Financial History Issue 129 (Spring 2019) | Page 4
Financial
history
The magazine of the
Museum of American Finance
in association with
the Smithsonian Institution
IN THIS ISSUE
FEATURES
13 A Tale of Two Panics
Issue 129 • Spring 2019
(ISSN 1520-4723) Comparing the Panics of
1907 and 2008.
Kristin Aguilera By Daniel C. Munson
Editor
EDITORIAL ADVISORY BOARD
Howard A. Baker, Esq.
Howard Baker Associates
Lawrence A. Cunningham
The George Washington University
Brian Grinder
Eastern Washington University
17 Bubbles and Crashes
The great market democratization
of the 20th century.
By Brent Goldfarb and David A. Kirsch
Bradley Jones
Reserve Bank of Australia
Gregory DL Morris
Freelance Journalist
Susie Pak
St. John’s University
Arthur W. Samansky
The Samansky Group
Bob Shabazian
20 From Tariffs to Taxes
The decision to shift from using tariffs as the major source
of federal revenue to depending instead on income taxes
occupied two generations of lawmakers.
By Michael A. Martorelli
American Stock Exchange (ret.)
Myles Thompson
Robert E. Wright
Augustana University
Jason Zweig
The Wall Street Journal
ART DIRECTION
Alan Barnett Design
MUSEUM STAFF
David J. Cowen, President/CEO
Kristin Aguilera, Deputy Director
Maura Ferguson, Director of Exhibits
Sarah Poole, Collections Manager
Linda Rapacki, Managing Director
of Visitor Services and Operations
Mindy Ross, Director, External Relations
Copyright © 2019 by the
Museum of American Finance, publisher,
25 Broadway, 5th Floor, New York, NY 10004.
Telephone: 212-908-4110. All rights reserved.
Financial History is the official membership
magazine of the Museum of American Finance.
24 Our First Great Depression
On its bicentennial, the Panic of
1819 may be the most important
event in American history that
few people have heard of.
Janice Traflet
Bucknell University
By Andrew H. Browning
28 The Unlikely Reformer
The legacy of Carter Glass, who served
as congressman, Secretary of the
Treasury and senator for 43 years
during the first half of the
20th century.
By Matthew P. Fink
32 Where Are They Now?
The Museum’s series on 207 of
the underwriters of the 1956
Ford IPO continues with the
history of Bache & Co. (founded
in New York in 1891).
By Susie J. Pak
2 FINANCIAL HISTORY | Spring 2019 | www.MoAF.org
Columbia Business School Publishing