[quote]ChuckyT wrote:
Headhunter wrote:
Who financed Lincoln?
Every politician has someone in the background whose got a fistful of dollars, like George Soros is backing Obama. I suspect that Lincoln got the nod from the financial heavyweights because he agreed to increase tariffs. I’ll do some searching.
Ahahahahahaha[/quote]
"One of the main quarrels was about taxes paid on goods brought into this country from foreign countries. This tax was called a tariff. Southerners felt these tariffs were unfair and aimed toward them because they imported a wider variety of goods than most Northern people.
Taxes were also placed on many Southern goods that were shipped to foreign countries, an expense that was not always applied to Northern goods of equal value. An awkward economic structure allowed states and private transportation companies to do this, which also affected Southern banks that found themselves paying higher interest rates on loans made with banks in the North.
The situation grew worse after several “panics”, including one in 1857 that affected more Northern banks than Southern. Southern financiers found themselves burdened with high payments just to save Northern banks that had suffered financial losses through poor investment."
http://www.nps.gov/archive/gett/gettkidz/cause.htm
Enlightenment is just a click away! Even a kiddie site has this info.