THE VIRGINIA DYNASTY 1801 1825
JAMES MADISON AFTER THE WAR OF 1812 THE ERA OF GOOD FEELINGS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Tariff of Good Feelings
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Nullification Tariff
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Jacksonian Tariff
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Tariff of Abominations
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Detailed explanation-1: -The Tariff of 1828, also called the Tariff of Abominations, raised rates substantially (to as much as 50 percent on manufactured goods) but for the first time also targeted items most frequently imported in the industrial states in New England.
Detailed explanation-2: -The tariff of 1828 raised taxes on imported manufactures so as to reduce foreign competition with American manufacturing. Southerners, arguing that the tariff enhanced the interests of the Northern manufacturing industry at their expense, referred to it as the Tariff of Abominations.
Detailed explanation-3: -The tariff sought to protect northern and western agricultural products from competition with foreign imports; however, the resulting tax on foreign goods would raise the cost of living in the South and would cut into the profits of New England’s industrialists.