top_1_963_35.JPG
top_2_1.jpg top_2_2.jpg
 
 
  HOME   PUBLISH   DONATE   ABOUT   CONTACT   HELP   SEARCH  
 
   
The Money Machines
The Breakdown and Reform of Governmental and Party Finance in the North, 1860-1920
The Money Machines
Click on image to enlarge

Clifton K. Yearley - Author
Price: $48.50 
Hardcover - 377 pages
Release Date: June 1970
ISBN10: 0-87395-072-0
ISBN13: 978-0-87395-072-5

Quantity:  
Price: $28.95 
Paperback - 377 pages
Release Date: June 1970
ISBN10: 0-87395-221-9
ISBN13: 978-0-87395-221-7

Quantity:  
Subject to availability
Billed when shipped
Available as a Google eBook
for other eReaders and tablet devices.
Click icon below...


Summary

The Money Machines advances the provocative thesis that the mechanisms for financing state and local government in the Northern United States from 1860 to 1920 were deeply enmeshed with those financing the extralegal--often illegal--activities of the major political parties, complicating reform or change mandated by the post-Civil War breakdown of the North's legal fiscal machinery.

Few reformers then recognized the interdependence of government and the party money machines; fewer still acknowledged the effectiveness or social value of the extralegal machines. On the contrary, basic fiscal reform in this period was characterized by attempts to exorcise "politics" in any form, which in turn provoked counteraction from politicians whose organizations had the same need for efficient, reliable revenue systems as did governments.

Dr. Yearley demonstrates the failure of the established legal money machines to cope with the demands of postwar governments facing industrialization and urbanization. He characterizes the revolt of old and new middle classes against fiscal inequity and inefficiency and shows how much of the North's new wealth escaped taxation altogether while much of its old wealth similarly went into hiding. Because of its forbidding complexities, tax reform was sustained by a small group of experts from the middle class, whose sincerity and competence were unquestionable, but whose reformism evidenced the peculiar views and prejudices of their class.

Here, therefore, the graft-grabbing politician is presented in a fresh light. In his efforts to maintain his sources of revenue and power, he emerges as a vital instrument of mass democracy, of the new politics of the ever-growing urban lower classes as well as their principal source of government welfare or support.

The author reevaluates the Gilded Age politician in several important ways, principally regarding his power relationship to the business communities and his ability to perform his job well despite middle class disdain and continual allegations of fraud and incompetence. Further, Dr. Yearley shows that often politicians were ahead of reformers in their fiscal thinking in recognizing and utilizing taxation of income rather than of property.

The volume considers in some depth several individual reformers, revealing them to be, among other things, prototypes of present academic experts used by government to manage problems too complex for laymen. The book then proceeds to explain essential changes made in local fiscal systems and which of these were to be the most effective, explanations that are of particular interest in view of the continuing crises in state and local financing today.

Clifton K. Yearley is Professor of History and Director of Graduate Studies in History at State University of New York at Buffalo. His principal fields are American political economy and comparative urban history. He has taught previously at the Johns Hopkins University, the University of Delaware, the University of Florida, the University of Rome, and the University of Bologna.

Professor Yearley has authored three books, a monograph, and more than thirty articles in national magazines and scholarly journals. He has received numerous fellowships and grants, including a Fulbright lectureship in Italy during 1963-64 and a John Simon Guggenheim Fellowship for 1970-71.


Bookmark and Share

Table of Contents

Acknowledgments

Introduction

Part I
Breakdown


1. The Menace of the New Democracy

2. The Escape of the "New" and the Old Wealth

3. Inequity and Inequality

4. The Cult of Efficiency and Party Finance

5. The Dominance of the Politician

Part II
Renovation and Reform


6. Obstacles to Reform

7. The Experts and the Instruments of Reform

8. The Main Lines of Reform

9. The Breakthrough

10. The Nature of the Achievement and the Anomaly of Party Finance

Notes

Selected Bibliography

Index


Related Subjects
22804/24126(//)

Related Titles

Restructuring Development Theories and Policies
Restructuring Development Theories and Policies
Aging and Political Leadership
Aging and Political Leadership
Performing Marx
Performing Marx
Social Construction and the Logic of Money
Social Construction and the Logic of Money
States, Firms, and Power
States, Firms, and Power
Toward a Credible Pacifism
Toward a Credible Pacifism
Race, Ethnicity, and the Politics of City Redistricting
Race, Ethnicity, and the Politics of City Redistricting
The Problem of Trieste and the Italo-Yugoslav Border
The Problem of Trieste and the Italo-Yugoslav Border
The Emergence of Industrial America
The Emergence of Industrial America
Russia Against Japan, 1904-1905
Russia Against Japan, 1904-1905



 
bottom_1_963_35.jpg