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To: GOPcapitalist
The confederate tariff rates were at about the same level that the U.S. tariff had been when the south seceded.
264 posted on 02/21/2003 12:58:46 PM PST by Non-Sequitur
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To: Non-Sequitur
The confederate tariff rates were at about the same level that the U.S. tariff had been when the south seceded.

That is because they adopted the pre-Morrill tariff schedule of 1857 with an average rate of about 15% - one of the lowest schedules that had ever been in place up until that time. They then lowered that schedule to an average rate of just over 13% in May 1861. Compare that to the yankee rate, which went up to 36% then over 45%.

289 posted on 02/21/2003 2:12:18 PM PST by GOPcapitalist
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