Financial History 134 (Summer 2020) | Page 4

Financial
history
The magazine of the
Museum of American Finance
in association with
the Smithsonian Institution
Issue 134 • Summer 2020
(ISSN 1520-4723)
Kristin Aguilera
Editor
IN THIS ISSUE
10 David Dodd: Out of Ben Graham’s Shadow
The life and accomplishments of security analysis guru
Ben Graham’s academic and business partner, David Dodd.

By James R. Kelly
FEATURES
EDITORIAL ADVISORY BOARD
Howard A. Baker, Esq.
Howard Baker Associates
Lawrence A. Cunningham
The George Washington University
Brian Grinder
Eastern Washington University
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
Bucknell University
Robert E. Wright
Augustana University
Jason Zweig
The Wall Street Journal
ART DIRECTION
Alan Barnett Design
MUSEUM STAFF
David J. Cowen, President/CEO
Kristin Aguilera, Deputy Director
Robert Dinkelmann, IT/Technology
Maura Ferguson, Director of Exhibits
Sarah Poole, Collections Manager
Linda Rapacki, Managing Director
of Visitor Services and Operations
Mindy Ross, Director, External Relations
Ben Urizar, Assistant Director of Visitor Services
16 Federal Financing of Internal
Improvements in Antebellum America
Seven decades of disagreements over the federal government’s
role in financing the country’s transportation network.

By Michael A. Martorelli
20 New Deal or Raw Deal?
Black Americans in the Roosevelt years.

By Jill Watts
26 Presidential Impeachment and US Stock Markets
The connection between political stability and economic growth.

By Peter C. Earle
31 In Law’s Debt
2020 marks the 300th anniversary of the collapse of John Law’s
Mississippi Company, one of the nation’s earliest financial bubbles.

By Howard Margot
Copyright © 2020 by the
Museum of American Finance, publisher,
25 Broadway, 5th Floor, New York, NY 10004.
All rights reserved.
Financial History is the official membership
magazine of the Museum of American Finance.
36 Where Are They Now?
The Museum’s series on 207 of the underwriters of
the 1956 Ford IPO continues with the history of
A.M. Kidder & Co. (founded in New York in 1872).

By Susie J. Pak
2 FINANCIAL HISTORY | Summer 2020 | www.MoAF.org