I’ll say this about Rhett… he was a big BSer and a professional liar. Vast millions? The South paid almost zero in federal taxes. The railroads, cities canals… they paid nothing. What balance of exchange did the North have on the South? Rhett was a liar.
Let me ask you this. What was the total Federal revenue in 1860? How many “Vast Millions” was it. And how much of it came from the South? And actually, who controlled the Federal government in 1860?
Let me ask you this. What was the total Federal revenue in 1860? How many “Vast Millions” was it. And how much of it came from the South? And actually, who controlled the Federal government in 1860?
Here's a thought experiment. If the South wasn't really paying vast millions and providing a lot of the funding that was paying for railroads, canals etc etc, why did Northern newspapers themselves say this?
The predicament in which both the government and the commerce of the country are placed, through the non-enforcement of our revenue laws, is now thoroughly understood the world over....If the manufacturer at Manchester (England) can send his goods into the Western States through New Orleans at less cost than through New York, he is a fool for not availing himself of his advantage....if the importations of the country are made through Southern ports, its exports will go through the same channel. The produce of the West, instead of coming to our own port by millions of tons to be transported abroad by the same ships through which we received our importations, will seek other routes and other outlets. With the loss of our foreign trade, what is to become of our public works, conducted at the cost of many hundred millions of dollars, to turn into our harbor the products of the interior? They share in the common ruin. So do our manufacturers. Once at New Orleans, goods may be distributed over the whole country duty free. The process is perfectly simple. The commercial bearing of the question has acted upon the North. We now see whither our tending, and the policy we must adopt. With us it is no longer an abstract question of Constitutional construction, or of the reserved or delegated power of the State or Federal Government, but of material existence and moral position both at home and abroad. We were divided and confused until our pockets were touched." New York Times March 30, 1861
"The Southern Confederacy will not employ our ships or buy our goods. What is our shipping without it? Literally nothing. The transportation of cotton and its fabrics employs more than all other trade. It is very clear the South gains by this process and we lose. No, we must not let the South go." The Manchester, New Hampshire Union Democrat Feb 19 1861
That either revenue from these duties must be collected in the ports of the rebel states, or the ports must be closed to importations from abroad. If neither of these things be done, our revenue laws are substantially repealed, the sources which supply our treasury will be dried up. We shall have no money to carry on the government, the nation will become bankrupt before the next crop of corn is ripe....allow railroad iron to be entered at Savannah with the low duty of ten percent which is all that the Southern Confederacy think of laying on imported goods, and not an ounce more would be imported at New York. The Railways would be supplied from the southern ports." New York Evening Post March 12, 1861 article "What Shall be Done for a Revenue?"
On the very eve of war, March 18, 1861, the Boston Transcript wrote: "If the Southern Confederation is allowed to carry out a policy by which only a nominal duty is laid upon the imports, no doubt the business of the chief Northern cities will be seriously injured thereby. The difference is so great between the tariff of the Union and that of the Confederated States, that the entire Northwest must find it to their advantage to purchase their imported goods at New Orleans rather than New York. In addition to this, the manufacturing interest of the country will suffer from the increased importations resulting from low duties….The…[government] would be false to all its obligations, if this state of things were not provided against."
[demanding a blockade of Southern ports, because, if not] "a series of customs houses will be required on the vast inland border from the Atlantic to West Texas. Worse still, with no protective tariff, European goods will under-price Northern goods in Southern markets. Cotton for Northern mills will be charged an export tax. This will cripple the clothing industries and make British mills prosper. Finally, the great inland waterways, the Mississippi, the Missouri, and the Ohio Rivers, will be subject to Southern tolls." The Philadelphia Press 18 March 1861
December 1860, before any secession, the Chicago Daily Times foretold the disaster that Southern free ports would bring to Northern commerce: "In one single blow our foreign commerce must be reduced to less than one-half what it now is. Our coastwide trade would pass into other hands. One-half of our shipping would lie idle at our wharves. We should lose our trade with the South, with all of its immense profits. Our manufactories would be in utter ruins. Let the South adopt the free-trade system, or that of a tariff for revenue, and these results would likely follow." Chicago Daily Times Dec 1860
"The South has furnished near three-fourths of the entire exports of the country. Last year she furnished seventy-two percent of the whole...we have a tariff that protects our manufacturers from thirty to fifty percent, and enables us to consume large quantities of Southern cotton, and to compete in our whole home market with the skilled labor of Europe. This operates to compel the South to pay an indirect bounty to our skilled labor, of millions annually." - Daily Chicago Times, December 10, 1860
Why are all these Northern newspapers (and there were plenty of others) making all these statements admitting that the South was effectively paying a vast tribute to the North and was bearing the overwhelming share of the tax burden - which was going mostly to Northern infrastructure projects - if it weren't true? In the law we call these "Statements Against Interest".
Oh. I see you still don't grasp how economics works. Rather odd for a conservative blog to have someone who absolutely does not grasp trade and money.
The South produced/paid 3/4ths of all the taxes. You just can't understand it because all the "hocus pocus" occurs behind European borders.