Slave Agriculture and Financial Markets in Antebellum America: The Bank of the United States in Mississippi, 1831-1852 (Financial History)

Slave Agriculture and Financial Markets marks an important chapter in the study of Antebellum southern slavery and the credit system. Kilbourne analyzes 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. "Slave Agriculture and Financial Markets marks an important chapter in the study of antebellum southern slavery and the credit system. Using the Mississippi branch of the Second Bank of the United States as a case study, Kilbourne analyses the way intermediaries, such as chartered banks and commercial partnerships, were used to finance slave agriculture. he details how the Bank supported 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 major archives which have never been studied before."--Jacket Offers the study of Antebellum southern slavery and the credit system. This work explains how the Bank of the United States supported the government's and the nation's credit abroad by providing seemingly limitless credit facilities to southern planters, especially in the territories along the lower Mississippi River. By Richard Holcombe Kilbourne, Jr. Includes Bibliographical References (p. 190-196) And Index.