The Tariff in Our TimesTarbell, Ida M. (Ida Minerva)
History
The Tariff in Our Times
Tarbell, Ida M. (Ida Minerva)
Tariff -- United States -- History
As was to be expected, Mr. Carlisle and Mr. Morrison returned to the
charge as soon as Congress opened. Four months were spent in preparing a
new bill and on it the very best brains of the party were engaged. Abram
Hewitt, who had in the previous session presented a bill embodying his
ideas, now went to work with Morrison. David Wells and J. S. Moore, the
“Parsee Merchant,” came to Washington to give their help. The greatest
care was taken to meet the just objections to the previous measure, and
when the bill was reported in April, 1886, it was found to be more
moderate than its predecessor. The objectionable horizontal levelling
had been given up. Duties had been studied in relation to labor cost.
The free list was larger, including coal, salt, and iron, copper and
lead ores. It was a bill for which both Republicans and Democrats might
have voted without violating party platforms, but there was no hope for
it. The Randall faction again joined the Republicans when Mr. Morrison
asked the House to go into a Committee of the Whole to consider his
bill, and voted him down by a vote of 157 to 140. Four Republicans voted
with Morrison, 35 Democrats against him.
Mr. Morrison might be defeated, but tariff revision could not be.
Indeed, the situation was becoming more complicated every day. For four
years a serious business depression had harassed the country. Mr.
Carroll D. Wright, who, as commissioner of labor, investigated the
condition and reported a little later, found that in the year ending
July, 1885, there had been fully 1,000,000 persons out of employment. He
estimated that year of idleness meant a loss of $300,000,000 to the
country. Strikes were incessant, and in 1884 and 1885 over 20,000
failures had occurred, many of them being in highly protected
industries. Indeed, some of the chief advocates of the system had gone
down in the general distress, among them John Roach, whose panegyric on
protection as the source of prosperity was one of the choice pieces
collected by the Tariff Commission of 1882, and Henry Oliver, the
representative on the Commission of the iron and steel industries. The
piling up of the surplus, too, was causing more and more uneasiness. In
the year ending just after Mr. Morrison’s second bill was denied
consideration, the surplus was found to be nearly ninety-four million
dollars, with no profitable provision for spending. Even Mr. Randall was
willing to admit that this was serious, and to remedy it he now prepared
a bill. The gist of it was the reduction of the surplus by _increasing_
the duties; that is, making them prohibitory. If nothing was imported,
nothing would be collected. Of course, there was no hope for Mr.
Randall’s proposition, though the Ways and Means Committee gave
prominence to it by an adverse report and it was discussed fully in the
public press, particularly in the New York _Times_, where the “Parsee
Merchant” dissected it mercilessly.
Public-domain text, read in full here on John Shaqi.
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