National characteristics, American; United States -- Civilization
No one in the United States would deny these facts. No one, outside of
academic circles, would call himself an absolute, unmitigated, and
immediate free-trader. But a great many people, probably the majority of
the Democratic party, and a considerable number in the Republican party,
say to-day that many of the protective features of the tariff have
largely accomplished their purpose and gone beyond it; that they have
not only nourished weak industries, but have also overstimulated strong
ones; that their continuance creates special privileges in the
commercial world, raises the cost of the necessities of life to the poor
man, tends to the promotion of gigantic trusts and monopolies, and
encourages overproduction, with all its attendant evils enhanced by an
artificially sustained market.
They ask why a ton of American steel rail should cost twenty-six or
twenty-seven dollars in the country where it is made, and only twenty
dollars in Europe. They inquire why a citizen of Chicago or St. Louis
has to pay more for an American sewing-machine or clock than a citizen
of Stockholm or Copenhagen pays for the same article. They say that a
heavy burden has been laid upon the common people by a system of
indirect taxation, adopted for a special purpose, and maintained long
after that purpose has been fulfilled. They claim that for every dollar
which this system yields to the national revenue it adds four or five
dollars to the profits of the trusts and corporations. If they are
cautious by temperament, they say that they are in favour of moderate
tariff revision. If they are bold, they announce their adherence to the
doctrine of "tariff for revenue only."
The extent to which these views have gained ground among the American
people may be seen in the platforms of both political parties in the
presidential contest of 1908. Both declare in favour of a reduction in
the tariff. The Republicans are for continued protective duties, with
revision of the schedules and the adoption of maximum and minimum rates,
to be used in obtaining advantages from other nations. The Democrats are
for placing products which are controlled by trusts on the free list;
for lowering the duty upon all the necessaries of life at once; and for
a gradual reduction of the schedules to a revenue basis. The Democrats
are a shade more radical than the Republicans. But both sides are a
little reserved, a little afraid to declare themselves frankly and
unequivocally, a good deal inclined to make their first appeal to the
American passion for industrial activity and prosperity.
Public-domain text, read in full here on John Shaqi.
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