Henry Grady on the New South Who is Henry Grady speaking to in this speech? Why is this is target audience? What is the New South?

Henry Grady on the New South Speech speaking to the businessman in the New York. He is speaking to those North American- Newyork businessman about the slavery and recession which south American businessman and Political leaders are facing and what are the expectations they had from the North American Businessman, that they would collaborate with the South Americans to build a new infrastructure and make it a prosperous state.
 
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