[Non-Sequitur]

The problem with that is that the south didn't want an army the size of the Federal Army in 1860. They passed legislation authorizing an army of 100,000. Your $16 million just became $80 million. And the army of 1860 wasn't starting from scratch, the confederate army was.

Value of total Southern exports in 1859 was $208 million, bringing in a like valued import amount at an 8% tariff, and what do you have?

You have the end of your claims to a free trade zone, among other things.

[Aurelius]

Free trade can be interpreted somewhat loosely; it need not mean no tariff, but rather a moderate tariff consistent with the costs of the importing nation in maintaining ports, etc - i.e. a reasonable user fee. The Northern tariffs were far greater than the 8-10% range which the South contemplated.

[PeaRidge]

Two things here regarding your straw-man assertions. We are talking Southern economy, based on war or peace? You asked about how the South would run its economy.

Well you decided on a war economy. That would be entirely based on credit. The data I gave you was for a peace time economy. Second, apparently you don't do any reading, or you would have seen the tariff rate that was legislated.