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Confederate Political Economy
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Book Synopsis Modernizing a Slave Economy by : John Majewski
Download or read book Modernizing a Slave Economy written by John Majewski and published by Univ of North Carolina Press. This book was released on 2011-04-01 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: What would separate Union and Confederate countries look like if the South had won the Civil War? In fact, this was something that southern secessionists actively debated. Imagining themselves as nation builders, they understood the importance of a plan for the economic structure of the Confederacy. The traditional view assumes that Confederate slave-based agrarianism went hand in hand with a natural hostility toward industry and commerce. Turning conventional wisdom on its head, John Majewski's analysis finds that secessionists strongly believed in industrial development and state-led modernization. They blamed the South's lack of development on Union policies of discriminatory taxes on southern commerce and unfair subsidies for northern industry. Majewski argues that Confederates' opposition to a strong central government was politically tied to their struggle against northern legislative dominance. Once the Confederacy was formed, those who had advocated states' rights in the national legislature in order to defend against northern political dominance quickly came to support centralized power and a strong executive for war making and nation building.
Book Synopsis Conflict and Compromise by : Roger L. Ransom
Download or read book Conflict and Compromise written by Roger L. Ransom and published by Cambridge University Press. This book was released on 1989-09-29 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book Professor Roger Ransom examines the economic and political factors that led to the attempt by Southerners to dissolve the Union in 1860, and the equally determined effort of Northerners to preserve it. Ransom argues that the system of capitalist slavery in the South not only "caused" the Civil War by producing tensions that could not be resolved by compromise; it also played a crucial role in the outcome of that war by crippling the southern war effort at the same time that emancipation became a unifying issue for the North. Ransom also carefully examines the impact that four years of war and the emancipation of slaves had both on the defeated South and the victorious North. -- From publisher's description.
Book Synopsis Gold and Freedom by : Nicolas Barreyre
Download or read book Gold and Freedom written by Nicolas Barreyre and published by University of Virginia Press. This book was released on 2015-12-15 with total page 439 pages. Available in PDF, EPUB and Kindle. Book excerpt: Historians have long treated Reconstruction primarily as a southern concern isolated from broader national political developments. Yet at its core, Reconstruction was a battle for the legacy of the Civil War that would determine the political fate not only of the South but of the nation. In Gold and Freedom, Nicolas Barreyre recovers the story of how economic issues became central to American politics after the war. The idea that a financial debate was as important for Reconstruction as emancipation may seem remarkable, but the war created economic issues that all Americans, not just southerners, had to grapple with, including a huge debt, an inconvertible paper currency, high taxation, and tariffs. Alongside the key issues of race and citizenship, the struggle with the new economic model and the type of society it created pervaded the entire country. Both were legacies of war. Both were fought over by the same citizens in a newly reunited nation. It was thus impossible for such closely related debates to proceed independently. A truly groundbreaking work, Gold and Freedom shows how much the fate of Reconstruction—and the political world it ultimately created—owed to northern sectional divisions, revealing important links between race and economy, as well as region and nation, not previously recognized.
Book Synopsis The Confederate Republic by : George C. Rable
Download or read book The Confederate Republic written by George C. Rable and published by Univ of North Carolina Press. This book was released on 2000-11-09 with total page 625 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although much has been written about the ways in which Confederate politics affected the course of the Civil War, George Rable is the first historian to investigate Confederate political culture in its own right. Focusing on the assumptions, values, and beliefs that formed the foundation of Confederate political ideology, Rable reveals how southerners attempted to purify the political process and avoid what they saw as the evils of parties and partisanship. According to Rable, secession marked the beginning of a revolution against politics, in which the Confederacy's founding fathers saw themselves as the true heirs of the American Revolution. Nevertheless, factionalism developed as the war dragged on, with Confederate nationalists emphasizing political unity and support for President Jefferson Davis's administration and libertarian dissenters warning of the dangers of a centralized Confederate government. Both sides claimed to be the legitimate defenders of a genuine southern republicanism and of Confederate nationalism, and the conflict between them carried over from the strictly political sphere to matters of military strategy, civil religion, and education. Rable concludes that despite the war's outcome, the Confederacy's antipolitical legacy had a profound impact on southern politics.
