>>> [EMAIL PROTECTED] 09/15/05 8:30 PM >>> The exports went largely to England, but northern business handled the finance including the loans to the South. Michael Perelman
On Thu, Sep 15, 2005 at 04:03:20PM -0700, Jim Devine wrote: > the North became diversified -- away from cotton-based production -- > over time. And if I remember correctly, most Southern cotton exports > went directly to England and not through the North. > Jim Devine <<<<>>>>> congress passed tariff (1816, if memory serves) specifically to protect 'infant' textile production that emerged when power loom (already used in england) was introduced to u.s., while southern slavers maintained that they agreed to tariff as temporary measure to help north recover from war of 1812 *and* tariff was, admittedly, on/off thing for decades (indication of slavocracy's influence/power), policy served purpose of fostering u.s. textile industry... re. michael p's comment about north handling cotton financial matters, this was sore point for slavers, something that they greatly resented and that they incessantly complained about (a kind-of 'dependency' argument was common), despite this, wealthiest elites lived in south during antebellum period... michael hoover -------------------------------------------------------------- Please Note: Due to Florida's very broad public records law, most written communications to or from College employees regarding College business are public records, available to the public and media upon request. Therefore, this e-mail communication may be subject to public disclosure.
