New

Tariff of 1828

Tariff of 1828


We are searching data for your request:

Forums and discussions:
Manuals and reference books:
Data from registers:
Wait the end of the search in all databases.
Upon completion, a link will appear to access the found materials.

Tariffs were made possible the U.S. As a result of the Embargo and the War of 1812, more items began to be produced domestically and demand for their protection increased. Accordingly, the Tariff of 1816 gave some protection and, as demands continued, the Tariff of 1824 raised rates and extended the applicability of the list of items.Agitation for still more protection continued, and in particular New England textile manufacturers pressed Congress and the administration for higher protective measures, arguing that British woolens were being dumped on American markets at artificially low prices. In short, no one was really pleased with the 1828 “tariff of abominations.”John Quincy Adams reluctantly signed the tariff measure, fully realizing he was being made a scapegoat by his political enemies. Little thought was given to vetoing the tariff; the inclination of the early presidents was to exercise that power only for matters of dubious constitutionality.The Tariff of 1828 had been purposely drafted to make Andrew Jackson appear as a free trade advocate in the South and as a protectionist in the North.After enactment of this measure, Southern cotton producers became deeply alarmed when they learned of British threats to seek other markets, given that the cost of American cotton had become so high. To placate the South, yet another tariff was adopted in 1833, calling for a gradual reduction in rates.


What is a Tariff? Also see tariff table summary.


Watch the video: Tariff of 1828 (December 2022).

Video, Sitemap-Video, Sitemap-Videos