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The War of 1812: Conflict for a Continent (Cambridge Essential Histories, 2012) brief overview by New Zealand scholar; Tucker, Spencer C., ed. The Encyclopedia of the War of 1812 (3 vol: ABC-CLIO, 2012), 1034pp. Zuehlke, Mark. For Honour's Sake: The War of 1812 and the Brokering of an Uneasy Peace. (2007) by Canadian military historian.
The war in Europe against the French Empire under Napoleon ensured that the British did not consider the War of 1812 against the United States as more than a sideshow. [282] Britain's blockade of French trade had worked and the Royal Navy was the world's dominant nautical power (and remained so for another century).
The United States and the United Kingdom signed the Treaty of Ghent on December 24, 1814, ending the War of 1812. [4] The British government effectively relinquished its effort to impose mercantilist policies on the United States, preparing the way for the development of free trade and the opening of America's vast western frontier.
The economy grew every year from 1812 to 1815 despite a large loss of business by East Coast shipping interests. Wartime inflation averaged 4.8% a year. [105] The national economy grew 1812–1815 at the rate of 3.7% a year, after accounting for inflation. Per capita GDP grew at 2.2% a year, after accounting for inflation. [104]
Henry Clay's "American System," devised in the burst of nationalism that followed the War of 1812, remains one of the most historically significant examples of a government-sponsored program to harmonize and balance the nation's agriculture, commerce, and industry. This "System" consisted of three mutually reinforcing parts: a tariff to protect ...
The 1812 State of the Union Address was delivered by the fourth president of the United States, James Madison, on November 4, 1812.Addressing the 12th United States Congress, Madison reflected on the early stages of the War of 1812 and provided updates on the military, diplomatic, and economic situation facing the nation.
Between 1792 and the war with Britain in 1812, the average tariff level remained around 12.5%, which was too low to encourage consumers to buy domestic products and thus support emerging American industries. When the Anglo-American War of 1812 broke out, all rates doubled to an average of 25% to account for increased government spending. The ...
Much of the opposition to the War of 1812 came from general opposition to war in Britain during the time. Britain had been at war with France since 1793, with only a brief peace in 1802, and the Napoleonic Wars seemed to have no end. By 1812, defence spending, as a percentage of GDP, was almost 25%. [7] The effects of war hit the British public ...