The Reconstruction of Southern Debtors

The Reconstruction of Southern Debtors
Author: Elizabeth Lee Thompson
Publsiher: University of Georgia Press
Total Pages: 228
Release: 2004
Genre: Law
ISBN: 0820326240

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Based on a careful empirical study of nearly four thousand cases filed in three southern federal districts, this book focuses on how the Bankruptcy Act of 1867 helped shape the course and outcome of Reconstruction. Although passed by a Republican-dominated Congress that was commonly viewed as punitive toward the post-Civil War South, the Bankruptcy Act was a great benefit to southerners. In this first study of the operation of the 1867 Act, Elizabeth Lee Thompson challenges previous works, which maintain that nineteenth-century southerners uniformly opposed federal bankruptcy laws as threatening extensions of federal power. To the contrary, Thompson finds that southerners, faced with the war’s devastation, were more likely to file for bankruptcy than debtors in other parts of the country. The Act thus was the major piece of federal economic legislation that benefited southerners during Reconstruction. Thompson determines that because the vast majority of the Bankruptcy Act’s southern beneficiaries were propertied white men, the legislation served to stabilize and entrench the postwar economic--and thus social and political--power of the sector that included those who were recently leading secessionists and Confederates. Their participation in a federal process, through federal tribunals, during an era of intense white southern opposition to policies emanating from Washington reveals the complex interaction of states' rights ideology and self-interest. However, Thompson shows, white southerners ultimately sacrificed neither in relation to the Bankruptcy Act. After thousands had received economic relief through the statute and the number of filings had slowed to a trickle, southern congressmen supported the Act’s repeal in 1878.

The Political Development of American Debt Relief

The Political Development of American Debt Relief
Author: Emily Zackin,Chloe N. Thurston
Publsiher: University of Chicago Press
Total Pages: 248
Release: 2024
Genre: Business & Economics
ISBN: 9780226832371

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"This book is about why debt relief was a salient political issue for so long and why it then ceased to be one. It is also about the United States' constitutional tradition, and the contradictions it embodies. Tracing the geographic, sectoral, and racial politics of debt relief over time--and examining the roles that social movements, interest groups, and constitutional interpretation played--Emily Zackin and Chloe N. Thurston show how the politics of debt relief has interacted with race and other social hierarchies that have conditioned both state action and debtors' opportunities to mobilize. Although the twentieth and early twenty-first century saw the erosion of debt protection, history reminds us that Americans once mounted large-scale grassroots campaigns for debt relief. These activists made radical claims about economic justice, and they reshaped constitutional law and the American state"--

Global Perspectives on Industrial Transformation in the American South

Global Perspectives on Industrial Transformation in the American South
Author: Michele Gillespie
Publsiher: University of Missouri Press
Total Pages: 252
Release: 2005
Genre: Business & Economics
ISBN: 9780826264725

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Covering the late colonial age to World War I and beyond, this collection of essays places the economic history of the American South in an international light by establishing useful comparisons with the larger Atlantic and world economy. In an attempt to dispel long-lasting myths about the South, the essays analyze the economic evolution of the South since the slave era. From this perspective, the conception of a backward, wholly agricultural antebellum South occupied only by wealthy planters, poor whites, and contented slaves has finally given way to one of economic and social dynamism as well as regional prosperity. In a coherent and cohesive progression of subjects, these essays show that the South had been deeply enmeshed in the Atlantic economy since the colonial period and, after the Civil War, retained distinctive needs that caused increasing departure from the course northerners adopted on matters of political economy. This comparative approach also helps explain the motivations behind the political choices made by the South as an eminently export-oriented region. This book shows that the South was not slower to develop with respect to industrialization than either the majority of the northern states, especially in the West, or the countries of Western Europe. In fact, the apparently disappointing performance of the New South's economy appears to be the result of more pervasive and largely uncontrollable trends that affected the national as well as the international economy. Global Perspectives on Industrial Transformation in the American South makes an important contribution to the economic history of the South and to recent efforts to place American history in a more international context.

Yale Series in Economic and Financial History

Yale Series in Economic and Financial History
Author: Mark W. Geiger
Publsiher: Yale University Press
Total Pages: 459
Release: 2010-07-27
Genre: Business & Economics
ISBN: 9780300151527

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Mark Geiger explores a financial conspiracy at the start of the American Civil War, the impact this had on the intensity of the guerilla campaigns in Missouri & the enduring ramifications for that state through the period of Reconstruction.

