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
A few phases of the attempt at tariff reduction indicate the extent to
which political decay and especially Democratic demoralization had
gone. As it passed the House, the Wilson bill left both raw and refined
sugar on the free list. This was unsatisfactory to the Louisiana sugar
growers, who desired a protective duty on the raw product, and was
objected to by the Louisiana senators. On the other hand, the American
Sugar Refining Company, usually known as the "Sugar Trust," desired
free raw materials but sought protective duties on refined sugar. In
the Senate, a duty was placed on raw sugar, partly for revenue and
partly to satisfy the Louisiana senators. On refined sugar, rates were
fixed which were eminently satisfactory to the Trust. Rumors at once
began to be spread broadcast over the country that the sugar interests
had manipulated the Senate. The people were the more ready to believe
charges of this sort because of experience with previous tariff
legislation and because the Sugar Trust had been one of the earliest
and most feared of the monopolies which had already caused so much
uneasiness. A Senate committee was appointed, composed of two
Democrats, two Republicans and a Populist, to investigate these and
other rumors. Their report, which was agreed to by all the members,
made public a depressing story. It appeared that one lobbyist had
offered large sums of money for votes against the tariff bill on
account of the income tax provision. Henry O. Havermeyer, president of
the American Sugar Refining Company, testified that the company was in
the habit of contributing to the campaign funds of one political party
or the other in the states, depending on which party was in the
ascendancy; that these contributions were carried on the books as
expense; and that they were given because the party in power "could
give us the protection we should have." Further, one or more officers
of the company were in Washington during the entire time when the
tariff act was pending in the Senate and had conferred with senators
and committees. Senator Quay testified that he had bought and sold
sugar stocks while the Senate was engaged in fixing the schedules and
added: "I do not feel that there is anything in my connection with the
Senate to interfere with my buying or selling the stock when I please;
and I propose to do so." Finally the committee summarized the results
of its investigation, taking the occasion to
strongly deprecate the importunity and pressure to which Congress
and its members are subjected by the representatives of great
industrial combinations, whose enormous wealth tends to suggest
undue influence, and to create in the public mind a demoralizing
belief in the existence of corrupt practices.
Public-domain text, read in full here on John Shaqi.
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