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Treasury Finance during World War I

Kenneth D. Garbade

in Birth of a Market: The U.S. Treasury Securities Market from the Great War to the Great Depression

Published in print:
2012
Published Online:
August 2013
ISBN:
9780262016377
eISBN:
9780262298674
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262016377.003.0004
Subject:
Economics and Finance, Econometrics

This chapter provides an overview of Treasury finance during World War I. It begins with a brief chronology of the war, which is important because the course of the war drove everything else. It then ... More


Designing the Liberty Loans

Kenneth D. Garbade

in Birth of a Market: The U.S. Treasury Securities Market from the Great War to the Great Depression

Published in print:
2012
Published Online:
August 2013
ISBN:
9780262016377
eISBN:
9780262298674
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262016377.003.0005
Subject:
Economics and Finance, Econometrics

This chapter examines the five Liberty Loans which financed two-thirds of the cost of American participation in World War I. The contract terms for the five Liberty Loans exhibited a level of ... More


Coda on Treasury Debt Management during the 1920s

Kenneth D. Garbade

in Birth of a Market: The U.S. Treasury Securities Market from the Great War to the Great Depression

Published in print:
2012
Published Online:
August 2013
ISBN:
9780262016377
eISBN:
9780262298674
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262016377.003.0015
Subject:
Economics and Finance, Econometrics

This chapter briefly discusses three important developments in Treasury finance engineered by Treasury Secretary Mellon and his Under Secretaries, S. Parker Gilbert, Garrard Winston, and Ogden Mills, ... More


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