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Turning Points in the U.S. Civil War: A British Perspective

Published online by Cambridge University Press:  26 July 2012

William O. Brown Jr  and
Richard C. K. Burdekin
William O. Brown Jr
Affiliation:
William O. Brown Jr. is Assistant Professor and Richard C. K. Burdekin is Professor, Department of Economics, Claremont MeKenna College, 500 E. Ninth Street, Claremont, CA 91711. E-mail:william_brown@mckenna.edu; and richar_dburdekin@mckenna.edu.
Richard C. K. Burdekin
Affiliation:
William O. Brown Jr. is Assistant Professor and Richard C. K. Burdekin is Professor, Department of Economics, Claremont MeKenna College, 500 E. Ninth Street, Claremont, CA 91711. E-mail:william_brown@mckenna.edu; and richar_dburdekin@mckenna.edu.
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Extract

This article examines the Confederate cotton bonds floated in Europe in March 1863 and traded on the London market. Over a 27 March 1863 to 17 June 1865 sample we isolate two, nonreversed, “turning points” that follow news of Confederate defeat at Gettysburg and Vicksburg in July 1863 and the fall of Atlanta in September 1864.

Type
Articles
Information
The Journal of Economic History , Volume 60 , Issue 1 , March 2000 , pp. 216 - 231
Copyright
Copyright © The Economic History Association 2000

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