The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1861-01-29
Pecumiary Results of n Southern Confete.
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Pecumfary Results OF n Southern Confede.
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Every great measure has It's profit and loss
accoun,--its adsantages as well as it's disad
vantages, The American colonies, in throw
Ing of the yoke, lost many brave men, many
hard learned ollars, much valuable property
and eight long years of what might nave
proved most prosperous times; but 'hes
gained the priceless jewel OF hberty-'hfs
planted themselves on the staunch piauofA1
of independence, whercon has been e'ee's"
cur splendid fabric Of greatness ana pow,
II the Union must be dissoived-fi 'his
slortcus fabric must be ievelied 10 'ne "as''
contrary 70 the wishes OF tho SCUM On" III
anita of her last twenty years enoi' ~ e"'o
9, then 1, becomes her sons 10 oahish as lar as
,x,..,h,o NIL useless regrets, and TO turn their
80. .w.v from tho gloomy aspects OF the
xnh,eet TO the contemplation OF the bright
features which even this picture presents.
Magnificent was this glittering structure
ofITnion, Its cost to the South was on a scale
commensurate with It's splendor. We shall
not stop at this time 10 prove that Its cost TO
abe South. through the Tariff, during the last
ten wears, has been equivalent 10 two-thirds
Of all the revenues collected, amounting 10 an
for the tariff is levied exclusively upon the
foreign commerce OF the country, and the
South furnishes two thirds Of the exports
which support this foreign commerce al
though numbering but one third of the popu
ia,ion Of the Union, she pays two, thirds OF the
federal revenue or thirty EIGHT TO forty mil
lions Of dollars, whereas she is justly charge
able with only twenty millions.
Now the difference between twenty and
thirty eight 10 forty millions Of dollars year
il q very large sum of money, and, when
counted for periods of ten years or more,
amounts 10 an enormous capital for the
"poor" South 10 lose and the " rich North
20 gain by tho Union. To make the matter
worse, not even one-third OF the public reve-
nue. is expended within her limits ; but tho
great bulk OF H. though contributed by her
self, is dsbursed al the North Behold in this
single fact which has been in operation On "A
gradually increas ing scale for three-quarters
Of q century the real secret OF the great pre-
ponderance of the North in manufactures,
shipping and commercial power. Some OF the
public men Of Virginia talk iusnbriously OF
the frightful taxation which viii be entalied
upon the State by dissolution, in war debts
and extraordinary war expenditures; out no
figures which they can possibly marshal on
this account can approximate the enormous
drain of Southern capital and wealth which
must continue to go on under the Union and
its tariff.
The South exported last year 1850 900, 900 q
products 10 foreign coun tries, and Is supposed
to have sent at least Sl0o 600, 900 more TO the
North. These exports or else her returns OF
$3.50, 900, 900 of imports taken in exchange TO,
them, present n basis of revenue we'll calcR-
which even her most respondent citizens
might entertain. A duty as low as 10 pei
cent. upon this trade would give 4 revenue OF
s35 900 for the support of her political sys
TEN under Southern Confederacy.
Now, the Southern people have felt too bit |
terly the burden of a splendid government" |
under the Union, 10 be willing TO repeat tn, |
expensive folly in a Confederacy OF their own |
They would eschew the scheme of a complete |
Federal Government, surrounded with all the !
costly trappings of imperial power, and con- |
tent themselves with n mere Federal Agency |
snch as PATRICK Henry and GRoRaR Mason |
esteemed sufficient to answer all federal pur- |
poses, and such AS the Government CT Wash |
inSton was originally designed 10 be- Such |
an agency would be cheap in its ad- !
minlstratlon as simple in its structure |
scarcely costing on peace footing more than |
nFe millions year, and not exceeding more
Ihan an average of fifteen millions per annnm
Tong periods embracing all the con tingences
n g ana war. But even the latter ex-
Il psa. would leave $4,000. 900 to spare
oenditures Eve millions which ten per
rom the thirty -oduce on the trade Of the
sent tariff would pn> Id more than defray
South-a sum which wo. government, the
Al, the expenses of her State as less than
trand total Of which for 1859 ~ IN being
l1a oeo oee Thus dissolution so tar IT.. % n |
, ruinous loss 10 the South, would prov
sulendid speculation, by stopping the
hausting drain of the present eoh'ii''
tariff. and relieving the whole southern Po
ple of the burden Of direct taxauoh ioi S
expenditures The fifteen millions Vi sehoi
outlay would furnish means LOT the supp
of Gordon Of customs offices aiohs Tue uoi
Of the North, which would serve INC uou
,rrnose nj collecting the tariff due on North
r.. fsh~,c. and of experimenting fugitive ne
.-roes in their passage along the underground
railroad.
Rut in order 10 realize these results, VIZ
r,nia would have TO attach herself 10 inc iof-
TIMES of the Gulf States, who furnish nearly
the whole of this immense exportafton OF
saSo 600. COO. It'll only by this means that she
could reap the doopie adFdhaecoi POI
ting In the revenue based upon these exports,
and obtaining release from the burdensome
taxation entailed by the Northern tartf ana
the costly Government at Washington. Nor
would she have any reason TO fear that her
Southern confederates would be unwilling to
foster her infant manufactures. These States
have been willing 10 foster even Northern
manufactures at the enormous cost already
shown Much more readily will they consent
70 grant all needfui encouragement TO the
manufactures of Southern sister State, bone
OF their bone and flesh Of their flesh, II she /
but promptly bring 10 their cause all the NOR
al, political, and historical weight, attaching
TO the name of Virginia.