Skip Navigation


Enterprise and Society Advance Access originally published online on August 12, 2009
Enterprise and Society 2009 10(4):729-762; doi:10.1093/es/khp028
This Article
Right arrow Full Text
Right arrow Full Text (PDF)
Right arrow All Versions of this Article:
10/4/729    most recent
khp028v1
Right arrow Alert me when this article is cited
Right arrow Alert me if a correction is posted
Services
Right arrow Email this article to a friend
Right arrow Similar articles in this journal
Right arrow Alert me to new issues of the journal
Right arrow Add to My Personal Archive
Right arrow Download to citation manager
Right arrowRequest Permissions
Google Scholar
Right arrow Articles by Petrik, P.
Social Bookmarking
Add to CiteULike   Add to Connotea   Add to Del.icio.us  
What's this?

© The Author 2009. Published by Oxford University Press on behalf of the Business History Conference. All rights reserved. For permissions, please e-mail: journals.permissions@oxfordjournals.org.

Parading as Millionaires: Montana Bankers and the Panic of 1893

Paula Petrik

PAULA PETRIK is Professor of History at George Mason University and Associate Director of the Center for History & New Media

Contact information: Department of History & Art History, George Mason University, Fairfax, VA 22030. E-mail: ppetrik@gmu.edu

The first 150 words of the full text of this article appear below.

One day two swindlers came to this city; they made people believe that they were weavers, and declared they could manufacture the finest cloth to be imagined

Hans Christian Anderson

"The Emperor's New Clothes"

This man Hauser has for years paraded as a multi-millionaire. ...

L. H. Hershfield

President, Merchants National Bank

Historians, in general, and historians of the trans-Mississippi West, in particular, have paid scant attention to the Panic of 1893 except to summarize its highlights: the silver-mining industry collapsed; banks and businesses failed; unemployment increased; labor rebelled—sometimes violently; and the Populists gained political ground.1 Some historians of the American West have given the panic a miss entirely.2 Only a few have explored the panic beyond a paragraph or two, and fewer still have studied bank failure.3 By and large, historians have left the field to economists who provided analyses of bank runs in the Panic of 1893 by . . . [Full Text of this Article]


   The World of Nineteenth-Century Banking
 

   The First National Bank: Early Days
 

   The First National Bank & The Bank Examiners
 

   The Merchants National Bank & The Bank Examiners
 

   Banks in Trouble
 

   The Last Days: The Merchants National Bank
 

   Early Days: The First National Bank Receivership
 

   The Grand Jury & The Special Examiner
 

   Gathering Storm: The First National Bank & Merchants National Bank
 

   The Government Analyzes
 

   Conclusions
 

Add to CiteULike CiteULike   Add to Connotea Connotea   Add to Del.icio.us Del.icio.us    What's this?