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Created in a world of empires, the United States was to be
something new: an expansive republic proclaiming commitments to
liberty and equality but eager to extend its territory and
influence. Yet from the beginning, Native powers, free and enslaved
Black people, and foreign subjects perceived, interacted with, and
resisted the young republic as if it was merely another empire
under the sun. Such perspectives have driven scholars to reevaluate
the early United States, as the parameters of early American
history have expanded in Atlantic, continental, and global
directions. If the nation’s acquisition of Puerto Rico, Guam, and
the Philippine Islands in 1898 traditionally marked its turn toward
imperialism, new scholarship suggests the United States was an
empire from the moment of its creation. The essays gathered in The
Early Imperial Republic move beyond the question of whether the new
republic was an empire, investigating instead where, how, and why
it was one. They use the category of empire to situate the early
United States in the global context its contemporaries understood,
drawing important connections between territorial conquests on the
continent and American incursions around the globe. They reveal an
early U.S. empire with many different faces, from merchants who
sought to profit from the republic’s imperial expansion to Native
Americans who opposed or leveraged it, from free Black
colonizationists and globe-trotting missionaries to illegal slave
traders and anti-imperial social reformers. In tracing these
stories, the volume’s contributors bring the study of early U.S.
imperialism down to earth, encouraging us to see the exertion of
U.S. power on the ground as a process that both drew upon the
example of its imperial predecessors and was forced to grapple with
their legacies. Taken together, they argue that American empire was
never confined to one era but is instead a thread throughout U.S.
history. Contributors:Brooke Bauer, Michael A. Blaakman, Eric
Burin, Emily Conroy-Krutz, Kathleen DuVal, Susan Gaunt Stearns,
Nicholas Guyatt, Amy S. Greenberg, M. Scott Heerman, Robert Lee,
Julia Lewandoski, Margot Minardi, Ousmane Power-Greene, Nakia D.
Parker, Tom Smith
During the first quarter-century after its founding, the United
States was swept by a wave of land speculation so unprecedented in
intensity and scale that contemporaries and historians alike have
dubbed it a “mania.” In Speculation Nation, Michael A. Blaakman
uncovers the revolutionary origins of this real-estate bonanza—a
story of ambition, corruption, capitalism, and statecraft that
stretched across millions of acres from Maine to the Mississippi
and Georgia to the Great Lakes. Patriot leaders staked the success
of their revolution on the seizure and public sale of Native
American territory. Initially, they hoped that fledgling state and
national governments could pay the hefty costs of the War for
Independence and extend a republican society of propertied citizens
by selling expropriated land directly to white farmers. But those
democratic plans quickly ran aground of a series of obstacles,
including an economic depression and the ability of many Native
nations to repel U.S. invasion. Wily merchants, lawyers, planters,
and financiers rushed into the breach. Scrambling to profit off
future expansion, they lobbied governments to convey massive tracts
for pennies an acre, hounded revolutionary veterans to sell their
land bounties for a pittance, and marketed the rustic ideal of a
yeoman’s republic—the early American dream—while waiting for
land values to rise. When the land business crashed in the late
1790s, scores of “land mad” speculators found themselves
imprisoned for debt or declaring bankruptcy. But through their
visionary schemes and corrupt machinations, U.S. speculators and
statesmen had spawned a distinctive and enduring form of settler
colonialism: a financialized frontier, which transformed vast
swaths of contested land into abstract commodities. Speculation
Nation reveals how the era of land mania made Native dispossession
a founding premise of the American republic and ultimately rooted
the United States’ “empire of liberty” in speculative
capitalism.
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