Title: When Washington shut down Wall Street : the great financial crisis of 1914 and the origins of America's monetary supremacy /
Authors: Silber, William L.
Publisher: Princeton University Press,
Year: 2007
Subjects: McAdoo, W. G.; McAdoo, W. G.; Currency crises United States Case studies.; Currency question.; World War, 1914-1918 Finance; Gold standard.
Abstract: "When Washington Shut Down Wall Street recreates the drama of America's battle for financial credibility. McAdoo's accomplishments place him alongside Paul Volcker and Alan Greenspan as great American financial leaders. McAdoo, in fact, nursed the Federal Reserve into existence as the 1914 crisis waned and served as the first chairman of the Federal Reserve Board."--Jacket.
Contents: Introduction: the legacy of 1914 -- The opening salvo -- The European gold rush -- The nightmare of 1907 -- Unlocking emergency currency -- Sterling steals the spotlight -- New Street defies McAdoo -- Rescue -- End game -- Birth of a financial superpower -- Epilogue: blueprint for crisis control.