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Billy Graham once counseled: âthe deeper issue for you isnât economic but spiritual.â
On the economic side, prior to the Civil War, tariffs on imports into southern ports, notably Charleston, South Carolina, provided the majority of the revenue for the U.S. Federal Government.
A Federal income tax did not exist yet.
Tariff taxes on foreign made goods caused them to be more expensive, causing people to buy domestically produced goods, mostly manufactured in Northern factories.
The Tariff taxes that helped the North hurt the South, as the South had few factories to protect.
Economically, the South was dependent on agriculture, primarily rice and cotton.