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During the interwar period, J.P. Morgan was the most important bank in the world and at the crossroads of US politics, international relations and finance. In J.P. Morgan & Co. and the Crisis of Capitalism, Martin Horn brings us the first in-depth history of how J.P. Morgan responded to the greatest crisis in the history of financial capitalism, shedding new light on the Great Depression, the New Deal, and the coming of World War II. Horn shows how J.P. Morgan & Co as a business responded to the 1929 Crash and the Depression, including its part in the New York Stock Exchange Crash, arguing that the Morgan partners misread the seriousness of the crash. He also offers new insights into the interactions of politics and finance, exploring J.P. Morgan's relationship with the Hoover administration and the bank's clash with Roosevelt over New Deal legislation.
Banks and banking --- Capitalism --- Investment banking --- History --- J.P. Morgan & Co. --- United States --- Economic conditions --- Banks and banking, Investment --- Investment banks --- Financial institutions --- Securities --- Market economy --- Economics --- Profit --- Capital --- Agricultural banks --- Banking --- Banking industry --- Commercial banks --- Depository institutions --- Finance --- Money --- Morgan (J. P.) and Company --- J.P. Morgan and Co. --- JP Morgan (Firm) --- J.P. Morgan (Firm) --- JPMorgan (Firm) --- Morgan & Co. --- Drexel, Morgan & Co. --- Guaranty Trust Company of New York --- Morgan Guaranty Trust Company of New York --- J.P. Morgan Chase & Co.
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"Late in February 1930 Owen Young journeyed by private railcar to Arizona. Young was at the height of his fame as a General Electric executive, as the founder of the Radio Corporation of America (RCA) and as an international statesman whose name adorned the just concluded Young Plan. Time magazine named him man of the year in 1929. He was bruited as a possible Presidential candidate in 1932. Discussion with his travelling companion, Everett Case, turned to Young's friend, J.P. Morgan Jr. [Jack Morgan], the senior partner of J.P. Morgan & Co. Young thought that it was a pity that Jack Morgan was so little known to the American public, for J.P. Morgan & Co. was "the most important banking house in the world with the power of affecting the lives of people in this country and throughout the world". A decade later, Morris Ernst, a prominent New York lawyer and the general counsel of the American Civil Liberties Union from 1929-55, wrote another Morgan partner, Russell C. Leffingwell. Ernst mused "I think your house has a responsibility that is practically superhuman, and assuming complete honesty and ability can never be met to the satisfaction of society." Young was an intimate of the Morgan partners, Ernst a critic who believed that the Morgan part in American life was baleful. Both agreed that J.P. Morgan & Co.'s influence was pervasive"--
Banks and banking - United States - History - 20th century --- ent banking - United States - History - 20th century --- Capitalism - United States - History - 20th century --- J.P. Morgan & Co --- United States - Economic conditions - 1918-1945 --- Investment banking - United States - History - 20th century --- Banks and banking --- Investment banking --- Capitalism --- United States
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Horn shows that victory followed not only from the ability to arm and feed mass armies but also from the capacity to raise money. Fighting the war imposed new demands on the belligerents, extending the power of the state and forcing cooperation among allies. Given their long tradition of hostility, adapting to these new realities was a wrenching process for Britain and France. Britain financed the war not only to win but also to preserve its prewar financial dominance; France financed it to survive and to ensure that the stability of the Third Republic was not threatened.
World War, 1914-1918 --- Finance --- Guerre mondiale, 1914-1918 --- Finances
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Economic order --- Money market. Capital market --- Private finance --- United States of America
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The main topics of this book include advanced control, cognitive data processing, high performance computing, functional safety, and comprehensive validation. These topics are seen as technological bricks to drive forward automated driving. The current state of the art of automated vehicle research, development and innovation is given. The book also addresses industry-driven roadmaps for major new technology advances as well as collaborative European initiatives supporting the evolvement of automated driving. Various examples highlight the state of development of automated driving as well as the way forward. The book will be of interest to academics and researchers within engineering, graduate students, automotive engineers at OEMs and suppliers, ICT and software engineers, managers, and other decision-makers.
Transportation engineering. --- Robotics and Automation. --- Transportation Technology and Traffic Engineering. --- Autonomous vehicles --- AGVS --- Guided vehicle systems, Automated --- Autonomous motor vehicles --- Driver-free cars --- Driverless cars --- Robot cars (Autonomous vehicles) --- Self-driving cars --- Engineering. --- Automotive engineering. --- Robotics. --- Automation. --- Traffic engineering. --- Automotive Engineering. --- Automated guided vehicle systems. --- Technological innovations. --- Industrial electric trucks --- Materials handling --- Robots, Industrial --- Autonomous robots --- Mobile robots --- Motor vehicles --- Traffic Engineering. --- Engineering, Traffic --- Road traffic --- Street traffic --- Traffic, City --- Traffic control --- Traffic regulation --- Urban traffic --- Highway engineering --- Transportation engineering --- Construction --- Industrial arts --- Technology --- Civil engineering --- Engineering --- Automatic factories --- Automatic production --- Computer control --- Engineering cybernetics --- Factories --- Industrial engineering --- Mechanization --- Assembly-line methods --- Automatic control --- Automatic machinery --- CAD/CAM systems --- Robotics --- Automation --- Machine theory --- Automated vehicles --- Embedded computer systems. --- Computer systems --- Architecture Analysis and Design Language --- Embedded systems (Computer systems) --- Automated motor vehicles --- Robot cars (Automated vehicles)
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The main topics of this book include advanced control, cognitive data processing, high performance computing, functional safety, and comprehensive validation. These topics are seen as technological bricks to drive forward automated driving. The current state of the art of automated vehicle research, development and innovation is given. The book also addresses industry-driven roadmaps for major new technology advances as well as collaborative European initiatives supporting the evolvement of automated driving. Various examples highlight the state of development of automated driving as well as the way forward. The book will be of interest to academics and researchers within engineering, graduate students, automotive engineers at OEMs and suppliers, ICT and software engineers, managers, and other decision-makers.
Applied physical engineering --- Transport engineering --- Transport. Traffic --- Artificial intelligence. Robotics. Simulation. Graphics --- Computer. Automation --- automatisering --- verkeer --- transport --- motorrijtuigen --- KI (kunstmatige intelligentie) --- ingenieurswetenschappen --- robots --- auto's --- AI (artificiële intelligentie)
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Did Ford SAF sabotage the German war effort by deliberately manufacturing fewer vehicles than they could have? Ford SAF claimed after the war that they did. Exploring the nature and limits of industrial collaboration in occupied France, Horn and Imlay trace the wartime activities of Ford Motor Company's French affiliate. The company began making trucks and engine parts for the French military; but from 1940 until Liberation in 1944 was supplying the Wehrmacht. This book offers a fascinating account of how the company negotiated the conflicting demands of the French, German and American authorities to thrive during the war. It sheds important new light on broader issues such as the wartime relationship between private enterprise and state authority; Nazi Germany's economic policies and the nature of the German occupation of France, collaboration and resistance in Vichy France, and the role of American companies in Occupied Europe.
World War, 1939-1945 --- Automobile industry and trade --- Automotive industry --- Motor vehicle industry --- Economic aspects. --- History --- Finance --- Ford SAF --- History. --- France --- Economic aspects --- E-books --- Ford SAF (1940-1954) --- Ford Société Anonyme Française (1940-1954) --- Ford S.A.F. (1940-1954) --- Matford SA
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