Banking in the American South from the Age of Jackson to Reconstruction presents a thorough review of the early banking history of the South by analyzing the division between banking policies and economic ideas in the states of the Old and the New South. Larry Schweikart's study revises previous research in many ways. It is unique in its focus on southern banks and the relationships between banks, politics, and the economy. Schweikart discusses bank operations, laws governing banks, the effects

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... of various national regional crises and booms, and the relationship between banks and capital supply. This study shows how most banking systems were destroyed during the Civil War by Confederate bond issues, inflation, taxation, and the Union occupation, and how the destruction of southern banks severely retarded attempts to reestablish the southern economy after the war. 135.00