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Origins of Commercial Banking in America

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Robert E. Wright, Origins of Commercial Banking in America, 1750-1800 (Lanham, Md.: Rowman and Littlefield, 2001).


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Review blurbs:

"Wright has written a highly original book that merits our attention." -- Eh.net
"This is a very useful study of early mercantile practice and the origins of commercial banking." -- Journal of American History
"Wright carefully recounts the political battles between rising middling entrepreneurs and established commercial interests." -- Enterprise and Society
"The many useful facts and characterizations of early American banking make this book a significant contribution." -- Journal of Economic History
"Wright has presented a significant discussion of the role and activities of early American banks, the role of the Revolution in challenging traditional methods of commercial exchange and investment, and the emergence of a stable commercial banking system from this struggle." -- Journal of American History
"His extensive archival and second research enables Wright to paint a penetrating portrait of the development of commercial banks and demonstrate that their appearance played a central role in the economic and social changes that swept Revolutionary America." -- Business History Review