Use this URL to cite or link to this record in EThOS: http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.600396
Title: A London merchant banker in Anglo-American trade and finance, 1835-50
Author: Freedman, Joseph Robert
Awarding Body: University of London
Current Institution: University of London
Date of Award: 1969
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Abstract:
This thesis is an attempt to examine the activities of the London merchant bankers Frederick Ruth & Company in Anglo-American trade and finance between 1835 and 1850. It does not purport to offer a full inquiry into the world-wide interests of the house at this time nor to provide an exhaustive analysis of the economic relationships between Great Britain and the United States. Its more modest aims are therefore firstly to state the facts, which my research has revealed, of Ruths business with America, and secondly to try, through an examination of the house's papers supplemented by more general reading, to interpret Ruths activities in the wider context of Anglo-American trade and finance in general. The result can claim to be novel in that only Hidy's study of the Baring's at present offers a similar account in any detail. The story is presented for the most part in chronological. order so that the ebb and flow of the house's enthusiasm towards America, measured not only by the sentiments expressed in correspondence but by the volume of acceptances and the aggregates of outstanding balances, can be utilised to provide a central theme. In the course of the narrative however certain important topics stand out including the types of role which Ruths chase to adopt in diverse transactions, their attitude towards American securities, the nature and quality of their contacts across the Atlantic and so on. Moreover of particular interest are the individual. case histories of specific investments made for clients and also in effect for themselves, especially in the light of contemporary criticisms levelled at the merchant bankers with regard to their association with American stocks. Finally a statistical appendix is provided together with a number of synopses outlining those transactions with which the house was most preoccupied.
Supervisor: Not available Sponsor: Not available
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID: uk.bl.ethos.600396  DOI: Not available
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