The New NationPaxson, Frederic L. (Frederic Logan)
History
The New Nation
Paxson, Frederic L. (Frederic Logan)
United States -- History -- 1865-1921
In the passage of the McKinley Tariff Bill it was noticed that a third
body was sharing largely in such legislation. After each house had
passed the bill and disagreements on amendments had been reached, it was
sent to a Joint Committee of Conference whose report was, by rule,
unamendable. In the Conference Committee the bill was finally shaped,
and so shaped that the Republican majority was forced to accept it or
none. The party leaders who sat on the Committee of Conference were a
third house with almost despotic power, and were, as well, men whose
association with manufacturing districts or protected interests raised a
fair question as to the impartiality of their decisions. The Republican
reply, in their hands, to the assertion that the tariff was the mother
of trusts was to raise the tariff still higher and to forbid the trusts
to engage in interstate commerce.
BIBLIOGRAPHICAL NOTE
The _Life of Henry Demarest Lloyd_, by C. Lloyd (2 vols., 1912) contains
an admirable and sympathetic survey of the growth of anti-trust feeling,
and should be supplemented by the writings of H.D. Lloyd, more
particularly, "The Story of a Great Monopoly" (in _Atlantic Monthly_,
March, 1881), and _Wealth against Commonwealth_ (1894). The philosophy
of Henry George is best stated in his _Progress and Poverty_ (1879), and
is presented biographically by H. George, Jr., in his _Life of Henry
George_ (1900). The most popular romance of the decade is based upon an
economic hypothesis: E. Bellamy, _Looking Backward_ (1887). J.W. Jenks,
_The Trust Problem_ (1900, etc.), has become a classic sketch of the
economics of industrial concentration. The histories of the Standard Oil
Company, by I.M. Tarbell (2 vols., 1904) and G.H. Montague (1903), are
based largely upon judicial and congressional investigations. The
Sherman Law is discussed in the writings and biographies of Sherman,
Hoar, and Edmunds, and in A. H. Walker, _History of the Sherman Law_
(1910). For the election of 1888, consult Stanwood, Andrews, Peck, the
_Annual Cyclopaedia_, the tariff histories, and D.R. Dewey, _National
Problems, 1885-1897_ (in _The American Nation_, vol. 24, 1907).
CHAPTER XI
THE FARMERS' CAUSE
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