Cotton
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An 1838 magazine article on American cotton culture and its link to the currency question, drawn from the Secretary of the Treasury's report on cotton. It sketches the introduction of upland and sea-island cotton in South Carolina and Georgia and the effect of Eli Whitney's saw-gin of 1793. Most of the text covers cotton price swings, the Bank of England, the Bank of the United States, the Specie Circular, the suspension of specie payments, and the panics of 1825 and 1837. The author defers the history of cotton manufacture to later issues.
- Type
- Article
- Date
- March 1838
- Language
- English
- Pages
- 20
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From Ralph Griswold's Digital Archive, delivered by the University of Arizona.
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