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The main prewar agricultural products of the Confederate States were cotton, tobacco, and sugarcane, with hogs, cattle, grain and vegetable plots. Pre-war agricultural production estimated for the Southern states is as follows (Union states in parentheses for comparison): 1.7 million horses (3.4 million), 800,000 mules (100,000), 2.7 million dairy cows (5 million), 5 million sheep (14 million ...
The Confederacy believed that both Britain and France, who before the war depended heavily on Southern cotton for textile manufacturing, would support the Confederate war effort if the cotton trade were restricted. Ultimately, cotton diplomacy did not work in favor of the Confederacy, as European nations largely sought alternative markets to ...
King Cotton, a panoramic photograph of a cotton plantation in 1907, now housed in the Library of Congress "King Cotton" is a slogan that summarized the strategy used before the American Civil War (of 1861–1865) by secessionists in the southern states (the future Confederate States of America) to claim the feasibility of secession and to prove there was no need to fear a war with the northern ...
In the early years of the war the Confederate government had a hands-off approach to the railroads. Only in mid-1863 did the Confederate government initiate a national policy, and it was confined solely to aiding the war effort. [228] Railroads came under the de facto control of the military. In contrast, the U.S. Congress had authorized ...
Confederate President Jefferson Davis asked private citizens to restore the value of the Confederate dollar by mutually agreeing to sell and buy items only at reduced prices. [4] In October 1863, Confederate States Senator Louis Wigfall of Texas said that a Confederate soldier received $11 per month in pay, which was worth the same as $1 had ...
Map of the Confederate States with names and borders of states A Confederate state was a U.S. state that declared secession and joined the Confederate States of America during the American Civil War. The Confederacy recognized them as constituent entities that shared their sovereignty with the Confederate government. Confederates were recognized as citizens of both the federal republic and of ...
When the American Civil War broke out on April 12, 1861, the newly formed Confederate States of America had no ships to speak of in its navy.In the months leading up to the war, the Confederate government sought help from the United Kingdom to overcome this, as much of Britain's industry depended on cotton exports from the American South. [4]
Issued loans accounted for roughly 21% of the finance of Confederate war expenditure. [4] Initially the South was more successful in selling debt than the North, [2] partially because New Orleans was a major financial center. Its financiers bought up two-fifths of a 15 million dollar loan in early 1861. [8]