Moments of Despair

Moments of Despair
Author: David Silkenat
Publsiher: Univ of North Carolina Press
Total Pages: 310
Release: 2011
Genre: History
ISBN: 9780807834602

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During the Civil War era, black and white North Carolinians were forced to fundamentally reinterpret the morality of suicide, divorce, and debt as these experiences became pressing issues throughout the region and nation. In Moments of Despair, Dav

Reconstructions

Reconstructions
Author: Thomas J. Brown
Publsiher: Oxford University Press
Total Pages: 256
Release: 2008-09-23
Genre: History
ISBN: 0199723974

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The pivotal era of Reconstruction has inspired an outstanding historical literature. In the half-century after W.E.B. DuBois published Black Reconstruction in America (1935), a host of thoughtful and energetic authors helped to dismantle racist stereotypes about the aftermath of emancipation and Union victory in the Civil War. The resolution of long-running interpretive debates shifted the issues at stake in Reconstruction scholarship, but the topic has remained a vital venue for original exploration of the American past. In Reconstructions: New Perspectives on the Postbellum United States, eight rising historians survey the latest generation of work and point to promising directions for future research. They show that the field is opening out to address a wider range of adjustments to the experiences and effects of Civil War. Increased interest in cultural history now enriches understandings traditionally centered on social and political history. Attention to gender has joined a focus on labor as a powerful strategy for analyzing negotiations over private and public authority. The contributors suggest that Reconstruction historiography might further thrive by strengthening connections to such subjects as western history, legal history, and diplomatic history, and by redefining the chronological boundaries of the postwar period. The essays provide more than a variety of attractive vantage points for fresh examination of a major phase of American history. By identifying the most exciting recent approaches to a theme previously studied so ably, the collection illuminates the creative process in scholarly historical literature.

The Price of Misfortune

The Price of Misfortune
Author: Daniel Platt
Publsiher: University of Chicago Press
Total Pages: 221
Release: 2023-10-25
Genre: History
ISBN: 9780226734033

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A history of the struggle for debtors’ rights from the Civil War to the Great Depression What can be taken from someone who has borrowed money and cannot repay? What do the victims of misfortune owe to their lenders, and what can they keep for themselves? The answers to those questions, immensely important for debtors, creditors, and society at large, have changed over time. The Price of Misfortune examines the cause of debtors’ rights in the modern United States and the struggles of reformers who fought to establish financial freedoms in law. Daniel Platt shows how, in the wake of the Civil War, a range of advocates drew potent analogies between slavery, imprisonment for debt, and the experiences of wage garnishment and property foreclosure. He traces the ways those analogies were used to campaign for bold new protections for debtors, keeping them secure in their labor, property, and personhood. Yet, as Platt demonstrates, those reforms tended to assume as their ideal borrower someone who was white, propertied, and male. In subsequent decades, the emancipatory promise of debtors’ rights would be tested as women, wage earners, and African Americans seized on their language to challenge other structural inequalities: the dependency of marriage, the exploitation of industrial capitalism, and the oppression of Jim Crow. By reconstructing these forgotten developments—and recovering the experiences of indebted farmwives, sharecroppers, and wage workers—The Price of Misfortune narrates a new history of inequality, coercion, and law amid the early financialization of American capitalism.

A House Divided

A House Divided
Author: Jonathan Daniel Wells
Publsiher: Routledge
Total Pages: 291
Release: 2012-03-15
Genre: History
ISBN: 9781136519611

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The Civil War is one of the most defining eras of American history, and much has been written on every aspect of the war. The volume of material available is daunting, especially when a student is trying to grasp the overall themes of the period. Jonathan Wells has distilled the war down into understandable, easy-to-read sections, with plenty of maps and illustrations, to help make sense of the battles and social, political, and cultural changes of the era. Presented here is information on: the home front the battles, both in the East and the West the status of slaves women’s role in the war and its aftermath literature and public life international aspects of the war and much more! Students will also find helpful study aids on the companion website for the book. A House Divided provides a short, readable survey of the Civil War and the Reconstruction period afterward, focusing not only on the battles, but on how Americans lived during a time of great upheaval in the country’s history, and what that legacy has meant to the country today.