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Published online by Cambridge University Press: 03 February 2011
The object of this dissertation is to analyze the role of the banking system in the process of industrialization in Spain from 1829 to 1874. The reasons for taking these two dates as starting and closing points in my investigation will be evident as the exposition proceeds.
1 Hirschman, Albert O., The Strategy of Economic Development (New Haven: Yale University Press, 1965), p. 134, n. 2Google Scholar.
2 Anuario Estadístico de España, 1858.
3 Anuario Estadístico de España, 1862–1865. This last figure was slightly under those of previous years.
4 Unfortunately there is no satisfactory study of government expenditure in nineteenth-century Spain, but examination of official data totally supports this statement. Cf. Estadística de los presupuestos generates del Estado y de los resultados que ha ofrecido su liquidación, años 1850 a 1890–91 (Madrid: Imprenta de la Fábrica Nacional del Timbre, 1891), pp. 80–1 and passimGoogle Scholar.
5 Data gathered at the Archivo Histórico Nacional, Madrid.
6 Point 3 is developed in my article “El principio de responsabilidad limitada yel desarrollo industrial de Espafia, 1829–1869,” Moneda y Crédito (Madrid, 03 1968)Google Scholar.
7 The railroad connections of these three French companies have already been clearly established in Cameron, Rondo E., France and the Economic Development of Europe (Princeton: Princeton University Press, 1961), pp. 248–75Google Scholar.
