What would happen if no cotton was furnished for three years? …. You dare not make war on cotton. No power on earth dares to make war upon it. Cotton is king.
This speech was a threat to the North.
The $100 bill may be America's most successful export.
We will establish trading posts throughout the world … cover the ocean with our merchant marine. Our institutions will follow the flag on the wings of commerce.
If you look at history, there seems to be a regular pattern: the country with the most powerful military also happens to be the one with the world trade currency. That gives them an enormous economic advantage, which causes goods to flow into their country.
The Continent will not suffer England to be the workshop of the world.
If we intend to have the trade of the world, … we must be in a capacity of serving all markets and all humours.
We have to make sure America writes the rules of the global economy, and we should do it today while our economy is in the position of global strength, because if we don't write the rules for trade around the world, guess what: China will.
It is impossible for any power to become eminent in commerce, without excelling in manufactures and navigation. America is capable of supporting and increasing both …
China has concluded that trade trumps all.
