The Principles And Policy of the Democratic Party a Letter From the Hon Elijah
The Principles And Policy of the Democratic Party a Letter From the Hon Elijah
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Principks of the Britisli Tariff. The theory of protecting and encouraging industry by high duties, levied, in the main, from the industrious, has long been tried, while no legislative efforts have been made to attain the same object by the judicious applica- tion of the lowest taxation consistent with the needful revenue. In this re- spect, the cause to which Great Britain is indebted for her manufacturing and commercial prosperity is well worthy of study. While our tariff levies duties on nea...rly two thousand five hundred different and distinctly enume- rated articles or classes of articles, the whole British tarifl" includes only four- teen ; all others are supplied to her consumers free of duty. Although we can not yet attain the ^ame simplicity, it would be wise to take steps in that direction. A better and more moderate tariff, while yielding an ample revenue, would give our home producers many advantages. It is calculated that by such a change, aided by a sound currency, our manufacturers would be enabled to supply the agricultural, commercial, manufacturing, and other consumers of their goods, at rates varying from 25 to 50 per cent lower than at present.
What to read after The Principles And Policy of the Democratic Party a Letter From the Hon Elijah?
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To quickly assess the difficulty of the text, read a short excerpt:
Principks of the Britisli Tariff. The theory of protecting and encouraging industry by high duties, levied, in the main, from the industrious, has long been tried, while no legislative efforts have been made to attain the same object by the judicious applica- tion of the lowest taxation consistent with the needful revenue. In this re- spect, the cause to which Great Britain is indebted for her manufacturing and commercial prosperity is well worthy of study. While our tariff levies duties on nea...rly two thousand five hundred different and distinctly enume- rated articles or classes of articles, the whole British tarifl" includes only four- teen ; all others are supplied to her consumers free of duty. Although we can not yet attain the ^ame simplicity, it would be wise to take steps in that direction. A better and more moderate tariff, while yielding an ample revenue, would give our home producers many advantages. It is calculated that by such a change, aided by a sound currency, our manufacturers would be enabled to supply the agricultural, commercial, manufacturing, and other consumers of their goods, at rates varying from 25 to 50 per cent lower than at present.
What to read after The Principles And Policy of the Democratic Party a Letter From the Hon Elijah?
You can find similar books in the "Read Also" column, or choose other free books by Elijah Ward to read onlineMoreLess
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