The New England Textile Mills and the Capital Markets: A Study of Industrial Borrowing 1840–1860
- 1 March 1960
- journal article
- research article
- Published by Cambridge University Press (CUP) in The Journal of Economic History
- Vol. 20 (1) , 1-30
- https://doi.org/10.1017/s0022050700106187
Abstract
Study of ante-bellum economic development of the United States has been hampered by an acute shortage of reliable statistical data. Studies of the early capital markets are no exception to this general rule. For the years after 1856, Frederick Macaulay's excellent study provides sufficient quantitative basis for general research; but, in the earlier years, only Bigelow's single unsupported interest series provides the economic historian with statistical information on the condition of the credit market.Keywords
This publication has 3 references indexed in Scilit:
- THE COMMERCIAL CRISIS OF 1857Oxford Economic Papers, 1956
- The Structure of Interest RatesThe Quarterly Journal of Economics, 1940
- The New York Money MarketPublished by Columbia University Press ,1931