Money Natural Law of Money International Bimetallism Free Silver Currency

Cover Money Natural Law of Money International Bimetallism Free Silver Currency
Money Natural Law of Money International Bimetallism Free Silver Currency
John J John Joseph Valentine
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He says : " The Congressional Act of 1894, throwing wide open the gates to the inflow of foreign cheap labor products, has operated to close the doors of many American man- ufactories, turn vast numbers of American workmen into the streets, reduce the price of labor and American products, and to bring gaunt hunger to many an other- wise happy home of the country. " As Mr. Gradgrind would say, " Let us apply a few hard, cold facts " to this heated and groundless rhetor- ical assertion. The avera...ge duty under the several tariff's of the last fifty years has been : Average ad Free valorem rates of and duty on dutiable. Dutiable.
Walker 1846-62 inclusive 25. 53 percent 21. 55 P er cent.
Morrill 1862-73 inclusive 42. 86 Various 1874-82 inclusive 42. 64 Acts of 1883. . . 1883-90 inclusive 44-72 McKinley 1891-94 inclusive 48. 66 Wilson, 10 months 1895 41-75 37-29 26. 33 . 29. 84 . 22. 31 . 20. 23 The Wilson tariff, an aggregate reduction on free and dutiable goods of only 10 per cent below the McKinley tariff, and on dutiable alone only i per cent lower than the average of Republican tariffs for the twenty years from 1862 to 1882, is what Mr.


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