Banking In Oklahoma Before Statehood

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Banking in Oklahoma Before Statehood

Author : Michael J. Hightower
Publisher : University of Oklahoma Press
ISBN 13 : 0806150289
Total Pages : 370 pages
Book Rating : 4.8/5 (61 download)

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Book Synopsis Banking in Oklahoma Before Statehood by : Michael J. Hightower

Download or read book Banking in Oklahoma Before Statehood written by Michael J. Hightower and published by University of Oklahoma Press. This book was released on 2013-10-10 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: This lively book takes Oklahoma history into the world of Wild West capitalism. It begins with a useful survey of banking from the early days of the American republic until commercial patterns coalesced in the East. It then follows the course of American expansion westward, tracing the evolution of commerce and banking in Oklahoma from their genesis to the eve of statehood in 1907. Banking in Oklahoma before Statehood is not just a story of men sitting behind desks. Author Michael J. Hightower describes the riverboat trade in the Arkansas and Red River valleys and freighting on the Santa Fe Trail. Shortages of both currency and credit posed major impediments to regional commerce until storekeepers solved these problems by moving beyond barter to open ad hoc establishments known as merchant banks. Banking went through a wild adolescence during the territorial period. The era saw robberies and insider shenanigans, rivalries between banks with territorial and national charters, speculation in land and natural resources, and land fraud in the Indian Territory. But as banking matured, the better-capitalized institutions became the nucleus of commercial culture in the Oklahoma and Indian Territories. To tell this story, the author blends documentary historical research in both public and corporate archives with his own interviews and those that WPA field-workers conducted with old-timers during the New Deal. Bankers were never far from the action during the territorial period, and the institutions they built were both cause and effect of Oklahoma’s inclusion in national networks of banking and commerce. The no-holds-barred brand of capitalism that breathed life into the Oklahoma frontier has remained alive and well since the days of the fur traders. As one knowledgable observer said in the 1980s, “You’ve always had the gambling spirit in Oklahoma.”

Banking in Oklahoma Before Statehood

Author : Michael J. Hightower
Publisher :
ISBN 13 : 9780806194189
Total Pages : 0 pages
Book Rating : 4.1/5 (941 download)

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Book Synopsis Banking in Oklahoma Before Statehood by : Michael J. Hightower

Download or read book Banking in Oklahoma Before Statehood written by Michael J. Hightower and published by . This book was released on 2024-02-26 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This lively book takes Oklahoma history into the world of Wild West capitalism. It begins with a useful survey of banking from the early days of the American republic until commercial patterns coalesced in the East. It then follows the course of American expansion westward, tracing the evolution of commerce and banking in Oklahoma from their genesis to the eve of statehood in 1907.

Banking in Oklahoma, 1907–2000

Author : Michael J. Hightower
Publisher : University of Oklahoma Press
ISBN 13 : 0806148322
Total Pages : 501 pages
Book Rating : 4.8/5 (61 download)

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Book Synopsis Banking in Oklahoma, 1907–2000 by : Michael J. Hightower

Download or read book Banking in Oklahoma, 1907–2000 written by Michael J. Hightower and published by University of Oklahoma Press. This book was released on 2014-09-10 with total page 501 pages. Available in PDF, EPUB and Kindle. Book excerpt: The story of banking in twentieth-century Oklahoma is also the story of the Sooner State’s first hundred years, as Michael J. Hightower’s new book demonstrates. Oklahoma statehood coincided with the Panic of 1907, and both events signaled seismic shifts in state banking practices. Much as Oklahoma banks shed their frontier persona to become more tightly integrated in the national economy, so too was decentralized banking revealed as an anachronism, utterly unsuited to an increasingly global economy. With creation of the Federal Reserve System in 1913 and subsequent choice of Oklahoma City as the location for a branch bank, frontier banking began yielding to systems commensurate with the needs of the new century. Through meticulous research and personal interviews with bankers statewide, Hightower has crafted a compelling narrative of Oklahoma banking in the twentieth century. One of the first acts of the new state legislature was to guarantee that depositors in state-chartered banks would never lose a penny. Meanwhile, land and oil speculators and the bankers who funded their dreams were elevating get-rich-quick (and often get-poor-quick) schemes to an art form. In defense of country banks, the Oklahoma Bankers Association dispatched armed vigilantes to stop robbers in their tracks. Subsequent developments in Oklahoma banking include adaptation to regulations spawned by the Great Depression, the post–World War II boom, the 1980s depression in the oil patch, and changes fostered by rapid-fire advances in technology and communication. The demise of Penn Square Bank offers one of history’s few unambiguous lessons, and it warrants two chapters—one on the rise, and one on the fall. Increasing regulation of the banking industry, the survival of family banks, and the resilience of community banking are consistent themes in a state that is only a few generations removed from the frontier.

