Category: Imperialist Adventures

Unceasing Blows and Sheer Attrition

In early May 1864, Grant moved across the Rapidan River in Virginia to pass quickly through the Wilderness before giving battle. Instead, there he lost some 26,000 men in the dense thickets. On June 3rd Grant lost “more men in the eight minutes of hottest fighting than in any period of the war.”  Though this carnage intensified the peace movement in the North, Lincoln provided Grant with an endless supply of immigrants, substitutes and conscripted men to continue this fearful slaughter. Lincoln, despite ruling the North with near-dictatorial powers, was well-aware 1864 was an election year and victories at any cost were needed before November.

Unceasing Blows and Sheer Attrition

“With the spring of 1864, the war entered a new phase. Union victories in the West had cut deeply into the economic and military strength of the Confederacy.  They had done more, for they had associated the names of Grant and his lieutenants with a habit of mind which connoted aggressiveness, strategy on a large scale, and victory.

It was not that Grant was a supreme master of the “science of war,” nor even that he merited full credit for the victories under his command . . . It was rather that a situation had been reached where, with Northern recruiting, Confederate depletion, and Grant’s sledge-hammer blows, the essential conditions of Union triumph had been presented.

Almost immediately [after Grant’s elevation to lieutenant-general] the final grand strategy of the war began to unfold itself, a strategy by which Grant used his numerical superiority and plunged ruthlessly ahead in Virginia, losing an enormous number of men, but wearing out the Confederates by sheer attrition; while in the lower South Sherman attained unenviable laurels by destroying vast amounts of food and other supplies in his “march” through Georgia and the Carolinas.  

It was by these unceasing blows at the heart of the Confederacy that the war, which had dragged on indecisively for three years, was brought to an end in 1865.”

(The Civil War and Reconstruction, James G. Randall, D.C. Heath and Company, 1937, excerpts pp. 539-543)

Slavery Way Down South

In the Aztec culture, war and the priesthood were the only paths “toward prestige, honors and riches,” with free land and slaves given as rewards for valor while subjugating neighbors. In the century prior to Spanish conquest, the merchant class included “slave traders whose centers of operation were in some of the large cities, but who kept purchasing bases in the furthermost cities.”

Slavery existed in all classic period Mesoamerican cultures: in Maya culture, the condition of slavery was passed down from one generation to another, often as punishment for offenses against the ruling class. “The majority of slaves, however, were prisoners of war or foreigners bought from traders. The destiny of these slaves was uncertain, and many must have ended their days as sacrificial victims.”  

Slavery Way Down South

“Aztec conquests always had religious or economic motives . . . in the principal cities of the Aztecs and their allies lived an artisan group who were in constant need of raw materials for the manufacture of consumer goods which were traded among the Aztecs themselves or exchanged for products from their neighbors and tribute-paying subjects.

Equally important was the development of the quasi-feudal system with an increasing demand for agricultural land and serfs for the benefit of the growing nobility. Last but not least was the need for slaves to be sacrificed to the gods as state and religion merged into one unified system.

In the last years of their brief history, the Aztec nation included more than 300 vassal tribes which never amalgamated into a political or administrative entity.

While Aztec merchants traveled the trade routes, transacting business and paving the way for new conquests, the warriors and governors exercised dominion by exacting tribute and gathering the designated quotas of prisoners to be sacrificed to the many gods of the Aztec pantheon.”

(Pre-Columbian Cities, Jorge E. Hardoy, Walker and Company, 1973, excerpts pp. 124; 128; 228)

The Fatal Precedent

The origins of the Mexican War are far more complex than usually presented in modern textbooks, with England figuring prominently into the reasons behind a hurried annexation. A need to preserve Texas as a reliable supplier of cotton, while limiting American expansionism, propelled Britain into mediating Mexican-Texan difficulties. While New Englanders opposed annexation on supposedly moral grounds, they coveted California which would give them a port more convenient for whaling and their opium traffic with India – the latter creating severe addiction problems in China.

John C. Calhoun opposed James Polk’s war with Mexico with a plea “that America never take one foot of territory by an aggressive war.” He added, “If fight we must, let us fight a defensive war.” He dismissed Polk’s assertion of “war exists with Mexico” as a “palpable falsehood.”

The Fatal Precedent

“The way Polk got the [Mexican] war started ensured that it would be vehemently protested in certain quarters. Shortly after Texas was annexed (December 29, 1845), Polk ordered General Zachary Taylor, commander of the army in Louisiana, to move to Texas to protect its southern flank on the Rio Grande.

