Shoddy millionaires
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"Shoddy" millionaires was a derogatory term for the war profiteers in the North during the American Civil War . Allegedly, they supplied the Union army with faulty uniforms made from reprocessed "shoddy" wool rather than virgin wool.
Shoddy millionaires also made shoes from cardboard that would dissolve when the soldiers marched in water or mud, which is one of the many instances how the North got rich from the Civil War -- with shoddy merchandise.
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