Recollections of Forty Years in the House, Senate and Cabinet: An Autobiography.Sherman, John
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Recollections of Forty Years in the House, Senate and Cabinet: An Autobiography.
Sherman, John
Sherman, John, 1823-1900; Statesmen -- United States -- Biography; United States -- Politics and government -- 19th century
This power in the hands of a few is at this moment the disturbing
element in many of our great industries. It is especially dangerous
when it is promoted by rates of duty on imported goods higher than
are necessary to cover the difference in the cost of labor here
and abroad. When such conditions occur, the monopoly becomes
offensive. Such combinations are denounced and punished by the
laws of almost every civilized government and by the laws of many
of our states. They should be denounced and punished by the laws
of the United States whenever they affect any matter within the
jurisdiction of the United States. Whenever the tendency of a
monopoly is to prevent mutual competition, and to advance prices
for any articles embraced in our tariff laws, the duty on the
article should be at once reduced or repealed.
As Members of Congress, divided by party lines and crude platforms,
must in the main, care for and protect local interests, I do not
believe any fair, impartial and business tariff can be framed by
them. It would be better for Congress, the law-making power, after
determining the amount to be raised, to sanction and adopt a careful
tariff bill, framed by an impartial commission, large enough to
represent all sections and parties, all employers and employees.
Hitherto, the tariffs framed by Congress have been rejected by the
people. Each party, in its turn, has undertaken the task with a
like result. Let us try the experiment of a tariff framed, not by
a party upon a party platform, but by the selected representatives
of the commercial, industrial, farming and laboring classes. Let
Congress place upon the statute book such a law, and the tariff
question will cease to be the foot ball of partisan legislation.
The remainder of the session was occupied chiefly in the consideration
of appropriation bills. These were carefully scrutinized; many
estimates of the departments were reduced. As usual, appropriations
were increased in the Senate, but most of the amendments were
rejected in conference.
The bill authorizing a loan for the redemption of treasury notes
was passed on the 22nd day of June. Congress adjourned at noon
June 25, 1860.
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