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Farms that were on poor soil and distant from markets declined, whereas other farms successfully adjusted production as rural and urban markets expanded and as Midwestern agricultural products flowed eastward after 1840. Rural and urban demand for manufactures in the East supported diverse industrial development and prosperous rural areas and burgeoning cities supplied increasing amounts of capital for investment.
"While much has been written about the industrial revolution," writes Lawrence Peskin, "we rarely read about industrial revolutionaries." This absence, he explains, reflects the preoccupation of both classical and Marxist economics with impersonal forces rather than with individuals. In Manufacturing Revolution Peskin deviates from both dominant paradigms by closely examining the words and deeds of individual Americans who made things in their own shops, who met in small groups to promote industrialization, and who, on the local level, strove for economic independence. In speeches, petitions, books, newspaper articles, club meetings, and coffee–house conversations, they fervently discussed the need for large-scale American manufacturing a half-century before the Boston Associates built their first factory. Peskin shows how these economic pioneers launched a discourse that continued for decades, linking industrialization to the cause of independence and guiding the new nation along the path of economic ambition. Based upon extensive research in both manuscript and printed sources from the period between 1760 and 1830, this book will be of interest to historians of the early republic and economic historians as well as to students of technology, business, and industry.
Part of a series of detailed reference manuals on American economic history, this volume traces the development and rapid growth of transportation across the USA in the mid-1800s.