Preview

The Reciprocity Treaty

Satisfactory Essays
Open Document
Open Document
226 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Reciprocity Treaty
As industrialization in Canada grew substantially, businesses found immense sums of profit through trade of merchandise with countries such as Britain and the US. Though there was an issue with this business of commerce. Britain and the US charged tariffs or additional fees for the foreign exporter. These taxes were used to restrict trade, as they increased the price of imported goods and services, making them more costly to consumers.
The Reciprocity Treaty, a pact between the British North American colonies and the US, had a sole purpose of mutually diminishing import duties and protective tariffs charged on manufactured goods exchanged between the countries. Initiating in 1854, the treaty ended the American 21% tariff on natural resource
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Good Essays

    Versaille Treaty Dbq
    • 772 Words
    • 4 Pages

    Versaille Treaty Dbq

    After World War I, the world tried to construct some form of peace which would prevent another world war. President Wilson thought that World War I would be the “war to end all wars”. Wilson tried to make this possible through his Fourteen Points plan which would create and keep the peace throughout the world. Even though the Versailles Treaty included many of these points, Wilson failed at gaining the Senate’s support. Wilson pushed the Senate to ratify the Versailles Treaty, however, Wilson’s attempt was unsuccessful due to the strength and views of the opposition forces.…

    • 772 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    Essay On War Of 1812 Causes
    • 735 Words
    • 3 Pages

    Essay On War Of 1812 Causes

    The issue of impressment and the interference of trade are both what caused the war of 1812.One of the main issues between the United States and Britain was because of blockades that were used to seal up Britain’s ports and prevent ships from entering or leaving. Because of the blockade Britain seized more than 1,000 American ships and confiscated their cargo. Also the embargo act affected the trade between the two countries, because it put a ban on exporting products to other countries. The US thought this act would make the British honor American neutrality, but it actually backfired and hurt the US more than it did to Britain. The ban was lifted on foreign trade in 1809, except…

    • 735 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Treaty of Versalliers
    • 406 Words
    • 2 Pages

    Treaty of Versalliers

    Reject The Treaty of Versailles The Treaty of Versailles was meant to ease tension over WWI but in my opinion it could have been responsible for starting WWII. I think the United States should have rejected the Treaty of Versailles, considering that the Big Four (US, Great Britain, France, Italy) had the most to gain and it created much animosity for the rest of the European nations.…

    • 406 Words
    • 2 Pages
    Good Essays
    Read More
  • Better Essays

    Treaty of Paris 1783
    • 1036 Words
    • 5 Pages

    Treaty of Paris 1783

    The Treaty of Paris 1783 Short after the battle of Yorktown in 1781, talks of peace began to linger in the English Parliament and in the Continental Congress. Although, back in those days Parliament was infamous for being unstable, and most of the time it depended on the House of Commons and the good favor or the King. When the news of the defeat…

    • 1036 Words
    • 5 Pages
    Better Essays
    Read More
  • Good Essays

    Pinckney's Treaty (174): Treaty Between The United States And Spain
    • 746 Words
    • 3 Pages

    Pinckney's Treaty (174): Treaty Between The United States And Spain

    Pinckney’s Treaty (174)- It was a treaty between the United States and Spain. Thomas Pinckney represented the United States at the signing of the treaty. It gave the Americans free navigation of the Mississippi River. It gave the land north of Florida (Mississippi and Alabama) to America that had been in dispute. It required Spanish authorities to prevent the Indians from raiding across the border along the 31st parallel. It also gave western farmers the right of deposit in New Orleans, making it easier for them to get their goods to the east.…

    • 746 Words
    • 3 Pages
    Good Essays
    Read More
  • Better Essays

    What Factors Lead To The War Of 1812
    • 1210 Words
    • 5 Pages

    What Factors Lead To The War Of 1812

    Almost three decades after the signing of the Treaty of Paris, which ended the Revolutionary Wars and marked Great Britain’s recognition of the United States’ sovereignty, the animosity and strained relations between the two nations were once again brought to the surface. Trade became the lifeline of the United States’ economy, and this was established through favorable trading partnerships with former enemies, which included the French and the English. While the United States thrived, British resentment of it economic growth loomed on the horizon. This resentment manifested itself in the Napoleonic War, when both the French and British tried to undermine each other, by blocking the United States from trading with the other. This action interfered with and injured the United States’ trading and commerce.…

    • 1210 Words
    • 5 Pages
    Better Essays
    Read More
  • Good Essays

    Canadian History: Canada And The Twenties
    • 970 Words
    • 4 Pages

    Canadian History: Canada And The Twenties

    6) The U.S invested in Canada’s economy by investing in Canadian pulp and paper, mills, and in mines. Most of our resources (which were originally exported to Britain) were exported to the U.S; the U.S investors would set up branch plants instead of just leading us the money like Britain used to. The United States put big companies into Canada also like General Motors or…

    • 970 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    Neutrality In America's Foreign Policy
    • 1365 Words
    • 6 Pages

