Nullification Crisis

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11 Terms

1
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What is a tariff

A tax on foreign goods (mostly on British goods which were mostly sold in the south) raising their price

2
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In theory why would tariffs benefit America

American Industries would sell more because foreign goods would cost more e.g. help the Northeastern industries

3
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What was the 1828 tariff and why did the South object

Congress raised tariff rates to a new high to protect Northeastern trade

The South relies on Britain to buy cotton and for Britain to sell manufacturing back - interdependence

4
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What was the 1828 Tariff coined in the South

The tariff of Abomination

5
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Who called for the South to nullify (cancel) both the 1828 and 1832 tariff laws?

John Calhoun

6
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What did John Calhoun threaten to do in South Carolina if tariffs remained

Secede from the Union

7
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When was Henry Clay's compromise tariff

1833

8
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What happened to tariffs after the tariff crisis of 1828 to 1832

Remained in place but gradually reduced back to the 1816 level

9
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What did President Jackson predict about South Carolina after the tariff crisis

That they would not let the matter of states rights lie but the threat of succession had passed but might be used again in the future

10
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Why did Andrew Jackson change his mind about tariffs when he beat John Quincy Adams in 1829

To pay of the national debt

11
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What did he say he would do to anyone who wanted to secede in South Carolina (eventhough he was from S.C)

Hang them on the nearest tree that he found