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James Madison's Protective Tariff In The US

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James Madison's Protective Tariff In The US
2) The American government instituted a protective tariff which raised the cost of imports, which made more citizens buy from local merchants. Alexander Hamilton also chartered the Bank of the United States, which led to branch offices in eight major cities. However, James Madison destroyed the BUS which made the government’s support change to state, rather than national. Transportation improvements became a major focus in the nation's new political economy. Roads, bridges, and Canals were built, including the most famous the Erie Canal, to help aid in the transportation of goods across the U.S.
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