To: BroJoeK
Seems like virtually all the subsidies from the money paid into the US Treasury from the exports of the South were used to boost Northern companies, especially the railroads.
Can you say "Crony" (meaning colluding with government to promote your own financial interests.) "Capitalism"?
Corruption of government was what it was. The movers and shakers had bought control of the government, and so government policy was "Mercantilism."
116 posted on
02/12/2018 9:23:54 AM PST by
DiogenesLamp
("of parents owing allegiance to no other sovereignty.")
To: DiogenesLamp
Not one Southern Railroad received one red cent of support for the Federal Government? Not one light house built at Southern ports was built with Federal Money? Not one Southern port was dredged without Federal Money? Not one mile of road in the South was built with Federal money? So you are saying that every inch of Southern railroads, every foot of post roads, every light house and harbor improvements were 100% paid for by those hard working internal improvement minded cotton planters.
To: DiogenesLamp
DiogenesLamp:
"Seems like virtually all the subsidies from the money paid into the US Treasury from the exports of the South were used to boost Northern companies, especially the railroads." Only in your way-too vivid imagination.
In the years before 1860 slave-states received roughly half of Federal spending (forts, lighthouses, internal improvements, hospitalization) despite having only 1/4 of the US voting population.
But the key fact to remember about antebellum Southerners is Texas Senator Wigfall's self-description:
"We are an agricultural people; we a primitive but civilized people.
We have no cities-we don't want them.
We have no literature-we don't need any yet.
We have no press-we are glad of it.
We have no commercial marine-no navy-we don't want them. Your ships carry our produce and you can protect your own vessels.
We want no manufactures; we desire no trading, no mechanical or manufacturing classes.
As long as we have our cotton, our rice, our sugar, our tobacco, we can command wealth to purchase all we want from these nations with which we are in amity."
204 posted on
02/12/2018 1:19:02 PM PST by
BroJoeK
(a little historical perspective...)
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