A House Dividing

Economic Development in Pennsylvania and Virginia before the Civil War

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Hardcover | 15 November 2000

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236 Pages

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22.86 x 15.24 x 1.75

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A House Dividing compares Virginia and Pennsylvania to answer a crucial question of American history: how did slavery undermine the development of the southern economy? Extensive archival research reveals that in the first decades of the nineteenth century, local residents in each state financed transportation improvements to raise land values and spur commercial growth. In the 1830s, however, Philadelphia capitalists began financing Pennsylvania's railroad network, eventually building integrated systems that reached deep within the Midwest. Virginia's railroads, still dependent upon local investment and funds from the state government, remained a collection of local lines without western connections. The lack of a great city that could provide capital and traffic for large-scale railroads was the Achilles' heel of Virginia's slave economy. The chains of slavery, Virginians learned to their dismay, also shackled the invisible hand of the market.

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'This scholarly work is also a very pleasurable read.' Open History

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You Can Find This Book In

Non-Fiction History Regional & National History History of the Americas Economics Economic History Military History American Civil War Earliest Times to Present Day Modern History from 1700 to 1900 Transportation Trains & Railways in General

Development Economics & Emerging Economies

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Published: 30th March 2006

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Acknowledgments
Introduction: Regional Development in Comparative Perspective
Developmental corporations in a slave-labor society
Developmental corporations in a free-labor society
Railroads and local development
The local politics of market development
Urban capital and the superiority of Pennsylvania's transportation network
Why Antebellum Virginians never developed a big city
Epilogue
Appendix
Bibliography
Index
Table of Contents provided by Publisher. All Rights Reserved.

A House Dividing

Economic Development in Pennsylvania and Virginia before the Civil War

At a Glance

Hardcover

Industry Reviews

Shipping

How to return your order

Defective items

You Can Find This Book In

Other Editions and Formats

Paperback

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