Tariff Act of 1861

GPTKB entity

Statements (55)
Predicate Object
gptkbp:instance_of gptkb:legislation
gptkbp:bfsLayer 3
gptkbp:bfsParent gptkb:organization
gptkbp:affects domestic manufacturing
shaped future tariff policies
gptkbp:amended_by gptkb:Tariff_Act_of_1862
gptkbp:applies_to imported goods
gptkbp:community_impact polarized political parties
gptkbp:contributed_to economic debates of the era
Union war efforts
gptkbp:controversy debate over protectionism vs. free trade
gptkbp:economic_impact stimulated economic growth
increased prices for consumers
gptkbp:effective_date 1861
July 1, 1861
gptkbp:enacted_by gptkb:legislation
gptkbp:governing_body signed into law
part of a series of tariff acts
gptkbp:growth_rate on various goods
gptkbp:historical_context pre-Civil War economic policies
gptkbp:historical_debate gptkb:legislation
gptkbp:historical_impact set precedent for future tariffs
gptkbp:historical_significance first major tariff during the Civil War
https://www.w3.org/2000/01/rdf-schema#label Tariff Act of 1861
gptkbp:impact increased revenue for the Union during the Civil War
gptkbp:influenced post-war economic policies
future tariff legislation
gptkbp:influenced_by industrialization
economic conditions of the 1860s
gptkbp:introduced Representative Thaddeus Stevens
gptkbp:is_aimed_at protecting American industry
gptkbp:is_opposed_by gptkb:Democratic_Party
gptkbp:is_supported_by gptkb:Republican_Party
gptkbp:legislation gptkb:Morrill_Tariff
gptkbp:market gptkb:brand
raw materials
protectionism
manufactured goods
gptkbp:part_of Civil War legislation
American economic history
gptkbp:passes_through gptkb:election
gptkb:legislation
gptkbp:purpose to increase tariffs on imported goods
gptkbp:related_to gptkb:stock_market_index
gptkb:war
gptkbp:repealed_by subsequent tariff acts
gptkbp:replaced_by gptkb:Tariff_Act_of_1862
gptkbp:revenue gptkb:significant
government funding
gptkbp:scientific_goals protect domestic producers
gptkbp:signed_by gptkb:President_Abraham_Lincoln
gptkbp:significance first tariff act passed after the start of the Civil War
gptkbp:target_market gptkb:item
agriculture
iron and steel