The Tariff in Our TimesTarbell, Ida M. (Ida Minerva)
History
The Tariff in Our Times
Tarbell, Ida M. (Ida Minerva)
Tariff -- United States -- History
That members of the Republican party should dare in his presence to talk
such doctrine was gall and wormwood to Mr. Stevens, and he flung at
them, and at Mr. Kasson particularly, an epithet which in his mouth was
only one degree less opprobrious than that of “slave-holder” and
“rebel”—“free trader,” and he could prove it, for here was Mr. Kasson’s
name on one of the circulars of the Free Trade League. Mr. Kasson did
not deny the charge: “I have the distinguished honor,” he replied, “of
being a councillor-elect to it, and I am giving my counsel to it (the
League), and to all the people of the United States.”
The bill passed the House by a large majority—the high duties on farm
products which the Westerners asked tacked to it. It was evident that
Congress, as a whole, had broken with the avowed tariff policy of the
past 20 years.
It was the middle of July, 1866, when the bill reached the Senate—too
hot for tariffs, the Senators decided. It was several months indeed
before it came before them. Along with it came a bill prepared by Mr.
Wells, who had been greatly disturbed by the outbreak of high
protectionism. A moderate protectionist himself—he appreciated the
injustice and the dangers in recklessly and generally increasing duties.
He had carefully studied the schedules, and he knew how inevitably
disaster must follow to some interests from the sweeping changes
proposed. He accordingly prepared a bill much more moderate in its
duties, which he claimed would give the necessary revenue and at the
same time protect as far as was just. It met the hearty approval of the
Senate, where there had been much sarcasm spent on the House bill,
principally by the Republicans themselves. “The idea has seemed to
prevail of late,” said Mr. Fessenden, “that if anybody choose to start a
new manufacture by way of experiment, thinking he can succeed in it, the
duty of this country, whatever the effect on commerce, or whatever the
taxation on individuals, is to place duties which will prevent the
importation of that article if it interferes with the manufacture
started.... Is it worth while,” he asked, “to prohibit the importation
of all articles and end our relations with foreign countries?”
Public-domain text, read in full here on John Shaqi.
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