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Description

In the grim decades after the Civil War, Southerners dreamed of industrial growth and agricultural diversification. In this study, Mr. Moore traces the development and changes that took place in the Old Dominion during these troubled postbellum years.

The state’s massive debt burden touched off an upheaval, splintering the electorate into competing Funder and Readjuster factions. The Funders, composed largely of the conservative farmers of eastern Virginia and the commercial classes of the towns, were committed to pay off Virginia’s prewar debt in full. The Readjusters, drawing their support from the fringe elements of society, sought a more realistic, downward adjustment of the debt.

James Tice Moore is assistant professor of history at Virginia Commonwealth University.

Publication Date

1974

Publisher

The University Press of Kentucky

Place of Publication

Lexington, KY

ISBN

9780813153643

eISBN

9780813163819

Keywords

Virginia, Virginia politics, Virginia history, Public debts, Funders, Readjusters

Disciplines

United States History

Two Paths to The New South: The Virginia Debt Controversy, 1870–1883
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