Why wouldnt I like it? I see nothing new in what you posted in 540, and nothing to put a burr in m6bsaddle. Southerners were getting 60% of the gross, and New York firms 40%. Wheres the outrage?
You zero in on that "40%" thing, and completely ignore how New York had sewn up the entire market. Though why you think 40% of the entire profit is reasonable for people who just moved the material, I don't know. Do Shippers nowadays get 40% of the Net?
That article clearly demonstrates that New York would have taken a massive economic hit if the South had established normalized European trade.
But what is truth to people bent on dogma?