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From the end of the nineteenth century until the onset of the Great Depression, Wall Street embarked on a stunning, unprecedented, and often bloody period of international expansion in the Caribbean. A host of financial entities sought to control banking, trade, and finance in the region. In the process, they not only trampled local sovereignty, grappled with domestic banking regulation, and backed US imperialism—but they also set the model for bad behavior by banks, visible still today. In Bankers and Empire, Peter James Hudson tells the provocative story of this period, taking a close look at both the institutions and individuals who defined this era of American capitalism in the West Indies. Whether in Wall Street minstrel shows or in dubious practices across the Caribbean, the behavior of the banks was deeply conditioned by bankers’ racial views and prejudices. Drawing deeply on a broad range of sources, Hudson reveals that the banks’ experimental practices and projects in the Caribbean often led to embarrassing failure, and, eventually, literal erasure from the archives.

Binga is the definitive full-length biography of Jesse Binga, the first black banker in Chicago. Born into a large family in Detroit, Binga arrived in Chicago in 1892 in his late twenties with virtually nothing. Through his wits and resourcefulness, he rose to wealth and influence as a real estate broker, and in 1908 he founded the Binga Bank, the first black-owned bank in the city. But his achievements were followed by an equally notable downfall. Binga recounts this gripping story about race, history, politics, and finance.

The Black Belt, where Binga’s bank was located, was a segregated neighborhood on Chicago’s South Side—a burgeoning city within a city—and its growth can be traced through the arc of Binga’s career. He preached and embodied an American gospel of self-help and accrued wealth while expanding housing options and business opportunities for blacks. Devout Roman Catholics, he and his wife Eudora supported church activities and various cultural and artistic organizations; their annual Christmas party was the Black Belt’s social event of the year. But Binga’s success came at the price of a vicious backlash. After he moved his family into a white neighborhood in 1917, their house was bombed multiple times, his offices were attacked twice, and he became a lightning rod for the worst race riots in Chicago history, which took place in 1919. Binga persevered, but, starting with the stock market crash of October 1929, a string of reversals cost him his bank, his property, and his fortune.

A quintessentially Chicago story, Binga tells the history of racial change in one of the most segregated cities in America and how an extraordinary man stood as a symbol of hope in a community isolated by racial animosity.

Charles Gates Dawes: A Life is the first comprehensive biography of an American in whose fascinating story contemporary readers can follow the struggles and triumphs of early twentieth-century America and Europe.

Dawes is most known today as vice president of the United States under Calvin Coolidge, but he also distinguished himself and his hometown of Evanston, Illinois, on the world stage with the 1925 Nobel Peace Prize. This engrossing biography traces how, when the punitive armistice that ended the First World War resulted in a disabled, restive Germany, Dawes’s diplomatic legerdemain averted war through a renegotiation of Germany’s debt repayments.

Dawes’s diplomatic and political achievements, however, were only the illustrious capstones to a multifaceted career that included military service, law, finance, and business on the local, state, national, and global stages. In every arena of his life, he combined the social graces of the Gilded Age with the spirit of service of the Progressive Era.

Despite his life of disciplined service, Dawes was an ebullient and irrepressible figure. Dawes’s salty language was often colorful fodder for tabloid and magazine writers of his era. In this captivating biography, Annette B. Dunlap recounts the story of an original American who enlightened and enlivened his world.

This book was published in cooperation with the Evanston History Center and with generous support from the Tawani Foundation.
 

Bill Bowen’s memoir deals with many of the most important events and years in Arkansas history in the twentieth century. Bowen was born and raised in Altheimer, in the Arkansas Delta, a section of the country that was among the most impoverished in the nation during the Depression. His adolescence was shaped by the Depression, and as a young adult he enlisted in the U.S. Navy during World War II, and served in the U.S. Naval Reserve until 1963. After the war, Bowen became a tax attorney. He used his unique skills to refine the legal aspects of investment banking in Arkansas and became so proficient at it that he moved into the banking field to serve first as president then board chairman of one of Arkansas’s largest banks. Legal and banking experience led naturally to politics, and he became chief of staff for Gov. Bill Clinton. After Clinton announced his candidacy for president, it became Bowen’s task to protect the interests and programs of Governor Clinton in the face of intense pressure from then Lt. Gov. Jim Guy Tucker to become de facto governor. Even in retirement he continued to lead an energetic, productive life as he prepared himself for yet another career, this one in education, serving two years as dean of the University of Arkansas, Little Rock, Law School, which now bears his name.