Book Synopsis Agriculture and the Confederacy by : R. Douglas Hurt
Download or read book Agriculture and the Confederacy written by R. Douglas Hurt and published by UNC Press Books. This book was released on 2015-03-02 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this comprehensive history, R. Douglas Hurt traces the decline and fall of agriculture in the Confederate States of America. The backbone of the southern economy, agriculture was a source of power that southerners believed would ensure their independence. But, season by season and year by year, Hurt convincingly shows how the disintegration of southern agriculture led to the decline of the Confederacy's military, economic, and political power. He examines regional variations in the Eastern and Western Confederacy, linking the fates of individual crops and different modes of farming and planting to the wider story. After a dismal harvest in late 1864, southerners--faced with hunger and privation throughout the region--ransacked farms in the Shenandoah Valley and pillaged plantations in the Carolinas and the Mississippi Delta, they finally realized that their agricultural power, and their government itself, had failed. Hurt shows how this ultimate lost harvest had repercussions that lasted well beyond the end of the Civil War. Assessing agriculture in its economic, political, social, and environmental contexts, Hurt sheds new light on the fate of the Confederacy from the optimism of secession to the reality of collapse.
Book Synopsis Confederate Political Economy by : Michael Brem Bonner
Download or read book Confederate Political Economy written by Michael Brem Bonner and published by LSU Press. This book was released on 2016-05-11 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Confederate Political Economy, Michael Bonner suggests that the Confederate nation was an expedient corporatist state -- a society that required all sectors of the economy to work for the national interest, as defined by a partnership of industrial leaders and a dominant government. As Bonner shows, the characteristics of the Confederate States' political economy included modern organizational methods that mirrored the economic landscape of other late nineteenth-century and early-twentieth-century corporatist governments. Southern leaders, Bonner argues, were slave-owning agricultural capitalists who sought a counterrevolution against northern liberal capitalism. During secession and as the war progressed, they built and reinforced Confederate nationalism through specific centralized government policies. Bolstered by the Confederate constitution, these policies evolved into a political culture that allowed for immense executive powers, facilitated an anti-party ideology, and subordinated individual rights. In addition, the South's lack of industrial capacity forced the Confederacy to pursue a curious manufacturing policy that used both private companies and national ownership to produce munitions. This symbiotic relationship was just one component of the Confederacy's expedient corporatist state: other wartime policies like conscription, the domestic passport system, and management of southern railroads also exhibited unmistakable corporatist characteristics. Bonner's probing research and new comparative analysis expand our understanding of the complex organization and relationships in Confederate political and economic culture during the Civil War.