Banking in Oklahoma Before Statehood

Author : Michael J. Hightower
Publisher : University of Oklahoma Press
ISBN 13 : 0806150262
Total Pages : 417 pages
Book Rating : 4.8/5 (61 download)

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Book Synopsis Banking in Oklahoma Before Statehood by : Michael J. Hightower

Download or read book Banking in Oklahoma Before Statehood written by Michael J. Hightower and published by University of Oklahoma Press. This book was released on 2013-10-10 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: This lively book takes Oklahoma history into the world of Wild West capitalism. It begins with a useful survey of banking from the early days of the American republic until commercial patterns coalesced in the East. It then follows the course of American expansion westward, tracing the evolution of commerce and banking in Oklahoma from their genesis to the eve of statehood in 1907. Banking in Oklahoma before Statehood is not just a story of men sitting behind desks. Author Michael J. Hightower describes the riverboat trade in the Arkansas and Red River valleys and freighting on the Santa Fe Trail. Shortages of both currency and credit posed major impediments to regional commerce until storekeepers solved these problems by moving beyond barter to open ad hoc establishments known as merchant banks. Banking went through a wild adolescence during the territorial period. The era saw robberies and insider shenanigans, rivalries between banks with territorial and national charters, speculation in land and natural resources, and land fraud in the Indian Territory. But as banking matured, the better-capitalized institutions became the nucleus of commercial culture in the Oklahoma and Indian Territories. To tell this story, the author blends documentary historical research in both public and corporate archives with his own interviews and those that WPA field-workers conducted with old-timers during the New Deal. Bankers were never far from the action during the territorial period, and the institutions they built were both cause and effect of Oklahoma’s inclusion in national networks of banking and commerce. The no-holds-barred brand of capitalism that breathed life into the Oklahoma frontier has remained alive and well since the days of the fur traders. As one knowledgable observer said in the 1980s, “You’ve always had the gambling spirit in Oklahoma.”

Loyal to Oklahoma

Author : Michael J. Hightower
Publisher :
ISBN 13 : 9780984705627
Total Pages : 188 pages
Book Rating : 4.7/5 (56 download)

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Book Synopsis Loyal to Oklahoma by : Michael J. Hightower

Download or read book Loyal to Oklahoma written by Michael J. Hightower and published by . This book was released on 2015-08-01 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: H. E. "Gene" Rainbolt and his son, David, created the BancFirst Corporation during the energy bust of the 1980s, when bank failures set the tone for a decade that Oklahoma bankers would just as soon forget. Where others saw only problems, the Rainbolts perceived opportunities. Combining their disparate, yet complementary skills, father and son committed themselves to building Oklahoma, one community at a time.To capture the BancFirst story in all its richness and complexity, author Michael J. Hightower interviewed the company's primary stakeholders and conducted research in corporate, library, and personal collections. Highlights in BancFirst's colorful history include Gene Rainbolt's unique strategy of assembling banking interests and managing them through Thunderbird Financial Corporation; the energy bust of the 1980s, heralded by the catastrophic failure of Penn Square Bank in July 1982; and David Rainbolt's success in developing policies and strategic plans to complement his father's entrepreneurial energy.While most bankers were running for cover in the 1980s, the Rainbolts lobbied successfully for the repeal of unit banking so that strong banks could assume the assets of weaker ones. After the state legislature fell in step with the national trend to permit branch banking and multibank holding companies, the Rainbolts folded their disparate interests into United Community Corporation in 1985 and, four years later, the BancFirst Corporation.At the heart of BancFirst's business model is decentralization of authority that emphasizes the autonomy of member banks. Branch presidents have the authority to manage their banks as they see fit, even as they can offer customers the products and services of a large institution. By 2015, what David Rainbolt characterizes as "a super community bank" reported $6.5 billion in total resources and included dozens of banks throughout the state. Above all, BancFirst has remained loyal to Oklahoma.

