FACTOID # 100: The United States puts 0.7 % of its population in Prison - a vastly higher percentage than any other nation.
 
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Encyclopedia > Hamilton tariff

The Hamilton Tariff of 1789 was one of the first bills established by the new United States government. Revenue tariff of 5 to 15 percent established protectionism even though as yet there was almost no industry to protect. See Alexander Hamilton's Report on Manufactures.


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Hamilton, Alexander. The Columbia Encyclopedia, Sixth Edition. 2001-05 (856 words)
In New York, Hamilton was a powerful constitutional supporter, fighting vigorously against the opposition of George Clinton and becoming perhaps the strongest advocate of the new instrument of government aside from James Madison.
Hamilton was a well-to-do lawyer and banker (he helped to found the Bank of New York), and his own high connections aroused suspicion among the less conservative; his policies alienated agrarian interests and drew opposition from those who feared concentration of power in the federal government.
Hamilton was perhaps the most powerful of the Federalists, but he was not in complete command of the party (he had even resigned his cabinet post in 1795, largely for financial reasons).
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