Word: tariff
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...late Champ Clark because of the Senator's vast sheep interests in Wyoming." I feel sure that the designation was conferred on the venerable Senator from Wyoming by Senator Jonathan P. Dolliver of Iowa, on June 8, 1909, during the historic debate on Schedule K (the wool tariff) in the Senate, from which this extract is taken...
...Dolliver: "I contemplate no attack on the sixth agricultural industry of America. It is the one point in tariff making on which all parties can naturally agree...
...debate was historic because Dolliver's assault on Schedule K was the main factor during the next four years in discrediting the tariff revision of 1909 and with it President Taft's administration. This situation encouraged the Progressives' third ticket in 1912, which led to the election of Woodrow Wilson...
Plans. The outstanding and controversial features of farm-relief plans have been, a) Federal price-bolstering and b) tariff adjustment. Plans currently urged contain these features as follows...
Politics. Being a gambler, the farmer is a skeptic and like all skeptics he is willing to believe unpleasant things. Thus, for example, when politicians tell him, for their own purposes, that the tariff discriminates against him, he believes it. Were the politicians honest, they would say that the tariff favors manufacturers, which is very different. But instead of mere jealousy, the farmer has been made to feel that he suffers downright injury from the manufacturers' tariff. Similarly, ever since the Government fixed farm prices as a War measure, the farmer has been told, and he believes, there...