House Dividing

House Dividing

EnglishPaperback / softbackPrint on demand
Majewski, John
Cambridge University Press
EAN: 9780521025362
Print on demand
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Detailed information

A House Dividing compares Virginia and Pennsylvania to answer a crucial question of American history: how did slavery undermine the development of the southern economy? Extensive archival research reveals that in the first decades of the nineteenth century, local residents in each state financed transportation improvements to raise land values and spur commercial growth. In the 1830s, however, Philadelphia capitalists began financing Pennsylvania's railroad network, eventually building integrated systems that reached deep within the Midwest. Virginia's railroads, still dependent upon local investment and funds from the state government, remained a collection of local lines without western connections. The lack of a great city that could provide capital and traffic for large-scale railroads was the Achilles' heel of Virginia's slave economy. The chains of slavery, Virginians learned to their dismay, also shackled the invisible hand of the market.
EAN 9780521025362
ISBN 0521025362
Binding Paperback / softback
Publisher Cambridge University Press
Publication date March 30, 2006
Pages 236
Language English
Dimensions 230 x 150 x 13
Country United Kingdom
Authors Majewski, John
Illustrations 23 Tables, unspecified
Series Studies in Economic History and Policy
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