McKinley Tariff - Finance Records
About us  |  Why use us?  |  Press  |  Contact us

Topic: McKinley Tariff


  
 MSN Encarta - William McKinley
Tariffs on imports were intended to raise money for the government and to protect U.S. businesses from foreign competition by increasing the cost of importing those goods.
Western farmers wanted the government to issue more silver dollars, which would raise the prices for their crops; a larger money supply would also decrease the value of a dollar and enable farmers to repay their debts with less valuable money.
As a congressman he was known as a powerful speaker and a hardworking but very conservative legislator.
http://encarta.msn.com/encyclopedia_761568615_2/William_McKinley.html   (759 words)

  
 Article 2
The goal of the 1890 tariff reform was to lower revenues--the U.S. federal budget in 1888-89 had run a $53 million, or 13.4 percent, surplus--and this, the Congressional leadership candidly proposed to accomplish via a perverse Laffer Curve effect.
On the one hand, the Democratic party believes in a tariff for revenue only, sometimes they say, with incidental protection, but what they mean is a tariff intended solely to raise money to carry on the operations of the government.
William McKinley, Sherman's Ohio colleague and Republican Speaker of the House, "accepted the principle...that the way to reduce revenue from customs is to make foreign goods which might compete with domestic products too dear to buy" (Tarbell [1912, 190]).
http://www.sp.uconn.edu/~langlois/E382/Hazlett.html   (4617 words)

  
 Jiskha Homework Help - Social Studies: U.S. History: William McKinley
McKinley lost his bid for Congress in 1891 due to unpopularity brought about as a result of the McKinley Tariff, which greatly increased consumer prices.
In 1897, the Dingley Tariff increased the tariff, and in 1900 Congress passed the Gold Standard Act.
A state board of negotiation was set up to deal with labor and business problems.
http://www.jiskha.com/social_studies/us_history/williammckinley.html   (1560 words)

  
 The Rutherford B. Hayes Presidential Center
Just as McKinley offered tariff protection and "sound money" as panaceas to restore prosperity, Bryan offered free silver and the alleged increase of income it would produce for many interests as a way out of the depression.
Tariff protection seemed likely to help their enterprises.
The United States could benefit from carefully devised reciprocal agreements with individual countries that would open their markets to some American goods, and permit importation of some of their goods that did not compete with American labor and business.
http://www.rbhayes.org/morgan.html   (4997 words)

  
 Descendants of Johann Heinrich Eschbach - aqwn24 - Generated by Family Ties Deluxe Edition
But the business failed, and McKinley was expected to repay the bank loans.
McKinley told voters that free silver would increase consumer prices, but that high tariffs would promote national prosperity.
He called Congress into special session, and the Dingley Tariff of 1897 was passed.
http://ashbaugh.zionweb.org/eschbach2/aqwn24.htm   (2784 words)

  
 United States History: The Gilded Age (1890) to World War I
Under Wilson's guidance and urging, Congress in 1913 passed the Underwood Tariff Act, which provided for a general decrease in the Payne-Aldrich tariff schedules and for an income tax to bring in sufficient revenue to compensate for any loss in national revenue occasioned by the lower tariff duties.
Although pledged to a tariff for revenue only, Congress yielded to the desires of senators devoted to protecting the interests of large corporations or trusts by passing another high protective tariff.
It also passed the McKinley Tariff Act, which raised the already high protective duties and resulted in higher prices for many household commodities.
http://www.emayzine.com/lectures/Gilded~1.htm   (2121 words)

  
 Reader's Companion to American History - -McKINLEY, WILLIAM
In Congress he became the most conspicuous champion of protectionism and the primary author of the McKinley Tariff of 1890; he included in it (at the behest of James G. Blaine) a novel feature authorizing reciprocal trade agreements designed to enhance American exports abroad.
With rates higher than the McKinley Tariff, the new Dingley Tariff (1897) also included the reciprocity feature.
Not a doctrinaire supporter of gold currency, McKinley initially favored international bimetalism, but when the British rejected that system, he abandoned it and in 1900 approved the Gold Standard Act.
http://college.hmco.com/history/readerscomp/rcah/html/ah_058300_mckinleywill.htm   (534 words)

