Ding! Exactly correct. The parallel would be today claiming that NY generates some large percentage of GDP. No it doesn't. They money flows through there. A lot is collected from the banks via various taxes and fees. They didn't generate that wealth. Take them away and a new finance center could be erected fairly quickly. Take away the vast vast hinterland that generates all that economic activity and NY would have its balls chopped off and would never recover. It was the same then as TONS of even NORTHERN newspapers were screaming. The PC Revisionists never have a good answer for that one. "Tariffs were collected in NY". LOLOLOL!!!! Does anybody with even a rudimentary understanding of economics think New York paid those tariffs? If Wal-Mart has a ship full of goods land in the busiest port in America, Long Beach California, does anybody think the city of Long Beach or the state of California pays the tariff? Do they do so out of the goodness of their hearts and because of their deep love of Wal-Mart? You'd have to be willfully blind to think so.
LOL! You think others are economically challenged? Really?
Take away the vast vast hinterland that generates all that economic activity and NY would have its balls chopped off and would never recover. It was the same then as TONS of even NORTHERN newspapers were screaming.
In 1863 tariff revenue was over $110 million dollars. How was that possible without the South and their demand for imported goods?
If Wal-Mart has a ship full of goods land in the busiest port in America, Long Beach California, does anybody think the city of Long Beach or the state of California pays the tariff?
Whoever had ordered those goods pay the tariff, not the city of Long Beach or the state of California. Duh.
But say for the sake of argument that Walmart was limited to what was called the Confederacy. And they had millions of customers throughout the South. Would then be ordering their imported goods be landed in New York and add all those extra costs onto their goods? Or would they have those goods shipped to Charleston or New Orleans or Savannah where their customers were?
I keep trying to wake people up to the fact that the New York/Washington DC spending cartel is an enemy of the people.
I first started realizing something was wrong back in 1995, when Republicans had first taken over the congress. One of the things the new Republican congress was trying to do was balance the budget.
Now any rational person believes that balancing the budget is a sensible thing to do. Most people cannot long continue with a budget that isn't balanced, and this is just common sense.
But watching the talking heads on ABC news, I was utterly astonished to see every one of them claiming this was a foolish idea, and claiming it was irresponsible to try to balance the budget. All I could think at the time was, "What the h3ll is wrong with these people? It's almost as if they are making money off of government spending, because I can think of no other reason why anyone would be against balancing the budget."
Years later I finally realized, that the powerful corporate and banking interests that are the defacto power in New York, very likely control the media, and use it to advance what is in their best interests.
Of COURSE excessive government spending is in the best interests of the Plutocrats from New York! Of course their media lapdogs will advance positions that benefit the Plutocrats who make money from government spending.
What these silly people with whom we argue cannot seem to grasp is that the Money powers of this Nation who are fighting against us today, are the exact same money powers of 1860, that went to war to prevent the South from challenging their income and dominance in American economic control.
Sorry, but that is simply a lie, regardless of how often you repeat it.
You have no data -- none, zero, nada data -- to support it and there's lots to refute it.
Your argument here might make a smidgen of sense if you talked about cotton as roughly 50% of US exports, about $200 million in 1860.
But even then it falls apart from the fact that the South also imported $200 million -- from Europe?
Noooooo, from the North.
So effectively everything they earned from exports, they soon spent in the North.
This gave the North, not the South, money to pay for imports.
Finally, there's the matter of Confederate debts to the North repudiated in early 1861.
It was supposed to help finance the war, but didn't work out because the debtors had lost their income sources, manly cotton.
Well, there are no reliable figures on how much debt Confederates repudiated, but the number out there is $300 million, an interesting number beside $200 million in cotton exports and $200 million in imports from the North.
Point is that Northern banks contributed a lot to Southern prosperity.
DiogenesLamp: "As I keep telling you, the laws were jiggered to funnel almost all import traffic into New York where the Robber Baron crony capitalists who controlled Washington DC could get their cut.
The South was paying for the vast bulk of the European trade, but the money was funneled into New York."
But nothing was "jiggered", it was simple economics:
So why did so much of imports come through Northeastern cities?
Because after "exporting" $200 million in manufactured goods to the South, that's where nearly all the buyers were.
FLT-bird: "The parallel would be today claiming that NY generates some large percentage of GDP.
No it doesn't.
They money flows through there."
The New York metropolitan area has about 7% of the US population and produces about 8% of our GDP, giving them a per capita income roughly 15% higher than the national average.
That 15% average higher income doesn't seem so much when you consider the overall higher prices people pay to live there.
As for how much of New York's income comes from manufacturing, how much from trade, transportation, finance, media & communications, technology, fashion, entertainment & tourism, etc., etc., there's certainly a mix and all of it economically legitimate, much as some people don't like it.
FLT-bird: "A lot is collected from the banks via various taxes and fees.
They didn't generate that wealth.
Take them away and a new finance center could be erected fairly quickly.
Take away the vast vast hinterland that generates all that economic activity and NY would have its balls chopped off and would never recover."
Now you sound like Barrack Obama: "you didn't build that!".
So why are we getting Leftists propaganda on a conservative site?
Anyway, the same is true of any city -- large, medium sized or small -- not just New York.
Every city can be like a large tree with roots growing deep & spread wide in the ground.
At the top, in spring you see pretty flowers, fruit in the fall, all seeming graceful & effortless, but just under the leaves & bark is an incredibly hard working machine.
The US has dozens of large metropolitan areas, of which about 1/3 are in the Old South, especially Texas.
FLT-bird: "The PC Revisionists never have a good answer for that one.
'Tariffs were collected in NY'.
LOLOLOL!!!!
Does anybody with even a rudimentary understanding of economics think New York paid those tariffs?
If Wal-Mart has a ship full of goods land in the busiest port in America, Long Beach California, does anybody think the city of Long Beach or the state of California pays the tariff? "
Now you guys are waging fierce battles against straw men, and winning!
Amazing!
Your Walmart container landing in Long Beach is a pretty good example -- who exactly do those goods belong to?
Do they belong to cattle ranchers in Texas who shipped beef to China & Japan?
Noooo
those ranchers were paid for their beef at the stockyards where they sold them.
So ranchers don't own Walmart's containers, Walmart does.
So who owns Walmart?
Well, pretty much everybody who has a retirement plan or has a stake-holding there -- employees, customers, suppliers, banks, sub-contractors, neighbors, etc., all have at least some interest in that Walmart container.
But the fact is ownership of a Walmart container is so diffuse there's no single person or even interest group who can lay claim to having "paid for" it.
Just as in 1860, Southern planters cannot claim to have "paid for" US imports with their exports.