[DiogenesLamp]

I'll give you a further insight, and one that took me a long time to realize.

If you run those numbers you will discover that in 1859, the Southern states accounted for nearly 75% of all money earned by exports.

You can be forgiven if you assume that 3/4ths of the Imports were purchased by the Southern States from whence came the money to buy those imports, but if you thought that, you would be incorrect.

90% of all the money ended up in New York.

So therein lies the mystery. If 3/4ths of the money earned by exports came from the South, then why did virtually all of the import goods get funneled through New York instead of going directly to the Southern States from whence came the money to purchase them?

It took me awhile to learn the answer to that question.

Once again, why does all the money funnel through New York? Why does that happen?

[marktwain]

Center of manufacturing and distribution.

[DeoVindiceSicSemperTyrannis]

Good graphics.

[wgmalabama]

The south haters will be on you like flies on you know. Pointing out the south was getting screwed in the union to epic proportions and could be a cause or partial cause of the civil war will bring out all the public school and yankee freezers.

[reg45]

Prior to the Civil War, the United States was an agricultural economy. Industrialization occurred later, starting in the 1880’s.

[x]

The idiocy, it never stops.