  
 William McKinley
McKinley had campaigned to increase the tariff income both as a means of reducing internal taxes and as a means of encouraging the expansion of domestic industry and employment for American workers.
His McKinley Tariff of 1890 established substantially higher tariff rates on imported goods in order to protect U.S. business and manufacturing.
As a congressman, McKinley became chair of the House Ways and Means Committee in 1889.
http://www.freerepublic.com/~williammckinley   (5816 words)

  
 McKINLEY, WILLIAM - LoveToKnow Article on McKINLEY, WILLIAM
The Democratic tariff in 1893 had been enacted as part of the general revenue measure, which included an income-tax.
In 1878 he took part in the debates over the Wood Tariff Bill, proposing lower import duties; and in the same year he voted for the Bland-Allison Silver Bill.
McKinley's message to the new Congress dwelt upon the necessity of an immediate reyision of the tariff and revenue system of the country, and the so-called Dingley Tariff Bill was accordingly passed through both houses, and was approved by the president on the 24th of July.
http://2.1911encyclopedia.org/M/MK/McKINLEY_WILLIAM.htm   (5638 words)

  
 William McKinley
Around this time, McKinley faced a severe financial crisis, having cosigned on a note for a friend’s business loan.
He lost a bid for the speakership, but gained the chairmanship of the House Ways and Means Committee.
The business failed and the bank came to McKinley for $100,000.
http://www.u-s-history.com/pages/h809.html   (667 words)

  
 GreenvilleOnline.com - Free trade makes everyone a winner in long run
The McKinley Tariff of 1890 was designed to do two things: raise revenue (there was no federal income tax) and garner political support.
William McKinley, then chairman of the House Ways and Means Committee, steered an average 49.5 percent rate (the highest to that time) into law.
They cost a lot because they also enjoyed a high tariff that led, at times, to prices twice as high as British costs.
http://greenvilleonline.com/news/opinion/2003/08/08/2003080811666.htm   (1000 words)

  
 WNYRHS HISTORY PanAm Expo 2001
The McKinley Tariff Bill was enacted raising already high protective tariffs resulting in higher prices on many household commodities.
Democrats blamed the high tariff and excess government spending on the Republicans.
By November of 1899, all but two trunk line railroads have signed an agreement to allow all exhibits to be returned to point of origin free of charge provided that applicable tariff rate was paid to exposition from point of origin and no change of owner.
http://www.trainweb.org/wnyrhs/panam1901.htm   (14263 words)

  
 McKinley
As president, McKinley was converted to the idea of international bimetallism—an agreement of several countries to use both gold and silver as the basis for their currency.
McKinley reports on the Sampson Board's MAINE report
He later favored maintaining currency by using the gold standard, opening the way to passage of the Gold Standard Act of 1900.
http://www.spanamwar.com/McKinley.htm   (1226 words)

  
 National Park Service - The Presidents (William McKinley)
Postponing monetary reform, McKinley called Congress into special session to enact the Dingley Tariff (1897), which established the highest duties to that date.
At home, McKinley's approval of the fiscally conservative Gold Standard Act of 1900 briefly revived the monetary debate.
A Democratic gerrymander in Ohio in 1890 cost McKinley reelection, and nationally the Republicans suffered a landslide defeat in the House elections, largely because of their tariff position.
http://www.cr.nps.gov/history/online_books/presidents/bio25.htm   (1155 words)

  
 Internet Obituary Network, Obituary for American President William McKinley
McKinley lost reelection in 1890, and had incurred the wrath of those merchants, shippers and workers who had profited from the import of foreign goods.
With his Hanna backed publicity and platform of revising the money supply to a gold standard, curbing inflation and stabilizing the economy,
William Jennings Bryan with the first big-budget public relations campaign, financed and managed by Hanna.
http://obits.com/mckinleywilliam.html   (923 words)

