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 effect of this Republican hammering on the subject was to bring out
a solemn declaration on the part of the Democrats. "We denounce," they
say in 1892, "the Republican protection as a fraud, a robbery of the
great majority of the American people for the benefit of the few. We
declare it to be a fundamental principle of the Democratic party that
the Federal government has no constitutional power to impose and collect
tariff duties, except for the purposes of revenue only, and we demand
that the collection of such taxes shall be limited to the necessities of
the government when honestly and economically administered." Although
elected on this platform, the Democrats did not regard their mandate as
warranting a serious attack on the protective system, for the Wilson
tariff act of 1894 was so disappointing to moderate tariff reformers
that Cleveland refused to sign it.
A close analysis of the platforms and performances of the parties from
1876 to 1896 shows no clear alignment at all on the tariff. Both parties
promise reductions, but neither is specific as to details. The
Republicans, while making much of the protective system, could not
ignore the demand for tariff reform; and the Democrats, while repeating
the well-worn phrases about tariff for revenue, were unable to overlook
the fact that a drastic assault upon the protective interests would mean
their undoing. In Congress, the Republicans made no serious efforts to
lower the duties, and the attempts of the Democrats produced meager
results.
* * * * *
Among the new issues raised by the economic revolution was the control
of giant combinations of capital. Although some of the minor parties had
declaimed against trusts as early as 1876, and the Democratic party, in
1884, had denounced "land monopolies," industrial combinations did not
figure as distinct issues in the platforms of the old parties until
1888. In that year, the Democrats vaguely referred to unnecessary
taxation as a source of trusts and combinations, which, "while unduly
enriching the few that combine, rob the body of our citizens by
depriving them of the benefits of natural competition." Here appears the
favorite party slogan that "the tariff is the mother of the trusts," and
the intimation that the remedy is the restoration of "natural
competition" by a reduction of the tariff. The Republicans in 1888 also
recognized the existence of the trust problem by declaring against all
combinations designed to control trade arbitrarily, and recommended to
Congress and the states legislation within their jurisdictions to
"prevent the execution of all schemes to oppress the people by undue
charges on their supplies or by unjust rates for the transportation of
their products to market."
Public-domain text, read in full here on John Shaqi.
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