The Tariff in Our TimesTarbell, Ida M. (Ida Minerva)
History
The Tariff in Our Times
Tarbell, Ida M. (Ida Minerva)
Tariff -- United States -- History
Mr. Morrill saw the opportunity for reviving protection in 1858 when the
revenues were insufficient, and he determined to prepare a new bill
which should represent his views. But the interest in the subject at
that moment was so little that he could not get a hearing from the
House. The next session, however, gave him a rare chance. In the fall of
1859 a Congress largely Republican took its seat. After a fierce fight
this Congress elected a Republican speaker, and this speaker put a young
man destined to play a large part in National finances at the head of
the Ways and Means Committee—John Sherman of Ohio. Mr. Sherman was just
37 years old, and as shrewd, as active, and as experienced a politician
as the Republicans had in the House. He had begun his political life
when about 21 years old with but two political tenets—hatred of the
Democratic party and belief in protection of American industries.
Political conscience had been unstirred within him until the repeal of
the Missouri Compromise. That turned him into a Crusader. Sherman had
been fighting solely against slavery extension for six years, when his
appointment to the head of the Ways and Means Committee suddenly made it
his duty to consider finances. At once his old faith in protection
asserted itself, and he gave full support to Mr. Morrill, who was
instructed by the Committee of Ways and Means to prepare a new tariff
bill.
Mr. Morrill worked out his bill with great care and patience, and when
it came out of committee early in 1860 it represented very nearly what
he believed. Mr. Sherman, who from this time on had much to do with
tariff bills, says in his autobiography that the Morrill Bill at the
start was nearer meeting the double requirement of revenue and
protection than any bill he was ever familiar with.
Public-domain text, read in full here on John Shaqi.
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