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The huge wealth of the cotton trade had worked against the waging of a sucessful war.

The planters had begun to fantasize that they were a noble breed of chivalry, too good for the factory life, and young men were discouraged from going into industry.

So when the Union blockade prevented the South from exporting its cotton in exchange for war-supplies, they had almost no manufacturing capacity to fall back on.

And after Lincoln issued the Emancipation Proclamation (turning the war into an official crusade against slavery), they could no longer expect any aid from free nations abroad.

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