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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 ...
Over 90 percent of Confederate trade with Britain ended, causing a severe shortage of cotton by 1862. [1] Private British blockade runners sent munitions and luxuries to Confederate ports in return for cotton and tobacco. [2]
It signed a trade deal with the Union and considered Confederate ships as pirate ships, banning them from entering its waters. The Ottoman Empire stood to benefit from the Union's blockade of the Confederate ports, with the cotton industry of the empire (chiefly Egypt) becoming Europe's largest supplier of cotton as a result. [110]
The Bureau's involvement with and restrictions on the Texan cotton trade was heavily opposed by the Texas Legislature and Governor Murrah, who viewed the Bureau's activities as detrimental to legitimate business activity. The Texas Legislature almost unanimously opposed Confederate export duties on cotton, and accused officials in Richmond of ...
The Confederate government managed to honor the Cotton Bonds throughout the war, and in fact their price rose steeply until the fall of Atlanta to Sherman. This rise reflected both the increase in the underlying cotton prices and perhaps the possibility that George B. McClellan might get elected as US President on a peace platform. In contrast ...
Amazon's sales of Confederate flags have skyrocketed by more than 3,000% in the last 24 hours. People are snatching up the flags online after several major retailer — including eBay, Wal-Mart ...
Grant received contradictory information from Washington. The Treasury Department wanted to restore trade with the South, while the War Department believed profiteering from the sale of cotton aided the Confederacy and prolonged the war. Traders were allowed permits as long as the traders did not cross into Confederate held territory.