The demand for imports in the South was artificially constricted by the added taxation for stuff the South wanted. (I believe the costs of some things were doubled.) Once the extra costs were gone, there would have probably been quite a lot of demand for English rail road iron, cars, engines, and other machinery, iron implements and such.
Off day. I'm fighting a bug and am a little under the weather.
Well I hope you get to feeling better. Nobody likes being sick.
Like?
(I believe the costs of some things were doubled.)
For example?
Once the extra costs were gone, there would have probably been quite a lot of demand for English rail road iron, cars, engines, and other machinery, iron implements and such.
Why? Leaving aside for the moment that there was no tariff on railway engines, there wasn't a lot of demand for it in the South before the rebellion. Add to that the fact that the Confederacy enacted their own tariff so prices of imports wouldn't drop that much. Plus all the items they used to get from the North now was taxed as imports.
The long and short of it is that before the rebellion upwards of 95% of all imports entered through Northern ports. After the rebellion you would have us believe that all those imports would all go south. If the demand wasn't there before the rebellion why would that change?