how did the case of wabash vs. illinois impact american commerce and travel
Wabash, St. Louis & Pacific Railway Co. v. Illinois Wabash, St. Louis & Pacific Railway Company v. Illinois, 118 U.S. 557 (1886),[1] also known as the Wabash Case, was a Supreme Court decision that severely limited the rights of states to control interstate commerce. It led to the creation of the Interstate Commerce Commission.
Tariffs in United States history When the Republicans regained power after the war they restored the usual high rates, with the Fordney-McCumber Tariff of 1922. When the Great Depression hit, international trade shrank drastically. The crisis baffled the GOP, and it tried to raise tariffs again with the Smoot-Hawley Tariff Act of 1930. This time it backfired, as Canada, Britain, Germany, France and other industrial countries retaliated with their own tariffs and special, bilateral trade deals. American imports and exports both went into a tailspin. Franklin D. Roosevelt and the New Dealers made promises about lowering tariffs on a reciprocal country-by-country basis (which they did), hoping this would expand foreign trade (which it did not.) Frustrated, they gave much more attention to domestic remedies for the depression; by 1936 the tariff issue had faded from politics, and the revenue it raised was small. In World War II both tariffs and reciprocity were insignificant compared to trade channeled through Lend Lease.[66]