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Debt, investment, slaves :

Kilbourne, Richard Holcombe.

Debt, investment, slaves : credit relations in East Feliciana Parish, Louisiana, 1825-1885 / Richard Holcombe Kilbourne, Jr. ; foreword by Gavin Wright. - Tuscaloosa, Ala. : University of Alabama Press, �1995. - 1 online resource (xvii, 201 pages) : illustrations

Includes bibliographical references (pages 173-193) and index.

Foreword; Acknowledgments; Glossary; Introduction; 1. The Origins of the Antebellum Credit System: The Accommodation Endorser; 2. The Emergence of Factors as Investment Bankers; 3. Securing Antebellum Credit Transactions with Slaves; 4. The Nemesis of Prewar Debt; 5. The Truncation of the Factorage System; 6. Decline and Default; 7. Tenants, Sharecroppers, and Furnishers; Appendix; Notes; Bibliography; Index

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A thorough survey of parish mortgage records and other manuscript collections led to the conclusion that most credit relationships, collateralized and uncollateralized, were grounded in slave property as opposed to land or other forms of wealth. Uncollateralized debt was directly dependent on the relative wealth of parish residents, and the bulk of most portfolios consisted of slaves. Emancipation and the Civil War occasioned a monumental credit implosion from which the local economy never recovered, at least for the remainder of the 19th century. Kilbourne make.


Electronic reproduction.
[S.l.] :
HathiTrust Digital Library,
2010.


Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
http://purl.oclc.org/DLF/benchrepro0212

0585161682 9780585161686

94005785


1800-1899


Credit--History--Louisiana--East Feliciana Parish--19th century.
Slavery--History--Louisiana--East Feliciana Parish--19th century.
Debt--History--Louisiana--East Feliciana Parish--19th century.
BUSINESS & ECONOMICS--Finance.
Credit.
Debt.
Slavery.
Kredietwaardigheid.
Slaven (arbeid)
Onderpanden.


Louisiana--East Feliciana Parish.


Electronic book.
Electronic books.
History.

HG3756.U54 / K55 1995eb

332.7/0976316