King Philip
King Philip

Author: John Stevens Cabot Abbott

Publisher:

Published: 1904

Total Pages: 424

ISBN-13:

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Recounts the story of the Wampanoag Indian leader who led an uprising against the New England colonists in the seventeenth century.

The Name of War
The Name of War

Author: Jill Lepore

Publisher: Vintage

Published: 2009-09-23

Total Pages: 369

ISBN-13: 0307488578

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BANCROFF PRIZE WINNER • King Philip's War, the excruciating racial war—colonists against Indigenous peoples—that erupted in New England in 1675, was, in proportion to population, the bloodiest in American history. Some even argued that the massacres and outrages on both sides were too horrific to "deserve the name of a war." The war's brutality compelled the colonists to defend themselves against accusations that they had become savages. But Jill Lepore makes clear that it was after the war—and because of it—that the boundaries between cultures, hitherto blurred, turned into rigid ones. King Philip's War became one of the most written-about wars in our history, and Lepore argues that the words strengthened and hardened feelings that, in turn, strengthened and hardened the enmity between Indigenous peoples and Anglos. Telling the story of what may have been the bitterest of American conflicts, and its reverberations over the centuries, Lepore has enabled us to see how the ways in which we remember past events are as important in their effect on our history as were the events themselves.

History of King Philip, Sovereign Chief of the Wampanoags
History of King Philip, Sovereign Chief of the Wampanoags

Author: John S. C. (John Stevens Cabot) Abbott

Publisher: Hardpress Publishing

Published: 2012-08-01

Total Pages: 430

ISBN-13: 9781290905923

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Unlike some other reproductions of classic texts (1) We have not used OCR(Optical Character Recognition), as this leads to bad quality books with introduced typos. (2) In books where there are images such as portraits, maps, sketches etc We have endeavoured to keep the quality of these images, so they represent accurately the original artefact. Although occasionally there may be certain imperfections with these old texts, we feel they deserve to be made available for future generations to enjoy.

Lending to the Borrower from Hell
Lending to the Borrower from Hell

Author: Mauricio Drelichman

Publisher: Princeton University Press

Published: 2016-12-13

Total Pages: 329

ISBN-13: 069117377X

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What the loans and defaults of a sixteenth-century Spanish king can tell us about sovereign debt today Why do lenders time and again loan money to sovereign borrowers who promptly go bankrupt? When can this type of lending work? As the United States and many European nations struggle with mountains of debt, historical precedents can offer valuable insights. Lending to the Borrower from Hell looks at one famous case—the debts and defaults of Philip II of Spain. Ruling over one of the largest and most powerful empires in history, King Philip defaulted four times. Yet he never lost access to capital markets and could borrow again within a year or two of each default. Exploring the shrewd reasoning of the lenders who continued to offer money, Mauricio Drelichman and Hans-Joachim Voth analyze the lessons from this important historical example. Using detailed new evidence collected from sixteenth-century archives, Drelichman and Voth examine the incentives and returns of lenders. They provide powerful evidence that in the right situations, lenders not only survive despite defaults—they thrive. Drelichman and Voth also demonstrate that debt markets cope well, despite massive fluctuations in expenditure and revenue, when lending functions like insurance. The authors unearth unique sixteenth-century loan contracts that offered highly effective risk sharing between the king and his lenders, with payment obligations reduced in bad times. A fascinating story of finance and empire, Lending to the Borrower from Hell offers an intelligent model for keeping economies safe in times of sovereign debt crises and defaults.