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Texas State Historical Association

Scottish Capital on the American Credit Frontier

Scottish Capital on the American Credit Frontier

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This is an unusual frontier epic, chronicling the West of credits and debits, collateral, and interest. Capital was one of the most needed commodities in Texas and the West, and Scottish financiers provided vital and massive amounts. W. G. Kerr brings to this economic history a voluminous knowledge of Anglo-Scottish financial activities in the U.S., capturing the capital, cattle, and properties, and the men who owned and managed them.

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