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Who Financed the Transportation Revolution? Regional Divergence and Internal Improvements in Antebellum Pennsylvania and Virginia

Published online by Cambridge University Press:  03 March 2009

John Majewski
John Majewski
Affiliation:
Assistant Professor in the history department at the University of California, Santa Barbara, CA 93106.
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Abstract

Comparing investment in transportation companies in Albemarle county, Virginia, and Cumberland county, Pennsylvania, I analyze why nineteenth-century internal improvements revolutionized the northern economy, but only seemed to increase the South's dependence upon plantation agriculture. In both counties local investors and financed early improvements.

Type
Articles
Information
The Journal of Economic History , Volume 56 , Issue 4 , December 1996 , pp. 763 - 788
Copyright
Copyright © The Economic History Association 1996

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