“So 1/4th of the population of the South, was paying 75% of all the revenue.”
How did figure that, anyway? Your only stats covered the percentage of foreign trade generated by Southern products, and tariffs collected at various US ports. Explain again how you make this leap?
I already did, and obviously you didn't read it.
Explain again how you make this leap?
Leap? That imports are in payment for exports? It's not a "leap", it's just basic economics. The Europeans won't give us stuff, but they will trade their stuff for our stuff. Unless one is running a trade deficit, Trade must roughly balance. Therefore, Imports must equal Exports over time.
I'm surprised that I have to explain the basic economics of trade to a Republican.