Fiver, that's all well and good, but no amount of destroying his credibility (He has none left) will get him to change his belief system.
It is an interesting point that 10% of the southern states' work force was in the union army. I wonder if Fiver meant "union" or simply in the army in general.
Pre-war, the US had a 13,000 man army on a $17m budget. For the post-war CSA to maintain a 100,000 army will require a $130m budget. If we generously assume the CSA has a full 1/3rd of US GDP in 1860, that gives them a GDP of $1448m.
So funding the CSA army at those levels will require about 9% of GDP taken in taxation. Adding in costs for a navy and the civilian government could easily reach $200m-$250m, which is 14-17% of GDP.
That 100,000 man army is also about 1/7th of the CSA's white work force. Add in the men serving in the Union army and the Confederacy has suffered a 25% manpower loss, which will do bad things for the CSA economy.
I just wanted to add context to the statement that the grayback had lost 80% of its value by April 1863. The Union greenback had also lost considerably having lost 66% of its value.
It is an interesting point that 10% of the southern states' work force was in the union army. I wonder if Fiver meant "union" or simply in the army in general.
I am still trying to get my mind around the relative size of the UK home islands and the US economies in 1860. If you simply take the nominal then year GDPs in 1860 dollars and pounds and the average exchange ratio, the UK home islands GDP was 91% of that of the US.
He's confusing "workforce" with "military population", and making an overly generous set of assumptions.
From this PoV Southern Unionists make up around 3% of the Union Army.
Removing multiple enlistments, bounty jumping attempts (and there were a lot of these) and some Tennessee militiamen you'd be in the right ballpark to estimate that maybe 30-40,000 men really soldiered for the Union.
The 11 states in 1860 had a population of 9,101,090, so overall the enlistments total a little under 1% of the CS population, or, removing the slave, you might suggest that about 0.4% of the white southern population enlisted in the Union Army, after account for reenlistments etc.
War dept =/= US Army.
The numbers add up. You just don't understand that the majority of War Dept spending was on coastal fortifications.
The secession was a done deal in California. The Pico Act had passed in 1859. It was awaiting Federal approval that never came because of the ACW. No ACW = a state of Colorado in southern California.
The south generated ca. 80% of all specie traded (by selling cotton etc.), with California producing virtually all the rest (the California and Nevada mines produced about $70 m pa and the set exchange rate of $20.66 per ounce).
Kansas? You're kidding, right?