The Cotton Boom
The Cotton Boom, 1830-1861
- massive growth, part of the broader Market Revolution
- by 1850, US produced 2 billion pounds of cotton per year (over 60% of all exports)
- key to southern and northern economies
- made slavery more profitable and more brutal
Origins of the Cotton Boom
- industrial textile mills in northeastern US and Britain
- huge international market
- trans-atlantic credit system
- steamboat transportation
- additional land:
- LA purchase (1803)
- Eastern Indian Removal (1830-42)
- colonization of Texas (1820-45)
- the cotton gin
- short-staple cotton strains
The Domestic Slave Trade
- cotton industry led to a huge demand for enslaved labor
- filled via the “internal” or “domestic” slave trade
- 1790-1860, about 1 million enslaved people were sold or relocated
- from “upper” to “lower” south