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gptkbp:instance_of
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gptkb:legislation
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gptkbp:bfsLayer
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4
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gptkbp:bfsParent
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gptkb:Tariff_Act_of_1861
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gptkbp:affects
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set precedent for future tariffs
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gptkbp:amended_by
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Tariff Act of 1864
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gptkbp:controversy
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debate over protectionism
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gptkbp:cultivation
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affected agricultural exports
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gptkbp:economic_impact
|
stimulated domestic production
increased domestic prices
reduced imports
boosted manufacturing sector
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gptkbp:effective_date
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1862
July 1, 1862
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gptkbp:enacted_by
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gptkb:legislation
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gptkbp:enforces
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gptkb:U._S._Customs_Service
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gptkbp:governing_body
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part of a series of tariff acts
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gptkbp:historical_context
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post-Industrial Revolution America
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gptkbp:historical_debate
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gptkb:legislation
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gptkbp:historical_impact
|
shaped future tariff legislation
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gptkbp:historical_significance
|
first major tariff increase during the Civil War
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https://www.w3.org/2000/01/rdf-schema#label
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Tariff Act of 1862
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gptkbp:impact
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increased tariffs on imported goods
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gptkbp:influenced_by
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gptkb:industrial_revolution
political climate of the 1860s
economic conditions of the 1860s
economic interests of the North
political factions of the time
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gptkbp:introduced
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gptkb:Salmon_P._Chase
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gptkbp:is_opposed_by
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Southern states
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gptkbp:is_supported_by
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Northern industrialists
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gptkbp:legislation
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gptkb:Morrill_Tariff
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gptkbp:market
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mercantilism
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gptkbp:passes_through
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gptkb:election
gptkb:legislation
|
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gptkbp:predecessor
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gptkb:Tariff_Act_of_1857
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gptkbp:purpose
|
increase revenue for the Civil War
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gptkbp:related_to
|
gptkb:American_Civil_War
gptkb:U._S._economic_policy
gptkb:stock_market_index
economic protectionism
protective tariffs
Civil War economy
U. S. fiscal policy
revenue tariffs
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gptkbp:repealed_by
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gptkb:Tariff_Act_of_1872
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gptkbp:revenue
|
approximately $50 million
military funding
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gptkbp:scientific_goals
|
protect American industry
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gptkbp:signed_by
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gptkb:Abraham_Lincoln
July 14, 1862
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gptkbp:significance
|
financing the Union war effort
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gptkbp:successor
|
Tariff Act of 1864
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gptkbp:target_market
|
gptkb:beer
gptkb:item
agriculture
iron and steel
manufacturing
cotton
sugar
wool
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