Title: Tariffs in The United States | Tariff | United States Economic Policy
Headings: Tariffs in The United States
Tariffs in The United States
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Content: However, the tariff was supported by notable Southern leaders such as President Madison and former
president Thomas Jefferson. Notably, John C. Calhoun who would be a strong opponent of future tariff
regimes supported the Dallas tariff in the Congress. The Tariff of 1824 (enacted 1824-01-07) was a protective tariff in the United States designed to protect
American industry in the face of cheaper British commodities, especially iron products, wool and cotton
textiles, and agricultural goods. The second protective tariff of the 19th century, the Tariff of 1824 was the
first in which the sectional interests of the North and the South truly came into conflict. The Tariff of 1816
eight years before had passed into law upon a wave of nationalism that followed the War of 1812. But by
1824, this nationalism was transforming into strong sectionalism. Henry Clay advocated his three-point
"American System", a philosophy that was responsible for the Tariff of 1816, the Second Bank of the United
States, and a number of internal improvements. John C. Calhoun embodied the Southern position, having
once favored Clay's tariffs and roads, but by 1824 opposed to both. He saw the protective tariff as a device
that benefited the North at the expense of the South, which relied on foreign manufactured goods and open
foreign markets for its cotton. And a program of turnpikes built at federal expense, which Clay advocated,
would burden the South with taxes without bringing it substantial benefits.