[DiogenesLamp]

But they would have remained Northern owned. The profits would have gone North.

I'm not following you here. Why must the profits go back to the North? You do not think such men would come and settle in the South permanently? Why?

[Bull Snipe]

“Shipping companies were relocating to Charleston, and a whole host of Northern based industries were looking to get in on the action.” They were expanding into the South. Their center of operations would have remained up north.
Profits go to the Headquarters