The Cotton Trade Of 1861 And 1862
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Author | : Sven Beckert |
Publisher | : Vintage |
Total Pages | : 642 |
Release | : 2015-11-10 |
Genre | : History |
ISBN | : 0375713964 |
WINNER OF THE BANCROFT PRIZE • A Pulitzer Prize finalist that's as unsettling as it is enlightening: a book that brilliantly weaves together the story of cotton with how the present global world came to exist. “Masterly … An astonishing achievement.” —The New York Times The empire of cotton was, from the beginning, a fulcrum of constant global struggle between slaves and planters, merchants and statesmen, workers and factory owners. Sven Beckert makes clear how these forces ushered in the world of modern capitalism, including the vast wealth and disturbing inequalities that are with us today. In a remarkably brief period, European entrepreneurs and powerful politicians recast the world’s most significant manufacturing industry, combining imperial expansion and slave labor with new machines and wage workers to make and remake global capitalism.
Author | : Douglas A. Irwin |
Publisher | : University of Chicago Press |
Total Pages | : 873 |
Release | : 2017-11-29 |
Genre | : Political Science |
ISBN | : 022639901X |
A Foreign Affairs Best Book of the Year: “Tells the history of American trade policy . . . [A] grand narrative [that] also debunks trade-policy myths.” —Economist Should the United States be open to commerce with other countries, or should it protect domestic industries from foreign competition? This question has been the source of bitter political conflict throughout American history. Such conflict was inevitable, James Madison argued in the Federalist Papers, because trade policy involves clashing economic interests. The struggle between the winners and losers from trade has always been fierce because dollars and jobs are at stake: depending on what policy is chosen, some industries, farmers, and workers will prosper, while others will suffer. Douglas A. Irwin’s Clashing over Commerce is the most authoritative and comprehensive history of US trade policy to date, offering a clear picture of the various economic and political forces that have shaped it. From the start, trade policy divided the nation—first when Thomas Jefferson declared an embargo on all foreign trade and then when South Carolina threatened to secede from the Union over excessive taxes on imports. The Civil War saw a shift toward protectionism, which then came under constant political attack. Then, controversy over the Smoot-Hawley tariff during the Great Depression led to a policy shift toward freer trade, involving trade agreements that eventually produced the World Trade Organization. Irwin makes sense of this turbulent history by showing how different economic interests tend to be grouped geographically, meaning that every proposed policy change found ready champions and opponents in Congress. Deeply researched and rich with insight and detail, Clashing over Commerce provides valuable and enduring insights into US trade policy past and present. “Combines scholarly analysis with a historian’s eye for trends and colorful details . . . readable and illuminating, for the trade expert and for all Americans wanting a deeper understanding of America’s evolving role in the global economy.” —National Review “Magisterial.” —Foreign Affairs
Author | : Jim Powell |
Publisher | : |
Total Pages | : 256 |
Release | : 2021-02-28 |
Genre | : History |
ISBN | : 1789622492 |
This is the first full-length study of the effect of the American Civil War on Britain's raw cotton trade and on the Liverpool cotton market. It includes an analysis of primary sources never used by historians. Before the civil war, America supplied 80 per cent of Britain's cotton. In August 1861, this fell to almost zero, where it remained for four years. Despite increased supplies from elsewhere, Britain's largest industry received only 36 per cent of the raw material it needed from 1862-64. This book establishes the facts of Britain's raw cotton supply during the war: how much there was of it, in absolute terms and related to the demand, where it came from and why, how much it cost, and what effect the reduced supply had on Britain's cotton manufacture. It includes an enquiry into the causes of the Lancashire cotton famine, which contradicts the historical consensus on the subject. Examining the impact of the civil war on Liverpool and its raw cotton market, this thought-provoking book demonstrates how reckless speculation infested and distorted the market, and lays bare the shadowy world of the Liverpool cotton brokers, who profited hugely from the war while the rest of Lancashire starved.
Author | : Philip Leigh |
Publisher | : |
Total Pages | : 200 |
Release | : 2022-05-30 |
Genre | : Business & Economics |
ISBN | : 9781594163876 |
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.
Author | : Andrew F. Smith |
Publisher | : Macmillan |
Total Pages | : 314 |
Release | : 2011-04-12 |
Genre | : Business & Economics |
ISBN | : 0312601816 |
'From the first shot fired at Fort Sumter on April 12, 1861, to the last shot fired at Appomattox, food played a crucial role in the Civil War. In Starving the South, culinary historian Andrew Smith takes a fascinating gastronomical look at the war and its aftermath. At the time, the North mobilized its agricultural resources, fed its civilians and military, and still had massive amounts of food to export to Europe. The South did not; while people starved, the morale of their soldiers waned and desertions from the Army of the Confederacy increased.....' (Book Jacket)
Author | : John Watts |
Publisher | : London : Simpkin, Marshall ; Manchester : A. Ireland |
Total Pages | : 492 |
Release | : 1866 |
Genre | : Cotton famine, 1861-1864 |
ISBN | : |
Author | : |
Publisher | : University of Georgia Press |
Total Pages | : 630 |
Release | : 1991-09-01 |
Genre | : History |
ISBN | : 9780820313962 |
Offers a chronological account of the Civil War, reexamines theories for the South's defeat, and analyzes Confederate and Union military strategy
Author | : Frank Lawrence Owsley |
Publisher | : University Alabama Press |
Total Pages | : 0 |
Release | : 2008 |
Genre | : History |
ISBN | : 9780817355265 |
The exhaustive, definitive study of Southern attempts to gain international support for the Confederacy by leveraging the cotton supply for European intervention during the Civil War. Using previously untapped sources from Britain and France, along with documents from the Confederacy's state department, Frank Owsley's King Cotton Diplomacy is the first archival-based study of Confederate diplomacy.
Author | : Joseph L. Harsh |
Publisher | : Kent State University Press |
Total Pages | : 692 |
Release | : 1999 |
Genre | : Biography & Autobiography |
ISBN | : 9780873386319 |
Harsh attempts to discover what they believed their responsibilities were and what they tried to accomplish; to evaluate the human and logistical resources at their disposal; and to determine what they knew and when they learned it."--BOOK JACKET.
Author | : Chandra Manning |
Publisher | : Vintage |
Total Pages | : 364 |
Release | : 2007-04-03 |
Genre | : History |
ISBN | : 0307267431 |
Using letters, diaries, and regimental newspapers to take us inside the minds of Civil War soldiers—black and white, Northern and Southern—as they fought and marched across a divided country, this unprecedented account is “an essential contribution to our understanding of slavery and the Civil War" (The Philadelphia Inquirer). In this unprecedented account, Chandra Manning With stunning poise and narrative verve, Manning explores how the Union and Confederate soldiers came to identify slavery as the central issue of the war and what that meant for a tumultuous nation. This is a brilliant and eye-opening debut and an invaluable addition to our understanding of the Civil War as it has never been rendered before.