. This book was released on 2003 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since shortly after the end of the Civil War, genuine Confederate paper money has been the subject of much research. While a number of publications are available today that describe and catalog the genuine currency, the availability of published information on its counterfeit counterpart is limited. What is available is somewhat incomplete, inaccurate and general in scope. This work is specifically concerned with the counterfeit currency that was produced and passed with genuine Confederate paper money during the Civil War years. The first part of the book is an historical narrative that discusses the events and people involved in the production and passing of counterfeit currency, and the countermeasures of the Confederate Treasury Department to protect its already weak medium of exchange from losing even more value. The second part of the book is an illustrated catalog that presents descriptions of all known examples of counterfeit Confederate currency. Over 180 illustrations are included and show most of the counterfeit notes. The appendix provides a brief, nontechnical explanation of the printing processes--relief printing, intaglio printing, and lithography--used in the mid-nineteenth century to manufacture counterfeit currency.

Download or read book Nazis of Copley Square written by Charles Gallagher and published by Harvard University Press. This book was released on 2021-09-28 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: The forgotten history of American terrorists who, in the name of God, conspired to overthrow the government and formed an alliance with Hitler. On January 13, 1940, FBI agents burst into the homes and offices of seventeen members of the Christian Front, seizing guns, ammunition, and homemade bombs. J. Edgar HooverÕs charges were incendiary: the group, he alleged, was planning to incite a revolution and install a Òtemporary dictatorshipÓ in order to stamp out Jewish and communist influence in the United States. Interviewed in his jail cell, the frontÕs ringleader was unbowed: ÒAll I can say isÑlong live Christ the King! Down with communism!Ó In Nazis of Copley Square, Charles Gallagher provides a crucial missing chapter in the history of the American far right. The men of the Christian Front imagined themselves as crusaders fighting for the spiritual purification of the nation, under assault from godless communism, and they were hardly alone in their beliefs. The front traced its origins to vibrant global Catholic theological movements of the early twentieth century, such as the Mystical Body of Christ and Catholic Action. The frontÕs anti-Semitism was inspired by Sunday sermons and by lay leaders openly espousing fascist and Nazi beliefs. Gallagher chronicles the evolution of the front, the transatlantic cloak-and-dagger intelligence operations that subverted it, and the mainstream political and religious leaders who shielded the frontÕs activities from scrutiny. Nazis of Copley Square offers a grim tale of faith perverted to violent ends, and its lessons provide a warning for those who hope to stop the spread of far-right violence today.

Download or read book Capitalism by Gaslight written by Brian P. Luskey and published by University of Pennsylvania Press. This book was released on 2015-03-18 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: While elite merchants, financiers, shopkeepers, and customers were the most visible producers, consumers, and distributors of goods and capital in the nineteenth century, they were certainly not alone in shaping the economy. Lurking in the shadows of capitalism's past are those who made markets by navigating a range of new financial instruments, information systems, and modes of transactions: prostitutes, dealers in used goods, mock auctioneers, illegal slavers, traffickers in stolen horses, emigrant runners, pilfering dock workers, and other ordinary people who, through their transactions and lives, helped to make capitalism as much as it made them. Capitalism by Gaslight illuminates American economic history by emphasizing the significance of these markets and the cultural debates they provoked. These essays reveal that the rules of economic engagement were still being established in the nineteenth century: delineations between legal and illegal, moral and immoral, acceptable and unsuitable were far from clear. The contributors examine the fluid mobility and unstable value of people and goods, the shifting geographies and structures of commercial institutions, the blurred boundaries between legitimate and illegitimate economic activity, and the daily lives of men and women who participated creatively—and often subversively—in American commerce. With subjects ranging from women's studies and African American history to material and consumer culture, this compelling volume illustrates that when hidden forms of commerce are brought to light, they can become flashpoints revealing the tensions, fissures, and inequities inherent in capitalism itself. Contributors: Paul Erickson, Robert J. Gamble, Ellen Gruber Garvey, Corey Goettsch, Joshua R. Greenberg, Katie M. Hemphill, Craig B. Hollander, Brian P. Luskey, Will B. Mackintosh, Adam Mendelsohn, Brendan P. O'Malley, Michael D. Thompson, Wendy A. Woloson.

Download or read book The Theory of Free Banking written by George A. Selgin and published by Rowman & Littlefield Publishers. This book was released on 1988 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: To find more information about Rowman and Littlefield titles, please visit www.rowmanlittlefield.com.