WALTON/ROCKOFF,  Chapter 16 (pp. 307-15)

1.  Describe the expansion of the railroads in the late 19th century.

2.  Summarize the debate over whether the railroads were built ahead of demand.

3.  What were the main sources of capital for the railroads. 

4.  Describe the fraudulent practices of some railroad companies.

WALTON/ROCKOFF,  Chapter 19 (pp. 369-74 and 387-87)

1.  What were the main components of the US money supply from 1860‑1900?

2.  What was the rate of growth of the money supply from 1865‑97?   from 1897‑1914?

3.  Describe the banking system of the late 19th century.  What were  the differences between national banks and state banks.  What was relative significance of each?

4.  Describe the rise of investment banks during this period.  What were the differences between investment banks and commercial banks?

5.  Describe the banking crises during this period.

6.  How was the establishment of the Federal Reserve System in 1913 designed to eliminate these banking crises?

MOSELEY

1. Describe the depression of the 1870s.

2. What were the main causes of the collapse of the railroad boom?

3. What were the main causes of the banking crisis?

4. What were the main causes of the depression in manufacturing?

5. What were the effects of this depression on farmers? on workers?