CIVIL WAR RESOURCES

northern population

22 million, 2 million slaves from union-loyal southern states, Emancipation proclamation meant black regiments were formed

inflation in the union

80%

fraction of union income from bonds

2/3

% of union income from income tax

20%

resources north had, that south didn't

more men

greater manufacturing capacity

more soldiers

bigger navy

more agricultural capacity

access to gold and silver in the west

established government systems

internal revenue act

1862, introduced income tax

legal tender act

1862, authorised paper money

number of acres bought under cultivation by union during the war

2.5 million

fraction of west point graduates that were northern

2/3 1820-1860

agricultural capacity of north compared to south

6x the south

manufacturing capacity of north compared to the south

10x the south

use of the merchant navy

blockaded the south

negative impacts of the war on north

nearly had a financial crash in 1861-2 and 1863-4, salmon chase prevented them

economy a bit precarious during the war

New England cotton mills suffered from new high tariffs and lack of southern cotton

shrunk labour force because of amount of people serving

population shrunk 5.6% over the war

economic growth in the 1860s slower than any other decade in the century

south population

9 million, 5.5 million whites

inflation in the confederacy

5000%

taxation in kind act

1863, allowed government agents to collect 10% of the produce harvested by farmers contributed to shortage of goods but supplied rebel armies with food

impressment act

1863, allowed the Confederate government to take any property it desired from Confederate citizens for the war effort.

number of men mobilised in confederacy

900k, 40% of white male population

size of the confederacy

2 million km

weakening of confederate resources

economic problems the achilles heel of confederacy, lee's offensive wasted few resources the south had by 1864