This book examines the strategies and operations of the two main banking houses, Hope & Co. of Amsterdam and Francis Baring & Co. of London, involved in financing the cession of this territory from France to the United States. This book advances the scholarship not just on the Louisiana Cession, but also on international finance, the financial "sinews" of state power, Great Power diplomacy, the Atlantic Revolutions, and the Napoleonic Wars. It will be of interest to researchers and advanced students in all of these fields, at the intersection of history, politics, and economics.
Mark Edward Hay is an Assistant Professor at the Erasmus University Rotterdam, the Netherlands. His research explores the European financial economy in the Age of Revolutions, 1780-1830, with a particular focus on the evolution of Amsterdam credit networks and the market for international government lending, and how Amsterdam merchant-banking houses navigated the troubled times. His current research project examines Napoleonic war financing.
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