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The Review of Economics and Statistics Vol. 11 No. 1 1929

Wholesale Commodity Prices in the United States, 1843-62

Arthur H. Cole

Abstract

notable for other features, particularly the sharp and decisive collapse of values which swept away in a few months the inflation of as many years. Yet, despite such allurements, little effort has hitherto been expended in the investigation of business conditions during these years; and the present study was originally undertaken in an endeavor to break ground. The interval under consideration may be stated more precisely to extend from the close of those troubled years, I836-43, to the commencement of Greenback inflation in I862. To supply an indispensable element in the analysis of these two decades, inquiry has been made into the course of commodity prices. Information previously available to historians concerning the movement of such values has been limited to annual indexes such as that prepared by Falkner as a part of the well-known Aldrich Report.' Adequate treatment, however, of the vicissitudes in American business during these

DOI
10.2307/1927257
Volume
11
Issue
1
Pages
26
Sources
openalex crossref

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