Book Synopsis Ways and Means by : Roger Lowenstein
Download or read book Ways and Means written by Roger Lowenstein and published by Penguin. This book was released on 2022-03-08 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Captivating . . . [Lowenstein] makes what subsequently occurred at Treasury and on Wall Street during the early 1860s seem as enthralling as what transpired on the battlefield or at the White House.” —Harold Holzer, Wall Street Journal “Ways and Means, an account of the Union’s financial policies, examines a subject long overshadowed by military narratives . . . Lowenstein is a lucid stylist, able to explain financial matters to readers who lack specialized knowledge.” —Eric Foner, New York Times Book Review From renowned journalist and master storyteller Roger Lowenstein, a revelatory financial investigation into how Lincoln and his administration used the funding of the Civil War as the catalyst to centralize the government and accomplish the most far-reaching reform in the country’s history Upon his election to the presidency, Abraham Lincoln inherited a country in crisis. Even before the Confederacy’s secession, the United States Treasury had run out of money. The government had no authority to raise taxes, no federal bank, no currency. But amid unprecedented troubles Lincoln saw opportunity—the chance to legislate in the centralizing spirit of the “more perfect union” that had first drawn him to politics. With Lincoln at the helm, the United States would now govern “for” its people: it would enact laws, establish a currency, raise armies, underwrite transportation and higher education, assist farmers, and impose taxes for them. Lincoln believed this agenda would foster the economic opportunity he had always sought for upwardly striving Americans, and which he would seek in particular for enslaved Black Americans. Salmon Chase, Lincoln’s vanquished rival and his new secretary of the Treasury, waged war on the financial front, levying taxes and marketing bonds while desperately battling to contain wartime inflation. And while the Union and Rebel armies fought increasingly savage battles, the Republican-led Congress enacted a blizzard of legislation that made the government, for the first time, a powerful presence in the lives of ordinary Americans. The impact was revolutionary. The activist 37th Congress legislated for homesteads and a transcontinental railroad and involved the federal government in education, agriculture, and eventually immigration policy. It established a progressive income tax and created the greenback—paper money. While the Union became self-sustaining, the South plunged into financial free fall, having failed to leverage its cotton wealth to finance the war. Founded in a crucible of anticentralism, the Confederacy was trapped in a static (and slave-based) agrarian economy without federal taxing power or other means of government financing, save for its overworked printing presses. This led to an epic collapse. Though Confederate troops continued to hold their own, the North’s financial advantage over the South, where citizens increasingly went hungry, proved decisive; the war was won as much (or more) in the respective treasuries as on the battlefields. Roger Lowenstein reveals the largely untold story of how Lincoln used the urgency of the Civil War to transform a union of states into a nation. Through a financial lens, he explores how this second American revolution, led by Lincoln, his cabinet, and a Congress studded with towering statesmen, changed the direction of the country and established a government of the people, by the people, and for the people.
Book Synopsis Loathing Lincoln by : John McKee Barr
Download or read book Loathing Lincoln written by John McKee Barr and published by LSU Press. This book was released on 2014-04-07 with total page 568 pages. Available in PDF, EPUB and Kindle. Book excerpt: While most Americans count Abraham Lincoln among the most beloved and admired former presidents, a dedicated minority has long viewed him not only as the worst president in the country's history, but also as a criminal who defied the Constitution and advanced federal power and the idea of racial equality. In Loathing Lincoln, historian John McKee Barr surveys the broad array of criticisms about Abraham Lincoln that emerged when he stepped onto the national stage, expanded during the Civil War, and continued to evolve after his death and into the present. The first panoramic study of Lincoln's critics, Barr's work offers an analysis of Lincoln in historical memory and an examination of how his critics -- on both the right and left -- have frequently reflected the anxiety and discontent Americans felt about their lives. From northern abolitionists troubled by the slow pace of emancipation, to Confederates who condemned him as a "black Republican" and despot, to Americans who blamed him for the civil rights movement, to, more recently, libertarians who accuse him of trampling the Constitution and creating the modern welfare state, Lincoln's detractors have always been a vocal minority, but not one without influence. By meticulously exploring the most significant arguments against Lincoln, Barr traces the rise of the president's most strident critics and links most of them to a distinct right-wing or neo-Confederate political agenda. According to Barr, their hostility to a more egalitarian America and opposition to any use of federal power to bring about such goals led them to portray Lincoln as an imperialistic president who grossly overstepped the bounds of his office. In contrast, liberals criticized him for not doing enough to bring about emancipation or ensure lasting racial equality. Lincoln's conservative and libertarian foes, however, constituted the vast majority of his detractors. More recently, Lincoln's most vociferous critics have adamantly opposed Barack Obama and his policies, many of them referencing Lincoln in their attacks on the current president. In examining these individuals and groups, Barr's study provides a deeper understanding of American political life and the nation itself.
Book Synopsis Yankee Leviathan by : Richard Franklin Bensel
Download or read book Yankee Leviathan written by Richard Franklin Bensel and published by Cambridge University Press. This book was released on 1990 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contending that intense competition for national political economy control produced secession, this study describes the impact of the American Civil War upon the late nineteenth century development of central state authority.
