By William Woodruff
Booklet by means of Woodruff, William
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Additional resources for America’s Impact on the World: A Study of the Role of the United States in the World Economy, 1750–1970
16 The voluntary retreat of the Russians, and the collapse in Mexico (also in 1867) of French efforts to recreate an American empire (under Maximilian of Habsburg, younger brother of the Austrian emperor, Franz Joseph, and protege of Napoleon III of France), finally ended European ambitions in the North American continent. Within eighty-five years, American territory had grown from 393,152 square miles to 3,022,387 square miles, or about eightfold. Alaska added a further 586,400 square miles. Accompanying the growth in territory was a growth in numbers from approximately two and a half millions to thirty-two and a quarter millions.
Cotton diplomacy' failed partly because large stocks of raw cotton were already on hand in Europe, and also because alternative supplies were obtained from India and Egypt. Offsetting the decline in the cotton trade in Europe was the expansion of other European industries, including wool, linen, iron, shipbuilding and armaments. Moreover Britain's reliance upon American grain, as well as its North American carrying trade, were not to be thrown over in a bid to help the south. Nevertheless the impact upon the Lancashire cotton industry alone was devastating.
The north did not fight to free the Negro; it fought to preserve the Union. For Lincoln nothing else mattered. In a letter of 22 August 1862, to Horace Greeley, editor of the New York Tribune, Lincoln, who had long believed that slavery was wrong 17 but had never felt compelled to become a reformer on that account, wrote: My paramount object in this struggle is to save the Union, and is not either to save or destroy slavery. If I could save the Union without freeing any slave I would do it, and if I could save it by freeing all the slaves I would do it; and if I could save it by freeing some and leaving others alone I would also do that.
America’s Impact on the World: A Study of the Role of the United States in the World Economy, 1750–1970 by William Woodruff