Friday, May 7, 2010, 3:00 - 5:00PM
The War of the Monkey Jackets: Anglo-American Trade, Cheap Goods,
and the Panic of 1819
Scott Nelson, College of William and Mary
Commentators: Bruce Levine, University of Illinois at Urbana-Champaign, and James Schmidt, Northern Illinois University
Since its inception the New Labor history has relied on the so-called “market revolution” to account for America’s industrialization post-1815. This reified “revolution” centers on the factory floor, deferring discussion of international trade to the late twentieth century. This will not do. This paper explores cheap British woolens "dumped" on American shores after the Napoleonic wars, an 1816-19 Anglo-American trade war, and how both contributed to the Panic of 1819. This paper examines global commodity chains, American banking practices, Schumpeterian crash theory, and 19th century haberdashery. Part of the author’s forthcoming book, Crash: An Uncommon History of America’s Financial Disasters.
The Newberry Library Seminar in Labor History
Co-sponsored by the History Departments of Northern Illinois University, Northwestern University, the University of Illinois at Chicago, University of Illinois at Urbana-Champaign, and the Labor and Working Class History Association
All papers are pre-circulated electronically to those who plan to attend the seminar in person. For a copy of the paper, e-mail Heather Radke at firstname.lastname@example.org,or call (312) 255-3524.
Scholl Center for
American History and Culture
60 W. Walton St.
Chicago IL 60610
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