Book Synopsis How the South Won the Civil War by : Heather Cox Richardson
Download or read book How the South Won the Civil War written by Heather Cox Richardson and published by Oxford University Press. This book was released on 2020-03-12 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Named one of The Washington Post's 50 Notable Works of Nonfiction While the North prevailed in the Civil War, ending slavery and giving the country a "new birth of freedom," Heather Cox Richardson argues in this provocative work that democracy's blood-soaked victory was ephemeral. The system that had sustained the defeated South moved westward and there established a foothold. It was a natural fit. Settlers from the East had for decades been pushing into the West, where the seizure of Mexican lands at the end of the Mexican-American War and treatment of Native Americans cemented racial hierarchies. The South and West equally depended on extractive industries-cotton in the former and mining, cattle, and oil in the latter-giving rise a new birth of white male oligarchy, despite the guarantees provided by the 13th, 14th, and 15th Amendments, and the economic opportunities afforded by expansion. To reveal why this happened, How the South Won the Civil War traces the story of the American paradox, the competing claims of equality and subordination woven into the nation's fabric and identity. At the nation's founding, it was the Eastern "yeoman farmer" who galvanized and symbolized the American Revolution. After the Civil War, that mantle was assumed by the Western cowboy, singlehandedly defending his land against barbarians and savages as well as from a rapacious government. New states entered the Union in the late nineteenth century and western and southern leaders found yet more common ground. As resources and people streamed into the West during the New Deal and World War II, the region's influence grew. "Movement Conservatives," led by westerners Barry Goldwater, Richard Nixon, and Ronald Reagan, claimed to embody cowboy individualism and worked with Dixiecrats to embrace the ideology of the Confederacy. Richardson's searing book seizes upon the soul of the country and its ongoing struggle to provide equal opportunity to all. Debunking the myth that the Civil War released the nation from the grip of oligarchy, expunging the sins of the Founding, it reveals how and why the Old South not only survived in the West, but thrived.
Download or read book Bonds of War written by David K. Thomson and published by UNC Press Books. This book was released on 2022-02-16 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: How does one package and sell confidence in the stability of a nation riven by civil strife? This was the question that loomed before the Philadelphia financial house of Jay Cooke & Company,&8239;entrusted&8239;by the US government with an unprecedented sale of bonds to finance the Union war effort in the early days of the American Civil War.&8239;How the government and its agents marketed these bonds revealed a version of the war the public was willing to buy and buy into, based not just in the full faith and credit of the United States but also in the success of its armies and its long-term vision for open markets. From Maine to California, and in foreign halls of power and economic influence,&8239;thousands of agents were deployed to&8239;sell&8239;a clear message: Union victory was unleashing the American economy itself. This fascinating work of&8239;financial and political history&8239;during&8239;the Civil War&8239;era&8239;shows&8239;how the marketing and sale of bonds crossed the Atlantic to Europe and beyond, helping ensure foreign countries' vested interest in the Union's success. Indeed, David K. Thomson demonstrates how Europe, and ultimately all corners of the globe, grew deeply interdependent on American finance during, and in the immediate aftermath of, the American Civil War.&8239;
Book Synopsis Tariffs, Blockades, and Inflation by : Mark Thornton
Download or read book Tariffs, Blockades, and Inflation written by Mark Thornton and published by Rowman & Littlefield. This book was released on 2004 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: What role did economics play in leading the United States into the Civil War in the 1860s, and how did the war affect the economies of the North and the South? Tariffs, Blockades, and Inflation uses contemporary economic analyses such as supply and demand, modern market theory, and the economics of politics to interpret events of the Civil War. Simplifying the sometimes complex intricacies of the subject matter, Thornton and Ekelund have penned a nontechnical primer that is jargon-free and accessible. Tariffs, Blockades, and Inflation also takes a comprehensive approach to its topic. It offers a cohesive and a persuasive explanation of the how, what, and why behind the many factors at work on both sides of the contest. While most books only delve into a particular aspect of the war, this title effectively bridges the gap by offering an all-encompassing, yet relatively brief, introduction to the essential economics of the Civil War. This book starts out with a look at the reasons for the beginning of the Civil War, including explaining why the war began when it did. It then examines the economic realities in both the North and South. Also covered are the different financial strategies implemented by both the Union and the Confederacy to fund the war and the reasons behind what ultimately led to Southern defeat. Finally, the economic effect of Reconstruction is discussed, including the impact it had on the former slave population. Thornton and Ekelund have contributed an overdue examination of the Civil War that will impart to students a modern way to better comprehend the conflict. Tariffs, Blockades, and Inflation offers fresh, penetrating insights into this pivotal event in American history.
