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.

Full Product Details

9781848936072

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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

'...a book that is not only impressively rich in empirical detail, but also incredibly valuable for gaining a deeper understanding of the working mechanisms of an early nineteenth-century UK merchant bank.' - Matthew Hollow, Economic History Review 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

Author Information

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

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