Overview

London merchant bankers emerged during the 1820s in the wake of financial turmoil caused by the wars of American Independence, the Napoleonic campaigns and the Anglo-American war of 1812. Though the majority of merchant bankers remained cautious in their affairs, Huth & Co established an impressive global network of trade and lending, dealing with over 6,000 correspondents in more than seventy countries. Based on archival research, this comparative study provides a new chronology of early nineteenth-century commercial and financial expansion. Huth & Co. were truly market-makers and key intermediaries of commodities and capital flows in the international economy. This is an important example of a firm shaping globalisation well before the transport and communication revolution of the last quarter of the nineteenth century. But rather than a case study, this is a comparative study concerned with the commercial and financial activities of the leading merchant-bankers of the period This book will be of great interest to business and economic historians interested in the nature of the early decades of the first globalization.

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9780367597924

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Reviews

This is a book written with great clarity and elegance...Without any doubt, this very interesting book is a compulsory reading for anyone interested in the world trade expansion of the nineteenth century. - Xabier Lamikiz, Investigaciones de Historia Economica - Economic History Research

"""This is a book written with great clarity and elegance...Without any doubt, this very interesting book is a compulsory reading for anyone interested in the world trade expansion of the nineteenth century."" - Xabier Lamikiz, Investigaciones de Historia Económica - Economic History Research"

Author Information

Manuel Llorca-Jaña is Associate Professor of Economic and Business History at Universidad de Santiago, Chile.

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