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 occasion viewing "with deep regret the neglect of all commercial pursuits" that had thitherto prevailed among the youth of the section. That their efforts were no more successful than those of the contemporary railway promoters proves only that the failure of urban development in the South was due not to the supineness of the entire population but to the presence of an institution during the existence of which agriculture was bound to be the paramount industry. It is interesting to notice that these efforts toward urban development were contemporaneous with and in answer to the agitation of the early abolitionists; that they practically ceased during the movement for territorial aggrandizement in Texas and the Far West; and that they began in full force when it became apparent that the South had gained less of the new territory than she thought she would. So true is it that all Southern history has a political background!

It is not, however, desirable that the present Introduction should degenerate into a dry historical essay devoted to certain obscure points in the economic history of the South, although it does seem important that the reader should realize that the citizens of