Credit and Debt in Victorian England Essay -- Victorian Era

Credit and Debt in Victorian England The majority of Victorian society’s economic dealings can be summed up in two words: credit and debt. These ominous specters, which seemed to haunt Victorian England, were simultaneously able to evoke feelings of delight and doom in their â€Å"victims of vanity†. There were several different factors that contributed to the Victorian’s propensity to abuse their credit, and as a result, fall deeply into debt. In her essay, â€Å"A Husband and His Wife’s Dresses†, Erika Rappaport discusses the significant role that gender played in the credit and debt â€Å"epidemic† that plagued Victorian society. Rappaport gives a fairly detailed account of the progression of buying on credit in Victorian society. In her essay, Rappaport states that â€Å"for most of the nineteenth century, consumer credit was still informal and was based on personal trust and a financial and moral assessment of the buyer† (165). Essentially, buying on credit was based on social position rather than financial stability. She comments that in the nineteenth century, selling on credit was still a widespread practice, and â€Å"many of the commodities that filled the Victorians’ homes and adorned their bodies were bought with its helpâ₠¬  (167). Rappaport states that buying on credit â€Å"helped middle-class families on limited income set up households†, and that â€Å"approximately 80 percent of all sales in the small, elite shops of metropolitan districts were offered on credit† (167). However, as time progressed, informal store credit became increasingly risky. Consumers began to travel longer distances in order to buy their goods, and it became increasingly less common to conduct business with neighbors and relatives. As a result of these changes, â€Å"wholesale... ... bills was perpetually in the forefront of the Victorian mindset. Further Links http://www.victorianweb.org/graphics/thackeray/17.1.html Works Cited Landow, George P. â€Å"Bankruptcy in Victorian England—Threat or Myth?† The Victorian Web. 22 March 2001. 7 Nov. 2004. . Rappaport, Erika. â€Å"A Husband and His Wife’s Dresses.† The Sex of Things: Gender and Consumption in Historical Perspective. Ed. Victoria de Grazia with Ellen Furlough. London: University of California Press, Ltd., 1996. 163-177. â€Å"The Victorians: Debt Could Get You in Prison.† RomanceEverAfter. 7 Nov. 2004. . Williams, Montagu Q.C. â€Å"London: Down East and Up West.† The Victorian Dictionary. 1894. 7 Nov. 2004. . Path: Finance: Money-Lenders. Credit and Debt in Victorian England Essay -- Victorian Era Credit and Debt in Victorian England The majority of Victorian society’s economic dealings can be summed up in two words: credit and debt. These ominous specters, which seemed to haunt Victorian England, were simultaneously able to evoke feelings of delight and doom in their â€Å"victims of vanity†. There were several different factors that contributed to the Victorian’s propensity to abuse their credit, and as a result, fall deeply into debt. In her essay, â€Å"A Husband and His Wife’s Dresses†, Erika Rappaport discusses the significant role that gender played in the credit and debt â€Å"epidemic† that plagued Victorian society. Rappaport gives a fairly detailed account of the progression of buying on credit in Victorian society. In her essay, Rappaport states that â€Å"for most of the nineteenth century, consumer credit was still informal and was based on personal trust and a financial and moral assessment of the buyer† (165). Essentially, buying on credit was based on social position rather than financial stability. She comments that in the nineteenth century, selling on credit was still a widespread practice, and â€Å"many of the commodities that filled the Victorians’ homes and adorned their bodies were bought with its helpâ₠¬  (167). Rappaport states that buying on credit â€Å"helped middle-class families on limited income set up households†, and that â€Å"approximately 80 percent of all sales in the small, elite shops of metropolitan districts were offered on credit† (167). However, as time progressed, informal store credit became increasingly risky. Consumers began to travel longer distances in order to buy their goods, and it became increasingly less common to conduct business with neighbors and relatives. As a result of these changes, â€Å"wholesale... ... bills was perpetually in the forefront of the Victorian mindset. Further Links http://www.victorianweb.org/graphics/thackeray/17.1.html Works Cited Landow, George P. â€Å"Bankruptcy in Victorian England—Threat or Myth?† The Victorian Web. 22 March 2001. 7 Nov. 2004. . Rappaport, Erika. â€Å"A Husband and His Wife’s Dresses.† The Sex of Things: Gender and Consumption in Historical Perspective. Ed. Victoria de Grazia with Ellen Furlough. London: University of California Press, Ltd., 1996. 163-177. â€Å"The Victorians: Debt Could Get You in Prison.† RomanceEverAfter. 7 Nov. 2004. . Williams, Montagu Q.C. â€Å"London: Down East and Up West.† The Victorian Dictionary. 1894. 7 Nov. 2004. . Path: Finance: Money-Lenders.

