Lincoln was fighting on behalf of bankers. The greatest fear of the Northern ruling class was that all of their trade would start going through Southern ports if the Confederates won their independence.
Isn’t it also true that a large amount of the federal government was funded by Southern states’ trade? Before income tax, the gov got most of its money through tariffs/exports so I imagine the region with the hottest commodities would be subsidizing the gov too
Bankers and Globalist Democrats...
Lincoln was fighting on behalf of bankers. The greatest fear of the Northern ruling class was that all of their trade would start going through Southern ports if the Confederates won their independence.
Isn’t it also true that a large amount of the federal government was funded by Southern states’ trade? Before income tax, the gov got most of its money through tariffs/exports so I imagine the region with the hottest commodities would be subsidizing the gov too
Not as much as people think....
https://www.nas.org/blogs/article/slavery-did-not-make-america-rich