Scott Reynolds Nelson

Pundits will argue that the 2008 financial crisis was the first crash in American history driven by consumer debt. But in this spirited, highly engaging account, Scott Reynolds Nelson demonstrates that consumer debt has underpinned almost every major financial panic in the nation's history. From William Duer's attempts to profit off the country's post-Revolutionary War debt to an 1815 plan to sell English coats to Americans on credit, to the debt-fueled railroad expansion that precipitated the 1857 crash: in each case, the chain of banks, brokers, moneylenders, and insurance companies that separated borrowers and lenders made it impossible to distinguish good loans from bad. Bound up in this history are stories of national banks funded by smugglers, fistfights in Congress over the gold standard, America's early dependence on British bankers, and how presidential campaigns were forged in controversies over private debt. An irreverent, wholly accessible, eye-opening book.

The ballad "John Henry" is the most recorded folk song in American history and John Henry--the mighty railroad man who could blast through rock faster than a steam drill--is a towering figure in our culture. But for over a century, no one knew who the original John Henry was--or even if there was a real John Henry. In Steel Drivin' Man, Scott Reynolds Nelson recounts the true story of the man behind the iconic American hero, telling the poignant tale of a young Virginia convict who died working on one of the most dangerous enterprises of the time, the first rail route through the Appalachian Mountains. Using census data, penitentiary reports, and railroad company reports, Nelson reveals how John Henry, victimized by Virginia's notorious Black Codes, was shipped to the infamous Richmond Penitentiary to become prisoner number 497, and was forced to labor on the mile-long Lewis Tunnel for the C&O railroad. Nelson even confirms the legendary contest between John Henry and the steam drill (there was indeed a steam drill used to dig the Lewis Tunnel and the convicts in fact drilled faster). Equally important, Nelson masterfully captures the life of the ballad of John Henry, tracing the song's evolution from the first printed score by blues legend W. C. Handy, to Carl Sandburg's use of the ballad to become the first "folk singer," to the upbeat version by Tennessee Ernie Ford. We see how the American Communist Party appropriated the image of John Henry as the idealized American worker, and even how John Henry became the precursor of such comic book super heroes as Superman or Captain America. Attractively illustrated with numerous images, Steel Drivin' Man offers a marvelous portrait of a beloved folk song--and a true American legend.

Claiming more than 600,000 lives, the American Civil War had a devastating impact on countless numbers of common soldiers and civilians, even as it brought freedom to millions. This book shows how average Americans coped with despair as well as hope during this vast upheaval. A People at War brings to life the full humanity of the war's participants, from women behind their plows to their husbands in army camps; from refugees from slavery to their former masters; from Mayflower descendants to freshly recruited Irish sailors. We discover how people confronted their own feelings about the war itself, and how they coped with emotional challenges (uncertainty, exhaustion, fear, guilt, betrayal, grief) as well as physical ones (displacement, poverty, illness, disfigurement). The book explores the violence beyond the battlefield, illuminating the sharp-edged conflicts of neighbor against neighbor, whether in guerilla warfare or urban riots. The authors travel as far west as China and as far east as Europe, taking us inside soldiers' tents, prisoner-of-war camps, plantations, tenements, churches, Indian reservations, and even the cargo holds of ships. They stress the war years, but also cast an eye at the tumultuous decades that preceded and followed the battlefield confrontations. An engrossing account of ordinary people caught up in life-shattering circumstances, A People at War captures how the Civil War rocked the lives of rich and poor, black and white, parents and children--and how all these Americans pushed generals and presidents to make the conflict a people's war.

Claiming more than 600,000 lives, the American Civil War had a devastating impact on countless numbers of common soldiers and civilians, even as it brought freedom to millions. This book shows how average Americans coped with despair as well as hope during this vast upheaval. A People at War brings to life the full humanity of the war's participants, from women behind their plows to their husbands in army camps; from refugees from slavery to their former masters; from Mayflower descendants to freshly recruited Irish sailors. We discover how people confronted their own feelings about the war itself, and how they coped with emotional challenges (uncertainty, exhaustion, fear, guilt, betrayal, grief) as well as physical ones (displacement, poverty, illness, disfigurement). The book explores the violence beyond the battlefield, illuminating the sharp-edged conflicts of neighbor against neighbor, whether in guerilla warfare or urban riots. The authors travel as far west as China and as far east as Europe, taking us inside soldiers' tents, prisoner-of-war camps, plantations, tenements, churches, Indian reservations, and even the cargo holds of ships. They stress the war years, but also cast an eye at the tumultuous decades that preceded and followed the battlefield confrontations. An engrossing account of ordinary people caught up in life-shattering circumstances, A People at War captures how the Civil War rocked the lives of rich and poor, black and white, parents and children--and how all these Americans pushed generals and presidents to make the conflict a people's war.