Secrets of the Late Rebellion, Now Revealed for the First TimeFreese, Jacob R.
History
Secrets of the Late Rebellion, Now Revealed for the First Time
Freese, Jacob R.
United States -- Politics and government -- 1861-1865
Not long after the United States government had given notice to other
nations of the blockading of Southern ports, efforts were made to break
or disregard it. Liverpool merchants claimed that, under the treaty
between this country and Great Britain, they had the right to enter any
port of the United States, and that the attempt to enforce the blockade
against British ships was an infringement of national law. The English
government having already recognized the blockade as a belligerent
right, the British minister in reply told the Liverpool merchants that
"if any British ship, being a neutral, knowingly attempts to break an
effective blockade, she is liable to capture and condemnation."
Notwithstanding this notification, scores of British merchants resolved
to take the risk of running the blockade, because of the immense profits
to be made therefrom. To buy cotton for ten cents, and then sell it
for thirty cents, per pound, and then to pay the ten cents in arms,
accoutrements, and other English manufactured goods, on which they could
make a profit of at least one hundred per cent., were opportunities
which seldom occurred, and which, in-their estimation, would justify
great risks. Nor were British merchants the only ones who took this view
of the case, as the sequel of this history will show. The merchants and
other moneyed men of New York, Philadelphia, and Baltimore were just as
eager for the "almighty dollar," and were quite as ready to take risks
to obtain it. The risk was lessened from the fact that the coast to be
guarded extended over three thousand miles; that the number of vessels
to guard it (heretofore given) were but few in proportion to the length
of coast; and that the Southern Confederacy was as anxious to have them
bring their goods and take their cotton in exchange, as English and
Northern merchants 'were to do it. Every Confederate fort and every
Confederate soldier was ready to render all the aid possible to every
blockade runner, no matter whether from London, Liverpool, Nassau, New
York, Philadelphia, or Baltimore. As an evidence of the extent to which
trade by blockade running was carried on, it has been estimated that the
amount of ships and cargoes sent in by English capitalists to the
one port of Wilmington, N. C., from January, 1863, to December, 1864,
amounted to $66,000,000. What, meanwhile, was the extent of trade
between Wilmington and other Southern ports with New York, Philadelphia,
and Baltimore capitalists is not known, but probably as great, if not
greater, than with English capitalists.
Public-domain text, read in full here on John Shaqi.
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