The Tariff Speech of Hon James a Garfield of Ohio in the House of Represe
The Tariff Speech of Hon James a Garfield of Ohio in the House of Represe
James a James Abram Garfield
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When the policy of in- crease is pushed beyond a certain point, the popular reaction sets in ; the opposite party gets into power and cuts flown the high rates. Not content with reducing the rates that are unreasonable, they attack and destroy the whole protective system. Then follows a deficit in the Treasury, the destruction of manufacturing interests, until the reaction again sets in, the free-traders are overthrown, and a protect- ive system is again established. In not less than four disti...nct periods during the last fifty years has this sort of revolution taken place iu our industrial system. Our great national industries have thus been tossed up and down between two extremes of opinion. During my term of service in this House I have resisted the effort to increase the rates of duty whenever I thought an increase would be dangerous to the stability of our manufacturing interests ; and by doing so, I have sometimes been thought unfriendly to the policy of protecting American industry.
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