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How the creation of a new banking infrastructure in the early twentieth century established the United States as a global financial power

The dominance of US multinational businesses today can seem at first like an inevitable byproduct of the nation’s superpower status. In Dollars and Dominion, Mary Bridges tells a different origin story. She explores the ramshackle beginnings of US financial power overseas, showing that US bankers in the early twentieth century depended on the US government, European know-how, and last-minute improvisation to sustain their work abroad. Bridges focuses on an underappreciated piece of the nation’s financial infrastructure—the overseas branch bank—as a brick-and-mortar foundation for expanding US commercial influence.

Bridges explores how bankers sorted their new communities into “us”—potential clients—and “them”—local populations, who often existed on the pe

Dollars and Dominion

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Hardback by Professor Mary Bridges

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How the creation of a new banking infrastructure in the early twentieth century established the United States as a global... Read more

    Publisher: Princeton University Press
    Publication Date: 10/8/2024
    ISBN13: 9780691248134, 978-0691248134
    ISBN10: 0691248133

    Non Fiction , History , Non Fiction

    Description

    How the creation of a new banking infrastructure in the early twentieth century established the United States as a global financial power

    The dominance of US multinational businesses today can seem at first like an inevitable byproduct of the nation’s superpower status. In Dollars and Dominion, Mary Bridges tells a different origin story. She explores the ramshackle beginnings of US financial power overseas, showing that US bankers in the early twentieth century depended on the US government, European know-how, and last-minute improvisation to sustain their work abroad. Bridges focuses on an underappreciated piece of the nation’s financial infrastructure—the overseas branch bank—as a brick-and-mortar foundation for expanding US commercial influence.

    Bridges explores how bankers sorted their new communities into “us”—potential clients—and “them”—local populations, who often existed on the pe

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