Losing the Thread

The book delves into the impact of the American Civil War on the cotton trade, highlighting how the conflict drastically reduced America's supply of raw materials for Britain's cotton industry from 80 percent to nearly none. It explores the consequences for the Liverpool cotton market, analyzing both the beneficiaries who thrived during this period and the victims who suffered due to the disruption of trade. Through this lens, the book provides a detailed examination of economic shifts and the broader implications of the war on international commerce.