Chicago, San Francisco, Los Angeles: The S.J. Clarke Publishing Co., 1927. First Edition. Hardcover. Four volumes (complete), quarto size, 1989 pp. Near Fine. Item #18092401
A comprehensive overview as of 1927 of not only the banks in California, but the development of the monetary system of the state from its earliest beginnings, explaining why paper money was not in use in the initial decades, through the devastating earthquake of 1906 on the banking system and even the effects of WWI. The first two volumes focus on the history of the growing economy, by decade - chapters such as "Before the Argonauts Came", "The First State Constitution", "The Uncertain Fifties", "The Prosperous Sixties", etc. Volume III reviews the banks in San Francisco, giving details of their holdings, structure, and biographies of the major officers of each bank, and Volume IV reviews banks in the other counties of the state. This set will be of interest not just to the student of banking or finance, but anyone interested in the growth of California which was practically a fishing village before the discovery of huge gold and silver deposits, and within the matter of a few decades was one of the country's leading state economies.
Ira B. Cross (1880-1977) received his Bachelor and Master degrees from the University of Wisconsin, and while there became a member of the Socialist Party, even serving as the Secretary of their National Convention in 1904. He studied at Stanford for his Doctorate, graduating in 1909 after which he remained at Stanford as a professor. Despite his political leanings, in 1914 he was asked by the UC President to accept a position within the Department of Economics at UC Berkeley, where he remained until 1951. It was while he was at Cal that he wrote this and other books on economics and banking, which remain highly regarded today.
___DESCRIPTION: Leather with highly decorative, embossed covers depicting a bank in white relief, an eagle beneath, the title on copper-colored insets, with oak leaf clusters in the corners. The spine has copper-colored insets surrounding the lettering with "Illustrated" at the tail of the spine, the back boards are plain. Top edges gilt, green marbled endpapers, Volume I has a tissue-guarded steel-engraved frontispiece of the author, there are nine other tissue-guarded steel-engravings scattered through Volumes III and IV, besides numerous black and white vintage photographs of people, banks, streets, even the earliest paper money printed in San Francisco. Quarto size (10 5/8" by 7.5"). Pagination: Volumes I and II are numbered sequentially, totaling 1,010 pages; Volume III is 531 pages and Volume IV is 448 pages.
___CONDITION: Overall near fine, each volume with clean binding, the embossed covers unrubbed, each has a strong, square text block and solid hinges, the corners are gently bumped but without rubbing, there is only minimal edgeware, and there are no prior owner markings; a hint of dampstain to the recto of the frontis in Volume I, the top fore-edge corners in Volume I slightly creased, some minor overall toning to the set, a few chips to the pastedown endpapers to the set, and some offsetting from the steel engravings; although some minor faults throughout the set, overall near fine.
___CITATION: Cowan, Volume IV, 122.
___POSTAGE: Please note that this is an extremely large and heavy set, and additional postage will apply; we are happy to ship at cost to both domestic and international customers, please inquire for details.
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