It’s often thought that the other sovereigns of Europe regarded the toppling of Louis XVI in 1791 and his execution two years later as an affront to established order, and a danger to their own safety. In fact this is inaccurate. To see why, you need to keep in mind that Europe for most of its history basically worked like New York in the Godfather trilogy—a bunch of rival families who made a big show of being civilized and honorable, but who were at the end of the day utterly bloodthirsty, calculating and ruthlessly pragmatic. Violence, even against a king, was not condemned in the least; or rather, it was on the surface, while beneath, everyone set about figuring out how it could be turned to his advantage. The French Revolution, from an external point of view, was seen mainly as a weakening of the French nation, and as a consequence it presented lots of potential opportunity.
High tariffs caused other nations to place taxes on US farm products which lost them sales and caused the prices to go down but industry benefited because of the low prices and the high tariff, therefore the Wall Street benefited again.
