In the North, the war produced the same suffering as in the South, but "it also produced prosperity and economic growth by giving a major stimulus to both industry and agriculture," says Brinkley (Brinkley 384). Since all Southern products were out of reach for Northern Americans, the North enacted a completely nationalistic program to promote economic development. .
According to Richard N. Current author of "God and the Strongest Battalions," "in cotton, the South had a cash crop of great value, and yet, in the midst of war, Southerners reduced their planting, burned the bales they had on hand, and discouraged shipments abroad" (Current 24-25). Furthermore, drafting of Southern slaves robbed cotton farms and industries of male work. In opposition to burning the cotton, the Vice- President of the Confederacy, Alexander H. Stephens, proposed to gain profit by selling cotton in Europe, but by the time the idea had actually fallen into place the Northern blockade had already become too tight. Currrent explains that "Not until the third year of the war, however, did the government take complete control of cotton exports and push them with determination. If this program had been taken earlier, probably Confederate finances could have been made much stronger then they became" (Current 27). Fortunately for the North it was much too late for this experiment to show any signs of its success. .
Between the North and the South, the North simply had the upper hand when it came to raising revenue for the war. "Of the Confederacy's income, to October 1864, almost 60 per cent was derived from the issue of paper money, about 30 per cent from the sale of bonds, and less than 5 per cent from taxation (the remaining 5 per cent arising from miscellaneous sources). Of the Union's income, by contrast, 13 per cent was raised by paper money, 62 per cent by bonds, and 21 per cent by taxes (and 4 per cent by other means)" (Current 27).
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