
Originally Posted by
Viking Prince
The use of Northern shipping was central to the economy.
Central in what way?, not in voluime, more went by land between north and south, and while the merchant merine was owned more by the north it carried almost excluscvly southern origined resourources foer internation al export.
Do not just look to the importation and exportation of goods. Services also count.
Such as abanking you mean?, 65% of teh nations gold was held in southern banks as it was in the south that then principle money exchange was made, this figure could rise to 75% in peak cotton export period.
Dickens:
"Union means so many millions a year lost to the South; secession means the loss of the same millions to the North. The love of money is the root of this as of many other evils....The quarrel between the North and South is, as it stands, solely a fiscal quarrel". the South paid an undue proportion of federal revenues derived from tariffs, and these were expended by the federal government more in the North than the South: in 1840, the South paid 84% of the tariffs, rising to 87% in 1860. They paid 83% of the $13 million federal fishing bounties paid to New England fishermen, and also paid $35 million to Northern shipping interests which had a monopoly on shipping from Southern ports. The South, in effect, was paying tribute to the North. The address of Texas Congressman Reagan on 15 January 1861 summarizes this discontent: "You are not content with the vast millions of tribute we pay you annually under the operation of our revenue law, our navigation laws, your fishing bounties, and by making your people our manufacturers, our merchants, our shippers. You are not satisfied with the vast tribute we pay you to build up your great cities, your railroads, your canals. You are not satisfied with the millions of tribute we have been paying you on account of the balance of exchange which you hold against us. You are not satisfied that we of the South are almost reduced to the condition of overseers of northern capitalists. You are not satisfied with all this; but you must wage a relentless crusade against our rights and institutions."
I do not have a good source for you on this, but the South clearly needed the North and if outside the constituional framework would have been subjected to excise taxes and trade restraints. Much more than the North needed the South. This is always the case with agricultural areas though -- even today.
Actually no they did not, northern factories are of no use without southern resourc es to turn into end product, the north could not even feed itself without imports bfrom the south in 1840. It had to spend vast amounts just to feed it livestock because of climate, ist hay crop was required to feed itself through wintwer without forage, while southern states had no such extra burden for agricuilture..
If outside of the constitional framwork?, why would they so be penalised?, it was after all when the CSA adopted a tariff that suited its export economy that prompted Lincoln to have to worry about NY secesion over the probable recesion it woulod cause to northern buissiness and solve the problem by assuring the northern banks that he would crush the rebelion and they tghen lent him 200millionh to fund it rather than risk finaiacial disaster in a trade war witha CS who was now cheaper than the North.
Georgia convention considering secession in 1860:
The material prosperity of the North was greatly dependent on the Federal Government; that of the South not at all. In the first years of the Republic, the navigating, commercial and manufacturing interests of the North, began to seek profit and aggrandizement at the expense of the agricultural interests. Even the owners of fishing smacks, sought and obtained bounties for pursuing their own business, which yet continue -- and half a million of dollars are now paid them annually out of the Treasury.
The navigating interests begged for protection against foreign ship builders, and against competition in the coasting trade; Congress granted both requests, and by prohibitory acts, gave an absolute monopoly of this business to each of their interests, which they enjoy without diminution to this day. Not content with these great and unjust advantages, they have sought to throw the legitimate burthens of their business as much as possible upon the public; they have succeeded in throwing the cost of light-houses, buoys, and the maintenance of their seamen, upon the Treasury, and the Government now pays above two millions annually for the support of these objects.
These interests in connection with the commercial and manufacturing classes, have also succeeded, by means of subventions to mail steamers, and the reduction of postage, in relieving their business from the payment of about seven millions of dollars annually, throwing it upon the public Treasury, under the name of postal deficiency.
The manufacturing interest entered into the same struggle early, and has clamored steadily for Government bounties and special favors. This interest was confined mainly to the Eastern and Middle non-slaveholding States. Wielding these great States, it held great power and influence, and its demands were in full proportion to its power. The manufacturers and miners wisely based their demands upon special facts and reasons, rather than upon general principles, and thereby mollified much of the opposition of the opposing interest. They pleaded in their favor, the infancy of their business in this country,the scarcity of labor and capital, the hostile legislation of other countries towards them, the great necessity of their fabrics in the time of war, and the necessity of high duties to pay the debt incurred in our war for independence; these reasons prevailed, and they received for many years enormous bounties by the general acquiescence of the whole country.
But when these reasons ceased, they were no less clamorous for government protection; but their clamors were less heeded, -- the country had put the principle of protection upon trial, and condemned it. After having enjoyed protection to the extent of from fifteen to two hundred per cent, upon their entire business, for above thirty years, the Act of 1846 was passed. It avoided sudden change, but the principle was settled, and free-trade, low duties, and economy in public expenditures was the verdict of the American people.
The South, and the Northwestern States sustained this policy. There was but small hope of its reversal, -- upon the direct issue, none at all. All these classes saw this, and felt it, and cast about for new allies. The anti-slavery sentiment of the North offered the best chance for success. An anti-slavery party must necessarily look to the North alone for support; but a united North was now strong enough to control the government in all of its departments, and a sectional party was therefore determined upon.
Time, and issues upon slavery were necessary to its completion and final triumph. The feeling of anti-slavery, which it was well known was very general among the people of the North, had been long dormant or passive, -- it needed only a question to arouse it into aggressive activity. This question was before us: we had acquired a large territory by successful war with Mexico; Congress had to govern it, how -- in relation to slavery -- was the question, then demanding solution. This state of facts gave form and shape to the anti-slavery sentiment throughout the North, and the conflict began. Northern anti-slavery men of all parties asserted the right to exclude slavery from the territory by Congressional legislation, and demanded the prompt and efficient exercise of this power to that end. This insulting and unconstitutional demand was met with great moderation and firmness by the South. We had shed our blood and paid our money for its acquisition; we demanded a division of it, on the line of the Missouri restriction, or an equal participation in the whole of it. These propositions were refused, the agitation became general, and the public danger great. The case of the South was impregnable. The price of the acquisition was the blood and treasure of both sections -- of all; and therefore it belonged to all, upon the principles of equity and justice.
Ive just linked you to a good source that explains that,1 can give you more, if required.