An American novelist Essay

An American novelist, historian, and literary historian-that was Alfred Bertram Guthrie, Jr. Having shown an excellent writing style and due to his love of Montana he went on to win the Pulitzer Prize for his fiction The Way West in 1959. This book mainly talks about Dick Summer’s return to the Wild West to guide some settlers on the hard journey to Oregon through a dangerous trail (Joseph, Guthrie, & Peter, 1959, 18). A. B. Guthrie wrote with a unique sense of style, skill, artful simplicity and eloquent sentiment and these are all apparent in the opening, the discovering, the settling, the emergent and the exploiting of the American West. At the point in his life when he was merely a university graduate in journalism, he pioneered the hard knowledge that has helped young novelists ascend to greater heights. Guthrie gave much of himself and his time to advise young writers just as Professor Theodore Morrison, his mentor, did for him. Guthrie’s ability to pay attention to historical accuracy, his love of nature, an unfailing ear for dialect and realistic dialogue and the skill to create unforgettable characters that readers easily adapt to care about are the traits that set him aside from other writers. The distinctiveness of his ability to frame vivid, tightly compressed scenes in which those characters intermingle is pure intellect (Joseph, Guthrie, & Peter, 1959, p. 31). In defining the American experience, Guthrie’s The Big Sky is a big aid in attempting to understand the conflict during this time. It provides descriptive evidence of the attitude of pioneers, the readiness of the pioneers, the empathy for the land that fur-trappers and backwoodsmen had during that time and how all the diverse people merged to form a nation. Guthrie’s most outstanding accomplishment is demonstrated in his ability to affirm the range, complexity, and the intensity of the colonization of the Missouri and Columbia drainage basins by real people which was his large subject (Joseph, Guthrie, & Peter, 1959, p. 45) . Work Cited Joseph Howard, A. B. Guthrie & Peter Hurd. Montana: High, Wide, and Handsome. Yale University Press, 1959, 18, 31, 45

Hydraulic Fracturing, The Advantages And Disadvantages

Understanding Hydraulic Fracturing, The Advantages and Disadvantages Prepare By: Dennis Lacerte Submitted Date: December 3, 2014 Contact Information: djamesl@rams.colostate.edu Table of Contents EXECUTIVE SUMMARY 2 INTRODUCTION 2 HYDRAULIC FRACTURING PROCESS 3 ENERGY CONVERSION AND PRODUCTION PROCESS 6 ENVIRONMENTAL AND HEALTH EFFECTS OF HYDRAULIC FRACTURING 7 LAND AND RESOURCE EFFECTS 7 ATMOSPHERIC EFFECTS 8 WATER EFFECTS 8 HEALTH EFFECTS 9 HYDRAULIC FRACTURING ALTERNATIVES 9 REGULATIONS ALTERNATIVES 9 ALTERNATIVE PROCESSES 10 DISCUSSION 10 CONCLUSION 10 RECOMMENDATIONS 10 REFERENCES 11 APPENDIX 12 GLOSSARY 13 TABLE OF FIGURES FIGURE 1: VERTICAL AND HORIZONTAL WELL CONFIGURATIONS 5 FIGURE 2: A GAS TURBINE 7 FIGURE A1: ENERGY RESOURCES CHART 12 FIGURE A2: BRAYTON CYCLE SCHEMATIC 12 FIGURE A3: FRACKING FLUID CHEMICAL COMPOUNDS CHART 13 Executive Summary Introduction Hydraulic Fracturing (fracking) is a widely misunderstood topic surrounded by multiple controversies and unknowns. Some controversies and unknowns include: fracking pollutes the water with gases that several people rely on to drink, causing health side-effects; fracking is a completely safe process and has been working for over 60 years; or the amount of water brought on-sight contributes to the negative environmental impact created for each well (Shukman). Fundamentally, fracking is a process developed to acquire energy resources such as oil and gas (fossil fuels) from unconventional sightsShow MoreRelatedAlternative Energy Sources1852 Words   |  7 Pagesof the energy source through the process of hydraulic fracturing. In this report the following topics will be discussed to get a better understanding of natural gas and the hydraulic fracturing process. An overview of natural gas will be discussed. A detail description of the hydraulic fracturing process will be provided. The adv antages and disadvantages of hydraulic fracturing will also be compared. Finally the report will look at hydraulic fracturing in a South Africa context and weigh all theRead MoreThe Gas And Natural Gas1615 Words   |  7 Pagesreservoirs a technique called fracturing is developed over the years to make use of the hidden natural resources which were considered unfeasible to dig out as explained in Hydraulic fracturing. Hydraulic Fracturing is a very recognizable and most commonly used technique in North America to extract natural oil and gas from unconventional reservoirs as Manfreda John (2015) stated. The fracturing started commercially in mid-1900. Currently over 2 million fracturing jobs have been done worldwide withRead MoreNatural Gas Is A Non Renewable Resource1143 Words   |  5 Pagespipes. Scientists are trying to find other resources for gas because they are aware that the current one won’t last and that they are harming the environment and habitats of creatures in the sea through this procedure. 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