A Short History of the United States for School UseChanning, Edward
History
A Short History of the United States for School Use
Channing, Edward
United States -- History
289. Misfortunes of Adams's Administration.--Adams's first mistake
was the appointment of Clay as Secretary of State. It was a mistake,
because it gave the Jackson men a chance to assert that there had been a
"deal" between Adams and Clay. They called Clay the "Judas of the West."
They said that the "will of the people" had been defeated by a "corrupt
bargain." These charges were repeated over and over again until many
people really began to think that there must be some reason for them.
The Jackson men also most unjustly accused Adams of stealing the
nation's money. The British government seized the opportunity of Adams's
weak administration to close the West India ports to American shipping.
[Sidenote: Early tariff laws.]
[Sidenote: The tariff of 1816.]
[Sidenote: Tariff of 1824.]
290. Early Tariffs.--Ever since 1789 manufactures had been
protected (p. 155). The first tariff rates were very low. But the
Embargo Act, the non-intercourse law, and the War of 1812 put an end to
the importation of foreign goods. Capitalists invested large amounts of
money in cotton mills, woolen mills, and iron mills. With the return of
peace in 1815, British merchants flooded the American markets with cheap
goods (p. 220). The manufacturers appealed to Congress for more
protection, and Congress promptly passed a new tariff act (1816). This
increased the duties over the earlier laws. But it did not give the
manufacturers all the protection that they desired. In 1824 another law
was drawn up. It raised the duties still higher. The Southerners opposed
the passage of this last law. For they clearly saw that protection did
them no good. But the Northerners and the Westerners were heartily in
favor of the increased duties, and the law was passed.
[Sidenote: Agitation for more protection, 1828.]
[Sidenote: Scheme of the Jackson men.]
[Sidenote: Tariff of 1828.]
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