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The Tariff Review Volume 19

The Tariff Review Volume 19


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About the Book

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1897 Excerpt: ...by Washington as President. Congress in the first five years of its existence passed three acts to protect snipping, each one confirming the wis dm11 ot" the proceeding one, and all con tributing to increase shipping and shipbuilding in the early history of the Government. The first year after the passage of the act of July 4, 1789, providing discriminating duties, American ships carried 40 Year. per cent., the second year 50 percent., the third year 65 per cent., the fourth year 79 per cent., and the fifth year 88 per cent, of our foreign commerce. And this increase was substantially maintained until 1838, when protection to shipping and discriminating duties were conditionally suspended by acts of Congress and treaties with Great Britain and other countries. The effect of this legislation in increasing American shipping in our foreign commerce was phenomenal. The progress made not only vindicated the wisdom of passing such acts, but went beyond the expectations of its friends. These acts, while increasing American shipping in our foreign commerce, had the effect to decrease British shipping correspondingly, as will be seen by the following table showing the tonnage of British vessels admitted to American ports in the early stage of discriminating legislation: Tonnage. 1790 218,114 1791 210.618 1794 87,058 Beginning with 218,000 tons in 1790, British shipping in our foreign commerce declined during these six years to 19,000 tons. British tonnage gained little in our ports in the early years of the present century, but was again reduced to almost nothing in 1810, 1811 and 1813, until the war of that year. SOME RESULTS OF DESCRIM1NATINQ DUTIES. The beneficial results of this policy of protection and discriminating duties in building up our shipping inte...


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Product Details
  • ISBN-13: 9781130837230
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 324
  • Spine Width: 17 mm
  • Width: 189 mm
  • ISBN-10: 1130837238
  • Publisher Date: 01 Mar 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 581 gr

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