When Washington Shut Down Wall Street : The Great Financial Crisis of 1914 and the Origins of America's Monetary Supremacy /

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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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Bibliographic Details
Main Author: Silber, William L. (Author)
Format: Electronic eBook
Language:Inglés
Published: Princeton, N.J. : Princeton University Press, [2007]
Series:Book collections on Project MUSE.
Subjects:
McAdoo, W. G. > (William Gibbs), > 1863-1941.
Gold standard.
Finance.
Currency question.
Currency crises.
BUSINESS & ECONOMICS > Economic History.
BUSINESS & ECONOMICS > Finance.
Étalon-or.
Guerre mondiale, 1914-1918 > Finances.
Crises de change > États-Unis > Études de cas.
World War, 1914-1918 > Finance.
Currency crises > United States > Case studies.
United States.
Études de cas.
Case studies.
Electronic books.
Online Access:Texto completo
Description
Summary: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.
Item Description:Originally published: 2007.
Physical Description:1 online resource (240 pages).
ISBN:9781400851669

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