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I think that there was in fact a tariff established in the datary's office, for those who came to Rome to be absolved, or to bargain for dispensations; but that the enemies of Rome added much to it in order to render it more odious.
The question of regulation of the trusts stands apart from the question of tariff revision. Stability of economic policy must always be the prime economic need of this country. This stability should not be fossilization. The country has acquiesced in the wisdom of the protective-tariff principle.
If two nations can be found which are alike in all natural advantages and disadvantages; whose people resemble each other in every quality, physical and moral, spontaneous and acquired; whose habits, usages, opinions, laws, and institutions are the same in all respects, except that one of them has a more protective tariff, or in other respects interferes more with the freedom of industry; if one of these nations is found to be rich and the other poor, or one richer than the other, this will be an experimentum crucis: a real proof by experience, which of the two systems is most favorable to national riches.
Our workingmen, enfranchised from all delusions and no longer frightened by the cry that their wages are endangered by a just revision of our tariff laws, will reasonably demand through such revision steadier employment, cheaper means of living in their homes, freedom for themselves and their children from the doom of perpetual servitude, and an open door to their advancement beyond the limits of a laboring class.
The Compromise Tariff, which reduced duties to twenty per cent in the main, and made provision for still further reduction, found great opponents in the Senate, and was regarded by Webster as anything but a protection bill; nor was Calhoun altogether satisfied with it. It was received with favor by the country generally, however, and South Carolina repealed her nullification ordinance.
There was a little station there, established by some commercial companies, and their agent was a telegraph-operator. The passage from New York to Cape Tariff was an uneventful one, and when Clewe disembarked at the lonely Greenland station he was greeted by a long message from Mrs.
The attention of Congress is invited to the importance of making suitable modifications and reductions of the rates of duty imposed by our present tariff laws. The object of imposing duties on imports should be to raise revenue to pay the necessary expenses of Government.
He swung his finger along the line of Opposition leaders and paused. "The fact has a tragic significance for right honorable gentlemen who want to introduce tariff reform into this country." Then his speech had to be suspended for a full minute. At this time the cause of tariff reform was going rapidly downhill.
Opposition appeared at once: the farmers' organizations protested vigorously at the reduction of the tariff on agricultural products; the high protectionists were fearful of an entering wedge which might lead to further tariff reductions; and the paper and wood pulp interests also objected.
In the matter of travel and transportation, these free highways, will annually, save millions of dollars to citizens of the Republic, by enabling them to escape from the clutches of the largest and most powerful of all monopolies; the railway monopoly. A monopoly, that for many years, has held the public by the throat; exacting a tariff so exorbitant, as to be almost prohibitory.
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