The Money Men: Capitalism, Democracy, and the Hundred Years' War over the American Dollar
H. W. Brands, "The Money Men: Capitalism, Democracy, and the Hundred Years' War over the American Dollar"
ISBN: 0393061841, 0393330508 | 2006 | EPUB | 239 pages | 539 KB
Most Americans are familiar with the political history of the United States, but there is another history woven all through it, a largely forgotten history—the story of the money men. Acclaimed historian H. W. Brands brings them back to life: J. P. Morgan, who stabilized a foundering U.S. Treasury in 1907; Alexander Hamilton, who founded the first national bank, and Nicholas Biddle, under whose directorship it failed; Jay Cooke, who helped to finance the Union war effort through his then-innovative strategy of selling bonds to ordinary Americans; and Jay Gould, who tried to corner the market on gold in 1869 and as a result brought about Black Friday and fled for his life.