Author : Bruce E. Baker
Publisher : Oxford University Press
Page : 233 pages
File Size : 29,71 MB
Release : 2016
Category : Business & Economics
ISBN : 0190211652
Book Description
The Cotton Kings is a colorful account of the men who fought to control the price of cotton on unregulated exchanges in New York and New Orleans. Dishonest brokers used bad information to raise and lower prices, make or break fortunes, regardless of supply and demand. Eventually, federal regulation stamped out corruption on the exchanges, helping millions of farmers and textile manufacturers.