Download A House Dividing: Economic Development in Pennsylvania and by John Majewski PDF
By John Majewski
Professor Majewski compares Virginia and Pennsylvania to provide an explanation for how slavery undermined the advance of the southern economic climate. firstly of the 19th century, citizens in each one kingdom financed transportation advancements to elevate land values and spur advertisement progress. notwithstanding, through the 1830s, Philadelphia capitalists all started financing Pennsylvania's railroad community, development built-in structures that reached the Midwest. Virginia's railroads remained a set of traces with no western connections. the shortcoming of an important urban which could supply capital and site visitors for large-scale railroads was once the weak point of Virginia's slave financial system.
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Additional resources for A House Dividing: Economic Development in Pennsylvania and Virginia Before the Civil War (Studies in Economic History and Policy)
Example text
821. 17 Compared to the high returns that the new cotton planters of the Southwest could reap, Albemarle's planters and farmers seemed mired in a stagnating economy. The reminiscences of planter Edmund Ruffin about his own county of Prince George probably applied to Albemarle as well: "There was scarcely a proprietor ... who did not desire to sell his land, and who was prevented only by the impossibility of finding a purchaser, unless at half of the then very low estimated value. "18 Planters often blamed tobacco, which had a notorious reputation for depleting the soil, for stagnant land values.
For an excellent overview of the end of the frontier in the Virginia Piedmont, see Kulikoff, Tobacco and Slaves, pp. 157-61. Quoted in Merrill, Jefferson's Nephews, p. 45. Moore reports that this shift began as early as the Revolution, when international tobacco markets were increasingly difficult to reach and the demand for grain (spurred in part from an influx of prisoners of war into Albemarle) surged. See Jefferson's Albemarle, pp. 56-58. Quoted in Merrill, Jefferson's Nephews, p. 47. Developmental Corporations in a Slave-Labor Society 19 financial predicament of accumulating debt undoubtedly led him to exaggerate the hardship that planters often faced, but he nevertheless accurately captured the perception that Albemarle's economy was headed for further decline.
Two main rivalries developed in the late eighteenth century: one between Charlottesville and Milton in the central portion of the county, the other between Warren and Scottsville in the southern part. Despite the heated competition, the more established towns of Charlottesville and Scottsville won their respective contests. Although Milton was located at the head of navigation for the Rivanna River, planters and farmers west of the town had to traverse a series of difficult hills to reach its warehouses and mills.