Drew Crumrine

[Drew Crumrine @CrumrineDrew]

I think it’s fascinating that even in this time period, financial crime was happening. I feel like that is such a modern day crime but I guess not. #Auburnworldhistory

[Drew Crumrine @CrumrineDrew]

@NickRobish I completely agree. He was even told about it and did nothing. #auburnworldhistory

[Drew Crumrine @CrumrineDrew]

I never knew the history behind Stephen A. Douglas, only that he had lost to Lincoln in the election. Douglas’ story is a very interesting one and something I feel everyone should learn about #Auburnworldhistory

[Drew Crumrine @CrumrineDrew]

I found it quite interesting how the banks and the university had this back and forth of who could get around the rules better. #AuburnWorldHistory

[Drew Crumrine @CrumrineDrew]

@BoyettJackson I completely agree. Power in numbers and people have numbers. #Auburnworldhistory

[Drew Crumrine @CrumrineDrew]

The Brotherhood hijacking the revolution was something I never knew happened. A religious leadership always leads to problems #Auburnworldhistory

[Drew Crumrine @CrumrineDrew]

The image of Ramy after his arrest was horrible. The army that these people trusted had turned on them. #auburnworldhistory

[Drew Crumrine @CrumrineDrew]

I remember hearing about this revolution on the radio. When it was happening. I’m really glad the documentary shows the people’s side of this story. Really opens up about how awful life in Egypt was under this dictatorship. #auburnworldhistory

[Drew Crumrine @CrumrineDrew]

Cotton gave birth to many darksides of our world, but it also fianced our very new country and allowed us to become a dominante country very quickly after our formation. The slave trade was a truly horrible act, but economicly speaking, it was helpful for our country. #tastp

[Drew Crumrine @CrumrineDrew]

The cotton gin is arguably one of the most importnant inventions when it comes to the economics of the slave trade. The cotton gin, invented in 1794 paved the way for slavery in America. The cotton gin allowed cotton to be produced at 10x the rate of manual labor. #tastp

[Drew Crumrine @CrumrineDrew]

Invention of the gin led many people to believe slavery was going to die out. However, slavery was actually on the fall prior to the gin. The gin reversed the course of slavery. "Between 1801 and 1835, exports raised from 100,000 bales to over one million a year." #tastp

[Drew Crumrine @CrumrineDrew]

https://t.co/4CsdO5YnWj Link to Blight article

[Drew Crumrine @CrumrineDrew]

In another quotes by Blight, he says " In the same year, the nearly 4 million American slaves were worth some $3.5 billion, making them the largest single financial asset in the entire U.S. economy, worth more than all manufacturing and railroads combined." #tastp

[Drew Crumrine @CrumrineDrew]

Almost makes me feel ashamed that these numbers are so high. This horrible system built our country and made us what we are today. This also poses the question, could America have survived without the slave trade? Could America have made it by profiting of something else? #tastp

[Drew Crumrine @CrumrineDrew]

There is no doubt that slavery is horrible and immoral, but it truly did help America in its startup. It allowed the country to be finaced. Also I find it quite ironic that the system that built this country, would tear it apart. #tastp

[Drew Crumrine @CrumrineDrew]

David Blight, an American history prof. at Yale, states "by 1860, there were more millionaires (slaveholders all) living in the lower Mississippi Valley than anywhere else in the United States." These are the kind of profits that this trade brought to America. #tastp

[Drew Crumrine @CrumrineDrew]

https://t.co/f2u64GMCnK Link to the article

[Drew Crumrine @CrumrineDrew]

Despite the horrors the slave trade caused, the economics behind the trade are quite facsinating. Author, Dr. Alan Rice stated "The Royal Africa Company was able to make an average profit of 38% per voyage in the 1680s." Per voyage. No one had seen money like this before .#tastp

[Drew Crumrine @CrumrineDrew]

Rice also went on to say "By the 1760s annual exports from the West Indies alone to Britain were worth over £3m (equivalent to around £250m today)." That is about 319 million USD. The slave trade, while horrible, connected the world like it never had before. #tastp

[Drew Crumrine @CrumrineDrew]

@ColonelDouglas The only way to make it in a free market IS to have a mindset of "self-first" #auburnworldhistory