Free Republic
Browse · Search
Smoky Backroom
Topics · Post Article

To: PeaRidge; DiogenesLamp; Bull Snipe; HandyDandy; jmacusa
PeaRidge: "If you want to use the year 1860, your figure of import value of $362 million is the amount reported to Treasury as recorded at the ports, but only $268 million of those goods were dutible, or in other words subject to the duty prescribed by Federal Law."

Like I said, if you exclude this or add that, you can make those numbers say whatever you wish.

However, you need to think very carefully about the claim made by pro-Confederates, then and now.
Their claim goes like this:

  1. Yes, there is no duty on exports, but only exports can pay for imports on which there are Federal tariffs.

  2. Exports of cotton in 1860 were circa $191 million.
    These helped to pay for a total of $362 million worth of imports on which the Federal government collected average 15% tariffs, totaling $52 million.

  3. Since cotton's $191 million in exports helped support all $362 million in imports, it's fair to say cotton paid 53% of total 1860 Federal tariff revenues of $52 million.

It's certainly not fair to say that cotton exports only paid for dutiable imports, when in fact, all exports helped pay for both dutiable and non-dutiable imports.

Here is a source for tariff & revenues data

217 posted on 01/21/2016 4:50:33 PM PST by BroJoeK (a little historical perspective...)
[ Post Reply | Private Reply | To 207 | View Replies ]


To: BroJoeK; DiogenesLamp; central_va; rustbucket; DomainMaster
Brojoke

Your post #217.......

I am not the one here attempting to use data....you are.

And again I am telling you that you are using the wrong data.

There were other Lincoln apologists that posted here like #3Fan and WhiskeyPapa that when in error would post all sorts of babble to cover up.....and you are doing exactly the same thing.

Grow up.

232 posted on 01/22/2016 5:43:41 AM PST by PeaRidge
[ Post Reply | Private Reply | To 217 | View Replies ]

Free Republic
Browse · Search
Smoky Backroom
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson