Appletons' Popular Science Monthly, January 1899: Volume LIV, No. 3, January 1899Various
Science
Appletons' Popular Science Monthly, January 1899: Volume LIV, No. 3, January 1899
Various
Science -- Periodicals; Technology -- Periodicals
But, notwithstanding these conclusions and the incontrovertible
evidence by which they are supported, not a few persons occupying
places of great legislative influence, and no small part of the
general public, hold to the view that taxes on imports are really in
the nature of premiums paid by foreigners for the privilege of selling
their goods in the markets of the importing country, and do not fall
on its people who consume them. That means that if the foreigner has a
yard of cloth, or other commodity, which he sells at home for one
dollar, and the United States imposes a tariff of fifty cents on it,
he will then sell it for export to America at fifty cents. There is no
instance mentioned in history where this has ever been done, but
history unfortunately is rarely taken into account by the public in
the discussion of these questions. In this connection the following
historical incident is interesting and instructive: In 1782 an attempt
by the Congress of the Confederation of the several American States to
provide a system of revenue to defray the general expenses of the
Confederation by duties on imports, which then was not permissible,
was blocked by the refusal of the State of Rhode Island to concur in
it, the Legislature of that State unanimously rejecting the measure
for three reasons--one of which was that it would bear hardest on the
few commercial States, particularly Rhode Island, which in virtue of
their relations with foreign commerce monopolize imports, and lightest
on the agricultural States, that directly imported little or nothing.
Congress appointed Alexander Hamilton to draft a reply to Rhode
Island, and in his answer he relied mainly on what he regarded as an
incontrovertible fact, that duties on imports would not prove a charge
on an importing State, but on the final consumers of imports, wherever
they may be located.
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