According to the compromise, Texas would relinquish the land in dispute but, in compensation, be given 10 million dollars -- money it would use to pay off its debt to Mexico. Also, the territories of New Mexico, Nevada, Arizona, and Utah would be organized without mention of slavery. (The decision would be made by the territories' inhabitants later, when they applied for statehood.)
<span>New Mexico and Arizona</span>
Among blue-collar workers, a structural shift in China's economy, from ... The impact is pronounced in many of the hundreds of towns that ... As a local boss explains, “People simply won't pay more for a pair of socks.”
In the late 1800s, most Americans accepted laissez faire economics in theory. In practice, however, many supported government involvement when it benefited them.
The Appomattox Court House.