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

Author:

Brown William O.,Burdekin Richard C. K.

Abstract

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 of Atlanta in September 1864.

Publisher

Cambridge University Press (CUP)

Subject

Economics, Econometrics and Finance (miscellaneous),Economics and Econometrics,History

Reference25 articles.

1. Money, Expectations, and the U.S. Civil War;McCandless;American Economic Review,1996

2. A Confederate Success in Europe: The Erlanger Loan

3. Turning Points in the Civil War: Views from the Greenback Market;Willard;American Economic Review,1996

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