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.
Reviews
'a very important study that no student ... can afford to ignore.' Business History Review 'a nuanced qualitative history of credit relations in the antebellum South.' Journal of American Studies 'Kilbourne provides new insights for understanding microfinance in the antebellum period. In particular, [his] analysis of problems encountered in liquidating assets of the failed United States Bank provides important insights into the financing of the slaved-based economy. Summing Up: Recommended.' CHOICE