The Age of Innocence | Historical Context
Wealth in the North
After the Civil War (1861-1865), the South was in ruins, economically and structurally, but the North flourished. While wealth in the South declined by sixty percent, wealth in the North increased by fifty percent. As a result, there was a growing class of wealthy New Yorkers in the 1870s. This trend is represented by the character of Julius Beaufort, who has become a millionaire. Although the tight social circle of New York does not favor outsiders, he is allowed in by virtue of his marriage to Regina Mingott, a member of a very respectable...
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