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The Cotton Kings is a colorful account of the men who fought to control the price of cotton on unregulated exchanges in New York and New Orleans. Dishonest brokers used bad information to raise and lower prices, make or break fortunes, regardless of supply and demand. Eventually, federal regulation stamped out corruption on the exchanges, helping millions of farmers and textile manufacturers.
Argues that the Jews who flocked to the United States during the age of mass migration were aided appreciably by their association with a particular corner of the American economy: the rag trade. Comparing the history of Jewish participation within the clothing trade in the United States with that of Jews in the same business in England, Mendelsohn demonstrates that differences within the garment industry on either side of the Atlantic contributed to a very real divergence in social and economic outcomes for Jews in each setting. --From publisher description.
"In the nineteenth century, Jewish merchants created a thriving niche economy in the cotton trade, positioning themselves at the forefront of capitalist expansion. Jewish involvement in the cotton industry transformed both Jewish communities and their broader economic restructuring of the South. Cotton Capitalists analyzes this niche economy, revealing how Jewish merchants' status as a minority fostered ethnic economic networks, which became the key to the merchant's success. Michael R. Cohen argues that Jewish merchants in the Gulf South, faced with anti-Jewish prejudice in an era where business relationships were based primarily upon trust, used ethnic ties with other Jewish-owned firms across the globe to sidestep those prejudices. Following the Civil War, they relied on these connections to direct Northern credit and goods to the economically devastated South. These relationships allowed them to survive the volatility of the Reconstruction Era while many of their non-Jewish competitors went under. Beyond the story of American Jewish success and integration, this book demonstrates the role of ethnicity in the development of global capitalism."--Dust jacket.
"Focuses on networks of people, information, conveyances, and other resources and technologies that moved slave-based products from suppliers to buyers and users." (page 3) The book examines the credit and financial systems that grew up around trade in slaves and products made by slaves.
During the Civil War, enslavers bought and sold thousands of people, extending a traffic in humanity that had long underpinned American slavery. Despite the pressures of blockades, economic collapse, and unfolding emancipation, the slave trade survived to the war's end. This book provides a vivid look at life within the trade in slaves and tells the story of the wartime slave trade from the perspective of both participants in it and those subjected to it.
A dynamic social history of shadow capitalism spanning the late nineteenth and twentieth centuries Observers see free markets, the relentless pursuit of profit, and the unremitting drive to commodify everything as capitalism's defining characteristics. These most visible economic features, however, obscure a range of other less evident, often unmeasured activities that occur on the margins and in the concealed corners of the formal economy. The range of practices in this large and diverse hidden realm encompasses traders in recycled materials and the architects of junk bonds and shadow banking. It includes the black and semi-licit markets that allow wealthy elites to avoid taxes and the unme...
The 1898 lynching of Tom Johnson and Joe Kizer is retold in this groundbreaking book. Unlike other histories of lynching that rely on conventional historical records, this study focuses on the objects associated with the lynching, including newspaper articles, fragments of the victims' clothing, photographs, and souvenirs such as sticks from the hanging tree. This material culture approach uncovers how people tried to integrate the meaning of the lynching into their everyday lives through objects. These seemingly ordinary items are repositories for the comprehension, interpretation, and commemoration of racial violence and white supremacy. Elijah Gaddis showcases an approach to objects as materials of history and memory, insisting that we live in a world suffused with the material traces of racial violence, past and present.
This book explores the significance of the peach as a cultural icon and viable commodity in the American South.
An award-winning historian reveals the harrowing forgotten story of America's internal slave trade—and its role in the making of America. Slave traders are peripheral figures in most histories of American slavery. But these men—who trafficked and sold over half a million enslaved people from the Upper South to the Deep South—were essential to slavery's expansion and fueled the growth and prosperity of the United States. In The Ledger and the Chain, acclaimed historian Joshua D. Rothman recounts the shocking story of the domestic slave trade by tracing the lives and careers of Isaac Franklin, John Armfield, and Rice Ballard, who built the largest and most powerful slave-trading operation in American history. Far from social outcasts, they were rich and widely respected businessmen, and their company sat at the center of capital flows connecting southern fields to northeastern banks. Bringing together entrepreneurial ambition and remorseless violence toward enslaved people, domestic slave traders produced an atrocity that forever transformed the nation.
This book examines Southerners' claims to loyal citizenship in the reunited nation after the American Civil War. Southerners - male and female; elite and non-elite; white, black, and American Indian - disagreed with the federal government over the obligations citizens owed to their nation and the obligations the nation owed to its citizens. Susanna Michele Lee explores these clashes through the operations of the Southern Claims Commission, a federal body that rewarded compensation for wartime losses to Southerners who proved that they had been loyal citizens of the Union. Lee argues that Southerners forced the federal government to consider how white men who had not been soldiers and voters, and women and racial minorities who had not been allowed to serve in those capacities, could also qualify as loyal citizens. Postwar considerations of the former Confederacy potentially demanded a reconceptualization of citizenship that replaced exclusions by race and gender with inclusions according to loyalty.