In reality, the southern flank was the Neuces, 150 miles to the north; Mexico claimed the area between the two rivers, and the pretensions of Texas and the United States was without foundation. An American reconnoitering party of sixty-three men encountered a Mexican force near the Rio Grande and was attacked. Eleven were killed, five wounded and the rest captured.

When Polk received the news, he asked Congress to appropriate funds to support Taylor, declared that the Mexicans had invaded the United States and “shed American blood on the American soil,” and requested not a declaration of war but a recognition that “war exists” by virtue of Mexico’s action.

The Democratic majority in the House limited debate to two hours, read but a few of the documents Polk had submitted, and passed a bill calling for volunteers and appropriating $10 million. Just sixteen congressmen voted against the bill.

Among the few in Congress who spoke against the action was John C. Calhoun. Unlike northern opponents of the war, he had strongly favored the annexation of Texas, but he thought the war was avoidable, set a dangerous precedent . . . The passage of the appropriations bill with its “war exists” preamble in effect transferred to the presidency Congress’s power to declare war, for the president as commander in chief could order troops anywhere, provoke a fight, and present Congress with was a fait accompli.  

The precedent could prove fatal, Calhoun insisted, for it “will enable all future presidents to bring about a state of things, in which Congress shall be forced, without deliberation or reflection, to declare war, however opposed to its convictions of justice or expediency. The precedent would, indeed, be applied to Calhoun’s own State fifteen years later.”

(States’ Rights and the Union: Imperium in Imperio, Forrest MacDonald, University of Kansas Pres, 2000, excerpts pp. 150-151)

Only Congress May Draw the Sword

Alexander H. Stephen’s criticism of President James Polk sending American troops to the Rio Grande in July 1845 and threatening Mexico, inspired his arraignment of Lincoln in 1861 for leading the country into an avoidable war.

In Lincoln’s case, his party’s governors provided the troops for his unconstitutional actions and invasion of Southern States, and subjugated a free people with an “oath of allegiance administered at the point of a bayonet.” Stephens foresaw the treatment the South would receive.

Only Congress May Draw the Sword

“From [his] first speech in Congress to his last before the war, his straight line of endeavor was to preserve the Union under the Constitution. His opposition to Texan annexation was not pleasing to the South . . . and the first to bring him into national prominence, contained the oft-quoted sentences which revived against him at the South the charges of abolitionism while at the North he was accused of laboring for slavery extension:

“My reason for wishing it [the slavery limit] settled in the beginning, I do not hesitate to make known. I fear the excitement growing out of the agitation hereafter may endanger the harmony and even existence of our present Union . . . I am no defender of slavery in the abstract. I would rejoice to see all the sons of Adam’s family in the enjoyment of those rights set forth in the Declaration of Independence as natural and inalienable . . .”

The right of the Union to “acquire territory” and the wisdom of doing so were questioned. He declared for expansion but against imperialism: “This [annexation] is an important step settling the principle of our future extension. We are reminded of the growth of the Roman Empire which fell of its own weight; and of England, who is hardly able to keep together her extensive parts. Rome extended her dominions by conquest, she compelled provinces to bear the yoke; England extends hers upon the principle of colonization; her distant dependencies are subject to her laws but are deprived of the rights of representation.

With us, a new system has commenced, characteristic of the age. It is a system of a Republic formed by the union of separate independent States, yielding so much of their sovereign powers as are necessary for national and foreign purposes, and retaining all others for local and domestic objects. Who shall undertake to say how far this system may not go?”

He said, speaking of Mexican territory:

“No principle is more dangerous than that of compelling other people to adopt our form of government. It is not only wrong in itself, but contrary to the whole spirit and genius of liberty we enjoy.”

Asking if the Mexican war was waged for conquest:

“If so, I protest . . . I am no enemy to the extension of our domain . . . but it is not to be accomplished by the sword. We can only properly enlarge by voluntary accessions.”

In his denunciation of [President James] Polk’s abuse of power . . . :

“Only Congress can constitutionally draw the sword. The President cannot. The war was brought upon us while Congress was in session and without our knowledge. The new and strange doctrine is put forth that Congress has nothing to do with the conduct of the war; that the President is entitled to uncontrolled management; that we can do nothing but vote men and money to whatever extent his folly and caprice may dictate.

Neighboring States may be subjugated, extensive territories annexed, provincial governments erected, the rights of conscience violated, and the oath of allegiance administered at the point of the bayonet . . .”

