The Tariff in Our TimesTarbell, Ida M. (Ida Minerva)
History
The Tariff in Our Times
Tarbell, Ida M. (Ida Minerva)
Tariff -- United States -- History
There was no industrial development related to the tariff which gave the
Republicans deeper concern at this period than the trusts. Mr. Cleveland
in his message of 1887 had called attention to the aid a high duty gave
to combinations struggling for the entire control of a commodity, and
the country could not but see that he was right. There was a type of
protectionist who refused to admit the connection. According to Mr.
Kelley and Mr. Aldrich there could be no monopoly in a protected
article. Domestic competition would prevent it. Nevertheless the trusts
multiplied and the majority of them were in highly protected industries.
Moreover, it was obvious that if there was no duty, the industry would
have to sustain a competition which would make monopoly very difficult
if not impossible. It was not the Democrats alone who saw this. Senator
Sherman, who felt particular anxiety over the question, which he
realized might easily defeat the party if it were not settled, thought
and said frequently before 1889 that the trust could only be reached
through the revenue laws. He had been ready to take all duty from
refined sugar in order to destroy the sugar trust, but the majority of
his party did not agree with him. They hesitated at admitting a
connection between anything so unpopular as a trust and anything so
sacred and infallible as protection. An effort was made to dismiss the
troublesome phenomenon as of no consequence. Mr. Blaine tried this.
“Trusts,” he said, “were state issues.” “They have no place in a
national campaign.” In mentioning them he would put in the proviso,
“_If_ they are evils,” etc. But this was no more effective than the
similar attempt to make people believe that the surplus was a good
thing, a proof of prosperity. The unrest increased rather than
diminished, and numerous bills were introduced into Congress between
1887 and 1890, aimed at defining, regulating, or suppressing
combinations. Bills to tax, to take the tariff from, to investigate and
to forbid trusts, pepper the proceedings. Among these bills was a
measure of Senator Sherman’s making a combination in restraint of trade
a crime punishable by fine or imprisonment. This was first introduced in
1888. It was repeatedly discussed and amended, and now that the tariff
revision was on, it was felt that it should be passed. The Democrats did
not hesitate to declare that the Republicans’ sudden zeal for the bill
was due to their desire to have an answer for those who might criticise
their tariff bill as a trust-breeder. At all events, the measure was
passed ahead of the tariff bill. Thus an answer was ready for the
critics. As Senator Morgan said, “The bill was a good preface to an
argument upon the protective tariff.”
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