Download or read book The Financiers of Philadelphia written by and published by . This book was released on 1900 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The First Wall Street written by Robert E. Wright and published by University of Chicago Press. This book was released on 2010-04-15 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: When Americans think of investment and finance, they think of Wall Street—though this was not always the case. During the dawn of the Republic, Philadelphia was the center of American finance. The first stock exchange in the nation was founded there in 1790, and around it the bustling thoroughfare known as Chestnut Street was home to the nation's most powerful financial institutions. The First Wall Street recounts the fascinating history of Chestnut Street and its forgotten role in the birth of American finance. According to Robert E. Wright, Philadelphia, known for its cultivation of liberty and freedom, blossomed into a financial epicenter during the nation's colonial period. The continent's most prodigious minds and talented financiers flocked to Philly in droves, and by the eve of the Revolution, the Quaker City was the most financially sophisticated region in North America. The First Wall Street reveals how the city played a leading role in the financing of the American Revolution and emerged from that titanic struggle with not just the wealth it forged in the crucible of war, but an invaluable amount of human capital as well. This capital helped make Philadelphia home to the Bank of the United States, the U.S. Mint, an active securities exchange, and several banks and insurance companies—all clustered in or around Chestnut Street. But as the decades passed, financial institutions were lured to New York, and by the late 1820s only the powerful Second Bank of the United States upheld Philadelphia's financial stature. But when Andrew Jackson vetoed its charter, he sealed the fate of Chestnut Street forever—and of Wall Street too. Finely nuanced and elegantly written, The First Wall Street will appeal to anyone interested in the history of the United States and the origins of its unrivaled economy.
Download or read book The Financier written by Theodore Dreiser and published by . This book was released on 1912 with total page 796 pages. Available in PDF, EPUB and Kindle. Book excerpt: Set in 19th century Philadelphia and based on the life of flamboyant financier C.T. Yerkes, Dreiser's portrayal of the unscrupulous magnate Frank Cowperwood embodies the idea that behind every great fortune there is a crime. In Philly the protagonist is eventually imprisoned for embezzlement of public funds. He later leaves prison, departs for Chicago, makes another fortune, and becomes involved in still further shaddy practices. You don't read Dreiser for literary finesse, but his great intensity and keen journalistic eye give this portrait a powerful reality. The author wrote two subsequent novels based on the life of Yerkes: "The Titan" and "The Stoic." --Amazon.com.
Download or read book Robert Morris the Financier of the American Revolution written by Charles Henry Hart and published by . This book was released on 1877 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Financial History of the Philadelphia Electric Company written by Ernest Minor Patterson and published by . This book was released on 1914 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Robert Morris written by Charles Rappleye and published by Simon and Schuster. This book was released on 2010-11-02 with total page 640 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this biography, the acclaimed author of Sons of Providence, winner of the 2007 George Wash- ington Book Prize, recovers an immensely important part of the founding drama of the country in the story of Robert Morris, the man who financed Washington’s armies and the American Revolution. Morris started life in the colonies as an apprentice in a counting house. By the time of the Revolution he was a rich man, a commercial and social leader in Philadelphia. He organized a clandestine trading network to arm the American rebels, joined the Second Continental Congress, and financed George Washington’s two crucial victories—Valley Forge and the culminating battle at Yorktown that defeated Cornwallis and ended the war. The leader of a faction that included Benjamin Franklin, Alexander Hamilton, James Madison, and Washington, Morris ran the executive branches of the revolutionary government for years. He was a man of prodigious energy and adroit management skills and was the most successful businessman on the continent. He laid the foundation for public credit and free capital markets that helped make America a global economic leader. But he incurred powerful enemies who considered his wealth and influence a danger to public "virtue" in a democratic society. After public service, he gambled on land speculations that went bad, and landed in debtors prison, where George Washington, his loyal friend, visited him. This once wealthy and powerful man ended his life in modest circumstances, but Rappleye restores his place as a patriot and an immensely important founding father.