Book Synopsis Confederate Political Economy by : Michael Brem Bonner
Download or read book Confederate Political Economy written by Michael Brem Bonner and published by LSU Press. This book was released on 2016-05-11 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Confederate Political Economy, Michael Bonner suggests that the Confederate nation was an expedient corporatist state -- a society that required all sectors of the economy to work for the national interest, as defined by a partnership of industrial leaders and a dominant government. As Bonner shows, the characteristics of the Confederate States' political economy included modern organizational methods that mirrored the economic landscape of other late nineteenth-century and early-twentieth-century corporatist governments. Southern leaders, Bonner argues, were slave-owning agricultural capitalists who sought a counterrevolution against northern liberal capitalism. During secession and as the war progressed, they built and reinforced Confederate nationalism through specific centralized government policies. Bolstered by the Confederate constitution, these policies evolved into a political culture that allowed for immense executive powers, facilitated an anti-party ideology, and subordinated individual rights. In addition, the South's lack of industrial capacity forced the Confederacy to pursue a curious manufacturing policy that used both private companies and national ownership to produce munitions. This symbiotic relationship was just one component of the Confederacy's expedient corporatist state: other wartime policies like conscription, the domestic passport system, and management of southern railroads also exhibited unmistakable corporatist characteristics. Bonner's probing research and new comparative analysis expand our understanding of the complex organization and relationships in Confederate political and economic culture during the Civil War.
Book Synopsis Confederate Finance by : Richard Cecil Todd
Download or read book Confederate Finance written by Richard Cecil Todd and published by University of Georgia Press. This book was released on 2009-09-01 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Confederate Finance, first published in 1954, looks at the measures taken by the Confederacy to stabilize its currency and offer a basis for foreign exchange. By the end of the Civil War, the Confederacy had resorted to a number of financial expedients, including the most desperate of measures. The Confederate government seized the property of enemies, levied direct taxes, and placed duties on exports and imports. In addition, donations and gifts were gratefully accepted. All the while, treasury notes flooded the market, and loans were floated in an attempt to continue the Confederacy's existence. Richard Cecil Todd shows how these measures were used by the Confederate government to meet its obligations at home and abroad. He also discusses the organization and personnel of the Confederate Treasury Department.
