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Old 10-23-2015, 06:39 PM
Patriam1066 Patriam1066 is offline
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https://www.boundless.com/u-s-histor...iffs-562-9448/

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In his "Report on Manufactures," Treasury Secretary Alexander Hamilton proposed a far-reaching plan to use protective tariffs as a lever for rapid industrialization. The industrial age was just starting, and the United States had little or no textile industry, which was the keystone of early industrial societies. The British government tried to maintain their near monopoly on cheap and efficient textile manufacturing by prohibiting the export of textile machines, machine models, or the emigration of people familiar with these machines. Cloth in the early United States was nearly all hand made, which was a time consuming and expensive process, whereas the new textile manufacturing techniques in Britain were often over 30 times cheaper. Hamilton believed that a stiff tariff on imports would not only raise income but "protect" and help subsidize early efforts at setting up manufacturing facilities that could compete with British products.

The high protectionist tariffs Hamilton originally called for were not adopted until after the War of 1812, when nationalists like Henry Clay and John C. Calhoun saw the need for more federal income and industry. In wartime, they declared, having a home industry was a necessity to avoid shortages. Likewise, owners of the small new factories that were springing up in the northeast to mass produce boots, hats, candles, nails, and other common items wanted higher tariffs that would significantly protect them for a time from more efficient British producers. When the Act was passed, it included a provision that allowed for a 10% discount on all items imported on American ships. This was done to ensure that American merchant marines would not financially suffer.
Bring back tariffs, crush monopolies, and end immigration entirely. The government doesn't need to redistribute income, it simply needs to work for the American laborer like it did in the past.
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