Advertisement

Abstract

The Erie Ring and American Credit

May 5, 1870 issue

add to cart close window

There never has been a time when the demand for foreign capital in the U.S. has been so great as it is now. It is alarmingly great, and the utmost inducements are held out to tempt European money-lenders. No more loans on private corporate securities coming from this country can be negotiated abroad, except at a ruinous discount, until the law vindicates the rights of those who now stand before the U.S. courts as defrauded and baffled plaintiffs. This proposition sounds very reasonable. Capital is generally declared to be timid.

See Also:

LOANS; SECURITIES; FINANCE -- United States; COURTS; CAPITAL; UNITED States

Articles are sold in 'packs,' which are priced as follows:

1 for 2.95
4 for 9.95
10 for 19.95
50 for 34.95
300 for 149.95

Sales of archive individual articles, full issues or article packs are final and no refunds will be issued.

Access for libraries

1860s, 1870s, 1880s, 1890s, 1900s, 1910s, 1920s, 1930s, 1940s, 1950s, 1960s, 1970s, 1980s, 1990s, 2000s

H.L. Mencken, "An Eminent American," July 11, 1923.

In Your Cart

Your cart is empty.

My Articles

You must be logged in to view your articles.

I don't have a login.

I forgot my user name/password.

Advertisement

Most Read
Most Emailed
Popular Topics

» Blackwater's Secret War in Pakistan
» In the Shadow of Hoover
» How the US Funds the Taliban
» Filibustering the Public
» The Fifty-Year War
» Red Scare, Black Scare
» Whose Team Is It, Anyway?
» Travels by Taxi
» California Scheming
» The Afghan Speech Obama Should Give (But Won't)
» A Conversation About Cuba and Castro
» Tell The Nation: Recession Stories
» The New Inquisition
» The Palin Effect
» Regreening Africa
» It Isn't Easy Being Pro-Palin

Advertisement

» The Beat

Sanders Stands on Principle: No Reform w/out Public Option | It is my intention to do everything I can to see that a strong bill is passed which provides universal coverage in a cost-effective way."
John Nichols
15 Comments
Posted 4 minutes ago

» Editor's Cut

Filibuster Follies | "The filibuster has become a cancer growing inside the world's greatest deliberative body."
Katrina vanden Heuvel
109 Comments

» The Notion

Bad Black Mothers | For African American women, reproduction has never been an entirely private matter.
Melissa Harris-Lacewell
95 Comments

» Act Now!

Coal Country | Stunning film reveals new dimensions to the cost of America's over-reliance on coal.
Peter Rothberg
116 Comments

» The Dreyfuss Report

A Kingdom of Bicycles No Longer | China's ambassador for climate change speaks on the eve of the Copenhagen summit meeting.
Robert Dreyfuss
59 Comments