The Chinese cornerstone of modern banking : the Canton guaranty system and the origins of bank deposit insurance 1780-1933 /
Grant, Frederick Delano, Jr.
The Chinese cornerstone of modern banking : the Canton guaranty system and the origins of bank deposit insurance 1780-1933 / By Frederick Delano Grant, Jr. - 1 online resource. - Legal history library ; v. 10 Studies in the history of private law . - Legal History Library 14/6. International Law E-Books Online, Collection 2014, ISBN: 9789004262461. .
Includes bibliographical references and index.
Preliminary Material / 1 Introduction / 2 Sources of the Canton Guaranty System / 3 Evolution of the Canton Guaranty System / 4 The Fund is Drained, 1780–1799 / 5 Three Plagues: War, Piracy and Litigation, 1800–1814 / 6 Years of Rebound and Opium, 1815–1828 / 7 The Last Years of the Canton System, 1829–1842 / 8 From Safety Fund to Bank Deposit Insurance / 9 Eighty Years of Bank Deposit Insurance / 10 Epilogue / Appendices / Bibliography / Index / Frederic Delano Grant -- Frederic Delano Grant -- Frederic Delano Grant -- Frederic Delano Grant -- Frederic Delano Grant -- Frederic Delano Grant -- Frederic Delano Grant -- Frederic Delano Grant -- Frederic Delano Grant -- Frederic Delano Grant -- Frederic Delano Grant -- Frederic Delano Grant -- Frederic Delano Grant -- Frederic Delano Grant.
Available to subscribing member institutions only.
Modern bank insurance is traced to its roots in The Chinese Cornerstone of Modern Banking: The Canton Guaranty System and the Origins of Bank Deposit Insurance 1780-1933 . Frederic Delano Grant, Jr. provides new understandings of the Canton System, collective responsibility for debt at Canton, and the history of deposit insurance. The Canton Guaranty System inspired radical reform in New York in 1829 – the ancestor of all modern deposit insurance. Yet it was never the success imagined, and soon failed. In the Opium War, the Chinese government as implicit guarantor was forced to pay its debts in full on 23 July 1843. The afflictions of the Chinese system, including moral hazard, too big to fail, and unenforced laws, remain familiar today.
9789004276567
10.1163/9789004276567 DOI
2014027748
Deposit insurance--History.--China--Guangzhou
Suretyship and guaranty--History.--China--Guangzhou
Banks and banking--History.--China
HG1662.C5 / G73 2014
368.8/5400951
The Chinese cornerstone of modern banking : the Canton guaranty system and the origins of bank deposit insurance 1780-1933 / By Frederick Delano Grant, Jr. - 1 online resource. - Legal history library ; v. 10 Studies in the history of private law . - Legal History Library 14/6. International Law E-Books Online, Collection 2014, ISBN: 9789004262461. .
Includes bibliographical references and index.
Preliminary Material / 1 Introduction / 2 Sources of the Canton Guaranty System / 3 Evolution of the Canton Guaranty System / 4 The Fund is Drained, 1780–1799 / 5 Three Plagues: War, Piracy and Litigation, 1800–1814 / 6 Years of Rebound and Opium, 1815–1828 / 7 The Last Years of the Canton System, 1829–1842 / 8 From Safety Fund to Bank Deposit Insurance / 9 Eighty Years of Bank Deposit Insurance / 10 Epilogue / Appendices / Bibliography / Index / Frederic Delano Grant -- Frederic Delano Grant -- Frederic Delano Grant -- Frederic Delano Grant -- Frederic Delano Grant -- Frederic Delano Grant -- Frederic Delano Grant -- Frederic Delano Grant -- Frederic Delano Grant -- Frederic Delano Grant -- Frederic Delano Grant -- Frederic Delano Grant -- Frederic Delano Grant -- Frederic Delano Grant.
Available to subscribing member institutions only.
Modern bank insurance is traced to its roots in The Chinese Cornerstone of Modern Banking: The Canton Guaranty System and the Origins of Bank Deposit Insurance 1780-1933 . Frederic Delano Grant, Jr. provides new understandings of the Canton System, collective responsibility for debt at Canton, and the history of deposit insurance. The Canton Guaranty System inspired radical reform in New York in 1829 – the ancestor of all modern deposit insurance. Yet it was never the success imagined, and soon failed. In the Opium War, the Chinese government as implicit guarantor was forced to pay its debts in full on 23 July 1843. The afflictions of the Chinese system, including moral hazard, too big to fail, and unenforced laws, remain familiar today.
9789004276567
10.1163/9789004276567 DOI
2014027748
Deposit insurance--History.--China--Guangzhou
Suretyship and guaranty--History.--China--Guangzhou
Banks and banking--History.--China
HG1662.C5 / G73 2014
368.8/5400951