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A House Dividing

A House Dividing

Hardcover

Series: Studies in Economic History and Policy

Economics19th Century United States History

ISBN10: 052159023X
ISBN13: 9780521590235
Publisher: Cambridge University Press
Published: Jun 19 2000
Pages: 236
Weight: 1.00
Height: 0.76 Width: 6.29 Depth: 9.36
Language: English
Professor Majewski compares Virginia and Pennsylvania to explain how slavery undermined the development of the southern economy. In the beginning of the nineteenth century, residents in each state financed transportation improvements to raise land values and spur commercial growth. However, by the 1830s, Philadelphia capitalists began financing Pennsylvania's railroad network, building integrated systems that reached the Midwest. Virginia's railroads remained a collection of lines without western connections. The lack of a major city that could provide capital and traffic for large-scale railroads was the weakness of Virginia's slave economy.

Also in

19th Century United States History