7. The Significance of Credit and the Financial Crisis of 1772

Chapters in this book

1. Frontmatter i
2. Acknowledgments vii
3. Contents ix
4. CAPITAL AND CREDIT IN BRITISH OVERSEAS TRADE xi
5. 1. Introduction 1
6. 2. The Problem of Debt Viewed from the Chesapeake 5
7. 3. Capitalization of Merchant Firms 20
8. 4. Borrowing on Bond 44
9. 5. Borrowing from Banks 63
10. 6. Commercial Credit 96
11. 7. The Significance of Credit and the Financial Crisis of 1772 124
12. 8. The Implications for British Industrial and Commercial Development 140
13. Appendixes Notes Bibliography Index
14. Appendix A. Markups and Profit Margins in the Chesapeake Trade 149
15. Appendix B. Capitalization of Glasgow Chesapeake Firms between 1740 and 1789 (in Sterling) 152
16. Appendix C. Document on Credit and the Cargo Trade 156
17. Notes 163
18. Select Bibliography 205
19. Index 221