First published in 1916, this work is still recognised as a valuable historical and analytical study of the rise and development of finance as a centralised, coordinated force during the period 1385 to 1915. It examines the evolution of the modern money market, and describes amongst other things the decline of the anti-usury sentiment, the beginnings of banking, and the early stock exchange. In detail the author goes on to discuss everything from the rise of the joint stock banks to the post-banking evolution.

part I|194 pages

Introductory Historical Sketch

part II|46 pages

The Nucleus of Organisation

chapter VII|44 pages

The Prestige of the bank of England

part III|170 pages

The Rise of the Modern Money Market

part IV|156 pages

The Struggle Towards Consolidation

chapter XVII|40 pages

Financial Confederacy “in a Flood”

chapter XVIII|12 pages

The Baring Crisis, 1890

part V|71 pages

Confederacy, the Great Avowal and the Supreme Test

chapter XXI|24 pages

Summary and Conclusion