This book, first published in 1888 and reprinted in 1974, offers a history of US protective tariffs and their consequences for that country’s international trade, particularly with Great Britain. Its aim was to present to the reader the arguments for and against the opposing principles of protection and free trade, and in this it is successful – the book is a comprehensive analysis of the issue, seen from a time when the debate was perhaps at its most intense.
Excerpt from The History of Protective Tariff Laws Protection supported by John Adams - Also by Jefferson - Its effect upon revenue - Producing surplus - Also upon trade and commerce - Jefferson recommends it, notwithstanding surplus - Proposes internal improvements by amending the Constitution; Relations with England and France - Embargo law - Jefferson considered protection imperative - Duties prohibitory if necessary - Proceedings of Congress - Protection referred to Committee - Favorable report - Increased duties recommended - Question referred to Gallatin, Secretary of Treasury - First opposition to protection - Gallatin's report - Recommends bounties to manufacturers; Madison recommends protection as necessary to independence - Manufactures made necessary by the war with England - Necessary to increase of domestic staples - Cannot be independent without them; Madison recommends protection after the war with England - Necessary to pay debt of the war - Also to encouragement of agriculture - Tariff act of 1816 - Madison on constitutionality of protection - Protection direct, not incidental - Pertains to commerce, not revenue; Congressional proceedings - Tariff of 1816 - Protection of cotton and wool - Madison in favor of protection - Leaders of House of Representatives - Bill reported - Opinion of committee - Opposed to free trade and favoring protection - Threat by Lord Brougham - Congress firm for protection; Proceedings of House of Representatives on Tariff of 1816 - Opinions of Clay, Lowndes and Ingham - Calhoun in charge of bill - Defends it against Randolph of Virginia - His conclusive argument - He favors protection - Necessary for home markets - Bill passed; Tariff of 1816 produces general rejoicing - Jefferson's letter to Austin defending protection - His letter to Simpson to same effect - The act of 1816 strongly protective - No sectional issues existing - Close of Madison's administration - His popularity About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Hardcover reprint of the original 1888 edition - beautifully bound in brown cloth covers featuring titles stamped in gold, 8vo - 6x9". No adjustments have been made to the original text, giving readers the full antiquarian experience. For quality purposes, all text and images are printed as black and white. This item is printed on demand. Book Information: Thompson, Richard W. (Richard Wigginton). The History of Protective Tariff Laws. Indiana: Repressed Publishing LLC, 2012. Original Publishing: Thompson, Richard W. (Richard Wigginton). The History of Protective Tariff Laws, . Chicago, R.S. Peale And Company, 1888. Subject: Protectionism
How did the rich countries really become rich? In this provocative study, Ha-Joon Chang examines the great pressure on developing countries from the developed world to adopt certain 'good policies' and 'good institutions', seen today as necessary for economic development. His conclusions are compelling and disturbing: that developed countries are attempting to 'kick away the ladder' with which they have climbed to the top, thereby preventing developing countries from adopting policies and institutions that they themselves have used.
A history of America's most infamous tariff The Smoot-Hawley tariff of 1930, which raised U.S. duties on hundreds of imported goods to record levels, is America's most infamous trade law. It is often associated with—and sometimes blamed for—the onset of the Great Depression, the collapse of world trade, and the global spread of protectionism in the 1930s. Even today, the ghosts of congressmen Reed Smoot and Willis Hawley haunt anyone arguing for higher trade barriers; almost single-handedly, they made protectionism an insult rather than a compliment. In Peddling Protectionism, Douglas Irwin provides the first comprehensive history of the causes and effects of this notorious measure, explaining why it largely deserves its reputation for combining bad politics and bad economics and harming the U.S. and world economies during the Depression. In four brief, clear chapters, Irwin presents an authoritative account of the politics behind Smoot-Hawley, its economic consequences, the foreign reaction it provoked, and its aftermath and legacy. Starting as a Republican ploy to win the farm vote in the 1928 election by increasing duties on agricultural imports, the tariff quickly grew into a logrolling, pork barrel free-for-all in which duties were increased all around, regardless of the interests of consumers and exporters. After Herbert Hoover signed the bill, U.S. imports fell sharply and other countries retaliated by increasing tariffs on American goods, leading U.S. exports to shrivel as well. While Smoot-Hawley was hardly responsible for the Great Depression, Irwin argues, it contributed to a decline in world trade and provoked discrimination against U.S. exports that lasted decades. Peddling Protectionism tells a fascinating story filled with valuable lessons for trade policy today.
"A history of commerce" by Clive Day. Published by Good Press. Good Press publishes a wide range of titles that encompasses every genre. From well-known classics & literary fiction and non-fiction to forgotten−or yet undiscovered gems−of world literature, we issue the books that need to be read. Each Good Press edition has been meticulously edited and formatted to boost readability for all e-readers and devices. Our goal is to produce eBooks that are user-friendly and accessible to everyone in a high-quality digital format.
