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To: PeaRidge; DiogenesLamp; DoodleDawg; jmacusa
PeaRidge: "The merchants of that city imported three fourths of the European goods consumed in the country, and they in turn exported nearly all of the great crops with which the balance of trade was maintained."

Once again, this report is from New Orleans, 1857:

So New Orleans claims to ship half of all cotton, 85% of it directly to Europe, and again, this map demonstrates that upwards of 80% of all cotton must ship through Gulf Coast ports:

Therefore, it appears that claims all cotton exports went through New York are highly exaggerated.

Imports are a different matter:

Here we see in 1859 that 75% of import revenues did come through New York, and over 90% through the four largest eastern cities.

The obvious conclusion is that ships exporting cotton directly from Gulf Coast ports to Europe returned with imports to New York, where they paid Federal duties on those imports.
But in order to ship millions of bales overseas, those ships numbered many hundreds, meaning dozens in any given Southern port, some owned by New Yorkers, others owned elsewhere (but none foreign).
So cotton producers had choices on which shipper to patronize with their business.
Nothing prevented them from choosing Southern shippers.

1,273 posted on 10/04/2016 9:13:49 AM PDT by BroJoeK (a little historical perspective...)
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To: BroJoeK

The import export equation must balance. You can play games with the history, but you can’t play games with math.


1,274 posted on 10/04/2016 9:16:14 AM PDT by DiogenesLamp ("of parents owing allegiance to no other sovereignty.")
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