History of the United States, Volume 6Andrews, Elisha Benjamin
History
History of the United States, Volume 6
Andrews, Elisha Benjamin
United States -- History
In the case of the wool schedule the object of criticism has been the
discrimination against the carded woollen industry, which produces the
poor man's cloth, in favor of the worsted industry. This is due to the
imposition of a uniform duty of eleven cents per pound on raw, unwashed
wool, by which the cheaper woollens are taxed as high as 500 per cent,
and frequently amounts to less than 25 per cent on the finer grades.
Based on this system of duties is a graded scale in which the rates rise
in an inverse ratio with the value of the goods. Some duties have been
lowered, but the change has been slight. The schedule remains nearly the
same, but the burden has been shifted.
[Illustration: Portrait.]
Photograph by Clinedinst, Washington.
Senator Nelson W. Aldrich.
There are reductions--more, numerically, than increases--but the
reductions are effectively modified by shifted classifications.
One thinker of note has termed the "maximum and minimum" clause as "the
highest practical joke of the whole bill." Little has been said of this
clause except in connection with the "minimum." It must be remembered
that there is also a "maximum," and it does not augur well for the
consumer. Suppose a foreign nation discriminates against our goods; we,
acting on the "maximum" theory, discriminate against theirs, and the
result is that the consumer pays the value of the article plus the
amount of the tariff of discrimination, since it has ever been true that
the limit in price is the top of the tariff wall.
A noteworthy feature of the bill is the provision for the formation of a
Tariff Board, composed of experts, who shall conduct investigations with
the view of evolving a scientific tariff. The board has little power
save that of advising the President in the application of the "maximum
and minimum" clause.
That the tariff has not been deemed an honest redemption of Republican
campaign pledges is shown by the recent elections. In the Sixty-first
Congress there were 219 Republicans in the House of Representatives and
172 Democrats; to the Sixty-second Congress there were returned 162
Republicans and 228 Democrats.
The Democrats at once began a revision of the tariff. Allied with the
progressives in the Senate, revisions of the wool and cotton schedules
were brought about. The Farmers' Free List Bill, which admitted free of
duty agricultural implements, sewing-machines, boots, shoes, fence wire,
and other things useful to farmers, was passed as an offset to the
Reciprocity Bill which was deemed by some to be disadvantageous to them.
The President vetoed all of these measures upon the ground that, since
the Tariff Board was to make its report within a very short time, it
would be wiser to defer action on the tariff until the report could be
used.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account