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Between 1875 and 1900, the assets of trust companies in New York City grew at a compound annual rate of 9.6%, compared with 4.1% for national banks. The purpose of this book, first published in 1986, is to bring to light the entrepreneurial, economic and political forces which prompted the growth of the trust companies and resolved the movement into a well-defined financial intermediary and eventually led to the merging of the trust movement with commercial banks.
This 14-volume set collects together a series of key titles that provide a wide-ranging analysis of money (A Survey of Primitive Money), banking (Bank Behavior, Regulation and Economic Development) and finance (The Money Market). Other titles expand on these topics, giving both a wider overview and a more detailed snapshot of the subjects covered.
Did the coverage of the Clinton-Lewinsky scandal set a new low for American journalism? How has news gathering and reporting changed, and what effects has this had on the political and cultural landscape? In this insightful and thoughtful book, Bill Kovach and Tom Rosenstiel, two of America's leading press watchers, explore the new culture of news--what they call the new Mixed Media Culture--and show how it works. Warp Speed describes a world of news in which the speed of delivery is reducing the time for verification, sources are gaining more leverage over the news, and argument is overwhelming reporting. The press, forced to adhere to the demands of the bottom line and keep its audience, is straining more and more to find the Big Story to package as a form of entertainment, turning news stories into TV dramas; and turning history into a kind of Truman Show. As a result, the role of the press in a self-governing society is undermined. Grounded in extensive research, Warp Speed is informed by interviews and testimony from the principal journalists who covered this story and who covered the other great scandals of Washington politics. It offers detailed recommendations on how journalists can right their ship, such as using anonymous sources more responsibly and turning good journalism into good business.
Using post-Civil War Richmond, Virginia, as a case study, Hoffman explores the role of race and class in the city building process from 1870 to 1920. Richmond's railroad connections enabled the city to participate in the commercial expansion that accompanied the rise of the New South. A highly compact city of mixed residential, industrial and commercial space at the end of the Civil War, Richmond remained a classic example of what historians call a "walking city" through the end of the century. As city streets were improved and public transportation became available, the city's white merchants and emerging white middle class sought homes removed from the congested downtown. The city's African American and white workers generally could not afford to take part in this residential migration. As a result, the mixture of race and class that had existed in the city since its inception began to disappear. The city of Richmond exemplified characteristics of both Northern and Southern cities during the period from 1870 to 1920. Retreating Confederate soldiers had started fires that destroyed the city in 1865, but by 1870, the former capital of the Confederacy was on the road to recovery from war and reconstruction, reestablishing itself as an important manufacturing and trade center. The city's size, diversity and economic position at the time not only allows for comparisons to both Northern and Southern cities but also permits an analysis of the role of groups other than the elite in city building process. By taking a look at Richmond, we are able to see a more complete picture of how American cities have come to be the way they are.