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Economic Evolution and Revolution in Historical Time$
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Paul W. Rhode, Joshua L. Rosenbloom, and David F. Weiman

Print publication date: 2011

Print ISBN-13: 9780804771856

Published to Stanford Scholarship Online: June 2013

DOI: 10.11126/stanford/9780804771856.001.0001

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PRINTED FROM STANFORD SCHOLARSHIP ONLINE (www.stanford.universitypressscholarship.com). (c) Copyright Stanford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in SSO for personal use.date: 18 October 2019

Financial Market and Industry Structure: A Comparison of the Banking and Textile Industries in Boston and Philadelphia in the Early Nineteenth Century

Financial Market and Industry Structure: A Comparison of the Banking and Textile Industries in Boston and Philadelphia in the Early Nineteenth Century

Chapter:
(p.141) Chapter 6 Financial Market and Industry Structure: A Comparison of the Banking and Textile Industries in Boston and Philadelphia in the Early Nineteenth Century
Source:
Economic Evolution and Revolution in Historical Time
Author(s):

Ta-Chen Wang

Publisher:
Stanford University Press
DOI:10.11126/stanford/9780804771856.003.0006

This chapter, which studies the interactions between banks and textile industries in Boston and Philadelphia in the early nineteenth century, first compares the industrial growth in Boston and Philadelphia using the textile sector as an example. It then moves on to the parallel development of banking systems and bank lending practices in Massachusetts and Pennsylvania, and also attempts to associate the divergent path of industrialization in these regions with differences in banking systems. The chapter concludes with proposals for a future research agenda.

Keywords:   banks, textile industries, Boston, Philadelphia, banking systems, lending practices, Massachusetts, Pennsylvania

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