During the period under study, Valley cotton production increased fortyfold, the slave population, 17 times. “The greatest economic boom in the history of the United States” was in progress. Cotton was “the largest single sector of the global economy.” Planters were part of “a network of material connections that stretched from Mississippi and Louisiana to Manhattan and Lowell to Manchester and Liverpool.” Indeed, the “rate of exploitation of slaves in a field in Mississippi … was keyed to the exchange in Liverpool (port of entry for 85 percent of U.S. planters’ cotton) and the labor of mill hands in Manchester.”
In New York southern cotton was re-sold, re-graded, and re-loaded onto other ships for the Atlantic crossing. That city consumed 40 percent of all income generated through cotton sales. Cotton made up two thirds of all U.S. exports. Yet only 10 percent of U.S. imports ended up in cotton-producing states. Southern manufacturers lacked essential equipment manufactured abroad. Cotton producers endured shortages of imported plantations supplies. full: http://www.counterpunch.org/2014/03/25/slavery-cotton-and-imperialism/ _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
