[The Sequel of Appomattox by Walter Lynwood Fleming]@TWC D-Link bookThe Sequel of Appomattox CHAPTER I 12/42
Not many people were able to travel.
It is recorded that on one trip from Montgomery to Mobile and return, a distance of 360 miles, the railroad which is now the Louisville and Nashville collected only thirteen dollars in fares. Had there been unrestricted commercial freedom in the South in 1865-66, the distress of the people would have been somewhat lessened, for here and there were to be found public and private stores of cotton, tobacco, rice, and other farm products, all of which were bringing high prices in the market.
But for several months the operation of wartime laws and regulations hindered the distribution of even these scanty stores. Property upon which the Confederate Government had a claim was, of course, subject to Confiscation, and private property offered for sale, even that of Unionists, was subject to a 25 percent tax on sales, a shipping tax, and a revenue tax.
The revenue tax on cotton, ranging from two to three cents a pound during the three years after the war, brought in over $68,000,000.
This tax, with other Federal revenues, yielded much more than the entire expenses of reconstruction from 1865 to 1868 and of all relief measures for the South, both public and private.
<<Back Index Next>> D-Link book Top TWC mobile books
|