Elgin–Marcy Treaty
E1008720
The Elgin–Marcy Treaty was an 1854 reciprocity agreement between the United Kingdom (for British North America) and the United States that reduced tariffs and promoted free trade in natural resources across the U.S.–Canadian border.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
bilateral treaty
ⓘ
reciprocity treaty ⓘ trade agreement ⓘ |
| alsoKnownAs |
Canadian–American Reciprocity Treaty
NERFINISHED
ⓘ
Reciprocity Treaty of 1854 NERFINISHED ⓘ |
| appliedToTerritory |
British North America
NERFINISHED
ⓘ
New Brunswick NERFINISHED ⓘ Newfoundland NERFINISHED ⓘ Nova Scotia NERFINISHED ⓘ Prince Edward Island NERFINISHED ⓘ Province of Canada NERFINISHED ⓘ United States–Canada border region NERFINISHED ⓘ |
| cameIntoForce | 1855-03-16 ⓘ |
| countrySignatory |
United Kingdom
NERFINISHED
ⓘ
United States NERFINISHED ⓘ |
| effect |
increased trade between British North America and the United States
ⓘ
stimulated economic development in British North America ⓘ strengthened economic ties across the U.S.–Canadian border ⓘ |
| expirationMechanism | subject to termination after 10 years with one-year notice ⓘ |
| historicalPeriod | mid-19th century ⓘ |
| legalArea |
international trade law
ⓘ
tariff policy ⓘ |
| locationSigned | Washington, D.C. NERFINISHED ⓘ |
| negotiatedBy |
James Bruce, 8th Earl of Elgin
NERFINISHED
ⓘ
William L. Marcy NERFINISHED ⓘ |
| partOf | history of Canada–United States relations ⓘ |
| providedFor |
duty-free trade in coal
ⓘ
duty-free trade in fish ⓘ duty-free trade in grain ⓘ duty-free trade in natural products ⓘ duty-free trade in timber ⓘ mutual access to inshore fisheries ⓘ |
| relatedTo |
British colonial economic policy
ⓘ
United States–Canada trade relations ⓘ history of Canada–United States border ⓘ |
| representedCountry |
James Bruce, 8th Earl of Elgin; United Kingdom
NERFINISHED
ⓘ
William L. Marcy; United States NERFINISHED ⓘ |
| signatoryRepresentative |
James Bruce, 8th Earl of Elgin
NERFINISHED
ⓘ
William L. Marcy NERFINISHED ⓘ |
| signedInYear | 1854 ⓘ |
| signingDate | 1854-06-05 ⓘ |
| subject |
cross-border trade between British North America and the United States
ⓘ
promotion of free trade in natural resources ⓘ reciprocal reduction of tariffs ⓘ |
| terminatedBy | United States NERFINISHED ⓘ |
| terminationYear | 1866 ⓘ |
| underGovernmentOf | Franklin Pierce administration NERFINISHED ⓘ |
| underMonarch | Queen Victoria NERFINISHED ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.