"paying for the war" Topic
4 Posts
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doc mcb | 18 May 2022 2:23 p.m. PST |
link A new book by Roger Lowenstein, Ways and Means: Lincoln and His Cabinet and the Financing of the Civil War, provides an excellent introduction. |
Blutarski | 18 May 2022 6:30 p.m. PST |
Hi doc, Lowenstein's argument about a comparatively sluggish post-war Southern economic recovery puzzled me. AIUI, the southern states had regained their status as the world's largest regional cotton producer by the late 1870s ….. despite the loss of a major part of the South's wealth by uncompensated mass emancipation of the plantation slave population, the political chaos of the immediate postwar years and the need to rebuild much of the economic infrastructure. Does the author provide any further commentary in support of this view? B |
Bill N | 19 May 2022 6:29 a.m. PST |
I read it and was somewhat disappointed. |
doc mcb | 19 May 2022 8:30 a.m. PST |
It s a book review, and short, but yes, I raised an eyebrow about the south's tardiness in economic growth. The public school systems were behind the rest of the nation but remember that they did not exist, or barely, pre-war. So they had a lot of ground to catch up. I was in the last segregated graduating class, 1964, in Longview's (Texas) high school, and four of us went to Rice University, which is HIGHLY selective. And we were all about as well prepared as our classmates, although Longview was a smallish town (under 40k population). Our honors classes in English and math were excellent. But you have only to look at Birmingham ALA to see some vibrant southern economic growth post-war. It was uneven, and averages probably are misleading. |
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