Democratic (constitutionalist) President Pierce signs the (revenue) Tariff Act of 1857, reducing most tariffs to their 1850 levels, and completely eliminating duties and many previously taxed items.

       [restored 2/25/2022]

Subsequent Events:

12/12/1860                   3/2/1861                  7/14/1870

Authority:

References:

Calvin D. Linton, ed. The Bicentennial Almanac: 200 Years of America, 1776-1976, (Nashville, Tennessee: Thomas Nelson, 1975), 150.

Current U.s. National Debt:

$36,167,124,467,492

Source