The Growing Crisis over Slavery, a Growing Economy, and Expanding Westward

The Growing Crisis over Slavery, a Growing Economy, and Expanding Westward

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Willy Goebel Per. 3 10/25/09 P. 215-222: The Growing Crisis over Slavery, a Growing Economy, and Expanding Westward The Growing Crisis over Slavery Arose after War of 1812 Missouri territory applied for admission to Union Would it be a free or slaveholding state? Would vast new regions of United States ultimately move into orbit of North or South? Postwar Issues Reestablishing the Bank of the United States Protecting the new industries Providing a nationwide network of roads and waterways Second Bank of the United States Chartered by Congress in 1816 to deal with the currency problem Same institution Hamilton founded 1791 except more capital than predecessor Growth of the Textile Industry Cotton spindles 1807: 8,000 1815: 130,000 Textile factories until 1814 Most of them in New England Produced only yarn and thread Families operating handlooms at home did the actual weaving of cloth
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Francis Cabot Lowell
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The Growing Crisis over Slavery, a Growing Economy, and Expanding Westward

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