(Recollections of Alexander H. Stephens, Myrta L. Avary, editor, LSU Press, 1998, excerpts pp. 31-32)

“Force of a Most Formidable Character”

In early March 1861, the new Confederate States government adopted a virtual free tariff, which quickly brought Northern merchants to their economic senses. Moses Kelly of the US Department of the Interior overheard many Southerners state that Southern ports planning direct trade with Europe “promised to deprive northern merchants of their position as middlemen and to eject northern manufacturers from the southern market in favor of European competitors.”

Further, the Philadelphia Press asked rhetorically: “If South Carolina is permitted to establish a free port with impunity, and to invite to her harbor all the ships of foreign nations, would not disaster in that event fall upon all our great northern interests?” It accurately predicted “an early reawakening of the Union sentiment in New York.” Thus true reason for total war against the South and destruction of her economic base was clearly revealed.

“Force of a Most Formidable Character”

“[By March 1861] it was evident that northern businessmen had carefully measured the consequences of disunion and the collapse of central authority and decided that they were intolerable. They had called for appeasement, but when that failed they were soon reconciled to the use of force.

Many of them concluded that property had received about as much damage from the crisis as it could, that “no new phase which the [secession] movement may take can have any further effect.”

Stocks had reached their lowest average quotations in December when the government seemed weakest, and even the approach of war failed to depress them that much again. As one commercial writer saw it, business was already suffering “all it could from a state of actual war.” And when war finally came the northern men of property united behind Lincoln to save the Union and restore the prestige of the national government.

When Yankee capitalists finally endorsed the use of military force against secessionists, they accepted the final remedy for a solemn threat to their property and future profits. Inevitably the holders of government securities looked upon disunion as a menace to their investments.

One conservative nervously declared: “So long as the right of secession is acknowledged, United States bonds must still be denounced as entirely unsafe property to hold . . .” To permit States to leave the Union at will, he warned, would mean that the “United States stocks are really worth no more than old Continental money.” With this in mind, when another government loan was offered in January, an observer shrewdly predicted: “Every dollar [New] York takes binds her capitalists to the Union, and the North.”

A basic tenet of the northern middle classes was that the value of property depended upon political stability. In effect, secessionists had made an indirect attack upon the possessions of every property holder. They had invited property-less Northerners, the revolutionary “sans culottes,” “the unwashed and unterrified,” to precipitate the country into “rough and tumble anarchy.” This “social and moral deterioration” might easily infect the lower classes with the radical idea “that a raid upon property can be justified by the plea of necessity.”

Conservatives looked apprehensively at the “immense foreign element” in northern cities and feared that revolution was “nearer our doors than we imagine.” From these recent immigrants could come the mobs to set aside all law and order and, with “revolver and stiletto,” sink the nation “into confusion and riotous chaos.” The only alternative, it was repeatedly argued, was to enforce respect for the Federal government everywhere.

[Northern] businessmen gradually became convinced that Southern independence would be almost fatal to northern commerce. American maritime power in the Caribbean and Gulf . . . would vanish . . . exclude the North from their trade . . . Even trade with the Pacific would be at the mercy of the South.

The northern monopoly in the coasting trade was a further casualty of the disunion movement. Vowing that he had “an interest and proprietorship in the Union of all these States,” [a] New Yorker concluded that secession would have to be checkmated by “force of a most formidable character.”

(And the War Came: The North and the Secession Crisis, 1860-1861 Kenneth M. Stampp, LSU Press, 1950, excerpts pp. 223-230)

Conservative Southern Democrats of 1917

Washington’s warning regarding foreign entanglements, as well as John Quincy Adam’s belief that America does not go abroad in search of monsters to destroy, were forgotten by Woodrow Wilson’s reign. In the latter’s time there were those in Congress who saw that Britain was a preferred creditor of American business interests and thus had to be bailed out with American lives and fortune.

The question must be asked: Had Britain been left on its own to seek an armistice with Germany, and Kaiser Wilhelm remaining on the throne, would a German nationalist rising out of American intervention and German defeat have occurred?

Conservative Southern Democrats of 1917

“[In] the period of neutrality of the First World War more Southerners opposed intervention and Wilson’s foreign policies than they did intervention and [FDR’s] foreign policies in the period of neutrality of the Second World War.

In an editorial of March 11, 1917, the Greensboro Daily News said the rich and the heads of corporate industry wanted war, not the great, silent masses. It was persuaded by its readers’ letters, it said, “that the masses of people of this section have little desire to take a hand in Europe’s slaughter and confusion.”

