History of the United States I / Unit 10 USH1 1375 short lesson, about 20 seconds
Cotton Prices Fall
Captions available
The idea
Cotton fell from thirty-one cents per pound in eighteen eighteen to eight cents by eighteen thirty-one.
In practice
Southern income collapsing while the price of imported manufactures stayed high.
Where people slip
Southerners blamed the tariff for raising import prices while their own income fell, which is what made the tariff intolerable rather than merely unwelcome.
Your place on the trail
Every lesson rests on earlier ones and opens later ones. Tap any to jump.
Builds on
Unlocks
Something wrong in this lesson? Flag it · Sources for History of the United States I