University of Missouri Press, 2019 Cloth: 978-0-8262-2183-4 | eISBN: 978-0-8262-7425-0 Library of Congress Classification HB3717 1819.B76 2019 Dewey Decimal Classification 330.973054
ABOUT THIS BOOK | AUTHOR BIOGRAPHY | REVIEWS | TOC | REQUEST ACCESSIBLE FILE
ABOUT THIS BOOK
The Panic of 1819 tells the story of the first nationwide economic collapse to strike the United States. Much more than a banking crisis or real estate bubble, the Panic was the culmination of an economic wave that rolled through the United States, forming before the War of 1812, cresting with the land and cotton boom of 1818, and crashing just as the nation confronted the crisis over slavery in Missouri.
The Panic introduced Americans to the new phenomenon of boom and bust, changed the country's attitudes towards wealth and poverty, spurred the political movement that became Jacksonian Democracy, and helped create the sectional divide that would lead to the Civil War. Although it stands as one of the turning points of American history, few Americans today have heard of the Panic of 1819, with the result that we continue to ignore its lessons—and repeat its mistakes.
AUTHOR BIOGRAPHY
Andrew H. Browning was educated at Princeton and the University of Virginia. He has taught history in Washington, D.C., Honolulu, and Portland, Oregon.
REVIEWS
"The title of Mr. Browning's fine and formidable history only hints at its scope. "The Panic of 1819" is, in fact, a political, social and financial history of the U.S., before, during and after America's first great depression."—Wall Street Journal
“A serious work on a vital topic.”—Daniel S. Dupre, University of North Carolina at Charlotte, author of Alabama’s Frontiers and the Rise of the Old South
"Andrew Browning has written a lively and thoroughly-researched account of economic conditions in the decades surrounding the Panic of 1819. As the first comprehensive, book-length consideration of the panic in over fifty years, it is rich and absolutely first rate."—William J. Hausman, Chancellor Professor of Economics, College of William & Mary, author of Global Electrification: Multinational Enterprise and International Finance in the History of Light and Power, 1878-2007
TABLE OF CONTENTS
Contents
Acknowledgments
Introduction
Chapter One. The Legacy of Napoleon: Embargo, War, and Peace
Chapter Two. Three Revolutions: Market, Transportation, Corporation
Chapter Three. Volcano Weather
Chapter Four. Alabama Fever: “I Must Go West and Plant”
Chapter Five. Bank Expansion: “Frothy Bubbles”
Chapter Six. Bank Contraction:“The Axe Must Be Applied to the Root of the Evil”
Chapter Seven. Hard Times in the East:“A Long Continuation of Distress”
Chapter Eight. Hard Times in the West: “Reflections Which Almost Unmans Me”
Chapter Nine. Relief ?
Chapter Ten. The Politics of Corruption and the Corruption of Politics
Chapter Eleven. A House Dividing: The Panic of 1819 and the Growth of Sectionalism
Notes
Bibliography
Index
REQUEST ACCESSIBLE FILE
If you are a student who cannot use this book in printed form, BiblioVault may be able to supply you
with an electronic file for alternative access.
Please have the accessibility coordinator at your school fill out this form.
University of Missouri Press, 2019 Cloth: 978-0-8262-2183-4 eISBN: 978-0-8262-7425-0
The Panic of 1819 tells the story of the first nationwide economic collapse to strike the United States. Much more than a banking crisis or real estate bubble, the Panic was the culmination of an economic wave that rolled through the United States, forming before the War of 1812, cresting with the land and cotton boom of 1818, and crashing just as the nation confronted the crisis over slavery in Missouri.
The Panic introduced Americans to the new phenomenon of boom and bust, changed the country's attitudes towards wealth and poverty, spurred the political movement that became Jacksonian Democracy, and helped create the sectional divide that would lead to the Civil War. Although it stands as one of the turning points of American history, few Americans today have heard of the Panic of 1819, with the result that we continue to ignore its lessons—and repeat its mistakes.
AUTHOR BIOGRAPHY
Andrew H. Browning was educated at Princeton and the University of Virginia. He has taught history in Washington, D.C., Honolulu, and Portland, Oregon.
REVIEWS
"The title of Mr. Browning's fine and formidable history only hints at its scope. "The Panic of 1819" is, in fact, a political, social and financial history of the U.S., before, during and after America's first great depression."—Wall Street Journal
“A serious work on a vital topic.”—Daniel S. Dupre, University of North Carolina at Charlotte, author of Alabama’s Frontiers and the Rise of the Old South
"Andrew Browning has written a lively and thoroughly-researched account of economic conditions in the decades surrounding the Panic of 1819. As the first comprehensive, book-length consideration of the panic in over fifty years, it is rich and absolutely first rate."—William J. Hausman, Chancellor Professor of Economics, College of William & Mary, author of Global Electrification: Multinational Enterprise and International Finance in the History of Light and Power, 1878-2007
TABLE OF CONTENTS
Contents
Acknowledgments
Introduction
Chapter One. The Legacy of Napoleon: Embargo, War, and Peace
Chapter Two. Three Revolutions: Market, Transportation, Corporation
Chapter Three. Volcano Weather
Chapter Four. Alabama Fever: “I Must Go West and Plant”
Chapter Five. Bank Expansion: “Frothy Bubbles”
Chapter Six. Bank Contraction:“The Axe Must Be Applied to the Root of the Evil”
Chapter Seven. Hard Times in the East:“A Long Continuation of Distress”
Chapter Eight. Hard Times in the West: “Reflections Which Almost Unmans Me”
Chapter Nine. Relief ?
Chapter Ten. The Politics of Corruption and the Corruption of Politics
Chapter Eleven. A House Dividing: The Panic of 1819 and the Growth of Sectionalism
Notes
Bibliography
Index
REQUEST ACCESSIBLE FILE
If you are a student who cannot use this book in printed form, BiblioVault may be able to supply you
with an electronic file for alternative access.
Please have the accessibility coordinator at your school fill out this form.
It can take 2-3 weeks for requests to be filled.
ABOUT THIS BOOK | AUTHOR BIOGRAPHY | REVIEWS | TOC | REQUEST ACCESSIBLE FILE