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
In 1872 the "straight" Democrats, that is those who refused to support
Greeley, were for a "judicious" revenue tariff; but in 1876 the party
denounced the existing system as "a masterpiece of injustice, inequality
and false pretence." Democratic state platforms were even less firm; in
fact, the eastern states seemed committed to protection. In Congress,
however, most of the opposition to the passage of tariff acts was
supplied by the Democrats.
The attitude of the Republicans was more important, because theirs was
the party in power. There was, as has been shown, a strong tariff-reform
element, and in some of the conventions care seems to have been taken
to avoid any definite statement of principles--doubtless on account of
the well-known differences in the party--and for many years there was
no clearly defined statement of the attitude of the organization. Yet
it must be emphasized that Republicans were usually protectionists in
the practical business of voting in Congress. Skillful Republican leaders
gave way a little in the face of opposition but regained the lost ground
and a little more, after the opposition retreated. Since the war-tariffs
had been passed under Republican rule, it was easy to clothe them with
the sanctity of party accomplishments.
Fully as technical as the tariff problem, and presenting a wider range
for the legislative activities of Congress, was the financial situation
in which the country found itself in 1865. The total expenditures from
June 30, 1861 to June 30, 1865 had been somewhat more than three and
one-third billions of dollars, an amount almost double the aggregate
disbursements from 1789 to 1861. Officers accustomed to a modest budget
and used to working with machinery and precedents which were adapted to
the day of small things, had been suddenly called upon to work under
revolutionized conditions. Prom the point of view of expense, merely,
one year's operations during the war had been equivalent to thirty-six
times the average outlay of the years hitherto. As has been shown, the
major part of the income necessary for meeting the increased expenses
had been obtained by means of the tariff and internal revenue taxes.
The tariff worked to the advantage of many people, and its retention
was insistently demanded by them; the internal revenue taxes were
disliked, and few things were more popular after the war than their
reduction. In 1866 an act was passed which lowered the internal revenue
by an amount estimated at forty-five to sixty millions of dollars. In
succeeding years further reductions were made, so that by 1870 the
scale was low enough to withstand attacks until 1883.
Public-domain text, read in full here on John Shaqi.
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