Relation of the Tariff to Wages a Simple Catechism for Those Who Desire to Und
Relation of the Tariff to Wages a Simple Catechism for Those Who Desire to Und
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To quickly assess the difficulty of the text, read a short excerpt:
How was it in respect to the reduction in 1845?
A. The reduction of duties then effected was very much greater than is now proposed. As the result, wages did not decline in any degree, but on the con- trary they steadily advanced, and the nation expe- RELATION OF THE TARIFF TO WAGES. 2J rienced ten years of the most contented period for the laborer ever known.
Q. What was the result when the tariff was further reduced in 1857 ?
A. There was a panic in 1856 not in any way due to the influence of... the tariff which lasted for a very brief period. With this exception, the whole period of low r duties, from 1846 to 1860, was a time of great material prosperity ; and the law author- izing the tariff reduction in 1857 was supported by almost every Representative in Congress from the New England States. In the Senate the vote for reduction of duties was 33 to 12; and in the House 124 to 71. By this measure the average rate of duty on all imports into the United States was reduced to less than 15 per cent.
What to read after Relation of the Tariff to Wages a Simple Catechism for Those Who Desire to Und?
You can find similar books in the "Read Also" column, or choose other free books by David Ames Wells to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
How was it in respect to the reduction in 1845?
A. The reduction of duties then effected was very much greater than is now proposed. As the result, wages did not decline in any degree, but on the con- trary they steadily advanced, and the nation expe- RELATION OF THE TARIFF TO WAGES. 2J rienced ten years of the most contented period for the laborer ever known.
Q. What was the result when the tariff was further reduced in 1857 ?
A. There was a panic in 1856 not in any way due to the influence of... the tariff which lasted for a very brief period. With this exception, the whole period of low r duties, from 1846 to 1860, was a time of great material prosperity ; and the law author- izing the tariff reduction in 1857 was supported by almost every Representative in Congress from the New England States. In the Senate the vote for reduction of duties was 33 to 12; and in the House 124 to 71. By this measure the average rate of duty on all imports into the United States was reduced to less than 15 per cent.
What to read after Relation of the Tariff to Wages a Simple Catechism for Those Who Desire to Und?
You can find similar books in the "Read Also" column, or choose other free books by David Ames Wells to read onlineMoreLess
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