Banking in Oklahoma, 1907–2000

Author : Michael J. Hightower
Publisher : University of Oklahoma Press
ISBN 13 : 0806148314
Total Pages : 504 pages
Book Rating : 4.8/5 (61 download)

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Book Synopsis Banking in Oklahoma, 1907–2000 by : Michael J. Hightower

Download or read book Banking in Oklahoma, 1907–2000 written by Michael J. Hightower and published by University of Oklahoma Press. This book was released on 2014-09-10 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: The story of banking in twentieth-century Oklahoma is also the story of the Sooner State’s first hundred years, as Michael J. Hightower’s new book demonstrates. Oklahoma statehood coincided with the Panic of 1907, and both events signaled seismic shifts in state banking practices. Much as Oklahoma banks shed their frontier persona to become more tightly integrated in the national economy, so too was decentralized banking revealed as an anachronism, utterly unsuited to an increasingly global economy. With creation of the Federal Reserve System in 1913 and subsequent choice of Oklahoma City as the location for a branch bank, frontier banking began yielding to systems commensurate with the needs of the new century. Through meticulous research and personal interviews with bankers statewide, Hightower has crafted a compelling narrative of Oklahoma banking in the twentieth century. One of the first acts of the new state legislature was to guarantee that depositors in state-chartered banks would never lose a penny. Meanwhile, land and oil speculators and the bankers who funded their dreams were elevating get-rich-quick (and often get-poor-quick) schemes to an art form. In defense of country banks, the Oklahoma Bankers Association dispatched armed vigilantes to stop robbers in their tracks. Subsequent developments in Oklahoma banking include adaptation to regulations spawned by the Great Depression, the post–World War II boom, the 1980s depression in the oil patch, and changes fostered by rapid-fire advances in technology and communication. The demise of Penn Square Bank offers one of history’s few unambiguous lessons, and it warrants two chapters—one on the rise, and one on the fall. Increasing regulation of the banking industry, the survival of family banks, and the resilience of community banking are consistent themes in a state that is only a few generations removed from the frontier.

1889

Author : Michael J. Hightower
Publisher : University of Oklahoma Press
ISBN 13 : 0806162341
Total Pages : 345 pages
Book Rating : 4.8/5 (61 download)

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Book Synopsis 1889 by : Michael J. Hightower

Download or read book 1889 written by Michael J. Hightower and published by University of Oklahoma Press. This book was released on 2018-09-20 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: After immigrants flooded into central Oklahoma during the land rush of 1889 and the future capital of Oklahoma City sprang up “within a fortnight,” the city’s residents adopted the slogan “born grown” to describe their new home. But the territory’s creation was never so simple or straightforward. The real story, steeped in the politics of the Gilded Age, unfolds in 1889, Michael J. Hightower’s revealing look at a moment in history that, in all its turmoil and complexity, transcends the myth. Hightower frames his story within the larger history of Old Oklahoma, beginning in Indian Territory, where displaced tribes and freedmen, wealthy cattlemen, and prospective homesteaders became embroiled in disputes over public land and federal government policies. Against this fraught background, 1889 travels back and forth between Washington, D.C., and the Oklahoma frontier to describe the politics of settlement, public land use, and the first stirrings of urban development. Drawing on eyewitness accounts, Hightower captures the drama of the Boomer incursions and the Run of ’89, as well as the nascent urbanization of the townsite that would become Oklahoma City. All of these events played out in a political vacuum until Congress officially created Oklahoma Territory in the Organic Act of May 1890. The story of central Oklahoma is profoundly American, showing the region to have been a crucible for melding competing national interests and visions of the future. Boomers, businessmen, cattlemen, soldiers, politicians, pundits, and African and Native Americans squared off—sometimes peacefully, often not—in disagreements over public lands that would resonate in western history long after 1889.

The Guaranty of Bank Deposits

Author : Thomas Bruce Robb
Publisher :
ISBN 13 :
Total Pages : 250 pages
Book Rating : 4.A/5 ( download)

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Book Synopsis The Guaranty of Bank Deposits by : Thomas Bruce Robb

Download or read book The Guaranty of Bank Deposits written by Thomas Bruce Robb and published by . This book was released on 1921 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Progressive Oklahoma

Author : Danney Goble
Publisher : University of Oklahoma Press
ISBN 13 : 080615375X
Total Pages : 289 pages
Book Rating : 4.8/5 (61 download)

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Book Synopsis Progressive Oklahoma by : Danney Goble

