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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.
The main prewar agricultural products of the Confederate States were cotton, tobacco, and sugarcane, with hogs, cattle, grain and vegetable plots. Pre-war agricultural production estimated for the Southern states is as follows (Union states in parentheses for comparison): 1.7 million horses (3.4 million), 800,000 mules (100,000), 2.7 million dairy cows (5 million), 5 million sheep (14 million ...
An 1862 newspaper illustration showing people queueing for food and coal tickets at a district Provident Society office. The Lancashire Cotton Famine, also known as the Cotton Famine or the Cotton Panic (1861–1865), was a depression in the textile industry of North West England, brought about by overproduction in a time of contracting world markets.
[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 ...
In 1860, there were 2650 cotton mills in the Lancashire region, employing 440,000 people. The workers, 90 per cent of whom were adults and 56 per cent females, were paid a total of £11.5 million per annum. The mills used 300,000 hp of power, of which 18,500 was generated by waterpower. The mills had 30,387,467 spindles and 350,000 power looms ...
The use of cotton for fabric is known to date to ... In 1860 the slogan "Cotton is king" characterized the attitude of Southern leaders toward this monocrop in that ...
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 ...
The earliest cotton mills in the United States were horse-powered. The first mill to use this method was the Beverly Cotton Manufactory, built in Beverly, Massachusetts. It was started on 18 August 1788 by entrepreneur John Cabot and brothers.