01:512:103 Lecture Notes - Lecture 11: Cotton Gin, Manumission, Denmark Vesey

• School: Rutgers University
• Department: American History Courses
• Course: 01:512:103
• Professor: petersilver

Document Summary

Chapter 11 - cotton, slavery, and the old south. 1)the cotton economy: the rise of king cotton i)19th century upper south (va, md, nc) cultivated tobacco, but unstable prices and exhaustive of soil. By 1830s upper south began to grow wheat, tobacco growing shifted westward. De(cid:373)a(cid:374)d for cotton growing b/c of rise of textile industry in gb 1820s/30s and new england. 1840s/50s new lands and expansion to meet new demand iii)beginning 1820s production of cotton moved westward into alabama, mississippi, la, By 1850s dominated economy i(cid:448)(cid:895) (cid:862)lo(cid:449)er outh(cid:863)/ (cid:862)cotto(cid:374) ki(cid:374)gdo(cid:373)(cid:863) attra(cid:272)ted (cid:373)a(cid:374)y seeking profits, also slaves: southern trade and industry i)business classes and manufacturers unimportant, slow growth + mainly in upper. Non-farm commercial sectors mainly served needs of plantation economy- brokers who marketed crops, acted as merchants and lenders ii)primitive banking system did not allow for structures necessary for industrial development.