The second one, He wanted to protect the deal.
There was great wealth in the South, but it was primarily tied up in the slave economy<span>. In 1860, the </span>economic<span> value of slaves in the United States exceeded the invested value of all of the nation's railroads, factories, and banks combined. On the eve of the </span>Civil War<span>, cotton prices were at an all-time high.</span>
The colonies that became the original United States were, in general, part of of the British, Spanish, and Dutch land claims. Although it should be noted that many of the people escaping persecution were from England.