"It is an error to say that Cotton is King.¬†It is not.¬†It is a great and influential factor in commerce, but not its dictator."
A. The South hoped that the cotton trade would force Britain to be an ally during the Civil War, but Britain had other options and never recognized the Confederacy as a separate nation. B. The South hoped to finance the Civil War with procedes from Cotton, but the Union burned their fields and so they had to turn to tobacco. C. The North hoped that the South would sell its cotton to the Union army in order to make uniforms, but the South withheld its cotton as a war tactic to try to cripple the northern cities. D. The South sold its cotton to India and Egypt, thereby bypassing old markets in Britain and making money for the war. E. The South burned its own cotton in order to keep it from falling into Union hands.