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Wildy’s Book News

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Vol 22 No 10 Oct/Nov 2017

Book of the Month

Cover of Lindley & Banks on Partnership

Lindley & Banks on Partnership

Price: £380.00

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The Reconstruction of Southern Debtors

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ISBN13: 9780820326245
ISBN: 0820326240
Published: June 2006
Publisher: University of Georgia Press
Format: Hardback
Price: £46.50



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 a punitive towards 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, werte more 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.

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