Download or read book Progressive Oklahoma written by Danney Goble and published by University of Oklahoma Press. This book was released on 2015-07 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Progressive Oklahoma traces Oklahoma’s rapid evolution from pioneer territory to statehood under a model Progressive constitution. Author Danney Goble reasons that the Progressive movement grew as a reaction to an exaggerated species of Gilded Age social values—the notion that an expanding marketplace and unfettered individualism would properly regulate progress. Near the end of the territorial era, that notion was challenged: commercial farmers and trade unionists saw a need to control the market through collective effort, and the sudden appearance of new corporate powers convinced many that the invisible hand of the marketplace had become palsied. After years of territorial setbacks, Oklahoma Democrats readily embraced the Progressive agenda and swept the 1906 constitutional convention elections. They went on to produce for their state a constitution that incorporated such landmark Progressive features as the initiative and referendum, strict corporate regulation, sweeping tax reform, a battery of social justice measures, and provisions for state-owned enterprises. Goble is keenly aware that the Oklahoma experience was closely related to broader changes that shaped the nation at the turn of the century. Progressive Oklahoma examines the elemental changes that transformed Indian Territory into a new kind of state, and its inhabitants into Oklahomans—and modern Americans.

At War with Corruption

Author : Michael J. Hightower
Publisher : University of Oklahoma Press
ISBN 13 : 0984705643
Total Pages : 489 pages
Book Rating : 4.9/5 (847 download)

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Book Synopsis At War with Corruption by : Michael J. Hightower

Download or read book At War with Corruption written by Michael J. Hightower and published by University of Oklahoma Press. This book was released on 2021-07-13 with total page 489 pages. Available in PDF, EPUB and Kindle. Book excerpt: At War with Corruption began as a biography of Bill Price, the U.S. attorney and Republican candidate for high office who spearheaded prosecutions in the most pervasive public corruption spectacle in American history: the Oklahoma county commissioner scandal. Price’s determination to root out the rascals and restore faith in governance branded him as the biggest corruption buster in the state’s history. Price’s career in law and politics serves as a portal into corruption in Oklahoma. Episodes in that narrative include land swindles (soonerism) at the dawn of Oklahoma history; theft of Native Americans’ property and steamrolling of their cultures that reached a nadir in the Osage murders; the Supreme Court scandal of 1964–65; Leo Winters’ alleged misuse of state taxes (what was the treasurer doing with the people’s money?); Governor David Hall’s trial and conviction on charges of extortion; prosecutions of drug syndicates, Penn Square Bank insiders, and Oklahoma Corporation Commissioners on the take; and the systemic bribery in county governance that inspired this book. Price shatters the myth that Oklahomans have been uniquely tolerant of, and susceptible to, corruption. He blames structural flaws and inadequate legislation for tempting law-abiding citizens to heed the call of their darker angels. Although Price failed in his gubernatorial and congressional campaigns, he has influenced policy through philanthropies that set a high bar for civic engagement. At War with Corruption reveals the sinister side of human nature. Yet its intention is not to depress, but rather to uplift and to show what is possible when public servants work together to frame effective laws and promote justice.

Compiled Statutes of Oklahoma, 1921

Author : Oklahoma
Publisher :
ISBN 13 :
Total Pages : 1624 pages
Book Rating : 4.3/5 (511 download)

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Book Synopsis Compiled Statutes of Oklahoma, 1921 by : Oklahoma

Download or read book Compiled Statutes of Oklahoma, 1921 written by Oklahoma and published by . This book was released on 1922 with total page 1624 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A History of the State of Oklahoma

Author : Luther B. Hill
Publisher :
ISBN 13 :
Total Pages : 522 pages
Book Rating : 4.:/5 (334 download)

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Book Synopsis A History of the State of Oklahoma by : Luther B. Hill

Download or read book A History of the State of Oklahoma written by Luther B. Hill and published by . This book was released on 1910 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt:

2013

Author : Massimo Mastrogregori
Publisher : Walter de Gruyter GmbH & Co KG
ISBN 13 : 3110530678
Total Pages : 436 pages
Book Rating : 4.1/5 (15 download)

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Book Synopsis 2013 by : Massimo Mastrogregori

Download or read book 2013 written by Massimo Mastrogregori and published by Walter de Gruyter GmbH & Co KG. This book was released on 2017-11-20 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every year, the Bibliography catalogues the most important new publications, historiographical monographs, and journal articles throughout the world, extending from prehistory and ancient history to the most recent contemporary historical studies. Within the systematic classification according to epoch, region, and historical discipline, works are also listed according to author’s name and characteristic keywords in their title.

