Sixty Years of American Life, Taylor to Roosevelt, 1850 to 1910

Cover Sixty Years of American Life, Taylor to Roosevelt, 1850 to 1910
Sixty Years of American Life, Taylor to Roosevelt, 1850 to 1910
Everett Pepperell Wheeler
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22 Mileage of railroads built increased . . 66 Total national wealth increased . . 40 In other words under a revenue tariff, capital engaged in manufacturing, wages, and national wealth all increased ' This tariff was the most simple and scientific that we have had for a century. In general it imposed low rates of duty on crude materials, or put them on the free list, made duties higher on goods requiring little labor for completion, and higher still on more complex products. For example* coppe...r ore was free, copper in pigs paid a duty of five per cent., sheet copper, bolts, and screws, paid twenty per cent. No duties were prohibitory.
Rates of duty on the necessaries of life were low, ranging from five to thirty per cent.; on luxuries forty per cent.; on spirituous liquors one hundred per cent. At that time there were no internal revenue duties.
TARIFF REFORM, 1888-1913 187 three times as much as under ^ high protective tariff; and raikoad building increased four times as much.
I quoted from Mr.


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