Just from reading, it turns out that the monetary 'worth' of every slave in the Confederacy was equal to exactly half of what was spent prosecuting the war up until 1864. Could the North have maintained peace by the simple expedient of 'buying back' the freedom of these slaves? It would have saved the South as a political entity and country, saved the North a whole bunch of cash, and created 4 million very loyal newly freed colored people, all in the same hit! Shelby foote states that the Civil War arose "From a failure to compromise." Was this the ultimate compromise? Was the North so bent on taking apart the Southern Succession States that it missed the obvious move? What would the reaction in the south have been? Slave owners always objected to freeing slaves on monetary grounds, so if this particular thing was met by aboloitionists, if every slave was made free by 'buying him/her back", would the South have gone along with it?