THE MICHIGAN FREE BANK EXPERIENCE: WILD CAT BANKING OR INTERFERENCE WITH CONTRACT?
Wild Cat banking was only one of the factors behind the collapse of Michigan’s banking system and the state’s subsequent fall into a deep and prolonged depression. The Wild Cat period was brief, less than a year; the number of Wild Cat banks was small, perhaps a dozen; losses to note holders due sp...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Economic & Business History Society
2014-06-01
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| Series: | Essays in Economic and Business History |
| Online Access: | http://ebhsoc.org/journal/index.php/ebhs/article/view/240 |