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1 2 - Raymond W. Goldsmith( ) A Study of Saving in the United States, vol, Princeton Univ. Press,, -, - Commercial & Financial Chronicle(Jan.. )p.,(jan., )p. The Board of Governors of the Federal Reserve System( ) Banking and Monetary Statistics 1914-1941, U.S.Senate Committee on Banking and Currency % % %. % U.S.Senate Committee on Banking and Currency ( ) -

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R.A. Young( ) Handbook on American Underwriting of Foreign Securities, pp. -. T.K.Haven ( ) Investment Banking under the Securities and Exchange Commission, Michigan Business Studies, vol.,no.. B.A.Wigmore( ) The Crash and Its Aftermath, Greenwood Press, pp. -. City of Harnover City of Chemnitz Rhine Westphalia Electric Power Corporation, Municipal Bank of Hessen Baa (Moody s: Foreign and American Governments Securities, industrial securities - ) H.C.Taylor( ) Municipal Securities, Fundamentals of Investment Banking, Prentice-Hall, Inc,. M.F. Jolliffe( ) The U.S. as a Financial Centre, 1919-39, Univ. Of Wales Press. - Survey of Current Business( ) (Survey of Current Business( ) p. ) -. % (A. S. Dewing( ) The Financial Policy of Corporations, The Ronald Press Company, Vol, p. Survey of Current Business( ) p. H.B. Lary( ) The United States in the World Economy, U.S.D.P., p. -. H.B. Lary( ) p.. Moody s: Foreign and American Governments Securities, - -. %. -. % -. %. -. % S. Homer and R. Sylla ( ) A History of Interest Rates, Rutgers University Press, pp.,, -. Royal Institute of International Affairs( ) The Problem of International Investment -, - S.P.Dobrovolsky ( ) Corporate Income Retention 1915-43, NBER. ( )

- ( ) - ( ) - - H.C. Taylor( ) pp. -. Commercial & Financial Chronicle(Jan., ) p. (Jan.. ) p. B.A. Wigmore( ) pp. -. ( ) ( ) - ( ) - Cental Power Co. Michigan Electric Power Co. (Moody s: public utities securities ( ) p. ) ( ) S.P. Dobrovolsky( ) pp. -. ( ) Survey of Current Business( ) p.. Ilse Mintz( )Deterioration in the Quality of Foreign bonds issued in the U.S., 1920-1930, N.B.E.R., pp. -. ( ) ( ) - Ilse Mintz( ) p.. Board of Governors of the F.R.S.( ) All Banks Statistics, U.S., p. - - -. % A.S. Dewing( ) pp. -. Hiromi Nishii,