  
 William McKinley
A short note on the expenditures of the McKinley campaign of 1896.
The Currency Act of 1900 consolidated the gold standard policy on which McKinley had been elected in 1896.
It had already cost McKinley his seat in Congress in the election of 1890, but he had attracted the attention of the powerful capitalist-politician Marcus A. Hanna
http://www.infoplease.com/ce6/people/A0830982.html   (636 words)

  
 1896: The Tariff
In the wake of depression, however, even many die-hard tariff advocates conceded that tariffs were not a total answer to unemployment and low wages.
Critics argued that American consumers paid higher prices for the necessities of life, because tariffs established a high "floor" price and enhanced industrialists' profit, rather than helping workers.
That tariff proved unpopular--but the depression of 1893, which began under a Democratic administration, refocused criticism on the Democrats.
http://projects.vassar.edu/1896/tariff.html   (333 words)

  
 Lesson Plans: Campaign Songs as Propaganda: McKinley Protection Song Analysis Worksheet Evaluation Guide
[Republicans, as the political party that supported business interests, favored tariffs because they protected home industries from import competition; Democrats, as the political party that supported farming and laboring interests, opposed tariffs because the cost of imported goods rose, while domestically produced goods remained high because of the lack of competition.]
Jacob Coxey, who organized the march, wanted the government to hire the unemployed in order to create jobs and also advocated an increase in the amount of currency in circulation in order to inflate the currency.] What is it trying to imply about who tariff protection will help?
[The song is implying that with tariff protection…and no silver coinage, the value of a dollar will be higher, but if there are no tariffs, prices may be lower, but a dollar won't be worth as much.
http://dig.lib.niu.edu/gildedage/teachers/tariff-songanalysis-evaluation.html   (606 words)

  
 William McKinley - Wikipedia, the free encyclopedia
Chairman of the U.S. House Committee on Ways and Means
McKinley's portrait appeared on the U.S. $500 bill from 1928 to 1946.
In 1890, he authored the McKinley Tariff, which hurt his party in the off-year elections of 1890, in which he lost his seat.
http://en.wikipedia.org/wiki/William_McKinley   (1308 words)

  
 Dingley Act - Wikipedia, the free encyclopedia
The Dingley Act would remain in effect until the Payne-Aldrich Tariff Act of 1909.
of Maine, raised tariffs in United States to counteract the Wilson-Gorman Tariff Act of 1894, which had lowered rates.
The Republican President William McKinley fully supported the bill.
http://en.wikipedia.org/wiki/Dingley_tariff   (107 words)

  
 McKINLEY, William, Jr. (1843-1901) Bibliography
The tariff; a review of the tariff legislation of the United States from 1812 to 1896.
“Governor McKinley’s Misfortune: The Walker-McKinley Fund of 1893.” Ohio Historical Quarterly 69 (April 1960): 103-20.
William McKinley: Twenty-fifth President of the United States.
http://bioguide.congress.gov/scripts/bibdisplay.pl?index=M000522   (400 words)

  
 William McKinley
Major events of his political career include passage of the McKinley Tariff of 1890 which protected business in the United States.
In 1876 he was elected to Congress and served there until 1891.
McKinley became governor of Ohio in 1892 and President of the United States in 1896.
http://wneo.org/stark/mckinley.html   (149 words)

  
 Part VII, Chapter 96.
In President Harrison's time McKinley, then a member of Congress, succeeded in getting the tariff made higher than ever before, and the Act then passed was known as the McKinley Tariff Act.
So the people are now citizens of the United States, and send a representative to Congress.
He wanted to put such a high duty on foreign goods that the home manufacturer could sell his goods at a high price, and still undersell the foreigner.
http://digital.library.upenn.edu/women/marshall/country/country-VII-96.html   (1911 words)

  
 McKinley Tariff - Wikipedia, the free encyclopedia
The McKinley Tariff of 1890 was what set the average ad valorem tariff rate for imports to the United States at 48.4%, and protected agriculture.
In return for its passage, the Sherman Silver Purchase Act was given Republican support.
Its chief proponent was Congressman and future President William McKinley.
http://en.wikipedia.org/wiki/McKinley_tariff   (112 words)