Several Southerners in Congress, such as Claude Kitchin of North Carolina, majority leader in the House of Representatives, and Senator James K. Vardaman of Mississippi, opposed Wilson’s foreign policy and upheld traditional isolationist views. Vardaman belonged to that “little band of willful men” who in February 1917 successfully filibustered against Wilson’s Armed Neutrality bill and was one of the six senators who voted against war with Germany.

In his opposition speech of April 8, 1917, to Wilson’s request for war, Kitchin insisted that the President’s foreign policy had been pro-British from the outbreak of hostilities. “We are to make their quarrel, right or wrong, our quarrel,” Kitchin said. “We are to fight out, with all the resources in men, money and credit of the Government and its people a difference between the belligerents of Europe to which we were and are utter strangers.” This was a view many isolationists, North and South, could accept.

Kitchin and the South resented, among other things, Britain’s blockade because of its adverse effect on cotton and tobacco growers . . . [as] in the first two years of the war, the South suffered more from the blockade than any other section. The possibility that the Southerners in Congress might join with the German-American and Irish-American elements to force a retaliatory arms embargo against the British for suppression of the cotton trade with Central Europe appeared in 1915 as a grave threat to Anglo-American relations.

“The cotton producers of North Carolina and the entire South are aroused over the action of Great Britain in declaring cotton contraband,” Claude Kitchin announced, according the Greensboro Daily News of August 27, 1915, “and they want the Administration to be as emphatic in dealing with England on this score as it has been dealing with Germany over others.”

Throughout the South there was a widespread campaign for retaliation against the British government.

The British, to pacify the South, finally made a secret agreement with the American government to buy enough cotton to stabilize the price at ten cents a pound. British buying . . . soon drove up cotton prices and the crisis passed.”

(The South and Isolationism, Alexander Deconde; The South and the Sectional Image, The Sectional Theme Since Reconstruction, Dewey W. Grantham, editor, Harper & Row, 1967, excerpts pp. 120-121)

European Recognition for the South

Napoleon III favored the South as he was committed to building a French empire in Mexico, and viewed Southern armies as his potential allies and the North as an adversary. Britain became convinced early that no mediation would work as the South wanted to part in a Union with the North, and that Lincoln would entertain no thoughts of political independence for the South. Rather than the popular belief that a dislike of African slavery was holding back European recognition for the South, it was Russian intrigue against France and England that sent the Czar’s Baltic and Pacific fleets to New York and San Francisco harbors in late 1863 for an eight month stay – and as a veiled threat to Europe to avoid mediation or intervention.

Bernhard Thuersam, www.Circa1865.org

 

European Recognition for the South

“Napoleon seized the initiative which was relinquished by Lord Russell, and late in 1862 . . . proposed joint mediation [of America’s war] to Britain and Russia. Napoleon’s proposal called for a six months’ armistice to lead to formal recognition of the Confederacy.

The proposal was politely but promptly turned down. Alexander II, Czar of All the Russians . . . still resented British-French intervention in favor of Turkey, which had led to the Crimean War. A year later – not before the fortunes of war had decisively changed in favor of the Union – Russia sent two fleets, one to New York and the other to San Francisco, as a demonstration of friendship.

The British answer . . . sent in November 1862, said in effect that mediation would have no chance of success. From St. Petersburg, on November 18, 1862, [Russian Prince Gorchakov] . . . assured the French Ambassador of his intention to instruct the Russian Minister at Washington . . . to join the intended “demarche of France and Britain in case there is a favorable reception on the part of the Union government.” Naturally, such a chance never existed.

[In January 1863, France offered] mediation to the United States government. The result was a blunt rejection by [Secretary of State William] Seward, supported by a Congressional resolution denouncing foreign interference in the strongest terms.

In June, 1863, when French troops entered Mexico City and the Confederacy was still undefeated, Napoleon received in private audience two pro-Southern Englishmen. They were John A. Roebuck, an ultraconservative MP, and his associate, William S. Lindsay, a representative of Britain’s powerful shipbuilding industry. After returning to London, Roebuck introduce a resolution in the House of Commons urging the recognition of the Confederacy and disclosing confidential details of his talk with the Emperor of the French.

[Edward T. Hardy, American-born] consular agent of the Austrian Empire in Norfolk, Virginia, [was extremely well-informed about Southern intentions and wrote] . . . “the Aspect of American Affairs,” . . . filed as an important document in the Imperial Chancery of Vienna.

