The South tried to finance the war by making more cotton. This was bad for the slaves because that meant that they would have to world harder.
Cotton and drugs
you finance a war by paying taxes :)
to prevent war
War Finance Corporation was created in 1918.
War Finance Corporation ended in 1939.
It has to do with the industrialization and the banking and finance development of the North. The South was mostly agriculture and less profitable enterprises. The civil war was really a war caused by economy and business interests rather than slavery abolition.
The South only had a small financial institutions, while most of the wealth and currency resided in the North. In addition, Southerners bore a lot of debt on their farms. They were not in a good position to finance a war effort.
Try popular finance web sites such as Yahoo Finance (finance.yahoo.com).
Yes, almost everyone did. But especially the South. (Try 'Gone with the Wind')
Joseph Frederick Parkinson has written: 'Some problems of war finance in Canada' -- subject(s): Finance, Finance, Public, Public Finance, World War, 1939-1945
the dependence on cotton farming in the South
North or South Viets?