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 Dingley act added little to the settlement of the tariff problem.
The ordinary consumer was as little able as before to present his
demands effectively and at the time and place at which the rates were
really determined. The requirements of the silver Republicans were met
by the imposition of high duties on wool. For one reason or another,
duties were restored or raised upon hides, silks and linens, although
those on cotton goods were slightly lowered. The duty on sugar was
retained at a point favorable to the trust. In brief, then, the Act of
1897 was aggressively protectionist. An abortive section of the act
empowered the President to conclude treaties providing for reductions,
as great as twenty per cent., in return for commercial concessions from
other countries. Such reciprocity arrangements, however, must be made
within two years of the passage of the law and might not remain in
force more than five years, and each treaty must be ratified by the
Senate. The President was favorable to reciprocal adjustments and
several were arranged but were uniformly rejected in the Senate.
Business was prosperous after the enactment of the Dingley tariff and
little agitation for a change was observable for a decade. Prosperity,
being world wide, was doubtless not due in its entirety to the American
tariff, yet the coincidence of protection and good times gave the
Dingley act a pleasant reputation. For many years enthusiastic stump
speakers placed the beneficence of Providence and the tariff of 1897 on
an equality as causes of American well-being.
The President's first message to Congress had extended congratulations
upon the fact that peace and good will with all the nations of the
earth continued unbroken. Nevertheless it was necessary for him to
devote much attention to the relations between Spain and its most
valuable American possession--the island of Cuba.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account