04777nam a22005535i 4500001001800000003000900018005001700027007001500044008004100059020003700100024003500137050001000172072001600182072001600198072002300214072001500237072001500252100008100267245016300348250001800511264007900529300006500608336002600673337002600699338003600725347002400761490005900785505074700844520204401591650002003635650001303655650002903668650003403697650002203731650003003753650002903783650003403812650005103846710003403897773002603931776003603957776003603993776003604029830006604065856004604131912001404177912001504191999001704206978-3-031-56277-8DE-He21320251030112023.0cr nn 008mamaa240501s2024    sz |    s    |||| 0|eng d  a97830315627789978-3-031-56277-87 a10.1007/978-3-031-56277-82doi 4aHG171 7aKFF2bicssc 7aKCZ2bicssc 7aBUS0230002bisacsh 7aKFF2thema 7aKCZ2thema1 aNeal, Larry.eauthor.4aut4http://id.loc.gov/vocabulary/relators/aut97617514aThe Forgotten Financiers of the Louisiana Purchaseh[electronic resource] :bEuropean Bankers, the US, and the Rise of International Finance /cby Larry Neal.  a1st ed. 2024. 1aCham :bSpringer Nature Switzerland :bImprint: Palgrave Macmillan,c2024.  aXXV, 251 p. 18 illus., 16 illus. in color.bonline resource.  atextbtxt2rdacontent  acomputerbc2rdamedia  aonline resourcebcr2rdacarrier  atext filebPDF2rda1 aPalgrave Studies in the History of Finance,x2662-51720 aChapter 1: Behind the Scenes of the Louisiana Purchase -- Chapter 2: Setting Up the Finance for the Louisiana Purchase -- Chapter 3: “The Present Order of Things” in January 1803 -- Chapter 4: Baring & Hope Anticipate Financing the Louisiana Purchase -- Chapter 5: All The Players Were Important -- Chapter 6: Daniel Parker, American Expatriate Extraordinaire -- Chapter 7: The deal is done, but problems arise: America, London, Paris, and Amsterdam  -- Chapter 8: Meanwhile, More Trouble Back in Paris -- Chapter 9: The Financial & Personal Crises of 1810-11 -- Chapter 10: The War of 1812 and the Financiers of the Louisiana Purchase -- Chapter 11: Lessons Learned and Applied -- Chapter 12: Curtain Call: The Players Should Take a Bow.  a“The Louisiana Purchase is mostly remembered for the political acumen of Thomas Jefferson and Napoleon’s pragmatism. This book shows that the grand bargain to double the size of the US depended on the financial engineering of two European merchant bankers. The bankers initiated a deal that avoided confrontation between the US and France and circumvented Britain’s opposition. Perhaps this is why Jefferson stated that banks “are more dangerous than standing armies.” – Rui Esteves, Professor, Geneva Graduate Institute “When Napoleon in 1803 offered to sell France’s territorial claims in North America, the young United States did not have the money to buy. But it had something equally important: credit in the world of international finance. Neal’s splendid contribution to financial history reveals how two enterprising European bankers used U.S. creditworthiness to structure the deal and arrange the financing that allowed the United States to double its territory and become a rising global power.” – Richard Sylla, New York University “A complete reversal of what we thought we knew about the Louisiana purchase. As Professor Neal shows in this tour de maître, the financiers who masterminded the purchase did not ‘arrange it’. They were really the puppeteers of the whole act." – Marc Flandreau, Howard S. Marks Professor of Economic History at University of Pennsylvania This book provides a comprehensive account of how the Louisiana Purchase of 1803 was financed. Where existing research has focused predominantly on the political and diplomatic significance of the Purchase, this book focuses on the ‘forgotten financiers’ of the Purchase – individuals from the US, France and the UK including Alexander Baring, Albert Gallatin, Pierre Cesar Labouchere and François Barbè-Marbois. Larry Neal is Emeritus Professor of Economics at the University of Illinois at Urbana-Champaign, Research Associate of the National Bureau of Economic Research, and Fellow of the Cliometrics Society. . 0aFinance.958339 0aHistory. 0aEconomic history.957506 0aInternational finance.957834 0aEconomics.95835414aFinancial History.97105724aEconomic History.95750624aInternational Finance.95783424aPolitical Economy and Economic Systems.9709942 aSpringerLink (Online service)0 tSpringer Nature eBook08iPrinted edition:z978303156276108iPrinted edition:z978303156278508iPrinted edition:z9783031562792 0aPalgrave Studies in the History of Finance,x2662-517297617640uhttps://doi.org/10.1007/978-3-031-56277-8  aZDB-2-ECF  aZDB-2-SXEF  c59568d59568