generally, the price would go higher.
Because the south had access to the waters and seas but north did not, and because of the tariff, the south could do hardly anything and because the southerners had built few factories and didn't benefit from the tariff. Southerners bought many British goods and the tariff drove up the price. The southerners complained that the tariff made northern manufacturers rich at the expense of the South.
Tariff of abominations
Protective tariffs were considered by some to aid the American economy, but rates were especially high for bolts of cloth and for bar iron.
The Tariff of Abominations is a derisive term used by southerners to describe the Tariff of 1828. The Tariff of 1828 was a protective tariff that was passed to help northern industries. Some businesses were being shut down due to an inability to compete with lower priced imported goods. The Tariff made the South have to pay more for imported goods and impacted cotton prices due to the reductions in exports from Britain.
Tallmadge Amendment
Higher
PROTECTIVE tariff
Prices increased by twenty-five percent.
A PROTECTIVE tariff is intended to artificially inflate prices of imports and protect domestic industries from foreign competition.
protective tariff
Southern Planters apposed the tariff of 1816 because it made products more expensive. It made cheap English products around the same price as American ones to protect American manufacturing. Due to the rise in prices the South apposed this tariff because it only made losses for them due to their majority of agriculture as a method of making money.
The tariff was a tax on imported manufactured goods. This raised the price of imported products and made it easier for US manufacturers to compete. Very few of these manufacturers were in the South, so all the tariff did for southerners was to raise their cost of living by making them pay higher prices for the things they needed. The tariff was in essence a tax on them to subsidize northern industry.
A high tariff to limit foreign competition is called a protective tariff.
Sometimes a country suffering from a protective tariff will enact a tariff of its own on a product.
The purpose of a protective tariff. First of all, what is a protective tariff? It is a tax on imported goods (or goods that come into the country).So, a protective tariff would be one that protects the country from foreign competition. For example, the tariff of 1828. Northern prices were getting too high for the South to be able to pay, so instead the South bought its goods from other countries(England mainly). The Northern ecconomy was hurt because of this so Northern senators chose to place a tariff on all imported goods from foreign countries, thus protecting their industries.
Because the south had access to the waters and seas but north did not, and because of the tariff, the south could do hardly anything and because the southerners had built few factories and didn't benefit from the tariff. Southerners bought many British goods and the tariff drove up the price. The southerners complained that the tariff made northern manufacturers rich at the expense of the South.
Tariff of abominations