Download or read book The Financier written by Theodore Theodore Dreiser and published by . This book was released on 2021-09-07 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt The Philadelphia into which Frank Algernon Cowperwood was born was a city of two hundred and fifty thousand and more. It was set with handsome parks, notable buildings, and crowded with historic memories. Many of the things that we and he knew later were not then in existence-the telegraph, telephone, express company, ocean steamer, city delivery of mails. There were no postage-stamps or registered letters. The street car had not arrived. In its place were hosts of omnibuses, and for longer travel the slowly developing railroad system still largely connected by canals. Cowperwood's father was a bank clerk at the time of Frank's birth, but ten years later, when the boy was already beginning to turn a very sensible, vigorous eye on the world, Mr. Henry Worthington Cowperwood, because of the death of the bank's president and the consequent moving ahead of the other officers, fell heir to the place vacated by the promoted teller, at the, to him, munificent salary of thirty-five hundred dollars a year. At once he decided, as he told his wife joyously, to remove his family from 21 Buttonwood Street to 124 New Market Street, a much better neighborhood, where there was a nice brick house of three stories in height as opposed to their present two-storied domicile. There was the probability that some day they would come into something even better, but for the present this was sufficient. He was exceedingly grateful. Henry Worthington Cowperwood was a man who believed only what he saw and was content to be what he was-a banker, or a prospective one. He was at this time a significant figure-tall, lean, inquisitorial, clerkly-with nice, smooth, closely-cropped side whiskers coming to almost the lower lobes of his ears. His upper lip was smooth and curiously long, and he had a long, straight nose and a chin that tended to be pointed. His eyebrows were bushy, emphasizing vague, grayish-green eyes, and his hair was short and smooth and nicely parted. He wore a frock-coat always-it was quite the thing in financial circles in those days-and a high hat. And he kept his hands and nails immaculately clean. His manner might have been called severe, though really it was more cultivated than austere. Being ambitious to get ahead socially and financially, he was very careful of whom or with whom he talked. He was as much afraid of expressing a rabid or unpopular political or social opinion as he was of being seen with an evil character, though he had really no opinion of great political significance to express. He was neither anti- nor pro-slavery, though the air was stormy with abolition sentiment and its opposition. He believed sincerely that vast fortunes were to be made out of railroads if one only had the capital and that curious thing, a magnetic personality-the ability to win the confidence of others. He was sure that Andrew Jackson was all wrong in his opposition to Nicholas Biddle and the United States Bank, one of the great issues of the day; and he was worried, as he might well be, by the perfect storm of wildcat money which was floating about and which was constantly coming to his bank-discounted, of course, and handed out again to anxious borrowers at a profit. His bank was the Third National of Philadelphia, located in that center of all Philadelphia and indeed, at that time, of practically all national finance-Third Street-and its owners conducted a brokerage business as a side line. There was a perfect plague of State banks, great and small, in those days, issuing notes practically without regulation upon insecure and unknown assets and failing and suspending with astonishing rapidity; and a knowledge of all these was an important requirement of Mr. Cowperwood's position. As a result, he had become the soul of caution. Unfortunately, for him, he lacked in a great measure the two things that are necessary for distinction in any field-magnetism and vision. He was not destined to be a great financier, though he was m...
Download or read book The Financier written by and published by . This book was released on 1899 with total page 1620 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Life of Robert Morris the Great Financier written by and published by . This book was released on 1841 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Financial History of the Philadelphia Electric Company Classic Reprint written by E. M. Patterson and published by Forgotten Books. This book was released on 2016-09-05 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from A Financial History of the Philadelphia Electric Company When the Philadelphia Electric Company was incorporated in 1899 it was over-capitalized to the extent of at least Because of this Philadelphia and its citizens have been paying each year for electricity nearly $1,000,000more than would other wise have been necessary. Having absolute control of the busi ness of furnishing electric current there was nothing to restrain the company from placing its charges at the point which it was thought would yield the maximum net returns. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book Biographies of Successful Philadelphia Merchants written by Stephen N. Winslow and published by Forgotten Books. This book was released on 2015-06-16 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Biographies of Successful Philadelphia Merchants During the years 1860 and '61 the Commercial List of Philadelphia, published a series of sketches, giving a lively account of the personal and private history of the Bank Presidents of that city, and also, in the same connection, some notice of the antecedents and career of the cashiers of the same institutions. The record was generally a fair one, though a few of the officials came off with drooping colors and a reputation far from enviable. As, however, no effort was made by the writers to suppress truth, and as there was much intrinsic merit in the sketches, they attracted a wide circle of readers, and were the subject of much attention among those interested in banks and banking, and in many classes of the business community who have heavy financial relations. These sketches, of so much interest to the banking community, would have been published in book form, for permanent preservation, profit and interest, both historically and locally, had it not been for the earnest protest, with but one exception, of the entire body of whom the sketches were the chronicle. Their value would have been considerable, as we know from experience. Think how interesting it would be to have a full, reliable local account of the operations of the great financier, Robert Morris, written all fresh and glowing with life, at the very time when Morris was carrying the financial burthen of the United States as he walked through the streets of the Quaker City. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book The Financier written by Theodore Dreiser and published by . This book was released on 1912 with total page 822 pages. Available in PDF, EPUB and Kindle. Book excerpt: Set in 19th century Philadelphia and based on the life of flamboyant financier C.T. Yerkes, Dreiser's portrayal of the unscrupulous magnate Frank Cowperwood embodies the idea that behind every great fortune there is a crime. In Philly the protagonist is eventually imprisoned for embezzlement of public funds. He later leaves prison, departs for Chicago, makes another fortune, and becomes involved in still further shaddy practices. You don't read Dreiser for literary finesse, but his great intensity and keen journalistic eye give this portrait a powerful reality. The author wrote two subsequent novels based on the life of Yerkes: "The Titan" and "The Stoic." --Amazon.com.
