Post-War European Threats and The Rise of US Economic Nationalism
The Treaty of Ghent in December 1814 did not resolve US-British boundary and territorial disputes in Louisiana and Spanish Florida. The frontier remained a flashpoint for international strife. In addition, British economic aggression persisted. In an egregious move to recapture American markets, Great Britain proceeded to systematically flood the US markets with superior manufactured items at cut-rate prices, the aim of which was to drive American manufacturers out of business.
These geostrategic and economic provocations caused a shift in domestic policy. The strict constructionist ideologists of the dominant Jeffersonian Republican Party - though averse to concentrating power into the hands of the federal government - recognized the expediency of nationalizing certain institutions and projects as a means of achieving national growth and economic security.
In his Seventh Annual Message to the Fourteenth Congress on December 5, 1815, President James Madison suggested legislation to create 1) a national bank with regulatory powers 2) a program of federally funded internal improvements for roads and canals, and 3) a protective tariff to shelter emerging American manufacturing from the advanced industries in Europe.
Read more about this topic: Dallas Tariff
Famous quotes containing the words post-war, european, threats, rise, economic and/or nationalism:
“Much of what Mr. Wallace calls his global thinking is, no matter how you slice it, still “globaloney.” Mr. Wallace’s warp of sense and his woof of nonsense is very tricky cloth out of which to cut the pattern of a post-war world.”
—Clare Boothe Luce (1903–1987)
“It has become necessary to call the attention of European governments to a fact which is apparently so insignificant that the governments seem not to notice it. The fact is this: an entire people is being annihilated. Where? In Europe. Are there witnesses? One witness, the entire world. Do the governments see it? No.”
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“Among the best traitors Ireland has ever had, Mother Church ranks at the very top, a massive obstacle in the path to equality and freedom. She has been a force for conservatism, not on the basis of preserving Catholic doctrine or preventing the corruption of her children, but simply to ward off threats to her own security and influence.”
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“The course of modern learning leads from humanism via nationalism to bestiality.”
—Franz Grillparzer (1791–1872)