Although they opposed permanent tariffs, political expedience in spite of sound economics prompted the Founding Fathers to pass the first U.S. tariff act. For 72 years, Northern special interest groups used these protective tariffs to exploit the South for their own benefit. Finally in 1861, the oppression of those import duties started the Civil War.
In addition to generating revenue, a tariff hurts the ability of foreigners to sell in domestic markets. An affordable or high-quality foreign good is dangerous competition for an expensive or low-quality domestic one. But when a tariff bumps up the price of the foreign good, it gives the domestic one a price advantage. The rate of the tariff varies by industry.
Although they opposed permanent tariffs, political expedience in spite of sound economics prompted the Founding Fathers to pass the first U.S. tariff act. For 72 years, Northern special interest groups used these protective tariffs to exploit the South for their own benefit. Finally in 1861, the oppression of those import duties started the Civil War.
It's because Douglass regarded the Civil War as the fight to end slavery, but like many free blacks he urged President Lincoln to emancipate the slaves as a means of insuring that slavery would never again exist in the United States.
a liability insurance is included to cover up a possible damage to other people's property.
Liability insurance is designed specifically to offer a specific protection against a third party claim. The payment usually is not paid to the insured but rather to the third party that claimed it
