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Comment on Paper by Sylla

Published online by Cambridge University Press:  11 May 2010

Lance E. Davis
Affiliation:
California Institute of Technology
Thomas C. Cochran
Affiliation:
University of Pennsylvania

Abstract

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Type
Papers Presented at the Thirty-Fifth Annual Meeting of the Economic History Association
Copyright
Copyright © The Economic History Association 1976

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References

1 See Arrington, L., The Great Basin Kingdom: Economic History of the Latter Day Saints (Lincoln, Nebraska, 1966), pp. 1314.Google Scholar

2 The usefulness of the latter evidence is slightly tempered by some temporal distortion, and the strength of the conclusion rests in large measure on the experience of only three states. The number of “banks incorporated in all years before year of restraining act” should be adjusted for interstate differences in the time period covered (perhaps by reporting the rate of formation). Of the ninety-four banks chartered in the two years after the passage, sixty-eight come from New York, Ohio, and Pennsylvania, aha forty-one from the last named alone.