|View single post by borderuffian|
|Posted: Fri May 29th, 2009 04:39 pm||
They did secede.
Ole- Do we need to go through the procedures state by state? More than a few states rammed secession through without consulting their people.
The delegates to secession conventions were elected by the people, and their views on union or disunion were know at the time they were elected.
There was a merchant fleet in Europe. You know, the ones that imported cotton
Ole- You missed the part where that merchant fleet put into northern ports with its cargo, and went to southern ports to pick up cotton. How was that going to change?
They deliver their goods to Southern ports. 'Direct trade' as they called it. No middleman.
New Orleans, Mobile, Savannah, Charleston, and a few places in Virginia.
Ole- Agreed. They COULD have established a shipyard. But they didn't. Any idea how long it takes to build a shipyard and staff it?
No, not going to establish a shipyard. They DID have shipyards.
An English or French ship brings in the imports, returns to Europe with cotton. No Yankee middleman. No shipping, no commissions. No imports to sell South.
Ole- Those ports had decades of opportunity to work on that problem. The basic thing to overcome was that the goods were bought in the north and then transhipped to the few in the south that bought them. Imported goods go to merchants that buy; the south had little structure in the mercantile field.
True, but in 1861 european interests were already starting to change that situation.
That was their stance for a while until they finally realized how much they were going to lose. They were the ones who paid for the war.
Ole- Union bondholders got their money back. With whatever interest was promised.
Yes, follow the money.