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To: Sherman Logan; central_va
Except there never were any taxes on cotton. The 1860 federal budget, that Lincoln was supposedly trying to fund, was $60M. Over the next 4 years, to fight the war needed to protect that $60M/year, Lincoln raised and spent $40000M, entirely from the states that remained loyal. Isn't it logical that it would have been financially a good deal easier for him let the southern states go and raise the $240M needed to run the government over four years from those same states than $4000M to wage war to get the southern states back?

Good points. I looked for "cotton levy" and nothing came up, that's why I asked for some numbers. The best I can tell is that the government didn't levy southern cotton, but did put a tariff on foreign cotton and that caused a trade war with foreign nations that hurt the south because then foreign countries were putting higher tariffs on southern cotton.

central_va, what say you? You're always advocating for higher tariffs, it seems your heros didn't like high tariffs on foreign goods after all.

58 posted on 01/19/2014 9:15:20 AM PST by Partisan Gunslinger
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To: Partisan Gunslinger
central_va, what say you? You're always advocating for higher tariffs, it seems your heros didn't like high tariffs on foreign goods after all.

First here is the link to the Cotton taxes of 1861. Link here.

Second since major industries have moved South since 1860's and most of the non union right to work states are in the South I am against "Free Trade" as it is practiced now. int the mid 18th century Great Brittan was a major trading partner for the mostly agricultural South, so naturally they hated tariffs. But the 21st century is not the 18th century. Economies change, the issue of states rights does not however.

60 posted on 01/19/2014 9:24:11 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: Partisan Gunslinger
The best I can tell is that the government didn't levy southern cotton, but did put a tariff on foreign cotton and that caused a trade war with foreign nations that hurt the south because then foreign countries were putting higher tariffs on southern cotton.

In the 1850s almost all raw cotton was produced in the American South. There was no need or point in putting a protective tariff on cotton fiber.

There were tariffs, protective and otherwise, on finished cotton material imported from other countries.

Any trade war between US, UK etc. would have been over cotton cloth, not raw cotton, which was what the South exported. Northern mill owners and workers might have been affected, the South would not have been.

Southern apologists seldom understand the tariff issue. There never were any tariffs on exports, before or after the WBTS. They are prohibited by the Constitution.

During the War of 1812, the USA was severely impacted in its economy and war effort by a lack of industry. British blockade stopped imports and caused huge problems.

After the war, protective tariffs were put in place to ensure that in future wars the US wouldn't have essential products cut off. The leader in this push was Henry Clay, a southerner and large slaveowner.

Over the course of time, tariff rates went up and down, peaking in the 1830s and generally declining thereafter. In 1860 they were about as low as they had been since the War of 1812.

Tariffs were paid only on imports, at the port of entry. An Iowa farmer or a Pennsylvania miner paid (indirectly) exactly the same tax as a Georgia planter or a Texas cattleman, on tariffed items.

Protective tariffs on some items gave US-made products an advantage over imports. Southerners had exactly the same opportunities to take advantage of this protection as northerners, but they mostly chose not to engage in the industries that would have allowed them to do so.

So even though individual southerners paid exactly the same taxes and prices on protected goods as northerners, those factory owners and workers who benefited from the protection were found disproportionately in the North.

IOW, the protective tariff was not a transfer of wealth from South to North, it was from consumers throughout the nation to producers in the protected industries. Most of them happened to be in the North.

63 posted on 01/19/2014 9:32:09 AM PST by Sherman Logan
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To: Partisan Gunslinger

http://history1800s.about.com/od/1800sglossary/g/Tariff-Of-Abominations.htm


95 posted on 01/19/2014 12:46:30 PM PST by yldstrk (My heroes have always been cowboys)
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