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To: Non-Sequitur
You said: "Then how did the North pay for enough imports to generate $102 million in tariff revenue in FY 1863?"

As I told you, the tariff only raised $63.7 million in 1863.

The public debt of the United States treasury was $65 million in 1860. It passed ONE BILLION in 1863.

You do the math.

1,247 posted on 07/09/2009 8:04:35 AM PDT by PeaRidge
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To: PeaRidge
As I told you, the tariff only raised $63.7 million in 1863.

Which would be FY 1862 - July 1862 to June 1863. The $102 million figure that Lincoln quoted in his 1864 address to Congress, and which the Statistical Abstract also shows for 1864, was the FY 1863 figures that ended in June 1864.

The public debt of the United States treasury was $65 million in 1860. It passed ONE BILLION in 1863.

Yep. See, there was this rebellion going on at the time, and that sucked up a lot of money. Maybe you heard about it?

1,248 posted on 07/09/2009 10:11:12 AM PDT by Non-Sequitur
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