10 St. 27 Min, 21 Sept 1922 Jahr - Tariffs Up

Beschreibung:

Congress passes the Fordney-McCumber Tariff, sharply raising tariff duties to protect the American market for American manufactures. The tariff boosts the domestic economy of the Roaring '20s, but it also worsens the crisis for struggling European economies like Germany's, helping to enable Adolf Hitler's rise to power there on a platform of economic grievance.