Quotes from W.E.B. Du Bois.

The new organization of northern wealth was not comparable to the petty bourgeoisie which seized power after the overthrow of European feudalism. It was a new rule of associated and federated monarchs and finance wielding a vaster and more despotic power than European kings and nobles ever held. It was destined to subdue not only simply Southern agrarianism but even individual wealth and brains in the North which were creating a new petty bourgeoisie of small merchants and skilled artisans.