To: WhowasGustavusFox;shuckmaster
Thank you much. Lincoln made it obvious in his inaugural speech that it not about slavery or union, it was about money.
8 posted on
05/21/2002 2:37:32 PM PDT by
4CJ
To: 4ConservativeJustices
Lincoln made it obvious in his inaugural speech that it not about slavery or union, it was about money. Actually, it was the slaveocracy that made it obvious that secession was about money, their perception of a threat to the $4 billion of capital invested in human flesh. The irony, of course, is that their actions precipitated the destruction of this capital.
10 posted on
05/21/2002 2:51:00 PM PDT by
Restorer
To: 4ConservativeJustices
Due to the recession in the North of 1857-58, and the excessive infrastructure spending by Congress, the Federal Debt had swelled to unprecedented levels. And with 98% of the US Treasury dependent on tariff revenue, and that being fed by Southern produced goods (gone as of Feb., 1861) to the tune of at the very least 65% of the total revenue, on March 4, 1861 the Federal government was broke. The Southern states seceded for a variety of reasons, but Lincoln, hounded by bankers and businessmen, brought the fight South to protect the US Treasury.
To: 4ConservativeJustices
Lincoln made it obvious in his inaugural speech that it not about slavery or union, it was about money. And the south made it obvious in their declarations of the causes of secession that it (was) not about money or the union, it was about slavery.
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