Answer:
The old South rested everything on slavery and agriculture. We did not know that these could neither give nor maintain healthy growth. The new South presents a perfect democracy—a social system that is compact and closely knitted. It is less splendid on the surface, but stronger at the core. Now there are a hundred farms for every plantation, fifty homes for every palace. Now we have a diversified industry that meets the complex needs of this complex age.
The new South is stirred with the breath of a new life. The light of a grander day is on her face. She is conscious of her growing power and prosperity. She stands upright, equal among the people of the earth, breathing the clean air and looking out upon the expanded horizon. She understands that her emancipation came because through the inscrutable wisdom of Providence, her purpose was defeated, and her brave armies were beaten.”