Download Cotton City : urban development in antebellum Mobile by Harriet E. Amos Doss PDF

By Harriet E. Amos Doss

Antebellum cellular was once a cotton port urban, and fiscal dependence upon the North created via the cotton alternate managed the city’s development. Mobile’s export alternate positioned the town 3rd after manhattan and New Orleans in overall price of exports for the kingdom via 1860. Because the exports consisted nearly completely of cotton headed for Northern and overseas fabric generators, cellular trusted Northern businessmen for advertising and marketing services. Nearly the entire city’s imports have been from manhattan: cellular had the worst export-import imbalance of all antebellum ports.
 
As the amount of cotton exports elevated, so did the city’s population—from1,500 in 1820 to 30,000 in 1860. Amos’s examine delineates the root for Mobile’s progress and the ways that citizens and their executive promoted progress and tailored to it. Because a number of the ny banking, delivery, and advertising organisations maintained neighborhood businesses, an important variety of Northern-born businessmen participated commonly in civic affairs. This has afforded the writer the chance to discover the North-South courting in financial and private phrases, in a single very important urban, in the course of a interval of accelerating sectional tension.

 

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Extra info for Cotton City : urban development in antebellum Mobile

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Niles) Register sarcastically wondered why the supporters of the bill refrained from attempting to regulate the prices also oflands, slaves, and cotton. 29 Legislators never mustered enough votes to pass a bill regulating commissions, so the controversy over charges lingered for many years. Critics of Mobile factors in 1837 proposed the erection of a public 32 COTTON CITY warehouse with state agents to take over the cotton storage. Representatives from counties in the interior, where planters felt victimized by factors, sponsored bills in the legislature to counteract alleged abuses in the sale of cotton.

A jury rather than a court had to draw the distinction. 34 Transactions in cotton demanded extensive credit and other financial services offered by banks. Close ties between banking and commerce often meant that banks suffered from the fluctuations of the cotton market as much as any other segment of the economy. The only local bank that successfully withstood all financial crises in the antebellum era was the Bank of Mobile. An unusual charter granted by the state legislature in 1819 allowed the Bank of Mobile to open with reserves in gold and silver of only $8,750, a liberal provision designed for COTTON CITY a period of financial stringency when specie was scarce.

Eslava, and Joseph Krebs, real estate developers. ,4·05. They opened subscription books for 500 shares of stock at $100 each. Soon they sold enough shares to finance construction of the rail line running parallel to the bay five miles from the city to Dog River. Service began on this first section of the route in 1837 with one locomotive. Much of the route was graded south of the river, but a bridge needed to cross Dog River was not built before the Panic of 1837 disrupted work on the line. Bankrupted, the company never completed the railroad.

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