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In the Southern Retail Trade After 18651

Published online by Cambridge University Press:  03 February 2011

Thomas D. Clark
Affiliation:
University of Kentucky

Extract

After 1865 Southerners found their communities generally in a state of economic chaos. This was particularly true of the mercantile system. Before the war numerous small towns and villages were in the process of development, and the more localized system of merchandising was reaching out into the general trade. The merchants of the new stores were rapidly cutting into the virtually monopolistic control previously exercised by the system of cotton factorage on which the larger planters depended for supplies, for with the establishment of local stores, cotton planters looked more and more to their home merchants. During the four years of war these local stores were practically forced out of business by a lack of stock. The end of the war brought to the merchant a complete economic revolution. He was now to engage in a system of storekeeping which was unique in every respect except the name. Southern general stores became country stores whether they existed in the country or not, for the bulk of their trade was that of ”country” supply.

Type
Articles
Copyright
Copyright © The Economic History Association 1943

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References

1 The author wish to acknowledge assistance from the Grants-in-Aid Sub-Committee of the Regional Committee of the Social Science Research Council.