Reuben Chapman (1799-1882) was the 13th governor of Alabama, serving from 1847 to 1849. A state legislator and U.S. congressman, Chapman was propelled into the governor's office by severe and lingering financial crises that centered on the State Bank of Alabama.

By the mid-1840s, events back home began to unfold that would propel him to higher office. Alabama by this time had endured a decade of depression, funding shortages, and sectional animosities between the planter-dominated Black Belt and the independent farmers of the northern hill country. In an era when each state determined its own currency policy, all of these tensions became focused on the status of the state-chartered Bank of Alabama, which was failing, and the issue of debtor-relief, which many Black Belt planters direly needed. The most prominent Democratic gubernatorial candidates, Nathaniel Terry and incumbent Joshua Lanier Martin, neutralized each other on these issues, with the former being pro-bank and pro-relief and the latter exactly the opposite. At the state nominating convention in 1847, these factions stalemated, and Chapman was brought forward as the compromise candidate. He won the general election handily.

Chapman was firm in his opposition to banks, and therein lay part of his downfall. In his inaugural speech, Chapman had announced his firm opposition "to the policy of chartering banks of any description." This intransigent stand was rapidly becoming a lonely one. With no settled policy on banking and currency, Alabamians had no stable money supply. As the price of cotton began to rise and influential men in both parties began to press their schemes for railroads to transport their crop, pressure for a rational banking system mounted. The impasse revived the career of Henry Collier, a Tuscaloosa lawyer, whose solution to the bank problem was to let them proliferate as privately chartered, state-sanctioned institutions. By 1849, Collier had won over most of the Democrats and a fair number of Whigs.

Even before his enforced retirement from state office, Chapman had become deeply involved in the controversy over slavery and its extension to the territories acquired after the Mexican War. The 1848 presidential election had been especially contentious, with northern Democrats joining antislavery Whigs in 1848 to form the Free Soil Party, whose platform endorsed the Wilmot Proviso, a rider to a wartime appropriations bill that would have barred slavery from any territories acquired from Mexico. The situation became even more complicated when gold was discovered in California, a territory primed for statehood. Chapman found his voice amidst this turmoil. He immediately expressed his opposition to any actions that might restrict the spread of slavery, and his public denunciations put him in line with a group of states' rights extremist Democrats. The rising star of this group was Alabamian William Lowndes Yancey, and it was he who presided over the Democratic convention in 1847 and who nominated Chapman.

For the next decade, Chapman spent most of his energy tending to his plantations. In his only other run for office, he defeated Jeremiah Clemens, a Know-Nothing candidate and relative of Samuel Clemens (better known as Mark Twain) for a seat in the state legislature in 1855. Although Chapman largely retired from politics, the state's Democrats began to adopt many of the Whigs' banking and economic schemes, but the Whig Party itself collapsed, at least partly because it was unable in the South to match the Democrats' intense rhetoric over slavery. By 1860, the pro-slavery zealotry of southern Democrats, especially from men like Yancey, had made it impossible for them to compromise. Too late, Chapman saw the probable destination of his party. When the Charleston convention of 1860 fell apart over the nomination of Stephen Douglas, Chapman travelled to a second convention at Baltimore to argue for reconciliation and compromise. He failed, then returned home to support the Confederacy. During the ensuing war, Chapman lost a son in battle, his home was burned, and he spent time imprisoned by federal troops. Like so many of his class, however, he came back and prospered, and his estate in Huntsville was considerable when he died on May 16, 1882. He was interred in Maple Hill Cemetery in Huntsville.
Additional Resources
Brantley, William H. Banking in Alabama, 1816-1860. 2 vols. Birmingham: Birmingham Printing Co., 1961.
Additional Resources
Brantley, William H. Banking in Alabama, 1816-1860. 2 vols. Birmingham: Birmingham Printing Co., 1961.
Inaugural Address of Governor Chapman, Delivered December 16, 1847. Montgomery: McCormick and Walsh, 1847.
Thornton, J. Mills, III. Politics and Power in a Slave Society: Alabama, 1800-1860. Baton Rouge: Louisiana State University Press, 1978.