Jump to ContentJump to Main Navigation
Builders of a New SouthMerchants, Capital, and the Remaking of Natchez, 1865-1914$
Users without a subscription are not able to see the full content.

Aaron D. Anderson

Print publication date: 2013

Print ISBN-13: 9781617036675

Published to University Press of Mississippi: March 2014

DOI: 10.14325/mississippi/9781617036675.001.0001

Show Summary Details
Page of

PRINTED FROM Mississippi SCHOLARSHIP ONLINE (www.mississippi.universitypressscholarship.com). (c) Copyright University Press of Mississippi, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in MSSO for personal use.date: 27 January 2021

A Dangerous Business

A Dangerous Business

(p.180) Chapter 6 A Dangerous Business
Builders of a New South

Aaron D. Anderson

University Press of Mississippi

This chapter discusses the Natchez business environment during the last half of the nineteenth century. The constrained postwar labor market, depressed cotton prices, changing international cotton markets, emergent cotton futures trading, debilitating reliance upon outside credit, and enduring dearth of significant local capital all combined to ensure a volatile business environment. Merchants in particular felt this pressure, not only as the leading providers of petty agricultural and consumer credit but also as the prime keepers and perpetuators of an unequal and pernicious system of liens and credit that poisoned the future growth of Natchez. At least half of all postwar Natchez merchants succumbed to failure between 1865 and 1910.

Keywords:   Natchez, business environment, volatility, business failure

University Press of Mississippi requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us.