Sherman's march to the sea, and the Union blockade had more to do with the South's economy than the Emancipation Proclamation. If Lee wins at Gettysburg, the South could have very well won the war. It wasn't like the Civil War was popular in the North to begin with.
We've been in debt since the American Revolution. Give a huge shout out to France and Spain.
What quote?
I didn't say that the E.P. had more to do with the South's economy than anything else. I said that was Lincoln's hope. Nothing more.