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
The causes of the war, as set forth in the messages of the President and
in contemporary speeches, were four. The first was that the British had
tampered with the Indians and urged them to hostilities: it was true, and
it was trying; but the breaking out of war simply aggravated that
difficulty. The second charge was the interference with neutral trade by
the Orders in Council; but the injury from the French Decrees had been
more humiliating. The third complaint was perhaps the most serious and
exasperating: it was the virtual blockade of American ports by British
cruisers, and their interference with arriving and departing vessels.
Finally came the impressment of American seamen.
[Sidenote: Orders in Council withdrawn.]
Of these grievances the last two had not up to this time been put forward
as cause for war. On June 16, two days before the declaration of war, the
British government reluctantly withdrew the Orders in Council against
which the United States had for six years protested. Before hostilities
had fairly begun, notice was sent to the American government: it insisted
on prosecuting the war, which was therefore undertaken ostensibly for the
protection of the coast and the prevention of impressments.
110. STRENGTH OF THE COMBATANTS (1812).
[Sidenote: Population.]
[Sidenote: Financial resources.]
In every respect except in the numbers available for land operations the
Americans seemed inferior to the English. It was a war between a people of
eight millions and a people of nearly twenty millions. The United States
had been deceived by eleven years of great prosperity, and failed to see
that the revenues of the government rose almost entirely from import
duties, which would be cut off by war; and Congress showed a decided
unwillingness to supplement these with other taxes. In 1811 the customs
produced $13,000,000, in 1812 but $9,000,000; and the total revenue of the
government was less than $10,000,000. The war, once begun, cost about
$30,000,000 a year. The government was therefore thrown back upon loans,
and it borrowed $98,000,000 during the war. As the credit of the
government began to diminish, those loans were sold at prices much less
than their face, and the country was obliged to issue $37,000,000 of
Treasury notes. Meanwhile, England was raising by taxation nearly
£70,000,000 a year, and in 1815 was successfully carrying a debt of
£860,000,000. The remnant of Republican prejudice against Federalist
finances was just sufficient to prevent the re-chartering of the United
States Bank in 1811. The country, therefore, entered on the war with
insufficient means, impaired credit, and a defective financial
organization.
[Sidenote: National spirit.]
[Sidenote: Disloyal utterances.]
Public-domain text, read in full here on John Shaqi.
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