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To: justshutupandtakeit
Tariffs killed off little if any exports from the North.

Wrong as usual. After the 1861 Morrill Tariff, trade as a whole out of the port of New York halved. Northern commodities were never a substantial source of exports to begin with though.

Hamilton was SecTreas by 1789 and was an important part of formulating financial policy from the being. His Report was not adopted.

Wrong. The bounties in Hamilton's report were defeated. The tariff adjustments were not and almost every single one of them was implemented in the 1792 Tariff act.

132 posted on 11/19/2004 1:21:24 PM PST by GOPcapitalist ("Marxism finds it easy to ally with Islamic zealotism" - Ludwig von Mises)
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To: GOPcapitalist

Your statement, if true, has nothing to do with my comment at any rate. Given the decline in trade to the South as the War was ramping up I would expect a decline in traffic.
Your contention that the North did not have a significant export trade also supports my statement that the tariffs had the same negative impact on the farmers of North and South.

I think you need to have your eyes examined. I said H's Report was NOT accepted. Since bounties were the main reason he wrote it their rejection meant it was rejected as well.


145 posted on 11/19/2004 8:57:45 PM PST by justshutupandtakeit (Public Enemy #1, the RATmedia.)
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