Southern Wealth and Northern Profits
208 pages, 5 1/2 x 8 1/2
Paperback
Release Date:08 Aug 2003
ISBN:9780817350123
Southern Wealth and Northern Profits
By Thomas P. Kettell; Introduction by Fletcher M. Green
University of Alabama Press
“This able work addresses itself peculiarly to the patriotism and interests of the American people, at this juncture, when it has become the duty of every good citizen, whatever may be his political creed, to aid in spreading the light of that truth which alone is depended upon to ‘combat error where the press is free.’”
Thomas Prentice Kettell was an outstanding spokesman of that group of pre-Civil War Northerners who earnestly believed that it was possible to save their country from the horrors of a sectional conflict, who worked many years to prevent the threatened dissolution of the Union, but zealously supported the national government during the Civil War in the hope that military victory would achieve what thirty years of wrangling, negotiation, and compromise had failed to accomplish-namely the preservation of a united North and South. Most of this Northern group were linked by economic ties to the planters of the South. As merchants, shippers, and financiers they largely depended upon the cotton trade for much of their prosperity; hence they opposed governmental policies which they believed would disturb their connections with the South and the foundations on which their economic prosperity and well being rested. But the fact that their ideas and position were founded on selfish economic interests did not make their action dishonest or unpatriotic.
Southern Wealth and Northern Profits was favorably received in the South where Kettell’s free trade principles, sympathetic attitude toward slavery, and his interest in Southern economic development had long been known. Moderate Southerners hoped the book might be helpful toward a compromise that would prevent secession, whereas radicals hoped it would further the cause of secession.
Thomas Prentice Kettell was an outstanding spokesman of that group of pre-Civil War Northerners who earnestly believed that it was possible to save their country from the horrors of a sectional conflict, who worked many years to prevent the threatened dissolution of the Union, but zealously supported the national government during the Civil War in the hope that military victory would achieve what thirty years of wrangling, negotiation, and compromise had failed to accomplish-namely the preservation of a united North and South. Most of this Northern group were linked by economic ties to the planters of the South. As merchants, shippers, and financiers they largely depended upon the cotton trade for much of their prosperity; hence they opposed governmental policies which they believed would disturb their connections with the South and the foundations on which their economic prosperity and well being rested. But the fact that their ideas and position were founded on selfish economic interests did not make their action dishonest or unpatriotic.
Southern Wealth and Northern Profits was favorably received in the South where Kettell’s free trade principles, sympathetic attitude toward slavery, and his interest in Southern economic development had long been known. Moderate Southerners hoped the book might be helpful toward a compromise that would prevent secession, whereas radicals hoped it would further the cause of secession.
Thomas Prentice Kettell (1811—1878) was a 19th-century American political economist, magazine editor, and author. He was a well-known economic commentator from the 1840s through the American Civil War.Kettell wrote for the New York Herald starting in 1835 as a financial columnist. He also wrote for Hunt’s Magazine and later edited The United States Magazine and Democratic Review.
He founded United States Economist in 1852. The magazine later expanded its title to United States Economist, Dry Good Reporter, and Bank, Railroad and Commercial Chronicle. He had some success in styling his magazines as American competitors to the British publication The Economist.
Fletcher Melvin Green, educator and distinguished historian of the South, was born near Gainesville, Ga., the son of Robert Chambers and Mary Mahala Haynes Green. He received his early education in Murraysville, a small community in Hall County adjacent to Gainesville, and he began his college studies at Emory-at-Oxford.Green was regarded by many as the dean of Southern historians, not only by virtue of his scholarship, but even more because of his accomplishments as a teacher and director of graduate students. He was an able lecturer whose best-known courses, "The Old South" and "The South Since Reconstruction," were always popular.
He founded United States Economist in 1852. The magazine later expanded its title to United States Economist, Dry Good Reporter, and Bank, Railroad and Commercial Chronicle. He had some success in styling his magazines as American competitors to the British publication The Economist.
Fletcher Melvin Green, educator and distinguished historian of the South, was born near Gainesville, Ga., the son of Robert Chambers and Mary Mahala Haynes Green. He received his early education in Murraysville, a small community in Hall County adjacent to Gainesville, and he began his college studies at Emory-at-Oxford.Green was regarded by many as the dean of Southern historians, not only by virtue of his scholarship, but even more because of his accomplishments as a teacher and director of graduate students. He was an able lecturer whose best-known courses, "The Old South" and "The South Since Reconstruction," were always popular.
