Hay Quotes
The South’s economy was based on Cotton and the way they raised cotton depended on slaves. From the point of view of the South, giving up slavery meant economic ruin. Their great mistake many think, was to not have used the time from the American Revolution to the 1860s to diversify their economy and do what the North and the Midwest had done and industrialize. Then they could have ended slavery without the devastating economic consequence. But they did not, and the result was history for the world and disaster for the South.