The State of Georgia The Empire State of the South Essay

The state of Georgia earned the nickname The Empire State of the South in the antebellum period largely because of its textile industry. From 1840 until 1890 the state consistently led the South in textile production, Antebellum towns including Macon, Milledgeville, Madison, and Greensboro experimented with steam-powered cotton factories, with varying degrees of success. The steam-powered factories in Madison and Greensboro went broke in the 1850s, while those in Milledgeville and Macon survived to serve the Confederacy. Macon Cotton Factory the leading manufacturing sector of the United States in the years before the Civil War. Georgias entrepreneurs began to experiment in factory-based industry between 1809 and 1820, but they†¦show more content†¦William Schley and by 1840 the state could boast fourteen cotton factories containing at least 16,635 spindles and involving a capitalization of more than $500,000. Georgias textile industry seemed capable of endless expansion, with large profits for all who invested. In 1844 the Athens Manufacturing Company declared a 24 percent dividend on its stock, and Henry Merrell, the factory manager at the newly constructed Curtwright Factory in Greene County, expected to make similar profits for the foreseeable future. The very successes of Georgias industrialization set forces in motion that destroyed the reputation of its antebellum textile industry. Investors who were disappointed with the returns on their railroad stock during the long depression of the late 1830s to mid-1840s turned toward cotton factories. The state legislature encouraged additional factory construction in 1847 by making incorporation for a factory much easier than for any other company. Accordingly, the number of cotton and wool factories in Georgia grew from fourteen to thirty-five between 1844 and 1849. But the census counts frequently omitted factories that were temporarily inoperative or under construction, and the number continued to increase. In 1851 localShow MoreRelatedThe Culture of the State of Georgia, A Paragraph695 Words   |  3 PagesHave you ever wanted to visit a state with beautiful mountains and waterfalls? If so Georgia is a great state to visit,because its known for it’s beautiful Appalachian Mo untains. It also has beautiful waterfalls on the mountains. In this paragraph, it tells about the culture of Georgia. The first people that stepped on Georgias land stepped on it about 10,000 years ago. Georgia is located along the Atlantic Ocean and is Southeastern in the United States.Georgia is roughly about 57,906 squareRead MoreAbout Georgia Essay979 Words   |  4 PagesGeorgia was admitted as a state in 1788 and was one of the Confederate States of America. 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