The Forgotten Man, and Other EssaysSumner, William Graham
Science
The Forgotten Man, and Other Essays
Sumner, William Graham
Economics; Social sciences
(_B_) NECESSARY CONDITIONS OF SUCCESSFUL PROTECTIVE LEGISLATION.
23. Suppose, however, that it were true that Congress had the power
(by some exercise of the taxing function) to influence favorably the
industrial development of the country: is it not true that men of sense
would demand to be satisfied on three points, as follows?
24. (_a_) If Congress can do this thing, and is going to try it,
_ought it not, in order to succeed, to have a distinct idea of what
it is aiming at and proposes to do_? Who would have confidence in any
man who should set out on an enterprise and who did not satisfy this
condition? Has Congress ever satisfied it? Never. They have never had
any plan or purpose in their tariff legislation. Congress has simply
laid itself open to be acted upon by the interested parties, and the
product of its tariff legislation has been simply the resultant of
the struggles of the interested cliques with each other, and of the
log-rolling combinations which they have been forced to make among
themselves. In 1882 Congress did pay some deference, real or pretended,
to the plain fact that it was bound, if it exercised this mighty
power and responsibility, to bring some intelligence to bear on it,
and it appointed a Tariff Commission which spent several months in
collecting evidence. This Commission was composed, with one exception,
of protectionists. It recommended a reduction of twenty-five per cent
in the tariff, and said: “Early in its deliberations the Commission
became convinced that a substantial reduction of tariff duties is
demanded, not by a mere indiscriminate popular clamor, but by the best
conservative opinion of the country.” “Excessive duties are positively
injurious to the interests which they are supposed to benefit. They
encourage the investment of capital in manufacturing enterprises by
rash and unskilled speculators, to be followed by disaster to the
adventurers and their employees, and a plethora of commodities which
deranges the operations of skilled and prudent enterprise.” (§ 111.)
This report was entirely thrown aside, and Congress, ignoring it
entirely, began again in exactly the old way. The Act of 1883 was not
even framed by or in Congress. It was carried out into the dark, into a
conference committee,[3] where new and gross abuses were put into the
bill under cover of a pretended revision and reduction. When a tariff
bill is before Congress, the first draft starts with a certain rate on
a certain article, say twenty per cent. It is raised by amendment to
fifty, the article is taken into a combination and the rate put up to
eighty per cent; the bill is sent to the other house, and the rate on
this article cut down again to forty per cent; on conference between
the two houses the rate is fixed at sixty per cent. He who believes in
the protectionist doctrine must, if he looks on at that proceeding,
believe that the prosperity of the country is being kicked around the
Public-domain text, read in full here on John Shaqi.
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