The Tariff in Our TimesTarbell, Ida M. (Ida Minerva)
History
The Tariff in Our Times
Tarbell, Ida M. (Ida Minerva)
Tariff -- United States -- History
But while Fessenden’s antagonism to Sumner coupled with his dyspepsia
might make him often irascible, it never interfered with getting things
done. The bill in question was put through with only two days’ debate,
purely from his ability to whip the members into prompt action—to his
quick wit, his fine tact in steering them away from unprofitable side
issues and from subjects which precipitated heated and time-taking
discussion. For instance, in the present bill the higher duty proposed
on railroad iron caused great anxiety to railroad interests, especially
in the West, where much building was going on. The duty on railroad iron
in the bill of 1861 had been $12.00 per ton; it was proposed now to make
it 70 cents per 100 pounds. The whole West rose in arms. Kansas and
Minnesota were particularly disturbed, since they were laying track as
rapidly as possible. It cost from two to three thousand dollars a mile
for rails now, and nobody knew what it would cost if duties were raised.
It looked very much as if railroad building would be stopped. “The
development of the country was something even in war times,” urged the
Senator from Minnesota. This tariff meant less revenue, Senator Pomeroy
of Kansas declared, for importation would cease. It simply meant that
the iron men who were demanding it would put up their prices. They were
paying 50 per cent dividends now and watering their stock. The entire
iron business was rapidly becoming a monopoly. We could better afford to
import all our iron from England than let this happen. But the
suggestion of importing anything from England at that moment was like
fire to powder. An explosion always followed. Mr. Pomeroy’s suggestion
brought Zach Chandler of Michigan roaring to his feet. “If I had my
way,” he shouted, “I would raise a wall of fire between this nation and
Great Britain. I would not only not allow her iron to come here, but I
would not let a single pound of any article she manufactured come here
during this war.... Let the railroad interest suffer and any other
interest suffer. It is nothing to me, I am for the tax and the highest
tax.” Mr. Fessenden well understood the danger in allowing an outbreak
against England to start, and he quietly and firmly insisted that the
discussion be confined to the duty on rails.
Public-domain text, read in full here on John Shaqi.
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