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Embargo Act of 1807
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Embargo Act of 1807

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Transcript

  • 1. Embargo Act of 1807 Shah
  • 2. Reasoning
    • Jefferson believed that because the European powers relied on the United States for raw materials, if the U.S closed its exports to those countries they would be forced to agree to respect the rights of the new country.
  • 3. Best case scenario
    • This would usher in a new era of “peaceful coercion” and could possibly set a precedent for a new way of conducting foreign affairs.
  • 4. What Actually Happened- Economic
    • Unemployment rose
    • Excess amount of produced goods lay unexportable
    • Illegal trade blossomed in 1808 around the Canadian border
  • 5. What Actually Happened-Political
    • Jefferson enforced this legislation severely and in turn lost many supporters to the Federalist Party.
  • 6. What Actually Happened- Social
    • Phrases such as “O-Grab-Me” , “Go-Bar-’Em” and “Dambargo” surfaced.
    • Many voiced their opinions and openly condemned the Embargo
  • 7.
    • All of these issues lead to the repeal of the Embargo Act on March 1, 1809, three days before Jefferson’s retirement.
    • The substitute of the Non Intercourse Act was put into place.
  • 8. Reflection-England
    • The British were extremely determined and there were enough grain crops to supply them without needing the United States' products.
  • 9. Reflection-France
    • Napoleon did not need American trade considering most of Europe was under his control at this time. Though they continued to seize ships and cargo.
  • 10. The Greener Side
    • The much hated Embargo in turn allowed for a new industry to emerge. The foundation of production and factory systems lead to a manufacturing boom and laid the stepping stones for future innovation.
  • 11.
    • THE END