Contemporary American History, 1877-1913Beard, Charles A. (Charles Austin)
History
Contemporary American History, 1877-1913
Beard, Charles A. (Charles Austin)
United States -- History -- 1865-1921
The first task which confronted him was the thorny problem of the
tariff. His predecessor had given the matter little attention during his
administration, apparently for the reason that it was, in his opinion,
of little consequence as compared with the questions of railways,
trusts, great riches, and labor. But action could not be indefinitely
postponed. Undoubtedly there was a demand in many parts of the country
for a tariff revision. How widespread it was, how much it was the
creation of the politicians, how intelligent and deep-seated it was, no
one could tell. Nevertheless, more than ten years had elapsed since the
enactment of the Dingley law of 1897, and many who did not entertain
radical views on the subject at all joined in demanding a revision on
the ground that conditions had materially changed. The Republican
platform had promised revision on the basis that the true principle of
protection was best maintained by the imposition of such duties "as
will equal the difference between the cost of production at home and
abroad, together with a reasonable profit to American industries." Mr.
Taft in his speech of acceptance had promised revision, on the theory
that some schedules were too high and others too low; and his language
during the campaign had been interpreted to mean a more severe downward
revision than he had doubtless contemplated.
In accordance with party pledges Mr. Taft called Congress in a special
session on March 11, 1909, and after a hotly contested battle the
Payne-Aldrich tariff act was passed. The President made no considerable
effort to force the hand of Congress one way or the other, and he
accepted the measure on the theory that it was the best tariff law that
could be got at the time. Indeed, it was pointed out by members of his
party that the bill contained "654 decreases in duty, 220 increases, and
1150 items of the dutiable list in which the rates were unchanged." It
was also stated that the bill was framed in accordance with the spirit
of the party platform which had made no promise of a general sweeping
reduction. It was admitted, however, that precise information upon the
difference between the cost of production at home and abroad could not
have been obtained in time for this revision, but a tariff board was
created by law for the purpose of obtaining the desired information, on
the basis of which readjustments in schedules could be made from time to
time.
Public-domain text, read in full here on John Shaqi.
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