Republican (nationalist) President Grant signs the (revenue) Tariff Act of 1870, reducing or eliminating import duties on 150 items, mostly raw materials. But leaving untouched the protections for the New England textile industry.
[restored 5/6/2022]
Subsequent Events:
Authority:
Article I, Section 8 [Clause 1]
ccc-2point0.com/constitution-for-the-united-states
References:
Calvin D. Linton, ed., The Bicentennial Almanac: 200 Years of America, 1776-1976, (Nashville, Tennessee: Thomas Nelson, 1975), 201.
Current U.s. National Debt:
