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To: rustbucket
The first distinctive Confederate tariff was enacted on March 15, 1861, and levied a 15% ad valorem duty upon the importation of coal, iron, paper, and lumber. This was soon elaborated into the tariff of May 21, 1861, which, slightly amended on August 8, and put into force on August 31, expressed the tariff policy of the Confederate States during the war. As was to be expected, the Confederate Congress perfected a revenue measure from which almost every trace of protective motives was removed.

Actually I'm not overstating at all, and am actually more correct than your post was. The confederate tariff placed a 25% duty on tobacco products. It placed a 25% duty on molasses. A 15% duty on salt and turpentine and any sort of manufactured cotton items. A 15% tariff on iron goods like iron bars, slabs, and castings. All Southern industries. All which had their prices protected by the tariff. Link

The Confederate Congress wasn't perfect, but it did a pretty good job of sticking by its principles as regards protective tariffs.

On the contrary. Read the tariff yourself.

262 posted on 11/20/2007 8:37:02 AM PST by Non-Sequitur (Save Fredericksburg. Support CVBT.)
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To: Non-Sequitur
Actually I'm not overstating at all, and am actually more correct than your post was. The confederate tariff placed a 25% duty on tobacco products. It placed a 25% duty on molasses. A 15% duty on salt and turpentine and any sort of manufactured cotton items. A 15% tariff on iron goods like iron bars, slabs, and castings. All Southern industries. All which had their prices protected by the tariff.

You haven't pointed to any error in my post. The Yale professor was correct, and you are in error.

Yale professor from my earlier post: "molasses ... 20%"

non-seq: It placed a 25% duty on molasses.

Confederate tariff law: molasses 20%

You are confusing a 25% tariff on various items (fruits, sweetmeats, etc.) that were preserved in molasses with the tax on molasses itself. The Yale professor was correct in the 20% figure he cited for the Confederate tariff on molasses.

rustbucket 1; non-sequitur 0. Your proclivity for error is well known.

I trust the analysis of the professor who once held the Chair of Political Economy at Yale as to whether the Confederate tariff removed most of the protection motive or not. It did. He also said, as I clearly quoted, that the protectionist motive was not wholly absent in the tariff.

325 posted on 11/20/2007 3:17:47 PM PST by rustbucket
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