There is the seen or what news will report, but there is the unseen, cost of the tariff and consequences of the tariff.
In 1828, Congress passed a tariff that raised duties on various imports to such extremes that it become pejoratively known as the Tariff of Abominations. In protest of these high duties, Vice-President John C. Calhoun secretly wrote The South Carolina Exposition and Protest, denouncing the “unconstitutional, oppressive, and unjust” bill. The protest was made in opposition to “the whole system of legislation imposing duties on imports — not for revenue, but the protection of one branch of industry at the expense of others.”
The controversy resulted in the infamous “nullification crisis” in which South Carolina stood against Andrew Jackson and the national government until a compromise was reached that lowered the existing duties. South Carolina agreed to submit, though there was no real indication that any substantive change in the law had taken place; the duties were simply lowered.
Your feedback is important to us
What do you think of this blog post? Leave us a comment!