Native Capital

Anne Hanley is Assistant Professor of History at Northern Illinois University.

• @fmct:Contents @toc4:List of Tables and Figuresiii Notes on Conventionsiii Acknowledgmentsiii @toc2:1. Capital Markets and Economic Development1 2. Native Capital under the Empire000 3. Brokers and Business Finance under the Empire000 4. The Republican Revolution and the Rise of the Bolsa000 5. The Republican Revolution and the Failure of Universal Banking000 6. Commercial Banking and the Business of Development000 7. Conclusions000 @toc4:Appendix: Profits000 Notes000 Bibliography000 Index000

"This book will be welcomed not only by Brazilianists and Latin Americanists but also scholars interested in the dynamics of the money market in Brazil's First Republic (1889-1930). Anne Hanley gives a captivating account of bank activities in São Paulo between 1850 and 1920 and of the ensuing crises and readjustments in the Republic."—Hispanic American Historical Review "This major contribution to Brazilian economic history is... very good at describing what happened and why."—The Americas "Hanley has produced a deeply researched and persuasive analysis of the neglected, but fundamental, financial institutions that are so crucial to understanding economic development."—Journal of Latin American Studies "Anne G. Hanley...has constructed an excellent, detailed history of the organizations and legal structures that fueled an extraordinary period of financial innovation in Sao Paulo....Native Capital provides an important case study for very important questions in Brazilian and financial history. That the book raises provocative questions is a measure of its success."—EH.Net "...will not doubt stand as the definitive study of banking and business finance in So Paulo before 1920 for many years to come."—Business History Review "Hanley's well documented study is indeed an important contribution to our knowledge of the early diversification and industrial growth of Brazil's most dynamic state."—American Historical Review