RAILWAY FINANCE AND THE CRISIS OF 1866: CONTRACTORS' BILLS OF EXCHANGE AND THE FINANCE COMPANIES. IN: RAILWAYS. VOLUME 2

The article analyzes how and why the finance companies emerged as the major source of funds for the railways; it identifies a variety of financial practices and malpractices that emerged in the private capital market. The article discusses some of the financial practices that led to the instability which, directly or indirectly, caused the crisis of 1866.

  • Availability:
  • Supplemental Notes:
    • Originally published in the Journal of Transport History, 2nd series, vol. 3, no. 1 (1975), pp 20-40.
  • Corporate Authors:

    Ashgate Publishing Company

    110 Cherry Street, Suite 3-1
    Burlington, VT  United States  05401-3818
  • Authors:
    • Cottrell, P L
  • Publication Date: 1996

Language

  • English

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00794324
  • Record Type: Publication
  • ISBN: 1859283004
  • Files: TRIS
  • Created Date: Jun 20 2000 12:00AM