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The Lancashire Cotton Famine

In Our Time

00:00

Cotton Diplomacy - When Did It Begin to Go Wrong?

David Brown: The policy is naive, if not foolish. It shows the diplomatic inexperience of the Confederate cabinet who were beginning from scratch in 1861. There's no cash in the South because all Confederate currency is worthless once the war is over. You can't pay people. Getting the economy going again is going to be very difficult.

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