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How Did the Global Cotton Trade Change?
Dramatically. The boost given to competitors who were really in no shape, way or form competitors to the American South in the 1850s is immense. There's a rush to find alternative supplies of cotton in Brazil, in Egypt, but most notably in India where large acreages of formerly uncultivated or farming land is put to cotton production. And one of the interesting things about it is that actually with the new cotton coming on stream from these lands and then the South eventually getting its act together and producing cotton, there is more cotton in the late 19th century world than ever before.