HST 101 Lecture 24: 12/1 lecture
Document Summary
Confederates needed to control forts within their territory. Lincoln ordered supplies sent to fort sumter, sc. North needed to defeat the confederacy: blockade southern ports, capture confederate capital - richmond, capture mississippi river. 1862 1st national conscription imposed due to shortage of troops (draft: white males 18-35 required to serve 3 years raised taxes imposed tax-in-kind (farm products) impressed slaves for construction. Confed gov forced industry to accept gov contracts. Gov took control on railroads imposed limits on corporate profits and dividends. Confederate gov allowed wealthy to hire substitutes: -6000. Men who supervised 20+ slaves excused from military service. Angry response from non-slave owners and the poor. Northern wartime economy initial effects on factories: drop in manpower, drop in supplies (textile mills, recovery as 1/3 factory workers women farms lacked manpower, dev of new agricultural tools treasury issued bonds and paper money. New taxes: excise tax first income tax. Demand for military supplies benefited northern manufacturers: steel iron, railroad.
