Appletons' Popular Science Monthly, April 1899: Volume LIV, No. 6, April 1899Various
Science
Appletons' Popular Science Monthly, April 1899: Volume LIV, No. 6, April 1899
Various
Science -- Periodicals; Technology -- Periodicals
In recent years this has all changed, and not for the better. The
immense development in manufactures and financial ability accomplished
since 1860 has made a tariff for protection an anachronism. The
political features of customs legislation have been pushed so far as
almost to overshadow the fiscal qualities. The wave of protectionism
that followed the abrogation of the commercial treaties of Europe
about 1880 has resulted in tariffs framed with the desire to injure
the commerce of other states rather than to meet the needs of a
treasury. In the United States this policy has been carried beyond
that of Europe, and the tariff now in existence is more protective
than any hitherto enforced, short of absolute prohibition of imports.
In more respects than one the tariff law of 1897 was an extreme
application of the protective policy. Each year the United States has
demonstrated its ability not only to meet the industrial competition
of the world on an equal footing, but to engage with it aggressively
and with complete success. It is not necessary to give the figures of
exports of manufactures to establish this fact; it is now beyond
question. To frame a measure of extreme protection was, therefore, to
overlook the most striking phase of the industrial situation existing
in the United States. With an ability to manufacture cheaply and on a
grand scale, and with a capacity to supply the demands of a market
larger than any home market, there was no foreign competition to
encounter, and the higher rates of duties meant nothing, either for
protection or for revenue. In carrying further into action a tariff
framed more for protection than for revenue, a twofold error was
committed. The provisions were so complicated as to make the
application difficult, and in applying these provisions inquisitorial
and vexatious regulations were necessary to assure even a reasonable
fulfillment of the requirements. In former tariff laws a general
description carried a large class of articles, and a uniform duty,
usually _ad valorem_, was collected. But under the demand for a more
scientific tariff, these general classes were broken up into a number
of enumerated articles, each one carrying a specific or mixed duty,
and an omnium or basket clause at the end to catch any article that
could not be included in any enumeration. This desire to fix specific
rates upon each imported commodity has been applied more generally in
the law of 1897 than in any previous tariff act. An examination of the
imports of manufactures of textile fibers will illustrate this
increase of complexity without any increase of revenue. Indeed, these
classifications and rates, being suggested by interested parties, have
for their object a reduction of imports, and as a rule a reduction in
revenue from them follows.
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