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 chrology 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 ecomy. 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 ecomic historians interested in the nature of the early decades of the first globalization.
Manuel Llorca-Jana is Associate Professor of Economic and Business History at Universidad de Santiago, Chile.
Taylor & Francis Ltd
Date of Publication
Management & Business: General
Place of Publication
Country of Publication
Pickering & Chatto (Publishers) Ltd
5 black & white illustrations, 10 black & white tables, 5 black & white line drawings