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The tariff was replaced in 1833, and the crisis ended. It was called the "Tariff of Abominations" by its Southern detractors because of the effects it had on the Southern economy. It set a 38% tax on some imported goods and a 45% tax on certain imported raw materials. [1]
The Tariff of 1833 was ultimately abandoned in favor of the Black Tariff of 1842, and protectionism was reinstated. Average tariff rates nearly doubled from the initial 20% target for 1842 to about 40%, and the percentage of dutiable goods jumped from about 50% of all imports to over 85% of all imports.
An attempt at imposing a high tariff occurred in 1828, but the South denounced it as a "Tariff of Abominations" and it almost caused a rebellion in South Carolina until it was lowered. [46] Between 1816 and the end of the Second World War, the United States had one of the highest average tariff rates on manufactured imports in the world.
These purists identified the tariff of 1828, the hated Tariff of Abominations, as the most heinous manifestation of the nationalist policy they abhorred. That protective tariff violated their constitutional theory, for, as they interpreted the document, it gave no permission for a protective tariff.
The document was a protest against the Tariff of 1828, also known as the Tariff of Abominations. It stated also Calhoun's Doctrine of nullification , i.e., the idea that a state has the right to reject federal law, first introduced by Thomas Jefferson and James Madison in their Kentucky and Virginia Resolutions .
With a month to the House elections, the McKinley Tariff was immediately the center of political debate; no tariff since the so-called "Tariff of Abominations" had been as controversial. The Tariff was seen as favoring the industrial and financial regions of the Northeast and Midwest over the rural South and West, which were suffering under ...
Tariff of 1832; Tariff of 1833; Tariff of Abominations This page was last edited on 2 August 2020, at 23:14 (UTC). Text is available under the Creative Commons ...
The Tariff of 1832 (22nd Congress, session 1, ch. 227, 4 Stat. 583, enacted July 14, 1832) was a protectionist tariff in the United States.Enacted under Andrew Jackson's presidency, it was largely written by former President John Quincy Adams, who had been elected to the House of Representatives and appointed chairman of the Committee on Manufactures.