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. Wallaces 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 (19031987)
“What is the first thing that savage tribes accept from Europeans nowadays? Brandy and Christianity, the European narcotics.And what is it that most rapidly leads to their destruction?The European narcotics.”
—Friedrich Nietzsche (18441900)
“Do not extort money from anyone by threats or false accusation, and be satisfied with your wages.”
—Bible: New Testament, Luke 3:14.
John the Baptist to Soldiers.
“Lift every voice and sing till earth and heaven ring,
ring with the harmonies of liberty.
Let our rejoicing rise high as the listening skies;
Let it resound loud as the rolling sea.”
—James Weldon Johnson (18711938)
“The economic dependence of woman and her apparently indestructible illusion that marriage will release her from loneliness and work and worry are potent factors in immunizing her from common sense in dealing with men at work.”
—Mary Barnett Gilson (1877?)
“The course of modern learning leads from humanism via nationalism to bestiality.”
—Franz Grillparzer (17911872)