Formation of the Union, 1750-1829Hart, Albert Bushnell
History
Formation of the Union, 1750-1829
Hart, Albert Bushnell
United States -- History; United States -- Politics and government
In America the embargo, which was intended to cut off the profits of
foreign merchants and the provisions needed in foreign countries, had
crippled the shipping interests, had destroyed the export trade, and had
almost ruined the farmers. Exports dropped in one year from one hundred
and ten millions to twenty-two millions; import duties were kept up during
1808 by returning vessels, but in 1809 sank from sixteen millions to seven
millions; shipbuilding fell off by two-thirds; shipping in foreign trade
lost 100,000 tons; wheat fell from two dollars to seventy-five cents a
bushel. The South, from which the majority in favor of the embargo had
been drawn, suffered most of all: tobacco could not be sold, and Virginia
was almost bankrupt.
[Sidenote: The embargo a failure.]
[Sidenote: The embargo repealed.]
The money loss did not measure the injury to the country. New England
ingenuity was devoted to new methods of avoiding the law of the land, and
a passionate feeling of sectional injury sprang up. In the election of
1808 the Federalists carried all New England except Vermont, and had a few
Southern votes; and the Republican majority in Congress was much cut down.
The embargo had plainly failed, and the only alternative seemed to be war.
Even Jefferson was obliged to admit that the embargo must end a few months
later; "But I have thought it right," he wrote, "to take no part myself in
proposing measures, the execution of which will devolve on my successor."
It became known that Madison, the President-elect, favored the repeal of
the embargo in June, and that Jefferson was only anxious that it should
last out his administration. The discontent of New England was so manifest
that a South Carolina member said: "You have driven us from the embargo.
The excitement in the East renders it necessary that we should enforce the
embargo with the bayonet, or repeal it. I will repeal it,--and I could
weep over it more than over a lost child." On Feb. 2, 1809, the House, by
a vote of 70 to 40, decided upon immediate repeal. The only question now
was what policy should be substituted. On February 28 an agreement was
reached: the embargo was replaced by a non-intercourse law which forbade
British or French vessels to enter American ports; but there was no threat
against the captors of American vessels.
[Sidenote: Jefferson humiliated.]
Public-domain text, read in full here on John Shaqi.
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