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King Cotton, a panoramic photograph of a cotton plantation in 1907, now housed in the Library of Congress "King Cotton" is a slogan that summarized the strategy used before the American Civil War (of 1861–1865) by secessionists in the southern states (the future Confederate States of America) to claim the feasibility of secession and to prove there was no need to fear a war with the northern ...
[3] In doing so, the Confederacy hoped to gain valuable allies to fight alongside them during the Civil War, or to generate enough profit from cotton to sustain the war effort. In 1860, Europe consumed 3,759,480 bales of American cotton and held 584,280 bales of American cotton in reserve, compared to a mere 474,440 bales of East Indian cotton ...
Presidential elections were held in the United States on November 6, 1860. The Republican Party ticket of Abraham Lincoln and Hannibal Hamlin [2] won a national popular plurality, a popular majority in the North where states had already abolished slavery, and a national electoral majority comprising only Northern electoral votes.
By the time the 1860 election occurred, the heavily agricultural Southern states as a group had fewer Electoral College votes than the rapidly industrializing Northern states. Abraham Lincoln was able to win the 1860 presidential election without even being on the ballot in ten Southern states. Southerners felt a loss of federal concern for ...
By 1860, 16% of Americans lived in cities with 2500 or more people; a third of the nation's income came from manufacturing. Urbanized industry was limited primarily to the Northeast; cotton cloth production was the leading industry, with the manufacture of shoes, woolen clothing, and machinery also expanding.
In 1860, American tariff rates were among the lowest in the world and also at historical lows by 19th-century standards, the average rate for 1857 to 1860 being around 17% overall (ad valorem), 21% on dutiable items only. The Morrill Tariff immediately raised those averages to about 26% overall, or 36% on dutiable items.
The cotton industry played a significant role in the development of the American economy, with the production of cotton being the major source of income for slave owners in the southern United States prior to the Civil War, while the transport of said cotton to English and French mills and beyond became a mainstay of Northern shipping.
1860 presidential election; Crittenden Compromise (1860) ... In 1812, Louisiana, a major cotton producer and the first to be carved from the Louisiana Purchase, had ...