THE VIRGINIA DYNASTY 1801 1825
EMBARGO OF 1807
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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in favor
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against
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Either A or B
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None of the above
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Detailed explanation-1: -President Thomas Jefferson hoped that the Embargo Act of 1807 would help the United States by demonstrating to Britain and France their dependence on American goods, convincing them to respect American neutrality and stop impressing American seamen.
Detailed explanation-2: -As December 1807 began, debate about an embargo was heating up in Congress. Two key figures against the measure were Massachusetts Governor James Sullivan and Secretary of the Treasury Albert Gallatin.
Detailed explanation-3: -The Embargo Act of 1807 stated that American ships could not carry cargo to foreign ports and that foreign ships could not load cargo in American ports. This political cartoon published during the embargo criticizes the act. “Ograbme” is “embargo” spelled backward.
Detailed explanation-4: -The embargo was an unpopular and costly failure. It hurt the American economy far more than the British or French, and resulted in widespread smuggling. Exports fell from $108 million in 1807 to just $22 million in 1808. Farm prices fell sharply.