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What did Southerners believe to be true about the Panic of 1857?It served as a rallying point to unite the country during a time of hardship.It was the result of the Tariff of 1857, a bill that Southern Democrats had pushed through.It proved that the Southern slave-based economic system was superior to the Northern free-labor economy.It demonstrated that compromises between the two sections would not work and that direct action was needed to solve the slavery question.
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