Comment: The North was heavily in debt

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The North was heavily in debt

The North was heavily in debt using paper fiat currency, with very little exportation. The South still manufactured and exported and primarily still used gold. The North was desperate for the gold that the South had in abundence and the North had very limited amount thereof.

Don't forget, at that time the States still were semi-independent. The US being a Union wasn't considered a single country. This didn't happen until after the un-Civil War.

So yes, the Union was seperating because the North was trying -through legislation- to take the wealth of the South. Lincoln untilized the un-Civil War to turn a Union into a Country, redistribute the wealth, and do it all under the auspices of freeing the slaves.