The ledger and the chain How domestic slave traders shaped America

Joshua D. Rothman

Book - 2021

"In The Ledger and the Chain, prize-winning historian Joshua D. Rothman tells the disturbing story of the Franklin and Armfield company and the men who built it into the largest and most powerful slave trading company in the United States. In so doing, he reveals the central importance of the domestic slave trade to the development of American capitalism and the expansion of the American nation. Few slave traders were more successful than Isaac Franklin, John Armfield, and Rice Ballard, who ran Franklin and Armfield, and none were more influential. Drawing on source material from more than thirty archives in a dozen states, Rothman follows the three traders through their first meetings, the rise of their firm, and its eventual dissolut...ion. Responsible for selling between 8,000 and 12,000 slaves from the Upper South to Deep South plantations over a period of eight years in the 1830s, they ran an extensive and innovative operation, with offices in New Orleans and Alexandria in Louisiana and Natchez in Mississippi. They advertised widely, borrowed heavily from bankers and other creditors, extended long term credit to their buyers, and had ships built to take slaves from Virginia down to New Orleans. Slavers are often misremembered as pariahs of more cultivated society, but as Rothman argues, the men who perpetrated the slave trade were respected members of prominent social and business communities and understood themselves as patriotic Americans. By tracing the lives and careers of the nation's most notorious slave traders, The Ledger and the Chain shows how their business skills and remorseless violence together made the malevolent entrepreneurialism of the slave trade. And it reveals how this horrific, ubiquitous trade in human beings shaped a growing nation and corrupted it in ways still powerfully felt today" --

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  • Introduction
  • 1. Origins, 1789-1815
  • 2. Choices, 1815-1827
  • 3. Associates, 1827-1830
  • 4. Currencies, 1830-1833
  • 5. Dissolutions, 1833-1837
  • 6. Reputations, 1837-1846
  • 7. Legacies, 1846-1871
  • Epilogue the Ledger and the Chain
  • Acknowledgments
  • Abbreviations in Notes
  • Notes
  • Index
Review by Publisher's Weekly Review

University of Alabama history professor Rothman (Flush Times and Fever Dreams) delivers a harrowing portrait of how the domestic slave trade "helped define the financial, political, legal, cultural, and demographic contours" of 19th-century America. Focusing on three business partners--Isaac Franklin, John Armfield, and Rice Ballard--who ran the largest slave-trading operation in the country, Rothman explains how Congress's 1808 ban on the importation of enslaved people "effectively creat a federally protected internal market for human beings." When Natchez, Miss., banned slave-trading in 1833 in large part because Franklin had been caught dumping diseased corpses into a ravine, he simply moved his operation a mile outside of the city and continued receiving and reselling thousands of slaves bought by Armfield and Ballard from declining tobacco plantations in Maryland and Virginia. Rothman delineates the links between the domestic slave trade, the forced removal of Native Americans from the Southeast, the growth of the American banking system, and the establishment of national transportation networks. Through meticulous archival research, he debunks the myth that slave traders were social outcasts and tracks how their brazen advertisements and abusive treatment of captive men, women, and children were used by abolitionists to stoke public outrage. This trenchant study deserves a wide and impassioned readership. (Apr.)

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Review by Library Journal Review

Between 1800 and 1860, slavers transported roughly one million Black people within the American South and between states. Award-winning author Rothman (history, Univ. of Alabama; Flush Times and Fever Dreams) brings to life the enormity of the lucrative interstate and intrastate merchandising of brutalized Black bodies as instruments of capital and exchange in an American commerce bottomed on instruments of torture like the shackle and whip. He reconstructs the lives of Isaac Franklin (1789--1846), John Armfield (1797--1871), and Rice Ballard (1800--60), principals of the largest U.S. slave trading business: Alexandria, VA-based Franklin & Armfield. This wide-ranging and meticulously documented study interweaves biography, family dynamics, business contours and networks, and local and national developments to show how slavery and capitalism were always intertwined. Rothman carefully details how the success of Franklin & Armfield was aided by innovations in technology, infrastructure, information, and finance. To conclude, he underscores how these actions facilitated slave trafficking, leading to the permanent separation of families. VERDICT Explaining how trafficking in slaves advanced private and public priorities as it produced great wealth and promoted national growth, Rothman displays the ever-present and impoverishing cost to the enslaved. A must-read account that sheds light on the interdependence of slavery and capitalism in the United States.--Thomas J. Davis, Arizona State Univ., Tempe

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Review by Kirkus Book Review

A chilling account of the metastatic growth of America's internal slave trade in the early 1800s. Rothman, the chair of the history department at the University of Alabama and author of two previous books on slavery in the U.S., employs his wide breadth of knowledge about the era to vividly depict the human and economic impacts of the domestic slave trade as it burgeoned in the early 19th century. Digging deeply into the horrific details of the hugely profitable slave-trafficking business of Isaac Franklin, John Armfield, and Rice Ballard in Natchez, Mississippi, and Alexandria, Virginia, where they based their operations from the mid-1820s, the author clearly shows the mechanics behind the exponential growth of slavery in the South as it rose to meet the demands of a growing nation, financially, politically, geographically, and demographically. "Their America incentivized entrepreneurialism, financial risk, and racial slavery, and no one made more of the junction among those things than they did," writes Rothman in this meticulously documented history. "They became some of the richest men in the country as a result." Expanding from the successful model of slave trader Austin Woolfolk, who worked out of Baltimore, Franklin, Armfield, and Ballard took out ads, bargained in taverns, and bought enslaved people and took them to New Orleans, Charleston, and other cities in order to sell them for a profit. During the presidency of Andrew Jackson, the clearing of Native peoples from their lands allowed for a massive increase in the production of cotton and sugar as well as the proliferation of banks and technological advances like the cotton gin--all of which required a seemingly "bottomless" supply of free labor. As they grew their businesses, these men "helped foster something resembling a national market in commoditized human beings that paralleled the development of national markets in an array of other goods." An excellent work of vast research that hauntingly delineates the "intimate daily savageries of the slave trade." Copyright (c) Kirkus Reviews, used with permission.

Copyright (c) Kirkus Reviews, used with permission.