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CATEGORIES:Financial History Seminar
SUMMARY:Saving the City: The Great Financial Crisis of 191
 4 - Professor Richard Roberts - Director\, Centre 
 for Contemporary British History at Kings College\
 , London 
DTSTART;TZID=Europe/London:20140120T170000
DTEND;TZID=Europe/London:20140120T183000
UID:TALK50072AThttp://talks.cam.ac.uk
URL:http://talks.cam.ac.uk/talk/index/50072
DESCRIPTION:In London\, the world’s foremost financial centre\
 , the week before the outbreak of the First World 
 War saw the breakdown of the markets\, culminating
  with the closure for the first time ever of the L
 ondon Stock Exchange on Friday 31 July. Outside th
 e Bank of England a long anxious queue waited to c
 hange bank notes for gold sovereigns. Bankers beli
 eved that a run on the banks was underway\, threat
 ening the collapse of the banking system – all wit
 h the nation on the eve of war.\n\nProfessor Richa
 rd Roberts tells the extraordinary\, and largely u
 nknown\, story of this acute financial crisis that
  surged over London and around the globe. Drawing 
 on diaries\, letters\, and memoirs of participants
  and a wide range of press coverage\, as well as g
 overnment and bank archives\, he presents a lively
  and colourful account of a remarkable episode in 
 financial and social history\, outlining the drama
  of the collapse and the measures taken to contain
  it. This crucial and compelling ‘missing piece’ i
 n the world’s financial development was the first 
 true global financial crisis\, and proved a landma
 rk in the management of financial crises.
LOCATION:Lucia Windsor Room\, Newnham College
CONTACT:Dr Duncan Needham
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