Republic of Debtors: Bankruptcy in the Age of American IndependenceHarvard University Press, 2002 - 344 pages Debt was an inescapable fact of life in early America. At the beginning of the eighteenth century, its sinfulness was preached by ministers and the right to imprison debtors was unquestioned. By 1800, imprisonment for debt was under attack and insolvency was no longer seen as a moral failure, merely an economic setback. In Republic of Debtors, Bruce H. Mann illuminates this crucial transformation in early American society. |
From inside the book
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... creditors . Within that framework inability to pay was a moral failure , not a business risk . Like other moral failures , such as fornication or drunkenness , it called forth sanctions that to modern eyes were disturbingly punitive ...
... creditors ' claims to repayment of what they had lent extend to the bodies of the debtors to whom they had lent it ? Could creditors imprison their debtors or bind them to service ? Could insolvent debtors ever hope for release from ...
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Other editions - View all
Republic of Debtors: Bankruptcy in the Age of American Independence Bruce H Mann Limited preview - 2009 |
Republic of Debtors: Bankruptcy in the Age of American Independence Bruce H. Mann Limited preview - 2009 |
Republic of Debtors: Bankruptcy in the Age of American Independence Bruce H. Mann No preview available - 2009 |