To: PeaRidge
In the world of 1860, without welfare, revenue sharing and the rest, I imagine that the military took much of the federal budget with navigational improvement, transportation, federal debt and the like taking up the rest. Since the south was trying to form a government from scratch, create a military many times larger than the Federal one, and would have had to fund her own infrastructure then I don't think that it is reasonable to assume that her budget would have approached the $60 million mark initially. It probably would have declined after a while, assuming peace between north and south, but initial expenses would have been high.
To: Non-Sequitur
Well, Non, let's see if you can reason your way to the answer without speculation.
1. What was the ratio of Southern population to the North?
2. Using this ratio, and the federal spending in 1860, and what would have been a Confederate budget in the same proportion.
3. Now, take the value of Southern exports, assume a one to one ratio of import value, multiply by the tariff established in 1860, and you have your answer.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson