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To: Ditto
if tariffs depressed the price of cotton, why exactly was the price of cotton in 1860 at all time highs?

Because the new protectionist tariff that would have killed the southern economy did not take effect until 1861.

305 posted on 09/12/2003 7:42:45 AM PDT by GOPcapitalist
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To: GOPcapitalist
Because the new protectionist tariff that would have killed the southern economy did not take effect until 1861.

Nonsense. First, if the south was so against tariffs, they could have easily blocked them in Congress if they had stayed. But the south was not even uniformely opposed to higher tariffs.

And I'll ask once again. Did England and/or France impose tariffs on American cotton? Did American tariffs, high or low, have any impact on the market price of cotton?

307 posted on 09/12/2003 8:04:31 AM PDT by Ditto ( No trees were killed in sending this message, but billions of electrons were inconvenienced.)
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To: GOPcapitalist
Because the new protectionist tariff that would have killed the southern economy did not take effect until 1861.

The "Southern" economy needed to die.

Walt

311 posted on 09/12/2003 8:55:00 AM PDT by WhiskeyPapa (Virtue is the uncontested prize.)
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