tailieunhanh - THE PANIC OF 1819 Reactions and Policies phần 9

Số lượng suất và số tiền gốc trên bất cứ giao dịch nào có thể làm tăng gấp bốn lần, nhưng điều này không cần phải thay đổi tỷ lệ. Để tranh cãi rằng tỷ lệ lãi suất PHỤ LỤC A BIỆN PHÁP MINOR ĐỀ XUẤT Ngoài tranh cãi lớn đã thảo luận, đề xuất phân tán khác và các cuộc thảo luận xuất hiện trong các trầm cảm. | PROTECTIVE TARIFF MOVEMENT 157 New England was a more difficult field for protectionists to plow. New manufacturers in New England were largely in the cotton industry and tariff agitation from this area centered on this commodity. An interesting development was the use of the Washington Insurance Company of Providence insurer for most of the Rhode Island cotton mills as lobbyist for protection of the cotton industry. The protectionists also established a Manufacturers and Farmers Journal in Rhode Island during 1819. By May 1820 when the Baldwin Bill came to a vote in Congress seven state legislatures had passed resolutions urging Congress to pass the bill. These states were Rhode Island Connecticut New York New Jersey Pennsylvania Delaware and The heavy investments in cottons and woolens were stressed in the Pennsylvania declarations and the textiles were stressed by New York Governor De Witt Clinton in his advocacy of Under Clinton s leadership New York extended subsidies to woolen manufactures in the state. Many minor industries in addition to the major ones of cotton wool and iron asked for protection. Typical was the petition of the Society of Paper Makers of Pennsylvania and Delaware. They pointed to the extent of paper manufacture and the number employed In the industry and advocated protection to remedy its distress and to keep the profit of its manufacture in the Even the book printers demanded protection headed by Matthew Carey a leading Philadelphia The protectionists while concentrating on the major industries were generally quite willing to include numerous industries under the protection umbrella. An Agriculturist advocated absolute prohibition of all imports of foreign industry in order to build up a home market for American grain Hezekiah Niles though a staunch protectionist leader balked at this trend. He stated emphatically most of these manufacturers are prostrated not for want of protecting .