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To: SoCal Pubbie
Can anyone explain to me, if Southern exports generated 70% of federal revenue, why, between fiscal years 1860 and 1861, the U.S. Total Direct Revenue only fell from $65M to $50M?

I would think they found other sources of revenue during this period, but I have not researched this topic. I've read messages from other people who have researched it, but I didn't consider it particularly important information at the time. My focus has always been on the right to independence, and the reasons why the Northern states invaded the Southern states.

Once the war was started, these sorts of economic details no longer mattered to me.

914 posted on 08/23/2021 4:35:03 PM PDT by DiogenesLamp ("of parents owing allegiance to no other sovereignty.")
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To: DiogenesLamp

“Once the war was started, these sorts of economic details no longer mattered to me.”

They matter to me, because they refute your inaccurate description of Southern economic production before the war.

To recap:

The reason for secession was the South’s desire to preserve slavery.

The trigger for secession was the election of Abraham Lincoln, which fed fear of the abolitionist foundation of the Republican Party.

The American Civil War began when units of the South Carolina Militia fired upon a Union fort in Charleston harbor.


918 posted on 08/23/2021 4:42:17 PM PDT by SoCal Pubbie
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