Date of Award
6-1925
Degree Type
Bachelors Essay
Degree Name
Bachelor of Science (BS)
Department
Business Administration
First Advisor
Paul E. Miller
Second Advisor
Fred D. Merritt
Abstract
Credit, in all its ramifications, is probably the most important, single factor in the commercial world today. Yet, in spite of its importance, few people stop to think what it means. To the ones who do find time to reflect upon its magnitude, it appears as a giant something, which cannot be seen, but only realized. To quote Henry Dunning Macleod, the English lecturer and author, "What the steam engine is in mechanism, what the differential calculus is in mathematics, that is credit in commerce". Daniel Webster, the great American jurist and the statesman said, "Credit is the vital air of modern commerce. It has done more, a thousand times, to enrich nations, than all the mines of the world".
Recommended Citation
Kelley, John W., "The Rise and Significance of Commercial Credit" (1925). Bachelors’ Theses. 1568.
https://epublications.marquette.edu/bachelor_essays/1568
Comments
Thesis Submitted to Fulfill the Requirements for the Degree of Bachelor of Science in Commerce, College of Business Administration, Marquette University, Milwaukee, Wisconsin