Giessler & Toy: Tariffs

Words: 573
Pages: 3

Moses Villagomez
November 26, 2014
AS Period 6-7
Giessler/Toy
TITTLE
Intro-
Tariffs created high taxes on imported goods, which led consumers to buy the products domestically, increased competition in free market leading to exponential growth of industry. When the nation raised tariffs on foreign goods, other countries raised their tariffs on American goods (Appleby 187). Tariffs raised on American goods strongly affected the American companies who were trying to sell their products to other countries. Farmers were the most effected sellers that dealt with high taxes on products they manufactured. Considering the imported goods having a tremendous impact on the prices due to tariffs, they made them less competitive within the market out of the importing country (“Nullification”). Within the United States, the 1828 tariff protected the prices of goods manufactured in the industrial North.
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In the United States, natural resources were the spark that led to the settlement of railroads. They transported the products such as timber, coal, iron, and copper from the West to the East (Appleby 182). With the appearance of railroads in the West, farmers ranchers, & manufactures were able to transport their goods to the great Eastern metropolis markets quicker and cheaper (“Union”). Leland Stanford became the president of the Central Pacific railroad that extended from Sacramento to Utah passing the Rocky Mountains (“Leland”). Towards the establishment of the Central Pacific rail line, it met with the Union Pacific rail line in Utah. It transported the products domestically in the U.S. essentially like the Union Pacific railroad. The rail road’s expanded greatly throughout the years that passed (See figure 1). The establishments of railroads were to generate profits such as transporting products cheaply in America, open new cities or towns & to create job