The Free Trade Falsehood That a Tariff is a Tax Exposed
The Free Trade Falsehood That a Tariff is a Tax Exposed
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In the Chicago Tribune, of July 8, salt is quoted at $2. 10 to $2. 20 per barrel, and the Tribune is compelled to admit that it is as low as in 1860, but tries to deny that home competition has kept it down, even with a higher tariff or "tax. " The Pictorial says the farmer's salt is "taxed 108 per cent. , " while he can't tell when he bought it for half, or much less than its present price, and that lie flies after the rest. Out here in the West, the farmer's wool will exchange for blankets ma...de in our western mills more to his advantage than ten years ago, that is, fewer pounds will buy as good a blanket. This thread lie may best be answered by quot- ing from a responsible correspondent of the Hartford Post. He said, in December, 1869 : "The average importation of spool-cotton into New York, for three consecutive years, ending June 30, 1861, was 6, 685, 200 dozen per annum, and, under a duty of 24 per cent, ad va- lorem, yielded a revenue to the Government of $365, 063. 04 per annum.
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To quickly assess the difficulty of the text, read a short excerpt:
In the Chicago Tribune, of July 8, salt is quoted at $2. 10 to $2. 20 per barrel, and the Tribune is compelled to admit that it is as low as in 1860, but tries to deny that home competition has kept it down, even with a higher tariff or "tax. " The Pictorial says the farmer's salt is "taxed 108 per cent. , " while he can't tell when he bought it for half, or much less than its present price, and that lie flies after the rest. Out here in the West, the farmer's wool will exchange for blankets ma...de in our western mills more to his advantage than ten years ago, that is, fewer pounds will buy as good a blanket. This thread lie may best be answered by quot- ing from a responsible correspondent of the Hartford Post. He said, in December, 1869 : "The average importation of spool-cotton into New York, for three consecutive years, ending June 30, 1861, was 6, 685, 200 dozen per annum, and, under a duty of 24 per cent, ad va- lorem, yielded a revenue to the Government of $365, 063. 04 per annum.
What to read after The Free Trade Falsehood That a Tariff is a Tax Exposed?
You can find similar books in the "Read Also" column, or choose other free books by Giles Badger Stebbins to read onlineMoreLess
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