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== Early Republic flow charts == | == Early Republic flow charts == | ||
== | == For / Against National Bank === | ||
{{#mermaid:flowchart LR | {{#mermaid:flowchart LR | ||
Mf[Manufacturing]-->HT[Protectionism/High Tariff]-->Ba[Bank] | |||
Ru[Rural]-->Fa[Farming]-->LT[Low Tariff]-->NB[No bank] | |||
}} | }} | ||
=== Economic Interests v. Policy === | |||
{{#mermaid:flowchart LR | |||
Fa-->Im[Imports]-->LT[Low Tariff] | |||
Sh-->Im | |||
Ur[Urban/Coastal]-->Sh[Shipping]-->Ex[Exports] | |||
Ur[Urban/Coastal]-->Mf[Manufacturing]-->Ba[Banks]-->HT | |||
Mf-->HT[Protectionism/High Tariff] | |||
Ru[Rural/Agrarian]-->Fa[Agricultural Production]-->Ex | |||
Ex-->HT | |||
}} | |||
* Note: | |||
** farmers want low interest rates (bank loans) and "soft money" (paper money = inflationary) | |||
** bankers and manufacturers wand "hard money" (gold/silver & bank instruments based on them = stable and higher return on investment) | |||