Republican (constitutionalist) President John Quincy Adams signs the protectionist Tariff Act of 1828 (a.k.a. the “Tariff of Abominations”), raising duties on almost all imported goods 62%. Tariffs are disproportionately paid for by southern, agricultural States to fund internal improvements in the northern, industrial States.
[restored 12/31/2021]
Subsequent Events:
Authority:
Article, 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), 96.
Current U.s. National Debt:
