Open Access. Powered by Scholars. Published by Universities.®

Arts and Humanities Commons

Open Access. Powered by Scholars. Published by Universities.®

Articles 1 - 8 of 8

Full-Text Articles in Arts and Humanities

Caught In The Headlights: Revising The Road Kill Hypothesis Of Antebellum Illinois Bank Failures, Scott N. Clayman, Scott Deacle, Andrew J. Economopoulos May 2017

Caught In The Headlights: Revising The Road Kill Hypothesis Of Antebellum Illinois Bank Failures, Scott N. Clayman, Scott Deacle, Andrew J. Economopoulos

Business and Economics Faculty Publications

Illinois had a dismal free banking experience, with over 80% of its free banks failing by the start of the Civil War. Researchers agree that a dramatic change in bond prices was the catalyst, and some have shown that the riskiest banks, ex ante, were the most likely to fail. This study examines how Illinois free banks adjusted their portfolios in the face of increased political and financial risks prior to Abraham Lincoln’s election as president. Lincoln’s nomination in May 1860 and the Democratic Party schism in June 1860 raised the likelihood of secession and the potential for a significant …


Did Antebellum Illinois Free Banks Take Undue Risk With Their Bond Portfolios?: An Analysis Of Decision-Making Prior To The Civil War, Scott N. Clayman Apr 2015

Did Antebellum Illinois Free Banks Take Undue Risk With Their Bond Portfolios?: An Analysis Of Decision-Making Prior To The Civil War, Scott N. Clayman

Business and Economics Honors Papers

Free banks in Illinois could issue bank notes backed by state or U.S. bond collateral. A decline in bond prices as the Civil War approached resulted in banks being unable to redeem their noteholders in gold specie and subsequently resulted in bank failures. Previously economic historians believed that failures of free banks were due to wildcat banking rather than the portfolio allocation of free banks. Over time, other researchers have found that banks that took greater ex ante risk prior to the failure were more likely to fail. There were other price declines during the 1850s, in particular the Panic …


Pennsylvania Folklife Vol. 37, No. 3, Mary Lou Robson Fleming, Richard Matthews, William B. Fetterman, Erick D. Slazinski, N. F. Karlins, Leland D. Baldwin, Edward W. Chester Apr 1988

Pennsylvania Folklife Vol. 37, No. 3, Mary Lou Robson Fleming, Richard Matthews, William B. Fetterman, Erick D. Slazinski, N. F. Karlins, Leland D. Baldwin, Edward W. Chester

Pennsylvania Folklife Magazine

• Folk Artist Jacob Maentel of Pennsylvania and Indiana
• Up Another River: Fourteen Days on the St. Johns
• An Appreciation of Russell Wieder Gilbert
• Holy Images: A Brief Study of Folk Religious Belief
• Lamont Alfred "Old Ironsides" Pry, Contemporary American Folk Artist
• Synopsis of the Penburne Quintet


Pennsylvania Folklife Vol. 37, No. 2, Ned D. Heindel, Linda H. Heindel, Karl J. R. Arndt, Terry G. Jordan, Lois J. Groff Jan 1988

Pennsylvania Folklife Vol. 37, No. 2, Ned D. Heindel, Linda H. Heindel, Karl J. R. Arndt, Terry G. Jordan, Lois J. Groff

Pennsylvania Folklife Magazine

• The Junior Republic Movement in Pennsylvania: Youth Care in Grove City and Redington
• Brechloch, or Rapp's Harmony Society and the Production of Flax, Hemp, and Linen in Pennsylvania and Indiana
• Some Neglected Swiss Literature on the Forebay Bank Barn
• "Hoping for the Best, Yet Fearing the Worst": An Overview of Civil War Medical Care Until the Battle of Gettysburg
• Aldes un Neies


Pennsylvania Folklife Vol. 36, No. 1, Carolyn J. Mattern, Terry G. Jordan, Matti Kaups, Richard M. Lieffort, Hilda Adam Kring, Helen Bradley Griebel Oct 1986

Pennsylvania Folklife Vol. 36, No. 1, Carolyn J. Mattern, Terry G. Jordan, Matti Kaups, Richard M. Lieffort, Hilda Adam Kring, Helen Bradley Griebel

Pennsylvania Folklife Magazine

• A Pennsylvania Dutch Yankee: The Civil War Letters of Private David William Mattern (1862-1863)
• New Evidence on the European Origin of Pennsylvania V Notching
• Sem Kaufman's "Instructions to my Children"
• Worldview on the Landscape: A Regional Yard Art Study
• Aldes un Neies / Old & New


Pennsylvania Folklife Vol. 35, No. 3, Karl J. R. Arndt, Donald Graves, Michael Colby, Paul Mcgill, Nancy K. Gaugler, Harry E. Chrisman, William T. Parsons Apr 1986

Pennsylvania Folklife Vol. 35, No. 3, Karl J. R. Arndt, Donald Graves, Michael Colby, Paul Mcgill, Nancy K. Gaugler, Harry E. Chrisman, William T. Parsons

Pennsylvania Folklife Magazine

• The First German Broadside and Newspaper Printing of the American Declaration of Independence
• An Overview of Flax and Linen Production in Pennsylvania
• A Civil War Soldier's Tale
• Samuel W. Pennypacker's Translation of the Haslibacher Hymn
• An Autobiographical Sketch of Mrs. Sarah Hunter
• In Memoriam: Earl F. Robacker, 1904-1985
• Aldes un Neies / Old & New


Pennsylvania Folklife Vol. 28, No. 3, William T. Parsons, David H. Rapp, Phyllis Vibbard Parsons, Alfred L. Creager, Alvin F. Kemp Apr 1979

Pennsylvania Folklife Vol. 28, No. 3, William T. Parsons, David H. Rapp, Phyllis Vibbard Parsons, Alfred L. Creager, Alvin F. Kemp

Pennsylvania Folklife Magazine

• Lebenslauf of John Nicholas Schaefer
• Philip Jacob Michael: Ecclesiastical Vagabond or "Echt Reformirte" Pastor
• Drum! Drum! Drum!
• Kartz G'dichte (Short Poems)
• More Dialect Stories
• Aldes un Neies


Pennsylvania Folklife Vol. 26, No. 5, Leo Schelbert, Sandra Luebking, Richard H. Hulan, Edith Von Zemenszky, David A. Rausch Jul 1977

Pennsylvania Folklife Vol. 26, No. 5, Leo Schelbert, Sandra Luebking, Richard H. Hulan, Edith Von Zemenszky, David A. Rausch

Pennsylvania Folklife Magazine

• Swiss Mennonite Family Names: An Annotated Checklist
• The Dogtrot House and its Pennsylvania Associations
• A Letter from Pastor Johann Friedrich Ernst
• Civil War Medicine: A Patient's Account
• Soups, Stews, Broths, and Porridges: Folk-Cultural Questionnaire No. 48