Download or read book The Financier written by and published by . This book was released on 1901 with total page 2500 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book FINANCIAL HIST OF THE PHILADEL written by Ernest Minor 1879 Patterson and published by . This book was released on 2016-08-26 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Financial History of the Philadelphia Electric Company written by Ernest Minor Patterson and published by . This book was released on 2022-10-27 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Philadelphia Stock Exchange and the City It Made written by Domenic Vitiello and published by University of Pennsylvania Press. This book was released on 2010-04-14 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Philadelphia Stock Exchange and the City It Made recounts the history of America's first stock exchange and the ways it shaped the growth and decline of the city around it. Founded in 1790, the Philadelphia Stock Exchange, its member firms, and the companies they financed had profound impacts on the city's place in the world economy. At its start, the exchange and its members helped spur the development of the early United States, its financial sector, and its westward expansion. During the nineteenth century, they invested in making Philadelphia the center of industrial America, raising capital for the railroads and coal mines that connected cities to one another and built a fossil fuel-based economy. After financing the Civil War, they underwrote the growth of the modern metropolis, its transportation infrastructure, utility systems, and real estate development. At the turn of the twentieth century, stagnation of the exchange contributed to Philadelphia's loss of power in the national and world economy. This original interpretation of the roots of deindustrialization holds important lessons for other cities that have declined. The exchange's revival following World War II is a remarkable story, but it also illustrates the limits of economic development in postindustrial cities. Unlike earlier eras, the exchange's fortunes diverged from those of the city around it. Ultimately, it became part of a larger, global institution when it merged with NASDAQ in 2008. Far more than a history of a single institution, The Philadelphia Stock Exchange and the City It Made traces the evolving relationship between the exchange and the city. For people concerned with cities and their development, this study offers a long-term history of the public-private partnerships and private sector-led urban development popular today. More generally, it traces the networks of firms and institutions revealed by the securities market and its participants. Herein lies a critical and understudied part of the history of metropolitan economic development.
Download or read book The Financier written by Theodore Dreiser and published by University of Illinois Press. This book was released on 2023-12-11 with total page 560 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1912, Theodore Dreiser's third novel, The Financier, captures the ruthlessness and sparkle of the Gilded Age alongside the charismatic amorality of the power brokers and bankers of the mid-nineteenth century. This volume is the first modern edition of The Financier to draw on the uncorrected page proofs of the original 1912 version, which established Dreiser as a master of the American business novel. The novel was the first volume of Dreiser’s Trilogy of Desire, also known as the Cowperwood Trilogy, which includes The Titan (1914) and The Stoic (1947). Dreiser laboriously researched the business practices and personal exploits of real-life robber baron Charles Yerkes to narrate Frank Algernon Cowperwood's early career in The Financier, which explores the unscrupulous world of finance from the Civil War through the panic incited by the 1871 Chicago fire. In 1927, the monumental novel reappeared in a radically revised version for which Dreiser, notorious for lengthy novels, agreed to cut more than two hundred and seventy pages. This revised version became the most familiar, reprinted by publishers and studied by scholars for decades. For this new edition, Roark Mulligan meticulously reviewed earlier versions of the novel and its publication history, including the last-minute removal of paragraphs, pages, and even whole chapters from the 1912 edition, cuts based mainly on the advice of H. L. Mencken. The restored text better matches Dreiser's original vision for the work. More than three hundred additional pages not available to modern readers--including those cut from the 1927 edition and more than seventy hastily removed from the manuscript just days before publication in 1912--more effectively establish characterization and motivation. Restored passages dedicated to the internal thoughts of major and minor characters bring a softer dimension to a novel primarily celebrated for its realistic attention to the cold external world of finance. Mulligan's historical commentary reveals new insights into Dreiser's creative practices and how his business knowledge shaped The Financier. This supplemental material considers the novel's place within the tradition of American business novels and its reflections on the scandalous business practices of the robber baron era.
