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“Translating” Economic Policy into Business Policy: An Illustration from the Resumption of Specie Payments in 1879

Published online by Cambridge University Press:  24 July 2012

Fritz Redlich
Fritz Redlich
Affiliation:
Belmont, Massachusetts
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Extract

The way in which business men “translate” economic policy into business policy has never been studied systematically, but the subject is worth investigating. This problem first came to my attention in connection with some research in the field of economic history, and I have recently run across a case which merits description though broader conclusions cannot be drawn at this time.

Type
Other
Information
Business History Review , Volume 20 , Issue 6 , December 1946 , pp. 190 - 195
Copyright
Copyright © The President and Fellows of Harvard College 1946

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References

1 For the preceding see Dewey, Davis Rich, Financial History of the United States, 7th ed. (New York, 1920), pp. 372 ff.Google Scholar; and Hepburn, Alonzo Barton, A History of Currency in the United States (New York, 1915), pp. 228 ffGoogle Scholar.

2 Contained in George S. Coe's scrapbooks now owned by Mrs. C. H. Blake of Great Barrington, Mass., and used with her permission.

3 Proceedings of a Meeting of the New York Clearing House Association, November 12, 1878 (privately printed), passim.