  
 The McKinley tariff (from United States) --  Encyclopædia Britannica
The McKinley tariff (from United States) --  Encyclopædia Britannica
The second New Deal and the Supreme Court
http://www.britannica.com/eb/article-77828   (107 words)

  
 Great American History Fact-Finder - -McKinley Tariff
Sponsored by Representative William McKinley, chair of the House Ways and Means Committee, the act was designed to protect American industries from foreign competition.
(1890), law establishing record-high tariffs on many imported items.
Its unpopularity led to its replacement by the Wilson Act in 1894.
http://college.hmco.com/history/readerscomp/gahff/html/ff_119400_mckinleytari.htm   (68 words)

  
 McKinley, Jr, William
 McKinley remained in the military for the conflict's duration, rising from a mere private to the rank of major by the war's end.
McKinley's second term began as a celebration of the United States' victory in the Spanish-American War.  Economic prosperity had also seemed to return, following the Panic of 1893.
Ohio Historical Society, 2005, "William McKinley, Jr", Ohio History Central: An Online Encyclopedia of Ohio History.
http://www.ohiohistorycentral.org/entry.php?rec=265   (67 words)

  
 The Gilded Age (5)
This Supreme Court case approved of the practice of segregating public facilities provided that they were separate but equal.
He was the Republican leader who managed President McKinley's 1896 campaign.
In a famous speech, he advocated free silver and part of the Omaha Platform.
http://www.historyteacher.net/USProjects/Quizzes5-6/GildedAge5.htm   (220 words)

  
 McKinley, Mount - Columbia Encyclopedia article about McKinley, Mount
This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.
He emigrated to the United States in 1885, graduated from the Univ. of the South (1892), and was dean (1894–1904) of the Episcopal cathedral at Dallas, Tex. In 1905 he became archdeacon of the Yukon and spent the remainder of his life in Alaska.
Permanent snowfields cover more than half the mountain and feed numerous glaciers.
http://columbia.thefreedictionary.com/McKinley,+Mount   (194 words)

  
 The Hutchinson Encyclopedia: Harrison, Benjamin (1833-1901)@ HighBeam Research
Events of his presidency included the settlement with Britain of the Bering Sea fur-seal question, an attempt to negotiate the annexation of Hawaii, and the passing of the McKinley Tariff Act, the Sherman Silver Purchase Act, and the Sherman...
This material is published under license from the publisher through ProQuest Information and Learning Company, Ann Arbor, Michigan.
In 1948 this became the Organization of American States.
http://www.highbeam.com/library/doc0.asp?DOCID=1P1:100102179&refid=ip_almanac_hf   (197 words)

  
 McKinley Tariff of 1890
Wilson-Gorman Tariff in 1894 lowered the rate under President Cleveland.
http://www.harwich.edu/depts/history/pp/gilded/sld063.htm   (43 words)

  
 Chapter 3
Therefore deposits must be between 1870 and 1907.
a white earthenware bowl from the surface bearing a printed Maling mark on the base, including the word 'England', which was used after 1891 to comply with the McKinley Tariff Act (Godden 1991: 11)
http://www.poorhouse.org.uk/dissertation/chapter-3.html   (3045 words)

  
 Find in a Library: Our tinplate industry built up by the McKinley tariff
WorldCat is provided by OCLC Online Computer Library Center, Inc. on behalf of its member libraries.
To find this item in a library, enter a postal code, state, province, or country in the field above.
Our tinplate industry built up by the McKinley tariff
http://worldcatlibraries.org/wcpa/ow/829ca8a650f2377fa19afeb4da09e526.html   (75 words)

  
 McKinley Tariff of 1890 - definition of McKinley Tariff of 1890 in Encyclopedia
McKinley Tariff of 1890 - definition of McKinley Tariff of 1890 in Encyclopedia
Searchword not found in the selected dictionary, but you can try the following:
Embed a dictionary search in your own web page
http://encyclopedia.laborlawtalk.com/McKinley_Tariff_of_1890   (54 words)

factbites
 About us   |  Why use us?   |  Press   |  Contact us

 Copyright © 2006 Finance Records.org Usage implies agreement with terms.