Hardy’s sixteen-page handwritten report assumed that [Maximilian’s acceptance of the Mexican Crown was a foregone conclusion, and that, “an Empire having been proclaimed, a war with the United States in inevitable; and the next to importance to the pacification and reconciliation of the people of Mexico is a recognition of the Southern Confederacy, and an alliance offensive and defensive with it.” This sounds like an invitation to Maximilian from Jefferson Davis for a joint offensive against the Union.

(Lincoln and the Emperors, A.R. Tyrner-Tyrnauer, Harcourt, Brace & World, 1962, excerpts pp. 83-85; 90)

 

The Aftermath of New England’s Thanksgiving

The Pequot tribe inhabited the coastline of southeastern Connecticut before the arrival of the Dutch in 1614, and shortly afterward, the English. The Pequots did not welcome strangers who settled on their land, took their wild game, and infected the tribe with smallpox — warring between the tribe and the strangers soon commenced. Early on the morning of June 5, 1637, the English “murmured their prayers,” descended upon a sleeping village, set fire to the wigwams and killed some 400 Pequots. “The brutality of burning people alive did not faze the English” and one commander wrote “Sometimes the scripture declareth women and children must perish with their parents. We had sufficient light from the word of God for our proceedings.” After finally extinguishing the Pequots in 1638, the English turned upon their Indian allies to continue their efforts to make New England safe for European settlement, selling many into slavery in the West Indies.

Bernhard Thuersam, www.circa1865.org

 

The Aftermath of New England’s Thanksgiving

“The English were now determined to eradicate the remnants of the Pequots . . . The first band . . . were captured without resistance, and 40 of them were murdered by the English in cold blood. Some 80 of the women were handed over to the Narragansetts to become part of their tribe. The remainder were bound up and sent to Massachusetts Bay Colony to be sold as slaves, destined for the cane fields of the Caribbean.

Ultimately, according to [Commander John] Mason, some 700 additional Pequots were killed or captured in various groups. Those that had escaped became marked men. Hardly a week passed . . . that [English ally] Narragansetts or Mohegans didn’t appear with yet another grisly trophy. It brought joy to colonial leaders, who proclaimed gratefulness “that on this day we have sent 600 heathen to heaven.”

On October 1, 1638, in a document styled the “Treaty of Hartford,” the colonial government of Connecticut, along with its Indian allies, passed final judgement on the Pequots. Under the terms of the treaty, the remaining living Pequots were divided among the Narragansetts and Mohegans . . . [and] the Pequots could never again live in their homeland and could never again use the name Pequot.

The French traveler and historian Alexis de Toqueville recorded their extermination for the world after travelling New England in 1833. “All the Indian tribes who once inhabited the territory of New England – the Narragansetts, the Mohicans, the Pequots – now live only in men’s memories,” he wrote in Democracy in America after returning home.

Much of the 500 square miles of land that had once been under the domain of the Pequots was awarded to the winning commanders in the Pequot War. John Mason and Lion Gardiner were given huge plantations in what is now southeastern Connecticut. Thousands of settlers from the Massachusetts and Plymouth Colonies streamed into what today is the metropolitan area of Hartford.

Before the war, the body of water that flowed to Norwich was known as the Pequot River. The nostalgic English, after the war, renamed the waterway the Thames River.”

(The Revenge of the Pequots: How a Small Native American Tribe Created the World’s Most Profitable Casino, Kim Isaac Eisler, Simon & Schuster, 2001, excerpts 33-39)

 

The Revolution and the Rights of Man

Author John Keats argues that “the American Revolution was neither wholly American nor revolutionary,” and “represented the transatlantic evolution of European ideas whose origins were as old as Europe itself” – and territorial expansion. Add to this a poisonous mix of sharp-trading Puritans, pacifist Quakers and self-reliant Southern planters – “too many lumps of self-interest that simply would not melt” — and Jefferson’s borrowing and modifying phrases from Locke and Rousseau.

Bernhard Thuersam, www.Circa1865.org

 

The Revolution and the Rights of Man

“The American Revolution was particularly dangerous to America and the world because the ostensible reason for fighting was to proclaim and protect the rights of man. Since these were seen to be natural and universal, the American Revolution was implicitly designed for export.

The Revolutionary veterans began to export it without waiting for their government’s approval. Within nine years after the war ended, there were no less than two hundred thousand Americans – one tenth of the national population – settled in the eastern Mississippi valley lands claimed by Spain.

To the Spanish, the newcomers were violent, armed revolutionary republicans. Worse, they were heretics who belonged to a race long inimical and dangerous to the Spanish one.

