The War and Wall Street (Classic Reprint): An Address Delivered Before the City Club at Rochester, N. Y., Nov; 14, 1914: An Address Delivered Before ... N. Y., Nov; 14, 1914 (Classic Reprint) - Softcover

Inhaltsangabe

War, Railways, and Finance explains how wartime pressures on railroad credit reshaped American markets and policy.

This book surveys a pivotal moment when the railway system faced financial strain, regulatory debates, and a push for new governance. It traces how credit, policy, and market expectations intertwined to test the country’s economic resilience during a time of global crisis.

Across gripping analyses of banks, stock markets, and federal action, the work shows how decisions about rates, regulation, and public interests influenced the nation’s transportation backbone. It also contrasts American railways with foreign systems to illuminate the scale of the challenge and the stakes for investors, workers, and lawmakers.

• How wartime conditions affected railway revenue, credit, and the push for rate increases
• Proposals for a federal charter and a centralized administration to stabilize the industry
• The role of the Stock Exchange and international credit during financial stress
• Comparisons of costs, wages, debt, and taxes that shaped policy debates

Ideal for readers interested in the intersections of finance, policy, and transportation during the early 20th century.

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