    Neutrality In America's Foreign Policy

    Because commerce was of high importance to the growing nation, neutrality, in order to maintain trade, was necessary. Thomas Paine even stated, “Our plan is commerce,” and emphasized the importance of neutrality to the American economy by saying “we ought to form no political connection with any part of it [Europe],” (B). For instance, Jay’s Treaty negatively affected American commerce and political relations with France. Additionally, James Madison criticized the treaty as being “ready to sacrifice... the dearest interests of our commerce...” (G). The treaty not only affected political diplomacy with France, but also affected relations with Spain and their North American colonies. Spain saw the treaty as a sign that the Americans were building an alliance with Britain and felt a need to strengthen their American territories. This lead to Pinckney’s Treaty, in 1795, which set the boundary line between the United States and the Spanish territories, as well as allowed the use of the Mississippi River and the Louisiana sea port to both the Americans and the Spanish (H). Pinckney’s Treaty protected American commerce along the Mississippi and resulted in peaceful relations with Spain. Later, during Adams’ presidency, the seizure of American merchant ships by France raised tensions that resulted in the Quasi War. The disruption of American commerce forced the nation to disregard neutrality in order to protect their trading rights. The Convention of 1800 concluded the war and promised that “Property captured... shall be mutually restored...” (I). The Convention revealed the evident commercial intentions of the Quasi War and set the American economy as a priority equal to that of neutrality. However, Great Britain continued to seize American ships and impress American sailors. Instead of engaging in war, Jefferson opted to pass the Embargo Act of 1807 in an…

    • 1365 Words
    • 6 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Treaty Of Paris Essay
    • 457 Words
    • 2 Pages

    Treaty Of Paris Essay

    * Adams, Franklin, and Jay (US) and Hartley (British Parliament member representing King George III) signed…

    • 457 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    The Sykes-Picot Agreement
    • 411 Words
    • 2 Pages

    The Sykes-Picot Agreement

    The Sykes–Picot Agreement of 1916 was a secret agreement between the governments of the UK and France, with the assent of Imperial Russia, defining their respective spheres of influence and control in Western Asia after the expected downfall of the Ottoman Empire during World War I.…

    • 411 Words
    • 2 Pages
    Good Essays
    Read More
  • Good Essays

    Compare And Contrast The Treaty Of Alliance Between The Us And France 1778
    • 411 Words
    • 2 Pages

    Compare And Contrast The Treaty Of Alliance Between The Us And France 1778

    Summary Treaty of Alliance between the United States and France 1778 The treaty of alliance between the United States, and France was signed Feb 6, 1778. The United States had been at war with England, as well had France. The purpose of this treaty was to forge an alliance between the two countries in solidarity to fight the British Empire. The treaty stated in article 1, that both countries would assist each other as good and faithful allies. It was agreed, that neither party would conclude any truce with Great Britain unless formal consent with the other was first obtained, and independence of the United States was assured. The treaty also stipulates, both parties may invite or admit any other powers who may have suffered at the hand…

    • 411 Words
    • 2 Pages
    Good Essays
    Read More
  • Good Essays

    The Sykes-Picot Agreement
    • 468 Words
    • 2 Pages

    The Sykes-Picot Agreement

    During World War l, the Allies and Central powers clashed with each other. There were some differences that had to be resolved. One of them was the recognition of Arab independence after the war. Hussein bin Ali (Sharif of Mecca) and Sir Henry McMahon (British Commissioner of Egypt) exchanged letters discussing the issue of recognizing Arab independence. After an info leak of the Sykes–Picot Agreement between the European powers. Letting European nations to occupy territories of the Middle East. Hussein bin Ali considered the agreements to a violation. Nullifying the agreement of letting the Arabs controlling their own nation.…

    • 468 Words
    • 2 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    The Treaty Of Versailles
    • 87 Words
    • 1 Page

    The Treaty Of Versailles

    World War One was a devastating war that lasted over four years between the Allied Powers and the Central Powers. The Great War ended with over 8,000,000 casualties and millions more in financial debt. The Treaty of Versailles is the official document that ended World War One when Germany signed at eleven am on June 28, 1919 in the Hall of Mirrors located in Paris, France. The Treaty of Versailles was an agreement of terms created by the Allied Powers that Germany was forced to comply…

    • 87 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    American revolution
    • 722 Words
    • 2 Pages

    American revolution

    Mercantilism is an economic theory which argues that a nation must strive to attain a favorable balance of trade so that the country will accumulate gold and silver, which made the country wealthier and safer. In the Navigation Acts raw materials were taken from America and sent to the mother country, Britain, to help manufacture goods to trade with other countries. The Navigation Acts were established to increase exports and collect metals in return to improve the national capital and power. The Sugar Act reduced the rate of tax on molasses from six pence to three pence per gallon. The act also listed more foreign goods to be taxed including sugar, wine, and coffee, among others, regulated the export of lumber and iron. The enforced tax on molasses caused the almost immediate decline in the rum industry in the colonies. Trade Acts were laws that provided aid to workers who lost their jobs or whose hours of work and wages were reduced as a result of increased imports. Mercantilism was seen as a form of wealth which made possible the development of larger markets and armies. The idea was to protect the markets, but it also helped maintain the agriculture and those who were dependent upon it.…

    • 722 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    The Treaty of Versailles
    • 380 Words
    • 2 Pages

    The Treaty of Versailles

    Infamous Treaty blamed Germany The leaders of the nations, which were involved in the war met in Paris to decide the future of our country, the conference took place in the Palace of Versailles.Months of hard negotiations, argument and compromise ended yesterday when two German representatives signed the Treaty.…

    • 380 Words
    • 2 Pages
    Satisfactory Essays
    Read More

Related Topics