ENGLISH

A House Dividing: Economic Development in Pennsylvania and Virginia Before the Civil War (Studies in Economic History and Policy)

By John Majewski

Book information

Publisher
Cambridge University Press
Year
2000
ISBN
9780521590235
Google Books ID
RtvARIjfeP4C
Open Library ID
OL7747422M
Language
english
Format
PDF
Filesize
5 MB (5044961 bytes)
Series
Studies in Economic History and Policy'',
Pages
234\234
Orientation
yes
Scanned
yes
Time added
2011-08-31 04:54:40

Description

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.

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