The early 1800's were an interesting time in the Southern economy, as cotton prices both boomed and then began to dip. By 1830, prices had bottomed out in at 9 cents per pound, and Southerners searching for the cause narrowed in on Federal tariffs, specifically the Tariff of 1828. Newspapers such as the Charleston Mercury on August 3 argued that the tariff resulted in the “annihilation of commerce'...