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A major contribution to our understanding of the economic role played by slave property. --Tony Freyer, The University of Alabama School of Law Richard Kilbourne, a practicing lawyer and the author of two previous books dealing with aspects of credit and the law in Louisiana, has written a meticulously researched case study of how antebellum farmers and planters in East Feliciana Parish, Louisiana, financed their operations and then how they responded to the shock of change brought by emancipation. . . . Historians seeking a better understanding of credit relations in the nineteenth-century South and the effects these relations had on the antebellum and postbellum Southern society and economy cannot ignore this important book. --Louisiana History This very detailed case study makes a strong argument that we can dismiss the idea of an antebellum South crippled by debt. Instead, slaves were used as collateral to produce an economically health and flexible credit system--a system, however, which collapsed with the fall of slavery. --Michael Tadman, University of Liverpool Richard Kilbourne, a practicing lawyer and the author of two previous books dealing with aspects of credit and the law in Louisiana, has written a meticulously researched case study of how antebellum farmers and planters in East Feliciana Parish, Louisiana, financed their operations and then how they responded to the shock of change brought by emancipation. . . . Historians seeking a better understanding of credit relations in the nineteenth-century South and the effects these relations had on the antebellum and postbellum Southern society and economy cannot ignore this important book. Louisiana History This very detailed case study makes a strong argument that we can dismiss the idea of an antebellum South crippled by debt. Instead, slaves were used as collateral to produce an economically health and flexible credit system a system, however, which collapsed with the fall of slavery. Michael Tadman, University of Liverpool A major contribution to our understanding of the economic role played by slave property. Tony Freyer, The University of Alabama School of Law

This very detailed case study makes a strong argument that we can dismiss the idea of an antebellum South crippled by debt. Instead, slaves were used as collateral to produce an economically health and flexible credit system--a system, however, which collapsed with the fall of slavery. --Michael Tadman, University of Liverpool Richard Kilbourne, a practicing lawyer and the author of two previous books dealing with aspects of credit and the law in Louisiana, has written a meticulously researched case study of how antebellum farmers and planters in East Feliciana Parish, Louisiana, financed their operations and then how they responded to the shock of change brought by emancipation. . . . Historians seeking a better understanding of credit relations in the nineteenth-century South and the effects these relations had on the antebellum and postbellum Southern society and economy cannot ignore this important book. -- Louisiana History Richard Kilbourne, a practicing lawyer and the author of two previous books dealing with aspects of credit and the law in Louisiana, has written a meticulously researched case study of how antebellum farmers and planters in East Feliciana Parish, Louisiana, financed their operations and then how they responded to the shock of change brought by emancipation. . . . Historians seeking a better understanding of credit relations in the nineteenth-century South and the effects these relations had on the antebellum and postbellum Southern society and economy cannot ignore this important book. Louisiana History This very detailed case study makes a strong argument that we can dismiss the idea of an antebellum South crippled by debt. Instead, slaves were used as collateral to produce an economically health and flexible credit system a system, however, which collapsed with the fall of slavery. Michael Tadman, University of Liverpool A major contribution to our understanding of the economic role played by slave property. Tony Freyer, The University of Alabama School of Law A major contribution to our understanding of the economic role played by slave property. --Tony Freyer, The University of Alabama School of Law

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Richard Holcombe Kilbourne Jr., is a partner in the Kilbourne Law Offices, Clinton, Louisiana. Gavin Wright is Professor and Chair of the Department of Economics at Stanford University.

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