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Rum and axes : the rise of a Connecticut merchant family, 1795-1850 / Janet Siskind.

LIBRA HF3161.C7 S57 2002
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Format:
Book
Author/Creator:
Siskind, Janet.
Series:
Anthropology of contemporary issues
Language:
English
Subjects (All):
Merchants.
Commerce.
History.
Connecticut--Commerce--History.
Connecticut.
Merchants--Connecticut.
Watkinson (Family).
United States--Economic conditions--To 1865.
Local Subjects:
Watkinson (Family).
United States--Economic conditions--To 1865.
Physical Description:
191 pages : facsimiles ; 24 cm.
Other Title:
Rum & axes
Place of Publication:
Ithaca, N.Y. : Cornell University Press, 2002.
Summary:
Janet Siskind goes back to the beginnings of industrial capitalism in the United States to better understand the formation of the country's capitalist culture. She studies the papers and letters of three generations of the Watkinson family. The stories of their lives demonstrate how merchants amassed the capital to become industrial entrepreneurs, organized factories and private corporations, and constructed philanthropic and cultural institutions. The author traces how "upper-class work," the everyday tasks of organizing and maintaining trade or a system of production, shaped the family's experience and New England's culture. The result is an intimate story of social class and capitalism.
The reader comes to know several members of this enterprising family, who emigrated from England in 1795. The young women married merchants; their brothers prospered as merchants in Connecticut's West Indian trade. The author shows how their account books, which balanced the imports of rum with the exports of horses, obscured the system of slavery that created their wealth.
After the War of 1812, the Watkinsons and their nephews the Collinses turned from trade to manufacturing textiles and axes. Their letters paint a vivid picture of the difficult process of shaping farmers' sons into a disciplined workforce and entrepreneurs into industrial and financial capitalists. Siskind skillfully blends social history and cultural anthropology to provide context for the engaging narrative of the Watkinsons' lives.
Contents:
The voyage
Capital, kin, and connections
Balancing the books
Continuity and change
The Collins Company
Breaking community, building class
For their own good.
Notes:
Includes bibliographical references (pages [179]-188) and index.
ISBN:
0801439329
OCLC:
46937430

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