Crossroads of Change

Author : Cori Knudten
Publisher : University of Oklahoma Press
ISBN 13 : 0806167777
Total Pages : 221 pages
Book Rating : 4.8/5 (61 download)

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Book Synopsis Crossroads of Change by : Cori Knudten

Download or read book Crossroads of Change written by Cori Knudten and published by University of Oklahoma Press. This book was released on 2020-07-02 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: Encompassing nearly seven thousand acres amid the woodlands of the Sangre de Cristo Mountains in northern New Mexico, the land that is now Pecos National Historical Park has witnessed thousands of years of cultural history stretching back to the Native peoples who long ago inhabited the pueblos of Pecos, then known as Cicuye. Once a trading center where Pueblo Indians, Spanish soldiers and settlers, and Plains Indians encountered one another, not always peacefully, Pecos was a stop on the Santa Fe Trail in the early 1800s and, later, on the first railroad in New Mexico. It was the site of a critical Civil War battle and in the twentieth century became a tourist destination. This book tells the story of how, over five centuries, cultures and peoples converged at Pecos and transformed its environment, ultimately shaping the landscape that greets park visitors today. Spanning the period from 1540, when Spaniards first arrived, into the twenty-first century, Crossroads of Change focuses on the history of the natural and historic resources Pecos National Historical Park now protects and interprets: the ruins of Pecos Pueblo and a Spanish mission church, a stage stop along the Santa Fe Trail, the Civil War battlefield of Glorieta Pass, a twentieth-century cattle ranch, and the national park itself. In an engaging style, authors Cori Knudten and Maren Bzdek detail the transformations of Pecos over time, often driven by the collision of different cultures, such as that between the Franciscan friars and Pecos Indians in the seventeenth century, and by the introduction of new animals, crops, and agricultural practices—but also by the natural forces of fire, drought, and erosion. Located on a natural trade route, Pecos has long served as a portal between different cultures and environments. Documenting this transformation over the ages, Crossroads of Change also, perhaps, shows us Pecos National Historical Park as a portal to the future.

The Story of Oklahoma

Author : W. David Baird
Publisher : University of Oklahoma Press
ISBN 13 : 9780806126500
Total Pages : 538 pages
Book Rating : 4.1/5 (265 download)

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Book Synopsis The Story of Oklahoma by : W. David Baird

Download or read book The Story of Oklahoma written by W. David Baird and published by University of Oklahoma Press. This book was released on 1994 with total page 538 pages. Available in PDF, EPUB and Kindle. Book excerpt: Describes the people and events that have shaped the state's history

An Oklahoma I Had Never Seen Before

Author : Davis D. Joyce
Publisher : University of Oklahoma Press
ISBN 13 : 9780806129457
Total Pages : 388 pages
Book Rating : 4.1/5 (294 download)

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Book Synopsis An Oklahoma I Had Never Seen Before by : Davis D. Joyce

Download or read book An Oklahoma I Had Never Seen Before written by Davis D. Joyce and published by University of Oklahoma Press. This book was released on 1998-01-01 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: Davis D. Joyce presents fourteen essays that interpret Oklahoma's unique populist past and address current political and social issues ranging from gender, race, and religion to popular music, the energy industry, and economics.

50 Events That Shaped American Indian History [2 volumes]

Author : Donna Martinez
Publisher : Bloomsbury Publishing USA
ISBN 13 : 1440835772
Total Pages : 885 pages
Book Rating : 4.4/5 (48 download)

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Book Synopsis 50 Events That Shaped American Indian History [2 volumes] by : Donna Martinez

Download or read book 50 Events That Shaped American Indian History [2 volumes] written by Donna Martinez and published by Bloomsbury Publishing USA. This book was released on 2016-12-05 with total page 885 pages. Available in PDF, EPUB and Kindle. Book excerpt: This powerful two-volume set provides an insider's perspective on American Indian experiences through engaging narrative entries about key historical events written by leading scholars in American Indian history as well as inspiring first-person accounts from American Indian peoples. This comprehensive, two-volume resource on American Indian history covers events from the time of ancient Indian civilizations in North America to recent happenings in American Indian life in the 21st century, providing readers with an understanding of not only what happened to shape the American Indian experience but also how these events—some of which occurred long ago—continue to affect people's lives today. The first section of the book focuses on history in the pre-European contact period, documenting the tens of thousands of years that American Indians have resided on the continent in ancient civilizations, in contrast with the very short history of a few hundred years following contact with Europeans—during which time tremendous changes to American Indian culture occurred. The event coverage continues chronologically, addressing the early Colonial period and beginning of trade with Europeans and the consequential destruction of native economies, to the period of Western expansion and Indian removal in the 1800s, to events of forced assimilation and later self-determination in the 20th century and beyond. Readers will appreciate how American Indians continue to live rich cultural, social, and religious lives thanks to the activism of communities, organizations, and individuals, and perceive how their inspiring collective story of self-determination and sovereignty is far from over.