Book Synopsis Trading with the Enemy by : Philip Leigh
Download or read book Trading with the Enemy written by Philip Leigh and published by . This book was released on 2022-05-30 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Impact of Illicit Trade Between the North and South During the Civil War While Confederate blockade runners famously carried the seaborne trade for the South during the American Civil War, the amount of Southern cotton exported to Europe was only half of that shipped illicitly to the North. Most went to New England textile mills where business "was better than ever," according to textile mogul Amos Lawrence. Rhode Island senator William Sprague, a mill owner and son-in-law to Treasury Secretary Salmon P. Chase, was a member of a partnership supplying weapons to the Confederacy in exchange for cotton. The trade in contraband was not confined to New England. Union General William T. Sherman claimed Confederates were supplied with weapons from Cincinnati, while General Ulysses S. Grant captured Rebel cavalry armed with carbines purchased in Union-occupied Memphis. During the last months of the war, supplies entering the Union-controlled port of Norfolk, Virginia, were one of the principal factors enabling Robert E. Lee's Confederate army to avoid starvation. Indeed, many of the supplies that passed through the Union blockade into the Confederacy originated in Northern states, instead of Europe as is commonly supposed. Merchants were not the only ones who profited; Union officers General Benjamin Butler and Admiral David Dixon Porter benefited from this black market. President Lincoln admitted that numerous military leaders and public officials were involved, but refused to stop the trade. In Trading with the Enemy: The Covert Economy During the American Civil War, New York Times Disunion contributor Philip Leigh recounts the little-known story of clandestine commerce between the North and South. Cotton was so important to the Northern economy that Yankees began growing it on the captured Sea Islands of South Carolina. Soon the neutral port of Matamoras, Mexico, became a major trading center, where nearly all the munitions shipped to the port--much of it from Northern armories--went to the Confederacy. After the fall of New Orleans and Vicksburg, a frenzy of contraband-for-cotton swept across the vast trans-Mississippi Confederacy, with Northerners sometimes buying the cotton directly from the Confederate government. A fascinating study, Trading with the Enemy adds another layer to our understanding of the Civil War.
Book Synopsis The Merchants' Capital by : Scott P. Marler
Download or read book The Merchants' Capital written by Scott P. Marler and published by Cambridge University Press. This book was released on 2013-04-29 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: As cotton production shifted toward the southwestern states during the first half of the nineteenth century, New Orleans became increasingly important to the South's plantation economy. Handling the city's wide-ranging commerce was a globally oriented business community that represented a qualitatively unique form of wealth accumulation - merchant capital - that was based on the extraction of profit from exchange processes. However, like the slave-based mode of production with which they were allied, New Orleans merchants faced growing pressures during the antebellum era. Their complacent failure to improve the port's infrastructure or invest in manufacturing left them vulnerable to competition from the fast-developing industrial economy of the North, weaknesses that were fatally exposed during the Civil War and Reconstruction. Changes to regional and national economic structures after the Union victory prevented New Orleans from recovering its commercial dominance, and the former first-rank American city quickly devolved into a notorious site of political corruption and endemic poverty.
Book Synopsis Lone Star Unionism, Dissent, and Resistance by : Jesús F. de la Teja
Download or read book Lone Star Unionism, Dissent, and Resistance written by Jesús F. de la Teja and published by University of Oklahoma Press. This book was released on 2016-03-09 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most histories of Civil War Texas—some starring the fabled Hood’s Brigade, Terry’s Texas Rangers, or one or another military figure—depict the Lone Star State as having joined the Confederacy as a matter of course and as having later emerged from the war relatively unscathed. Yet as the contributors to this volume amply demonstrate, the often neglected stories of Texas Unionists and dissenters paint a far more complicated picture. Ranging in time from the late 1850s to the end of Reconstruction, Lone Star Unionism, Dissent, and Resistance restores a missing layer of complexity to the history of Civil War Texas. The authors—all noted scholars of Texas and Civil War history—show that slaves, freedmen and freedwomen, Tejanos, German immigrants, and white women all took part in the struggle, even though some never found themselves on a battlefield. Their stories depict the Civil War as a conflict not only between North and South but also between neighbors, friends, and family members. By framing their stories in the analytical context of the “long Civil War,” Lone Star Unionism, Dissent, and Resistance reveals how friends and neighbors became enemies and how the resulting violence, often at the hands of secessionists, crossed racial and ethnic lines. The chapters also show how ex-Confederates and their descendants, as well as former slaves, sought to give historical meaning to their experiences and find their place as citizens of the newly re-formed nation. Concluding with an account of the origins of Juneteenth—the nationally celebrated holiday marking June 19, 1865, when emancipation was announced in Texas—Lone Star Unionism, Dissent, and Resistance challenges the collective historical memory of Civil War Texas and its place in both the Confederacy and the United States. It provides material for a fresh narrative, one including people on the margins of history and dispelling the myth of a monolithically Confederate Texas.
