[Epub] ↠ The Reconstruction of Southern Debtors: Bankruptcy After the Civil War (Studies in the Legal History of the South) Author Elizabeth Lee Thompson – 9tvuk.us

The Reconstruction of Southern Debtors: Bankruptcy After the Civil War (Studies in the Legal History of the South)Based On A Careful Empirical Study Of Nearly Four Thousand Cases Filed In Three Southern Federal Districts, This Book Focuses On How The Bankruptcy Act Of 1867 Helped Shape The Course And Outcome Of Reconstruction Although Passed By A Republican Dominated Congress That Was Commonly Viewed As Punitive Toward The Post Civil War South, The Bankruptcy Act Was A Great Benefit To Southerners In This First Study Of The Operation Of The 1867 Act, Elizabeth Lee Thompson Challenges Previous Works, Which Maintain That Nineteenth Century Southerners Uniformly Opposed Federal Bankruptcy Laws As Threatening Extensions Of Federal Power To The Contrary, Thompson Finds That Southerners, Faced With The War S Devastation, Were Likely To File For Bankruptcy Than Debtors In Other Parts Of The Country The Act Thus Was The Major Piece Of Federal Economic Legislation That Benefited Southerners During Reconstruction.Thompson Determines That Because The Vast Majority Of The Bankruptcy Act S Southern Beneficiaries Were Propertied White Men, The Legislation Served To Stabilize And Entrench The Postwar Economic And Thus Social And Political Power Of The Sector That Included Those Who Were Recently Leading Secessionists And Confederates Their Participation In A Federal Process, Through Federal Tribunals, During An Era Of Intense White Southern Opposition To Policies Emanating From Washington Reveals The Complex Interaction Of States Rights Ideology And Self Interest However, Thompson Shows, White Southerners Ultimately Sacrificed Neither In Relation To The Bankruptcy Act After Thousands Had Received Economic Relief Through The Statute And The Number Of Filings Had Slowed To A Trickle, Southern Congressmen Supported The Act S Repeal In 1878.

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[Epub] ↠ The Reconstruction of Southern Debtors: Bankruptcy After the Civil War (Studies in the Legal History of the South) Author Elizabeth Lee Thompson – 9tvuk.us
  • Hardcover
  • 222 pages
  • The Reconstruction of Southern Debtors: Bankruptcy After the Civil War (Studies in the Legal History of the South)
  • Elizabeth Lee Thompson
  • English
  • 07 March 2017
  • 9780820326245

11 thoughts on “The Reconstruction of Southern Debtors: Bankruptcy After the Civil War (Studies in the Legal History of the South)

  1. says:

    Thompson s study of post Civil War bankruptcy may be the first and only empirical study of the Reconstruction Era version of U.S bankruptcy law In The Reconstruction of Southern Debtors Bankruptcy after the Civil War Thompson samples three southern states to determine who filed bankruptcy and why during the brief period a decade or so that bankruptcy was considered a reconstruction policy prior to becoming a permanent fixture in federal law As a scholarly work, this book does provide some interesting insight into bankruptcy policy during the reconstruction period As a scholarly work, rather than historical rendering, the appeal of this work is likely limited to those who are in and around the insolvency industry.Although well written, and seemingly well researched, Thompson s work suffers from two apparent bias problems Thompson seems to posit two policy issues that are inter woven throughout the book 1 the apparent hypocrisy of federal government hating southerners who nonetheless utilized federal bankruptcy, and 2 the near total absence of African American debtors using the 1867 Bankruptcy Act As most modern works are inclined to do, Thompson seems to long for a punitive Reconstruction Moreover, even though sh...

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