The Forgotten Man, and Other EssaysSumner, William Graham
Science
The Forgotten Man, and Other Essays
Sumner, William Graham
Economics; Social sciences
We hear a great deal about a rightly adjusted tariff. It is a constant
ideal that is presented, whenever the tariff subject comes up again for
discussion in Congress, that it ought to be rightly adjusted, and when
it is, it is going to perform its beneficial operation.
How can a tariff ever be rightly adjusted unless the industry will
stand still? The taxes stand still for years without change. The
industries never stand still. There are new inventions in machinery,
there are new raw materials brought into use, there are new processes
developed, and all that changes the character of the industry. These
inventions and improvements and processes are all ignored by the
protective system. It contains no allowance for them at all. But our
people are full of enterprise, they are fond of improvements, they like
novelties, and they adopt changes. The consequence is that the industry
changes, and then again the decisions that are made by somebody or
other as to the doubtful questions in the interpretation of the law
are also constantly changing, and then by and by we find a lot of
people who want the tariff changed. They say it needs to be adapted
to the time, it is out of date, it has fallen behind, it does not fit
the requirements of the moment, and they would like to have a tariff
revision; but they are told then that they ought to keep still and
not make a disturbance which will bring up a discussion of the entire
tariff system, and that they ought to allow it to go on for the sake of
the “system.”
What is the system then? The system means that the import duties that
we have in this country have raised the prices of all commodities
in our market, I may say thirty or forty per cent on a very low
calculation. Is not that a very extraordinary thing when you stand off
and try to realize it for a minute--that we have raised the prices in
the United States thirty or forty per cent--perhaps more nearly fifty
per cent--above the level of the prices for the same commodities in
the other civilized countries of our grade; and that we believe that we
have done a grand and noble thing by raising these prices, putting the
whole level of life in this country on an artificial plane that much
above the level of the world’s market? In fact, if you should listen
to a protectionist he would make you believe that this continent would
not be habitable if it was not for the protective tariff that is here
working this operation all the time on the American market.
Public-domain text, read in full here on John Shaqi.
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