The Tariff in Our TimesTarbell, Ida M. (Ida Minerva)
History
The Tariff in Our Times
Tarbell, Ida M. (Ida Minerva)
Tariff -- United States -- History
duties were in excess of the direct taxes and served only to protect the
home manufacturer in extortionate prices. Thaddeus Stevens, the chairman
of the Committee, and Mr. Morrill both explained to the House with great
care that the whole scheme of the changes was to make the additional
duty cover as nearly as possible the internal taxes. “If we bleed
manufacturers we must see that the proper tonic is administered at the
same time,” said Mr. Morrill. Any duty not compensatory was placed
purely for revenue reasons. In no case, they said, were the new duties
for protective purposes—the whole change must be regarded as
“temporary”—a war measure, and nothing else.
It was a foregone conclusion that the bills whatever their provisions
would pass, for the people were actually demanding taxation, that the
war might be properly waged. Nevertheless, there was much bitter
remonstrance at the duplication of taxes, which in certain cases was
excessive and unjust. Take the newspaper business, for instance. Almost
everything a printing house used was taxed—paper paid 3 per cent; a duty
was put also on rags imported for paper making, which still further
raised the price; the advertising income was taxed. Revenue stamps were
required on every telegram a member of the staff sent, on every check
made out, on every official paper signed. When the bill was under
consideration, the New York _Herald_ computed that it would add from
thirty to forty thousand dollars a year to its expenses. The _Herald_
got great joy out of the situation. _It_ could afford the expense, but
in its judgment no other New York newspaper could, and in a long and
interesting editorial (July 1, 1862) it said, jubilantly: “Many papers
will be killed, but the _Tribune_ and the _Evening Post_ will die first.
They have no advertising patronage and but very little circulation, and
so by a just retribution of Providence they will be the first victims of
the taxation which they have brought upon us by causing our Civil War.”
The comforting assurance of the destruction of his two hated
contemporaries, combined with the disgust and anger of England over the
increased duties, gave Mr. Bennett such satisfaction at this time that
he became almost benevolent towards the Lincoln administration.
Mr. Greeley did not share Mr. Bennett’s conviction that the _Tribune_
would be destroyed by the new taxes, for he wrote Mr. Morrill:
“If newspapers are to be taxed at all, their advertising can bear it
best, as it is a source of profit which circulation is not. We can
stand 2 mills per pound on paper—though that will be a pretty
productive tax. I think that item alone will cost the _Tribune_
establishment $7000 per annum, all to come out of profits that can’t
be made in these times. Still taxes must be put on—only do give us
some substantial retrenchment—especially of mileage—to go to the
people on.”
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.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account