In 1860, the manufacture of cotton textiles was Europe’s biggest industry, and European textile mills got over 90% of their cotton from the American South. However, as soon as the Civil War began, the Union navy began blockading Southern ports. Within a year, European textile mills began running out of cotton. Hundreds of thousands of Europeans lost their jobs. It was called the ‘Cotton Crisis’ in England, which was especially hard hit. Britain and many other European countries started looking for other sources of cotton. The British began getting their cotton from India. (Cotton is native to India.) Other European countries with overseas colonies also started growing cotton in lands they controlled. By the time the Civil War was over, the big European cotton buyers all had new sources for their cotton. Growing cotton for export to Europe had made Southern cotton plantation owners rich, but they lost the European market as soon as the Civil War began, and they never got it back. Southern cotton plantations were never as profitable after the Civil War was over as they had been before the war. I wonder – will history repeat itself? Will China and other countries that have been buying agricultural and mineral commodities from the U.S. come back and buy these products from the U.S. again after this trade war is over? Or – have we lost these markets forever?
In the 1930s, one of the most popular cartoon characters in America was Popeye the Sailor. The Popeye comic strip appeared every day in newspapers all over the U.S., and Popeye cartoons were seen in thousands of movie theaters all over the world. In 1936, a new character started appearing in Popeye cartoons named Eugene the Jeep. The Jeep was a strange creature with supernatural abilities. Eugene the Jeep could go anywhere and do anything. There was no obstacle that the Jeep could not instantly overcome. In 1941, the Willys Motor Co. began making a new vehicle for the U.S. Army with 4 wheel drive known simply as the Willys MB. Soldiers were astonished at the ability of this vehicle to go over terrain where no wheeled vehicle had ever been able to go before – and at high speed. We don’t know who was the first person to start calling this vehicle a Jeep, but whoever it was, the name caught on quickly and stuck. Below are pictures of Eugene the Jeep and a early model Willys MB.