After seven, long years of occupation, Americans found New York City in shambles after the British evacuation on November 25, 1783.
Ten to twenty-five percent of the city had burned in 1776. The British used just about every building that remained to billet officers, soldiers, refugees, and their horses. Plus more refugees and animals crammed into vacant lots, streets, and alleyways. New York City stood in need of a lot of repair.
Which raises the question: How did New Yorkers rebuild New York City? Where did they get the money to rebuild, improve, and encourage the economic development that would transform the city into the thriving metropolis and economic hub that it would be come?
Brian Murphy, an Associate Professor of History at Rutgers University-Newark, takes us through part of this amazing story with details from his book Building the Empire State: Political Economy in the Early Republic.
Show Notes: http://www.benfranklinsworld.com/113
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