The American and British systems of industrial relations on the eve of World War I -- The impact of World War I: experimenting with corporatism -- The twenties: the retreat from wartime corporatist experiments and the quest for new forms of voluntary organization -- The Great Depression and the...

From Crisis to Crisis examines the impact of the harsh conditions of the interwar economy on the British merchant banks. The financial crises of 1914 and 1931 are assessed using primary sources. The competitive threats, including the rise of New York as a rival financial centre, are considered....