- Joined
- Apr 4, 2017
- Location
- Denver, CO
The report on immigration supports the conclusion that between 1863-1888, inclusive, about 9.1 million people immigrated to the US of America. https://books.google.com/books?id=cMosAQAAMAAJ&pg=PA1&lpg=PA1&dq=statistical+review+of+immigration+1820+to+1910&source=bl&ots=rvZQWiEa3V&sig=x6gyC29Suf_zk6sWzDXKzOC-egQ&hl=en&sa=X&ved=2ahUKEwjQj7eEv8jeAhXoy4MKHQCDDO4Q6AEwCXoECAsQAQ#v=onepage&q=statistical review of immigration 1820 to 1910&f=false One of the unstated purposes of abolishing slavery was to remove this question about slavery from the minds of the European observers of the US. The immigrants made the farm, town and city real estate of the US more valuable, which was the selfish reason people supported immigration.
But the more nationalistic motive was to increase the size of the US, to make a more powerful competitor in the world.
At the same time, the high tariff structures, sometimes at a 100% protective level tended to encourage foreign investors to bring their funds to the US to take advantage of the US market, and to get profits from the rapidly progressing American industries.
Mr. Lipsey's table 5 suggests this effort was also successful.
p.11
But the more nationalistic motive was to increase the size of the US, to make a more powerful competitor in the world.
At the same time, the high tariff structures, sometimes at a 100% protective level tended to encourage foreign investors to bring their funds to the US to take advantage of the US market, and to get profits from the rapidly progressing American industries.
Mr. Lipsey's table 5 suggests this effort was also successful.
p.11
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