A Nation of Counterfeiters: Capitalists, Con Men, and the Making of the United States
By: Stephen Mihm (author)Paperback
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Few of us question the slips of green paper that come and go in our purses, pockets, and wallets. Yet confidence in the money supply is a recent phenomenon: prior to the Civil War, the United States did not have a single, national currency. Instead, countless banks issued paper money in a bewildering variety of denominations and designs - more than ten thousand different kinds by 1860. Counterfeiters flourished amid this anarchy, putting vast quantities of bogus bills into circulation.
Stephen Mihm is Assistant Professor of History at the University of Georgia.
Prologue: Confidence and the Currency 1. Bordering on Alchemy 2. Cogniac Street Capitalism 3. The Bank Wars 4. The Western Bankers 5. Passing and Detecting 6. Ghosts in the Machine 7. Banking on the Nation Epilogue: Confidence in the Country Abbreviations Notes A Note on Sources Acknowledgments Index
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- ID: 9780674032446
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