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US western territories 1820-1860 internal improvements

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US western territories 1820-1860 internal improvements

  • 1824 Heavy duties are levied on linen, cotton, iron and other finished goods.
  • 1828 The tariff of abominations contributed to the nullification crisis of 1832 the greatest degree of protectionism before the Civil War.
  • 1832-1860, trade tariffs were slowly lowered as opposition from the South and West intensified.
  • 1832-33, In reaction to the controversy about nullification, a settlement was found with South Carolina and tariffs were reduced.
  • 1842, The tariff introduced by Parliamentary Whigs brings the penalty up to 1832.
  • 1846, The Walker Tariff (Democratic) is levied primarily on revenue.
  • 1857, Prices are further lowered and the free list is expanded.

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