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John D. Haeger - The Investment Frontier: New York Businessmen and the American West

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title The Investment Frontier New York Businessmen and the Economic - photo 1

title:The Investment Frontier : New York Businessmen and the Economic Development of the Old Northwest
author:Haeger, John D.
publisher:State University of New York Press
isbn10 | asin:0873955307
print isbn13:9780873955300
ebook isbn13:9780585060699
language:English
subjectWest (U.S.)--Economic conditions--19th century, Investments--West (U.S.)--History--19th century, Bronson, Arthur, Butler, Charles,--1802-1897, Capitalists and financiers--New York (State)--History--19th century, Capitalists and financiers--West (U.S.)--Hi
publication date:1981
lcc:HC107.A14H33 1981eb
ddc:330.978/02
subject:West (U.S.)--Economic conditions--19th century, Investments--West (U.S.)--History--19th century, Bronson, Arthur, Butler, Charles,--1802-1897, Capitalists and financiers--New York (State)--History--19th century, Capitalists and financiers--West (U.S.)--Hi
Page iii
The Investment Frontier
New York Businessmen and the Economic Development of the Old Northwest
John Denis Haeger
State University of New York Press
ALBANY
Page iv
Published by
State University of New York Press, Albany
1981 State University of New York
All rights reserved
Printed in the United States of America
No part of this book may be used or reproduced in any manner whatsoever without written permission except in the case of brief quotations embodied in critical articles and reviews.
For information, address State University of New York
Press, State University Plaza, Albany, N.Y., 12246.
Library of Congress Cataloging in Publication Data
Haeger, John D.
The investment frontier.
Bibliography: p. 293
Includes index.
1. West (U.S.)Economic conditions19th century.
2. InvestmentsWest (U.S.)History19th century.
3. Bronson, Arthur. 4. Butler, Charles, 1802-1897.
5. Capitalists and financiersNew York (State)
History19th century. 6 Capitalists and financiers
West (U.S.)History19th century. I. Title.
HC107.A17H33 330.978'02 81-741
ISBN 0-87395-530-7 AACR2
ISBN 0-87395-531-5 (pbk.)
Page v
To Cecily
Page vii
Contents
List of Illustrations and Tables
ix
Preface
xi
Acknowledgments
xvii
1. The Bronson Family
1
2. The Bronsons, Charles Butler, and the New York Life Insurance and Trust Company
18
3. Institutional Innovation and Western Investments: The Ohio Life Insurance and Trust Company
39
4. A Journey to the Old Northwest, 1833
59
5. The Conservative Speculator: Arthur Bronson and the Western Land Business, 1833-1836
74
6. An Eastern Promoter: Charles Butler and the Economic Development of the Old Northwest, 1835-1837
105
7. Eastern Financiers and the Struggle for Banking Reform, 1832-1843
128
8. Charles Butler and the Depression in the West
151
9. Arthur Bronson and the Depression in the West
169
10. Arthur Bronson and the Defense of Property Rights
186
11. Eastern Capitalists and State Debts
202
Conclusion
225

Page viii
Notes
233
Selected Bibliography
293
Index
303

Page ix
Illustrations and Tables
ILLUSTRATIONS
1. Portrait of Isaac Bronson
2
2. Map of Michigan and Northern Illinois in 1836
60
3. Plat of Grand Rapids, c. 1833
83
4. Plat of Chicago, 1834
87
5. Plat of Cassville, 1836
95
6. Map of Michigan, Northern Illinois, and the Wisconsin Territory in 1836
106
7. Map of Toledo, 1834
114
8. Portrait of Frederic Bronson
124
9. Portrait of William Butler Ogden
166
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