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1 results

  • Cattle Trailing in the Nineteenth Century

  • R. Taylor Dennen
  • Journal:
    The Journal of Economic History / Volume 35 / Issue 2 / June 1975
    Published online by Cambridge University Press:
    11 May 2010, pp. 458-460
    Print publication:
    June 1975

  • In a recent article in this Journal David Galenson presents an interesting hypothesis about the impact of changing relative prices on the cattle driving industry in the late nineteenth-century West. Briefly, he argues that movements of.cattle prices in the urban marketing centers relative to the local prices in the range areas affected the profitability of the industry and thus the quantity of cattle driven north from Texas. Unfortunately, in testing his hypothesis, Mr. Galenson has incorrectly interpreted the history of the southern Great Plains.