Republican (constitutionalist) President Madison signs the (protective) Tariff Act of 1815, the first that is intended not just to raise revenue, but to protect domestic industries from foreign competition.

       [restored 12/4/2021]

Subsequent Events:

3/30/1824                 5/18/1828

Authority:

References:

Calvin D. Linton, ed. The Bicentennial Almanac: 200 Years of America, 1776-1976, (Nashville, Tennessee: Thomas Nelson, 1975), 78.

Current U.s. National Debt:

$36,161,621,015,445

Source