HIS 3728 Chapter Notes - Chapter 11: Burham, The Greenville News, Edwin Holt
Document Summary
Chapter 11: social change in the post- reconstruction era. Railroads were built and expanded across the state which brought consequences. Spread of new economic system based on the market. Market revolution help to spread commercially based farming. Farmers more dependent on credit and more exposed to ups and downs of national and international market cycles. Railroads were the only good method of transportation in north carolina they helped influence commerce, social life, and residential. The fiscally responsible redeemers made it their policy to withdraw public involvement and railroads by leasing state-owned rail lines to private investors. 1894 northern capitalist jp morgan organized southern railroad company. Southern railway system of 1894 operating east-west connections of the north. Carolina railroad and north-south connections of richmond and danville. Atlantic coast line system of 1900 included wilmington and weldon railroad. Seaboard air line system of 1900 included raleigh and gaston and connected.
