MEDITERRANEAN FUND
\mˌɛdɪtɪɹˈe͡ɪni͡ən fˈʌnd], \mˌɛdɪtɪɹˈeɪniən fˈʌnd], \m_ˌɛ_d_ɪ_t_ɪ_ɹ_ˈeɪ_n_iə_n f_ˈʌ_n_d]\
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In 1801-02 the wars with the Barbary pirates necessitated a slight increase in import duties, and the money thus accruing was termed the "Mediterranean Fund." This was made a basis for the increase of protection in the tariff levied in 1816.
By John Franklin Jameson
Word of the day
hydromorphic
- [Greek] Structurally adapted to an aquatic environment, as organs of water plants.