Richard Holcombe Kilbourne, Jr
Slave Agriculture and Financial Markets marks an important chapter in the study of Antebellum southern slavery and the credit system. Kilbourne analyses the systems which credit intermediaries such as chartered banks and commercial partnerships used to finance slave agriculture, using the Mississippi branch of the Second Bank of the United States as a case study. He explains in detail how the Bank supported the government’s and the nation’s credit abroad by providing apparently limitless credit facilities to southern planters along the Mississippi river.
This ground-breaking new book draws heavily on the only extant full collection of records from the Second Bank of the United States. It is the first major scholarly undertaking to exploit this archive.
US History, Financial History, History of Slavery and Atlantic Studies
Introduction
Chapter 1: Exchange and Money Markets
Chapter 2: The Bank of the United States in Mississippi, 1831–6
Chapter 3: Pennsylvania and Mississippi; The United States Bank, 1836–41
Chapter 4: Assignments, Preferences and Trusts: The Failed Bank of the United States in the Courts of Mississippi and the Nation
Chapter 5: The Business of Making Collections
Conclusion
Notes
Bibliography
'Kilbourne provides new insights for understanding microfinance in the antebellum period. In particular, [his] analysis of problems encountered in liquidating assets of the failed United States Bank provides important insights into the financing of the slaved-based economy. Summing Up: Recommended.'
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