Whats the Matter With America the Meaning of the Progressive Movement And the

Cover Whats the Matter With America the Meaning of the Progressive Movement And the
Whats the Matter With America the Meaning of the Progressive Movement And the
Amos Pinchot
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By the Act of 1750 England for- bade Americans to erect "any mill or other engine for slitting or rolling iron; or any plating forge to work with a tilt hammer, or any furnace for making steel in said Colonies. " Meanwhile, in order to protect the hat manufacturers in London, hat making in America was prohibited by an affirmative act of Parliament, while the anx- iety of England's great millers in Manchester was similarly assuaged by laws prohibiting American manufacture of cotton goods.
At thi
...s time England's greatest corporation, the East India Com- pany was on the verge of bankruptcy, although its storehouses con- tained tea and other East Indian goods valued at $20, 000, 000. America was using an enormous amount of tea which, on account of the high import duty, was chiefly smuggled from Holland and France. At the suggestion of the East India Company's directors, the English government not only abolished the national tax which the East India Company was paying to the Exchequer, but, in order to prevent smuggling and provide a market for the Company in America, it cut down the import duty on East India Company tea entering American ports.

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