McKinley Tariff
McKinley,Tariff
The,Tariff,Act,of,1890,,commonly,called,the,McKinley,Tariff,,was,an,act,of,the,United,States,Congress,framed,by,Representative,William,McKinley,that,became,law,on,October,1,,1890,The,tariff,raised,the,average,duty,on,imports,to,almost,fifty,percent,,an,act,designed,to,protect,domestic,industries,from,foreign,competition1,Protectionism,,a,tactic,supported,by,Republicans,,was,fiercely,debated,by,politicians,and,condemned,by,Democrats,The,McKinley,Tariff,was,replaced,with,the,Wilson–Gorman,Tariff,Act,in,1894,,which,promptly,lowered,tariff,rates2
Contents
1,Tariff,politics
2,Tariff,description
21,Tin-plates
22,Wool
23,Eliminated,tariffs
3,Tariff,effects
4,References
Tariff,politics
Tariffs,,taxes,on,foreign,goods,entering,a,country,,served,two,purposes,for,the,United,States,in,the,late,19th,century,One,was,to,raise,fiscal,revenue,for,the,federal,government,,and,the,other,was,to,protect,domestic,manufacturers,from,foreign,competition,This,controversial,idea,was,known,as,protectionism3
In,December,1887,,President,Grover,Cleveland,,a,Democrat,,devoted,his,entire,State,of,thmckinley,tariff,,mckinley,tariff,of,1890,,mckinley,tariff,a,push,,mckinley,tariff,political,cartoon,,mckinley,tariff,quizlet,,mckinley,tariff,and,big,business,McKinley,Tariff
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