1783-1815: Business and the Economy

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1783-1815: Chapter Three: Business and the Economy

by ROBERT J. ALLISON and JOHN OKEEFE

CONTENTS

CHRONOLOGY 72

OVERVIEW 78

TOPICS IN THE NEWS

Banking and Finance 82

Public Debt of the United States, December 1789 83

Domestic Economy 84

Cotton Production 84

Consumer Price Index 85

Embargo of 1807 88

Thomas Jefferson on Malthus 88

Foreign Trade 89

Exports of Agricultural Production, 1791-1815 90

Land Development and Speculation 93

Western Trade 93

Money and Currency 95

Daily Wage Rates in Massacbussetts, 1803-1815 95

Shipbuilding 97

America Ruler the Waves 97

Slave Trade 98

Slave Smuggling 98

HEADLINE MAKERS

John Jacob Astor 101

Elias Hasket Derby 102

Albert Gallatin 103

Stephen Girard 104

Robert Livingston 104

PUBLICATIONS 105

Sidebars and tables are listed in italics.

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1783-1815: Business and the Economy