Flexible Exchange Rates, Northern Expansion, and the Market for Southern Cotton: 1866–1879

Mark Aldrich

The Journal of Economic History, 1973, vol. 33, issue 2, 399-416

Abstract: Anumber of economic historians, including Charles Beard, C. Vann Woodward, and others have argued that southern economic development during the nineteenth century may have been significantly hindered by the South's political and economic relations with the North. Certainly the best known of such arguments is that of Charles Beard. Beard thought that the “normal” workings of the pre-Civil War political economy would have resulted in the relative eclipse of the southern economy even in the absence of the Civil War. Wartime devastation plus such northern policies as the tariff, the Homestead Law, the National Banking Act, and emancipation of the slaves, merely hastened and worsened the South's economic decline.

Date: 1973
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.cambridge.org/core/product/identifier/ ... type/journal_article link to article abstract page (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cup:jechis:v:33:y:1973:i:02:p:399-416_07

Access Statistics for this article

More articles in The Journal of Economic History from Cambridge University Press Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK.
Bibliographic data for series maintained by Kirk Stebbing ().