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mar 2, 1861 - The Morill Tariff Act was adopted

Description:

This act raised rates in order to encourage domestic industry and encourage businesses to pay higher wages to industrial workers. Essentially, the act placed high tariff barriers on American industries.

Added to timeline:

Economic Expansion in the United States (1800 - 1865)

ByEthan Goldman
1 May 2018
3
0
2130

Date:

mar 2, 1861
Now
~ 165 years ago

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