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 system. before everything of the 19th century, citizens in each one country financed transportation advancements to elevate land values and spur advertisement development. notwithstanding, by means of the 1830s, Philadelphia capitalists started financing Pennsylvania's railroad community, development built-in structures that reached the Midwest. Virginia's railroads remained a set of strains with no western connections. the inability of an immense urban which could offer capital and site visitors for large-scale railroads used to be the weak point of Virginia's slave economic climate.

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Extra info for A House Dividing: Economic Development in Pennsylvania and Virginia Before the Civil War (Studies in Economic History and Policy)

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62 We should not take these glowing self-assessments (the staple crop of American boosterism) at face value, but tax valuations tell a similar story. 2). In Charlottesville, the value of a town lot increased about 82 percent over this period. The increase was fueled, in part, because there were more buildings - vacant or undeveloped lots were replaced with stores, workshops, and other businesses. Even if one takes into account the greater number of buildings, the "intrinsic value" of lots (total value minus the value of buildings) more than doubled.

Rural historians have sometimes interpreted the lack of interest of ordinary farmers in agricultural reform as part of a general hostility to the commercialization of agriculture and market imperatives. A more straightforward economic explanation is that wealthy planters had the time, money, and education to experiment with expensive and untried fertilizers, crop rotations, and livestock breeds; they could well afford to make mistakes that might mean bankruptcy for a smaller farmer. In many ways, the farmer who steadfastly ignored the "book farming" was more rational than the enthusiastic reformer.

23-38. " Once every three weeks club members would meet at the farm of a member to evaluate its operation. Members would then dine with the owner of the farm "to discuss, in an orderly and temperate manner by conversation and not by speeches" agricultural matters. 40 Gentleman planters dominated the early agricultural societies and clubs. 41 Traditionalism aside, the hesitation among ordinary farmers was understandable: They could little afford the expense of adopting unproven fertilizers and implements.

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