Abstract
This essay argues that white New Orleanians' obsessions with race, sectional politics, and the 'Lost Cause' mythology played a significant role in retarding the Crescent City's economic growth during Reconstruction and the Gilded Age. Because they resisted efforts to recruit northern capital until after their city had fallen irrevocably behind their 'New South' counterparts, New Orleans civil leaders and businessmen exacerbated the severe structural challenges their city faced from the rise of railroads and other market transformations.
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