Birth of a Market : The U. S. Treasury Securities Market from the Great War to the Great Depression.
- 1st ed.
- 1 online resource (406 pages)
- The MIT Press Series .
- The MIT Press Series .
Intro -- Contents -- Preface -- Acknowledgments -- 1 Introduction -- I Before the Great War -- 2 The Payments System before World War I -- 3 Treasury Debt Management before World War I -- II Financing the Great War -- 4 Treasury Finance during World War I -- 5 Designing the Liberty Loan -- 6 Marketing the Liberty Loans -- 7 Treasury Cash Management: Certificates of Indebtedness -- 8 Treasury Cash Management: War Loan Deposit Accounts -- 9 Federal Reserve Support of the Treasury Market during World War I -- 10 Coda on Treasury Debt Management during World War I -- III Paying Down the War Debt -- 11 Treasury Finance during the 1920s -- 12 Paying down the War Debt -- 13 Revival of the Over-the-Counter Market -- 14 Evolution of the Primary Market and the Introduction of Treasury Bills -- 15 Coda on Treasury Debt Management during the 1920s -- IV The Great Depression -- 16 Treasury Finance during the Great Depression -- 17 Nonmarketable Treasury Debt -- 18 Treasury Debt Management during the Great Contraction -- 19 Treasury Debt Management during the New Deal -- 20 The Primary Market during the Great Depression -- 21 Statutory Control of Treasury Indebtedness -- 22 The Brief Revival and Subsequent Extinction of National Bank Notes -- 23 Coda on Treasury Debt Management during the Great Depression -- V L'Envoi -- 24 Treasury Debt Management since 1939 -- References -- Index.
The evolution of "a marvel of modern finance," the market for U.S. Treasury securities, from 1917 to 1939.
9780262298674
Government securities -- United States -- History. Investments -- United States -- History.