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To: Bull Snipe
Yes the New Englanders made money trading slaves. Yes the Boston, New York, and Philadelphia bankers financed the slave trade. They made money insuring the cotton cargos bound for Northern or European textile trades. They made money in shipping the cotton crop to New England and Europe. They made money loaning money to Southern planters to buy more land, and more slaves so they could grow more cotton.

And it was the likelihood that this money stream would cease, and worse, be used *AGAINST* them, that triggered the war necessary to stop this threat to their finances.

The money powers were fine with slavery so long as *THEY* controlled the slave produced money.

They were not about to let that money producing engine go independent. They would rather murder everyone in the South before they were going to allow that to happen.

190 posted on 03/07/2020 12:11:46 PM PST by DiogenesLamp ("of parents owing allegiance to no oither sovereignty."/)
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To: DiogenesLamp

Okay


193 posted on 03/07/2020 12:18:14 PM PST by Bull Snipe
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