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To: Hot Tabasco
States Rights vs. slavery.........This has going on forever as long as I've been here........

There is a new twist. I identify the 200 million dollars per year money that was at stake. If the South became independent, New York and Washington DC immediately lost 200 million dollars per year in income, and I point out that there would be even worse economic losses with each passing year.

If you've seen anything about this in past discussions, I would very much like it if you point me to them. I've never seen anyone else point this out besides me.

Here is a graphic showing indirectly how much money was at stake.

Notice all the money that would be lost is from New York?

605 posted on 06/28/2018 4:55:23 PM PDT by DiogenesLamp ("of parents owing allegiance to no other sovereignty.")
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To: DiogenesLamp

Not one red cent of that money belonged to New York. It was tariffs collected by U.S. Government employees and turned over to the Federal Treasury. That was the case with all of the cities you have listed.

In your fantasy world, the instant the South seceded, virtually all the shipping entering into the United States would shift to Southern ports. What the port of New York could handle in a month, All the Southern ports combined could not handle in a year.


607 posted on 06/28/2018 5:05:42 PM PDT by Bull Snipe
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To: DiogenesLamp

And yet by 1864 tariff revenue was pushing $115 million per year. How?


609 posted on 06/28/2018 5:06:49 PM PDT by DoodleDawg
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