If I follow it correctly, PeaRidge's argument seems to go like this:
And that's the real reason making Deep South declarations of secession "necessary", they say!
For example, if you were a Southerner of means, which would seem the better investment to you -- building & owning a ship to transport cotton to Europe, or buying land & slaves to produce & sell cotton?
Well, the numbers clearly show that slave-grown cotton was both more profitable and more reliable than shipping.
For one thing, ships normally only depreciate, whereas slave families over time grew and appreciated.
So it could have nothing to do with alleged Washington discrimination against Southerner shippers and everything to do with where were Southerners best advised to invest their money?
Apparently Pea feels that the south couldn’t afford to wait for Title IX to grant them “equal” (guaranteed) opportunity to a piece of the pie.
I can't see getting the goods to New Orleans and then having to backtrack to Eastern ports. Or taking goods from the East Coast to New Orleans to send off across the Atlantic.
There were perfectly logical reasons why New Orleans or Mobile or Galveston couldn't fully compete with ports on the Atlantic. The population centers were still in the East, so shipping would be heaviest between East Coast ports and Europe.
Why it was New York that came out on top, rather than Philadelphia, Boston, Baltimore, or Norfolk is another question, but in the 19th century geography stacked the deck against the Gulf ports.