October 15, 2019

“How Northern Financial Decisions Won the Civil War”

– Matthew Borowick


October 15, 2019

Wars are, it is believed, won and lost by the actions of generals and armies. However, those armies will not fight unless they are properly trained, equipped and fed. Doing that takes the efficient management of resources. The effective management of resources takes good planning and the intelligent allocation of those resources. Although perhaps not as glamorous a topic as battles and armies, the issue of how the North and the South managed their resources provides a fascinating look into why one side succeeded – and the other side failed. One side effectively managed its resources while the other, beholden to an outdated way of thinking, could not adapt, with grave consequences.

 Matthew Borowick’s presentation on Civil War Economics is an overview of how the North and the South managed their finances in order to prosecute the war on the battlefield. The presentation provides a thorough overview of an often overlooked topic and will leave even the most informed Civil War students with insight into a part of the War they have likely not known.  Matthew’s purpose in this presentation is to provide an overview of a relatively unknown aspect of the War but one that had incredible consequences for each side.

Matthew Borowick has had a lifelong interest in the American Civil War, dating back to his days as a first-grader when he took his copy of “The Golden Book of the Civil War” to school daily. In 1992 he joined the Robert E. Lee Civil War Round Table of Central New Jersey, serving as its newsletter editor, advisory board member and webmaster. Later, he helped establish the Civil War Library and Research Center and was its first Executive Director.  Today, Matt is a regular columnist for the well-regarded Civil War News, serving as the author of “Round Table Review”, which describes best practices of Civil War round tables from throughout the country. In 2010, he authored and published The Civil War Round Table Handbook – The Indispensable Guide to Running Yours Right, which is available on Kindle at Amazon.com. He serves as a volunteer at Manassas National Battlefield Park. Matt earned a B.A. in Economics and an MBA in Finance from Seton Hall University and is employed by Seton Hall as its Interim Vice President for Advancement. He and his wife Kathy, who has been to more Civil War battlefields than she cares to admit, live in Monmouth Junction, NJ with their four children.