On July 15, 1763 a letter from Thomas Jefferson to John Page said; “If I am to meet with a disappointment, the sooner I know it, the more of life I shall have to wear it off.” I feel this powerful quote stands as an example of Jefferson’s resilience or allowing a person to bounce back from a negative situation. This quality is one not everybody possesses and is necessary for any successful leader. During Jefferson’s two term Presidency spanning from March 4, 1801 to March 4, 1809 his greatest accomplishments were the Louisiana Purchase which nearly double the size of the US during this time, he sponsored the Embargo Act of 1807 which eventually led the US on a path of self-sufficiency, lastly he signed the Act prohibiting importation of slaves
…show more content…
This resulted in a British blockade seizing American vessels which were carrying goods from the French West Indies, additionally Britain had the suspicion these American ships were carrying British deserters. During this period a British warship attacked a US Vessel know as Chesapeake killing three Americans and wounding eighteen. With America outraged, President Jefferson sought to protect their interests by doing so through means of peaceful coercion. Jefferson working closely with his secretary of state, James Madison the two would devise a plan known as the Embargo Act of 1807. This Act would prohibit American ships from leaving their ports until Britain and France would stop restricting US trade. This would certainly have effects on the US which were not always positive, such as the National gross cut by five percent that diminished the entire economy. Losses were $108 million to $22 million in 1806 and 1808 respectively. The Embargo Act would have at least three distinctly important outcomes for the United States. Initially it sparks a severe economic depression and would lead to a significant level of increased smuggling between the US and other countries. This would ultimately lead to the instrumental domestic manufacturing in the US and onto a path of self- sufficiency. Put into perspective from 1806 to 1808 the US total dollar of exports changed from 101,536,963 to 22,430,960 respectively. The Embargo Act would be in effect from December 1807 to March
This resulted in a British blockade seizing American vessels which were carrying goods from the French West Indies, additionally Britain had the suspicion these American ships were carrying British deserters. During this period a British warship attacked a US Vessel know as Chesapeake killing three Americans and wounding eighteen. With America outraged, President Jefferson sought to protect their interests by doing so through means of peaceful coercion. Jefferson working closely with his secretary of state, James Madison the two would devise a plan known as the Embargo Act of 1807. This Act would prohibit American ships from leaving their ports until Britain and France would stop restricting US trade. This would certainly have effects on the US which were not always positive, such as the National gross cut by five percent that diminished the entire economy. Losses were $108 million to $22 million in 1806 and 1808 respectively. The Embargo Act would have at least three distinctly important outcomes for the United States. Initially it sparks a severe economic depression and would lead to a significant level of increased smuggling between the US and other countries. This would ultimately lead to the instrumental domestic manufacturing in the US and onto a path of self- sufficiency. Put into perspective from 1806 to 1808 the US total dollar of exports changed from 101,536,963 to 22,430,960 respectively. The Embargo Act would be in effect from December 1807 to March