Expansion and Conflict
SPE
here was a handful of Free-Soilers in the House of Representatives who were ready to make trouble for the new Administration, and resistance to the enforcement of the Fugitive Slave Law now and then broke out in riots in certain neighborhoods of New England and in the Western Reserve. But the opposition was everywhere declining until Mrs. Harriet Beecher Stowe's famous novel, Unc
he land of the free" in unprecedented numbers. In 1850 there were 2,800,000 foreign-born people in the United States; in 1860 there were 5,400,000, and this tide of immigration was of a very high social and economic character. The German element was large, industrious, and liberty-loving, many of them being refugees from the political persecutions of 1832-33 and 1848-50. T
only 500,000 in 1850; but between 1850 and 1860 the increase was nearly 2,000,000. The South had a population of 6,000,000 in 1830; in 1850, 8,900,000, and in 1860 this had grown to 11,400,000. The Northwest had, however, grown faster than either of the other sections,
except for two years of panic, the Federal Treasury was always full and there was generally an annual surplus of from $5,000,000 to $10,000,000. During the Jacksonian era the prices of staple commodities fluctuated as much as fifty per cent in single years. Cotton was twenty cents a pound during all of the twenties; it was as low as seven cents when nullification was the critical issue; but from 1850 to 1860 cotton so
ed, there lived about 4,000,000 mill operatives, whose annual output of wool, iron, and cotton manufactures alone was worth in 1860 $330,393,000 as compared to the $58,000,000 of 1830. Perhaps the meaning of these figures may become clearer if we note that the total investments in these industries was considerably less than the yearly product. Nor was the East less prosperous in other lines. Her tonnage had increased from a little more than 500,000 in 1830 to nearly 5,000,000 in 1860. The freight and pass
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th, the West, or the outside world. Thus the exchanges of all the sections were made there, and before 1860 its banks, with a capital of $130,000,000 and specie reserves of only $20,000,000, did a business of $7,000,000,000 a year. And while New York became the American London, the whole of the East was likewise securing the lion's share of the banking profits of the country. Although the assessed wealth of the section counted only one fourth of the total $16,000,000,000 for the country in 1860, the East had nearly two
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. John M. Forbes, the Boston capitalist, was president of the Michigan Central during the decade, and laying the foundations of the Chicago, Burlington & Quincy. Commodore Vanderbilt was organizing his steamboat and railroad properties and expanding the area of his activities till it reached, before 1860, the rich grain belt of the West, the cotton lands of the South, the Far Eastern trade via his Panama Railroad and Pacific steamers, and the great markets of Europe. During the decade under consideration the
anal towns, and Pittsburg were becoming centers of wealth and economic power which attracted the attention of the world. Great merchants, like the Lawrences of Boston and the Astors of New York, became the objects of emulat
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aples, and the annual returns from these were not less than $300,000,000; while the growth of their output between 1850 and 1860 was more than one hundred per cent. The number of slaves who worked the plantations had increased between 1830 and 1860 from 2,000,000 to nearly 4,000,000 souls, thus suggesting the comparis
the East and their income not more than a third as great. Perhaps the banking statistics of the planter section will enable us to get a better view of their dependence upon the East. The South had in 1860 a banking capital of $89,131,000, a bank-note circulation of $68,344,000, and money on deposit, $56,342,000. Thus an annual return of $300
d as the peers of the Astors of New York. But a Southern man worth $4,000,000 or $5,000,000 would not receive an annual income of more than $100,000 unless he happened to be in the midst of a new cotton region. Still the hold of the planters on the state and county governments of the South was, as we have seen in a former chapter, even more secure than it had bee
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against Cuba, and they heralded William Walker, who sought to make Nicaragua an American slave State in 1854-59, as a statesman and "man of destiny." The reopening of the African slave trade was the subject of long and earnest debate, and Southern delegations in Congress were urged to exert themselves to secure a repeal of the law against the slave trade in order that the South might have some means of increasing its labo
ntry to watch the Northwestern frontier. Michigan had become a State in 1837, Iowa and Wisconsin in 1846, and Minnesota was to enter the Union in 1858. There were four Territories, Kansas, Nebraska, Oregon, and Washington, that might be admitted at any time. California was growing powerful, and she was already lost to slavery if not to the South. And a free S
sota succeeded in pushing the natives into the arid Nebraska Territory. And now as the great "American Desert" proved to be desirable country for the pioneers, it was prop
ad done for the cotton farmers of 1800. Still the transportation of wheat and corn is so difficult that no great revolution would have been possible but for the simultaneous building of thousands of miles of railways which opened to grain production the vast prairie
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ady been made, thus brought the isolated farmers of the Western interior into close contact with the markets of the world, and the Northwest was fast becoming the food-producing region of the country and at the same time exporting grain worth at least $50,000,000 a year. In New York, Pennsylvania, and ot
o Indiana, Illinois, and Iowa. Villages became towns and towns grew rapidly into cities. Pittsburg, Cincinnati, Cleveland, and Chicago imitated the ways and manners of Boston and New York. It was a busy, ambitious l
000 invested in banking enterprises. Her per capita circulation was only $4. Here as in the South the amount of specie in the banks was twice as great in proportion to population and the volume of business transacted as in the East. The debts of the Northwest to the East and to Europe cannot well be
States. Young, active, and ardently patriotic, Douglas had been among the first to see during the Polk Presidency that the old Western policy of internal improvements and freer lands for all who might come must be changed. The West, even the Northwest, was firmly attached to the Democratic party; but the center of that great organization was the South. The leaders of that se
ll their lands at good prices, the Government would sell its remaining lands at high prices after the building of the roads, and the farmers would cheerfully pay these higher prices if markets for wheat and corn could be created. The leaders of the lower South were interested in this new American system, for there was government land in the
, increased its business in marvelous manner during the decade. It soon distanced St. Louis in the race for wealth and population, and before 1854 conceived of the scheme of building a great railway, long ago proposed by Asa Whitney, of Michigan, to the Pacific. This road was to connect with the Illinois Central in Iowa, thread its way through the Indian lands in Nebraska, and finally bring San Francisco and the Far East into touch with the commercial center of the Middle West. It was a magnificent undertaking, not unlike that of the Erie Canal, which had made New York the Emporium of the East; it was even more daring for a sectio
than it had ever been before, and the inter-sectional trade was assuming proportions never dreamed of in the earlier days of the Republic. The manufactures of the East, which approximated $800,000,000 in value each year, were sold to the South in exchange for bills on Liverpool o
developed the corporation in its modern connotation; large harvests and a most enterprising industry were producing the capital for a new economic era; and all the social tendencies seemed to be working out a national life which was no longer parochial. It was the business of politics so to guide and regulate the varying activities of the people that sectional hatreds should pass away and
GRAPHI
he Census Reports of 1850 and 1860; J. E. B. DeBow's Industrial Resources of the South and West (1857); and U.S. Senate Executive Documents, no. 38, part 1, 52d Cong., 1st Sess., supply the needful statistics on population, crops, manufactures, and finance. Freeman Hunt's Lives of American Merchants, 2 vols. (New York, 1858), gives some interesting information about leading ante-bellum merchants and manufacturers. And the vo
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Billionaires