Carpetbagger was a derogatory name used by Southerners to describe Northerners in the South in the period after the Civil War.
Southerners did not like carpetbaggers as they thought most of them only came to take advantage of the devastation of the Southern economies as a result of the Civil War and make a quick profit from the situation.
Considering that Speaker 2 wants to move to the South from the North to buy cotton land cheaply, they are most likely a carpetbagger trying to take advantage of Georgia's economic devastation to make a profit.
