When Washington shut down Wall Street :: the great financial crisis of 1914 and the origins of America's monetary supremacy /

When Washington Shut Down Wall Street unfolds like a mystery story. It traces Treasury Secretary William Gibbs McAdoo's triumph over a monetary crisis at the outbreak of World War I that threatened the United States with financial disaster. The biggest gold outflow in a generation imperiled Ame...

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1. Verfasser: Silber, William L. (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Princeton, N.J. : Princeton University Press, [2007]
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Zusammenfassung:When Washington Shut Down Wall Street unfolds like a mystery story. It traces Treasury Secretary William Gibbs McAdoo's triumph over a monetary crisis at the outbreak of World War I that threatened the United States with financial disaster. The biggest gold outflow in a generation imperiled America's ability to repay its debts abroad. Fear that the United States would abandon the gold standard sent the dollar plummeting on world markets. Without a central bank in the summer of 1914, the United States resembled a headless financial giant. William McAdoo stepped in with courag.
Beschreibung:Originally published: 2007.
Beschreibung:1 online resource
Bibliographie:Includes bibliographical references.
ISBN:9781400851669
1400851661
1306549426
9781306549424
9780691127477
0691127476

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