Effects Of The Reciprocity Treaty

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The cancellation of the reciprocity treaty caused a lot of problem to the British North American colonies or the BNA because they will lose their job and the economic prosperity would get lower. But the solution is that the British North American colonies started thinking to trade with each other without taxes or tariffs. At the end they ended up becoming a colony. The cancellation treaty of 1854 to 1865 also known as “Elgin-Marcy Treaty”. It’s called the “Elgin-Marcy treaty” because they got it from Lord Elgin, and W. L. Marcy, the American secretary of state, to negotiate the treaty. It was a trade between the British North American colonies and the United States. When the United States decided to cancel the reciprocity

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