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One provision of the Payne Aldrich law provided for the creation of a tariff board to study the problem of tariff modification in full and to collect information on the subject for the use of Congress and the President in future tariff considerations. Another provision allowed for free trade with the Philippines, then under American control.
Download as PDF; Printable version ... This is a list of United States tariff laws. 1789: Tariff of 1789 (Hamilton Tariff) 1790: ... Payne–Aldrich Tariff Act; 1913: ...
Aldrich outmaneuvered them by lowering the tariff on farm products, which outraged the farmers. The great battle over the high Payne–Aldrich Tariff Act in 1910 ripped the Republicans apart and set up the realignment in favor of the Democrats. [89] Woodrow Wilson made a drastic lowering of tariff rates a major priority for his presidency.
Created Date: 8/30/2012 4:52:52 PM
Payne's bill passed the House in April 1909; when it reached the Senate, the chairman of the Senate Finance Committee, Nelson W. Aldrich, attached numerous amendments that raised tariff rates. Aldrich's amendments outraged progressives such as Wisconsin's Robert M. La Follette, who strongly opposed the high rates of the Payne-Aldrich tariff ...
The Republicans split bitterly on the Payne–Aldrich Tariff of 1909. Republican President Theodore Roosevelt (1901–1909) saw the tariff issue was ripping his party apart, so he postponed any consideration of it. The delicate balance flew apart on under Republican William Howard Taft. He campaigned for president in 1908 for tariff "reform ...
The conference report passed both houses, and Taft signed it on August 6, 1909. The Payne-Aldrich tariff was immediately controversial. According to Coletta, "Taft had lost the initiative, and the wounds inflicted in the acrid tariff debate never healed". [93]
The tariff issue was pulling the GOP apart. Roosevelt tried to postpone the issue, but Taft had to meet it head on in 1909 with the Payne–Aldrich Tariff Act. Eastern conservatives led by Nelson W. Aldrich wanted high tariffs on manufactured goods (especially woolens), while Midwesterners called for low tariffs. Aldrich outmaneuvered them by ...