But the pursuit of [westward expansion] policies could not be undertaken by anything so weak and vague as the [Articles of Confederation]. Worse, the confederation was unable to exert any effective control over the scores of thousands of Americans who were taking land for themselves in the west.

Some of these self-reliant and self-confident, people, very much afire with Revolutionary ardor, were entertaining ideas of capturing New Orleans, invading Mexico, liberating people there from Spanish rule, and so extending the blessings of republican liberties to a people tyrannously denied their natural human rights.

The soberest of the leaders of the confederation were well-aware that the military power of the United States was non-existent, and that its political power were nearly so. [It was time] to weld thirteen separate republican States into a single military power that could control and protect its property.

The delegates succeeded in producing a powerful legal instrument to this end, but two years after the Constitution was adopted, a popular concern to protect the gains of the Revolution demanded that the other shoe be dropped: A Bill of Rights was tacked on. Once this was done, the Revolution was now legally ready for export, because the ostensible reason for going to Valley Forge was built into the law of the land. In defending [the Bill of Rights], the Americans would always be on the side of humanity.

The Revolutionary Americans, caught in the mystique of their own ardent rhetoric, believed this at the time, and many Americans have believed it ever since: what is good for Americans is good for anyone in the world; the world must be made safe for republican democracy whether the world liked it or not.

So the Constitution, as amended, was a document that first created a military power, and then in the names of God, natural law and human rights gave the people of the United States a sacred and legal command to use. It is not, therefore, a historical accident that in its 193-year history, the United States of American has engaged in more wars with more different people in more parts of the world than any other nation in the long history of man on earth.”

(Eminent Domain: the Louisiana Purchase and the Making of America, John Keats, Charterhouse, 1973, excerpts pp. 215; 217-218)

 

The South and Northern Finance Imperialism

One of the outcomes of the devastation and destruction was a need for Southern men to find employment and rebuild their impoverished section, and this most often meant working under the direction of the conqueror. Though Lee refused “to accept a sinecure from a Northern business concern,” many former Confederate officers became the agents or attorneys of the invading capitalists and “took action that had all the earmarks of scalawagism”, in the words of the author below.

Bernhard Thuersam, www.Circa1865.com

 

The South and Northern Finance Imperialism

“One of the prices the South pays for its progressive industrialization is increasing servitude to Northern capital. New York has grown into the most autocratic city-state of modern times, with the Southern province of the United States as one of its important colonies.

The great financial houses of that and kindred cities control most of the region’s strategic industries, having sent out a second and third generation of carpetbaggers to found factories or to purchase those already existing. The Southern industries owned and controlled by outsiders include the region’s railroads, its coal fields, its iron reserves, its electric power, and its gas, Sulphur, and oil sources.

The existence of Northern patent monopolies and the absence of local machine manufacturing permit outside direction even of industries locally owned. The South manufactures its own cast-iron pipes, steel rails and bridges, and oils, but not its hardware, locomotives, automobiles, clocks, radios, dynamos, drugs, and many other finished products requiring the highest skill to produce and bringing in the highest profits.

Retail profits are siphoned out of the section by Northern-owned chain stores. The Southern businessman usually is a mere factor or agent of Northern principals, who control both production and distribution. His function is to sell [Northern articles] endeared to the Southern public through advertising. Some of these articles are as worthless as the wooden nutmegs the Yankee peddler is said to have imposed upon the public in ante-bellum times.

In 1937, economist David Coyle estimated that the South was paying out a billion dollars annually in excess of its income. It balanced its credit by selling property to investors from other sections of the country, by borrowing, by going bankrupt, and by destroying forests and lands to secure immediate incomes.

The possibility of the South revolting against its debtor status, in the manner of the Revolutionary planters against their British creditors, is ruled out by the outcome of the Civil War. That Southern leaders are able to reconcile the sons and grandsons of those who followed Robert E. Lee and William Jennings Bryan to the economic domination of the North caused Benjamin Kendrick to cry out bitterly in 1942:

“We are confronted by a paradox more amazing and ironical than any ever conjured by the imagination of Gilbert and Sullivan. The people of the South, who all their lives have suffered deprivation, want, and humiliation from an outside finance imperialism, followed with hardly a murmur of protest, leaders who, if indirectly, were nonetheless agents and attorneys of the imperialists.” What was true in 1942 is truer thirty years later.”

(The Everlasting South, Francis Butler Simkins, LSU Press, 1963, excerpt pp. 55-57)