Financial History Issue 133 (Spring 2020) | Page 4

Financial
history
The magazine of the
Museum of American Finance
in association with
the Smithsonian Institution
Issue 133 • Spring 2020
(ISSN 1520-4723)
Kristin Aguilera
IN THIS ISSUE
FEATURES
10 Coronavirus and Economic Nationalism
Will coronavirus and economic nationalism
reverse two centuries of globalization?
  By Simon Constable
Editor
EDITORIAL ADVISORY BOARD
Howard A. Baker, Esq.
Howard Baker Associates
Lawrence A. Cunningham
The George Washington University
Brian Grinder
Eastern Washington University
15 Dirty Water
In 1799, Aaron Burr founded The Manhattan Company to provide fresh
water to New York City amidst a widespread yellow fever epidemic.
That company has since evolved into America’s largest bank.
  By Maura Ferguson and Sarah Poole
Gregory DL Morris
Freelance Journalist
Susie Pak
St. John’s University
Arthur W. Samansky
The Samansky Group
Myles Thompson
Columbia Business School Publishing
Janice Traflet
20 Pandemics and Epidemics
The financial and economic effects of
more than two centuries of pandemics.
  By Richard Sylla, Janice Traflet
and Robert E. Wright
Bucknell University
Robert E. Wright
Augustana University
Jason Zweig
The Wall Street Journal
25 Roger F. Murray
The bridge between Benjamin Graham and modern value investing.
  By James R. Kelly
ART DIRECTION
Alan Barnett Design
MUSEUM STAFF
David J. Cowen, President/CEO
Kristin Aguilera, Deputy Director
Maura Ferguson, Director of Exhibits
Sarah Poole, Collections Manager
Linda Rapacki, Managing Director
of Visitor Services and Operations
Mindy Ross, Director, External Relations
Copyright © 2020 by the
Museum of American Finance, publisher,
25 Broadway, 5th Floor, New York, NY 10004.
Telephone: [phone]. All rights reserved.
Financial History is the official membership
magazine of the Museum of American Finance.
28 The Importance of Oil in World War II
It may be an overstatement to assert that World War II was all about oil.
But the historical record suggests that concerns about supplying oil to
mobile military forces on land, on the sea and in the air weighed heavy
on the minds of senior leaders of the war’s major combatants.
  By Michael A. Martorelli
32 Centennial of Southwestern
Oil & Gas Recalls Epic Bank Failures
Roughnecks of the Permian Basin have ridden many boom and bust cycles.
Some regional banks, that should have known better, have succumbed.
  By Gregory DL Morris
36 Where Are They Now?
The Museum’s series on 207 of the underwriters of the 1956
Ford IPO continues with the history of E.F. Hutton & Co.
(founded in New York in 1904).
  By Susie J. Pak
2    FINANCIAL HISTORY  |  Spring 2020  | www.MoAF.org