Word: tariff
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Dates: during 1880-1889
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...Garrison began by reviewing the early history of tariff legislation when its purpose was to foster an industry not strong enough to exist of itself, and when no one denied that a tariff was a tax. He considered briefly the causes which led to the revenue tariff of 1847, and described the wonderful prosperity which the country enjoyed in the decade which followed. He declared that notwithstanding the incubus of the industrial condition of the south the country has never had greater material properity than during the year between...
...close of the war a great amount of army woolens was foreed upon the market, and a natural depression in the woolen trade followed. Business men could not suddenly comprehend the cause of the situation. They sought help from the government, and a tariff more stringent than any of its predecessors-the tariff of 1868, was enacted. That tariff is now twenty-two years old, and as a wool dealer, Mr. Garrison did not hesitate to affirm that it is a disappointment...
...tariff has not built up the wool growing industry. The United States cannot grow all grades of wool. The finer grades of wool must be imported, and unless they are imported we must be contented with an inferior quality of cloth. The bulk of the wool grown here finds its greatest value when mixed with foreign wool; but since the tariff practically prevents our importing foreign wool, we are compelled to import the best fabrics from abroad, and the wool growing industry languishes. The wool grower who procured the tariff failed to procure protection...
...tariff has not enhanced the price of raw produc or of the manufactured article. Neither the wool grower nor the manufacturer has been benefitted by the tariff; and certainly the consumer has not, for he has been compelled to assume the burden of an indirect tax which the manufacturer lays upon him to himself escape injury from the tariff...
...Blaney, '90, introduced the question for the affirmative. His principal idea was to show the rapid downfall of the republican and the steady rise in power of the democratic party. The republican platform he considered under three heads: civil service, pensions and tariff. He closed his argument by urging all to vote for Russell if they wished for good government...