Before 1860, Macaulay prophesied that our government would go to pieces over a presidential election. In the face of these dangers, it is well for us to consider and carefully teach our children the causes which have worked our injury in the past, in order that we and they may be the better able to recognize and grapple them when they reappear, under changed names or in the shape of new laws.
But a tariff tax as a causing cause of the late war shall not rest upon the foregoing testimony alone. "Let the South go," exclaimed Abraham Lincoln, in 1861, "where then shall we get our revenues?" This man was noted for hitting the bull's-eye, and Divine Inspiration had forestalled him with the prophecy that the love of revenue was the root of all evil.
Thomas H. Benton is a witness who will be heard. In a speech in the Senate, in 1828, he shows how the tariff (which, except for about twelve years, had been mainly levied for revenue) had plundered the South. He said: "I feel for the sad changes which have taken place in the South during the last fifty years. Before the Revolution it was the seat of wealth as well as hospitality. Money, and all it commanded, abounded there. But how is it now? All this is reversed. Wealth has fled from the South, and settled in the regions north of the Potomac; and this in the face of the fact that the South, in four staples alone, has exported produce since the Revolution to the value of eight hundred millions of dollars; and the North has exported comparatively nothing. Such an export would indicate unparalleled wealth, but what is the fact? In the place of wealth a universal pressure for money is felt--not enough for current expenses--the price of property all down--the country drooping and languishing--towns and cities decaying--and the frugal habits of the people pushed to the verge of universal self-denial for the preservation of their family estates. Such a result is a strange and wonderful phenomenon. It calls upon statesmen to inquire into the cause.
"Under Federal legislation the exports of the South have been the basis of the Federal revenue. * * * * Virginia, the two Carolinas, and Georgia may be said to defray three-fourths of the annual expense of supporting the Federal Government; and of this great sum, annually furnished by them, nothing, or next to nothing, is returned to them in the shape of government expenditure. That expenditure flows in an opposite direction--it flows northwardly, in one uniform, uninterrupted, and perennial stream. This is the reason why wealth disappears from the South and rises up in the North. Federal legislation does all this. It does it by the simple process of eternally taking from the South and returning nothing to it. If it returned to the South the whole or even a good part of what it exacted the four States south of the Potomac might stand the action of the system, but the South must be exhausted of its money and its property by a course of legislation which is forever taking away and never returning anything. Every new tariff increases the force of this action. No tariff has ever yet included Virginia, the two Carolinas, and Georgia, except to increase the burdens imposed by them."--Benton's _Thirty Years View_, Vol. I, p. 98, quoted by Raphael Semmes in his _Memoirs of Service Afloat_.