The United States Since the Civil WarLingley, Charles Ramsdell
History
The United States Since the Civil War
Lingley, Charles Ramsdell
United States -- History -- 1865-1921
The Committee early proceeded to hold public hearings at which
testimony was taken, and to which manufacturers came from all over the
country to make known what duties they thought they ought to have. The
bill which was finally presented to the House proposed a level of
duties which was so high that it has generally been considered the
extreme of protection. McKinley himself justified the high rates only
on the ground that without them the bill could not be passed. With the
help of the Reed rules and the western Republicans the McKinley tariff
reached the President and was signed by him on October 1, 1890. It went
into effect at once.
The more prominent features of the measure sprang from the tariff creed
which had been advocated through the campaign. In order to conciliate
the farmers, the protective principle was applied to agricultural
products, and tariffs were laid on such articles as cereals, potatoes
and flax. On the cheaper grades of wool and woolens and on carpet wools
there was a slight rise over even the rates of 1883. On the higher
grades of woolen, linen and clothing the increase was marked. The duty
on raw sugar was removed and one-half cent per pound retained on the
refined product, but domestic sugar producers were given a bounty of
two cents a pound in order to protect them against the free importation
of the raw material. As the sugar duty had been productive of large
amounts of revenue, its remission reduced the surplus by about sixty to
seventy millions of dollars. In order to encourage the manufacture of
tin-plates, a considerable duty was imposed, which was to cease after
1897 unless domestic production reached specified amounts. As the
result of Blaine's urgency, a reciprocity feature was introduced. The
usual plan had been to reduce duties on certain products in case
concessions to American goods were given by the exporting countries,
but in the McKinley act the Senate inserted a novel provision. Instead
of being given power to lower duties in case reciprocal reductions were
made, the President was authorized to impose duties on certain articles
on the free list when the exporting nation levied "unjust or
unreasonable" customs charges on American products. It was expected
that this plan would be applied to Latin-American countries and would
increase our exports to them in return for sugar, molasses, tea, coffee
and hides. In general, the McKinley act was the climax of protection.
Under the impetus of President Cleveland's reduction challenge, the
Republican party had recoiled to the extreme.
Public-domain text, read in full here on John Shaqi.
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