Railroad building had slowed down between 1855 and 1860.

wausaubob

Colonel
Joined
Apr 4, 2017
Location
Denver, CO
The St. Louis Fed posted this graph:
1618175816313.png

https://alfred.stlouisfed.org/serie...tm_term=related_resources&utm_campaign=alfred
This is just part of the evidence that the southern leaders were not mistaken about the strength of their region. The northern economy had slowed relative to the south, because the 10 cotton states enjoyed strong international sales.
But its also true that a history of the US Civil War based on 1860 as the starting position ignores that the northern economy was in a recovery period and the cotton economy had reached one of its peaks and was likely to experience over production problems.
 
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