Skip to main content
SpringerLink
Log in

Portfolio management of the free banks of Illinois: An examination of historical allegations

  • Articles
  • Published:
The Review of Austrian Economics Aims and scope Submit manuscript

This is a preview of subscription content, log in via an institution to check access.

Access this article

Log in via an institution

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

Institutional subscriptions

References

  • Calomiris, C. and C. Kahn, 1990. “The Efficiency of Cooperative Interbank Relations: The Suffolk System.” Working Paper: University of Illinois.

  • Cole, Arthur C. 1919.Constitutional Debates of 1847. Springfield: Illinois State Historical Library.

    Google Scholar 

  • Cronon, William. 1991.Nature's Metropolis. New York: Norton.

    Google Scholar 

  • Gorton, Gary. 1985. “Banking Theory and Free Banking History. A Review Essay.”Journal of Monetary Economics 16.

  • Green, George D. 1979. “Louisiana 1804–1861.” InBanking and Economic Development. Rondo Cameron, ed. New York: Oxford University Press.

    Google Scholar 

  • Economopoulos, Andrew J. 1988. “Illinois Free Banking.”Journal of Money, Credit, and Banking 20: 249–64.

    Google Scholar 

  • —— 1990. “Free Bank Failures in New York and Wisconsin: A Portfolio Analysis.”Explorations in Economic History 27: 421–41.

    Google Scholar 

  • Ford, Thomas. 1942.The History of Illinois as a State in 1818 to 1847. Chicago: Lakeside Press.

    Google Scholar 

  • Golembe, H. Carter. 1978:State Banks and the Economic Development of the West 1830–44. New York: Arno Press.

    Google Scholar 

  • Hammond, Bray. 1957.Banks and Politics in America from the Revolution to the Civil War. Princeton: Princeton University Press.

    Google Scholar 

  • Hilderlith, H. Roger and Hugh Rockoff. 1973. “The Management of Reserves by Antebellum Banks in Eastern Financial Centers.”Explorations in Economic History 2, No. 1.

  • Hubbard, T. W. and L. E. Davids. 1969.Banking in Mid-America. Washington, D.C.: Public Affairs Press.

    Google Scholar 

  • Hunt's Merchant Magazine, several issues 1852–1862.

  • Illinois State Auditor Biannual Report, Springfield, Ill.: 1852.

  • Luckett, Dudley. 1980.Money and Banking. New York: McGraw-Hill.

    Google Scholar 

  • Myers, Margaret. 1931.Origin and Development, Vol. 1. New York: Columbia University Press.

    Google Scholar 

  • Poole, William V. 1908.The Settlement of Illinois from 1830 to 1850. Unpb. Thesis. Madison: University of Wisconsin.

    Google Scholar 

  • Rockoff, Hugh. 1974. “The Free Banking Era: A Re-Examination.”Journal of Money, Credit and Banking 6: 141–67.

    Google Scholar 

  • ——. 1972.The Free Banking Era: A Re-Examination. New York: Arno Press.

    Google Scholar 

  • Rolnick, A. and W. E. Weber. 1984. “The Causes of Free Bank Failure: A Detailed Examination.”Journal of Monetary Economics 14: 1–24.

    Google Scholar 

  • --1982. “A New Explanation for Free Bank Failures.” Minneapolis, Minn.: Federal Reserve Report 79.

  • Samad, Abdus. 1990.The Free Banking Experience in Illinois. Unpb. Ph.D. Dissertation: University of Illinois.

  • ——, with Stephen Quinn. 1991. “Illinois Free Banks.”Illinois Business Review 48 1: 3–9.

    Google Scholar 

  • Selgin, George A. 1988.The Theory of Free Banking. Totowa, N.J.: Rowman and Littlefield.

    Google Scholar 

  • U.S. House of Representatives, 33rd Cong., 1st Sess., Ex. Doc. 102.

  • U.S. House of Representatives, 33rd Cong., 2nd Sess., Ex. Doc. 82.

  • U.S. House of Representatives, 34th Cong., 1st Sess., Ex. Doc. 101.

  • U.S. House of Representatives, 34th Cong., 3rd Sess., Ex. Doc. 87.

  • U.S. House of Representatives, 35th Cong., 1st Sess., Ex. Doc. 105.

  • U.S. House of Representatives, 35th Cong., 2nd Sess., Ex. Doc. 112.

  • U.S. House of Representatives, 36th Cong., 1st Sess., Ex. Doc. 49.

  • U.S. House of Representatives, 36th Cong., 2nd Sess., Ex. Doc. 77.

  • U.S. House of Representatives, 37th Cong., 3rd Sess., Ex. Doc. 24.

  • U.S. House of Representatives, 38th Cong., 1st Sess., Ex. Docs. 12–26.

Download references

Author information

Authors and Affiliations

  1. the University of Illinois at Urbana-Champaign, USA

    Salim Rashid (professor of economics)

  2. Governor's State University, USA

    Abdus Samad (professor of economics)

Authors
  1. Salim Rashid
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. Abdus Samad
    View author publications

    You can also search for this author in PubMed Google Scholar

Additional information

We are grateful to Andrew Economopoulos and to Charles Kahn for comments; to an anonymous referee for several helpful suggestions; and to the Research Board of the University of Illinois for providing support.

Rights and permissions

Reprints and permissions

About this article

Cite this article

Rashid, S., Samad, A. Portfolio management of the free banks of Illinois: An examination of historical allegations. Rev Austrian Econ 9, 55–76 (1996). https://doi.org/10.1007/BF01101881

Download citation

  • Issue Date:

  • DOI: https://doi.org/10.1007/BF01101881

Keywords

Search

Navigation