Capital City: New York City and the Men Behind America’s Rise to Economic Dominance, 1860—1900

Beskrivelse

Capital City: New York City and the Men Behind America’s Rise to Economic Dominance, 1860—1900.

Simon & Schuster, New York 2003, stor 8vo, orig. bind med omslag, xix + 396 s., engelsk tekst, illustrasjoner.

«With the opening of the Erie Canal and access to the Great Lakes and the Midwest, New York became the principal port and chief trading center of a growing nation. Some of New York’s merchants—most notably the all-but-forgotten Moses Taylor—discovered that lending money to shippers was more profitable than shipping itself. As shipping prospered and money accumulated in New York, a growing banking center emerged. By the time of the Civil War, New York was the chief financier of the Union cause.»