They would lose profit from all of the cotton feilds
I believe that statement is True.
For example, let's compare two technques of conflict management : Compromising and Standing your ground.
When being in conflict with other people with equal standing, using compromising technique tend to be the most effective.
But when you are in a conflict when other people blatantly discriminating you, standing your ground would be the most effective.
True the 1920's where called the Roaring 20's Hope this helps! ^0^