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Turning Points in the U.S. Civil War: A British Perspective

BROWN Jr., WILLIAM O.; BURDEKIN, RICHARD C. K. - In: The Journal of Economic History 60 (2000) 01, pp. 216-231

This article examines the Confederate cotton bonds floated in Europe in March 1863 and traded on the London market. Over a 27 March 1863 to 17 June 1865 sample we isolate two, nonreversed, turning points that follow news of Confederate defeat at Gettysburg and Vicksburg in July 1863 and the fall...

Persistent link: https://www.econbiz.de/10005614554