products of the farms, mines, and quar- ries were solidly increased by this act and then given a further boost in 1828 when, with the passage of the so-called Tariff of Abominations, rates reached their high- est general level before the Civil War. This latter measure, the result of political maneuvering, was especially distasteful to New England representatives. At the same time that they voted for high duties on textiles, they were forced also to ap- prove rates which penalized wool man- ufacturers by high duties on raw wool, shipbuilders by high duties on hemp and ship iron, and rum manufacturers by a high tariff on molasses. Special tariff acts in 1830 and a general revision in 1832 modified the provisions of the law of 1828 most objectionable to New England man- ufacturers by reducing rates on needed imported materials. They also helped temporarily to reduce redundant Treas- ury receipts by placing such commodities as sugar, tea, and coffee on the free list. Thought the tariff of 1832 had reduced rates to a level about equal to that of the tariff of 1824, it was definitely and sys- tematically protective in intent. The act was bitterly resisted by the Southerners because it seemed definitely to fasten the protective system upon the country. Leading the opposition, South Carolina called a state convention which declared the tariff acts of 1828 and 1832 nullified after February 1, 1833. President Jack- son replied with his famous toast, "Our Federal Union -- it must be preserved!" The crisis passed with the adoption of the Compromise Tariff of 1833. This measure provided that by July 1, 1842, duties should be lowered to 20 per cent, a level close to the average duties imposed under the tariff of 1816. This reduction was to be made in steps, one tenth in each of the years 1834, 1836, 1838, and 1840, and six tenths in 1842, of which one half was to come on January 1 and the rest on July 1. Though these reductions were made as planned, the low level finally reached by the middle of 1842 was not permitted to prevail for more than a few weeks. The strongly protectionist Whig party had gained control of the government, the deep depression beginning in 1839 had led to a popular demand for remedial legislation, and temporary Treasury defi- cits seemed to indicate a need for higher duties. On August 30, 1842, a new tariff act went into effect which substantially raised duties. But in 1844 the Democrats returned to power, business improved, and Treasury surpluses reappeared. Over- strong opposition from New England and the Middle Atlantic states, the so-called Walker Tariff was adopted in 1846. Though still mildly protective, this act brought a general lowering of rates. It also greatly simplified the form of tariff legislation by classifying all dutiable com- modities in a small number of groups or schedules and provided for single ad valorem rates on each schedule. There followed a decade during which protective sentiment was at low ebb. Times were generally good and Treasury receipts more than ample. In line with growing free-trade sentiment and in order to reduce redundant funds in the Treas- ury, the tariff act of 1857 was passed to lower duties still further. The free list Was enlarged in this tariff, and rates now aver- aged less than 20 per cent. In harmony with European trends, the United States appeared to be moving toward a policy of genuine free trade. The panic of 1857 broke in August. The Treasury ran sizable deficits and had to resort to borrowing to meet current obli- gations. Manufacturing interests in New England and New York (especially the manufacturers of woolens, who benefited from lowered rates on imports of raw -4- |