THE VIRGINIA DYNASTY 1801 1825
JAMES MADISON AFTER THE WAR OF 1812 THE ERA OF GOOD FEELINGS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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James Monroe
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Andrew Jackson
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Henry Clay
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Daniel Webster
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Detailed explanation-1: -Early in 1832, as the Jackson administration moved closer to paying off its national debt, Clay recommended abolishing tariffs on foreign goods that did not compete with American products.
Detailed explanation-2: -The sole object of the tariff is to tax the produce of foreign industry, with the view of promoting American industry. The tax is exclusively leveled at foreign industry. That is the avowed and the direct purpose of the tariff.
Detailed explanation-3: -In the late 19th and early 20th century, tariff policy became one of the defining political issues; generally, the Republican Party favored high tariffs to protect domestic manufacturing and agriculture from low-cost foreign competition, while the Democratic Party favored low tariffs to promote trade and boost exports.