Banking on slavery : financing Southern expansion in the antebellum United States /
"Sharon Murphy's book is a powerful and unprecedented dive into the entangled history of banking and slavery in nineteenth-century America. Slaveholders developed credit and creditworthiness by using enslaved people as collateral, and this allowed them to undertake an endless array of proj...
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| Format: | Book |
| Language: | English |
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Chicago, IL ; London :
The University of Chicago Press,
2023.
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| Series: | American beginnings, 1500-1900.
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| Subjects: |
Table of Contents:
- Introduction : banking in the nation's largest slave market
- Part I. Financing southwestern expansion through the 1810s. The limits of early bank financing of slavery
- Adapting slave financing to the needs of the frontier South during the nation's first boom and bust
- Part II. Financing an empire of slavery in the 1820s and 1830s. Old South banks and frontier finance
- Pushing financial boundaries with traditional banks
- Reimagining banking for a slave economy
- Part III. The collateral damage of the Panics of 1837 and 1839. Foreclosing (or not) on delinquent slaveholders
- Escaping debt : bankruptcy, fraud, and going to Texas
- When banks fail
- From commercial banking to private finance
- Epilogue : banks, debt, emancipation, reparations, and memory.