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Tariff of 1816

Page history last edited by Nayaab Zindani 14 years, 6 months ago

The War of 1812 encouraged Americans to protect their struggling industries and because the British's large quantity of manufactured goods flooded the American market, New England wasn't capable of competing with the foreign imports. Eventually many war hawks protested including Henry Clay and John C. Calhoun who thought that industrial development was cumpoulsory in the South's future. The Tariff of 1816 provided the federal government with money to loan to industrialists and also resulted in average rates summing up to 20 percent, which did not meet the New England manufacturers's demands. One man called Daniel Webster, a great spokesman for New England interests, opposed the tariff and believed that the nation’s industrial base should be limited because he didn't want New England’s commercial strength to be decreased. Significantly,

the Tariff of 1816 was, in fact, the first protectionist act that made American and European manufactured goods comparable in price.          Nayaab Z.

 

Sources: http://www.u-s-history.com/pages/h973.html

http://www.ohiohistorycentral.org/entry.php?rec=1429

 

A picture of James Turner, a man who opposed the Tariff of 1816. http://www.northcarolinahistory.org/images/uploaded/posts/screen_4443ac8cc111c.jpg

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