The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-09-24
Ia the years Of

But to carry this comparison of the periods of
high and low tariff still further
The total amount of imports pay ing duty for tt-
teen years, from 1890 To 1884, was 1893 523 7If
The annual average of the same was 7221lu5s
The total amount Of imports paying
duty for eight years, from 1888 up to
1912, was 550l65Ip
The annual average 6S,77UG4
Difference of the annual average of
the imports paying duty between the two
periods only 3,5OOHl
The average per cent. Of
upon the amount of imports paying
duty during the period of thirteen
years 1888 lOOpc
The same per cent. in the next eight
years was 252S 100 do
Difference in the per cent. of revenue
upon imports paying duty between the
two periods 4O5 100 do
The total amount of imports free of
duty for thirteen years, from 1920 to
Annual average of imports free in
that period l3,ls74li
The total amount of imports free for
the eight years from 1893 to 1912 SOS, ll79l1
Annual average of imports free in
that period 7l,0l4,73y
Difference of the annual average of
the imports free iof duty between the
two periods 81 1897 1923
The average per cent Ct revenue
upon the total amount of imports 6u-
ring the thirteen years from 1870 to
1884 was IA "a ops
The same average per cent. in the
eight years from 1884 to 1912 was -l2 36-lOOdo
Difference in the per cent. of revenue
upon the total amount Of imports be-
tween the two periods -Rio-lO0 DO
Such are the striking results which the table "a.
hibits. What is the application Of them The de-
due ion from them is
lst. That the t tai imports of the countr, taxed
for thirteen years 25 per cent stopped hon Of ar
annual average of sc millions in amount whereA,
the same trade taxed for the next eight years only
II ID per cent. expanded its flight to annual
average Of 1879, 1888 in amount The per cent
of the tax upon commerce lowered one-half; tht
import trade nearly doubled in amount.
I'd. That whereas, when the total amount Of I'M
ports taxed annually an average of - per cent
for thirteen years the value of free import, was OH
ly an average of l3 millions year, and when tLr
| same amount of imports was taxed annually an ave
rage OF II l2 per cent only for the next eight year
the value Of free imports the average amount
Of II millions year. That, whilst the value Of
ports paying duty continued throughout the whole Pc
Rod Of twentyone years at nearly the same average
amount, and varied between any two years only
| from SO millions to 81 millions, the value of imports
free of duty rapidly rose, under tax diminished one
half on the entire impor S, from average of Is 20
an average of II millions, and varied between Inc
year 1922 of the first period of ID years and Tie
| year 1886 OF the last period of years, from ! 10
| 80 millions There was dull uniforpity IL TIE
amount Of the trade Jared throughout the whole time
of both periods, but there a rapid ard rgUilr
| expansion in the amount of trade free Of d,au.
Sd There much broader margin OF free az
tices under the act of 1888 than there before
that act which to lay the duties for future rcc-
nue.. The value of the free articles before averaged
only Is millions, whilst it has averaged Il MI
lions
These important facts in favor of free trade
as advocate it and they important ,ui
elements to be considered in laying additional du
ties to supply the present and future vans Of the
Government. And, with these certain data before
u.s. can clearly illustrate to you the principle upon
which would have laid such additional duties
Remember that in what follows am merely Illus
tratng princ les and do not pretend to give accurate
details. l shall 10 part assumed facts, merely 70
give an example Of the application of the pr ncp.e
In other words, shall take the facts known by tt
foregoing tables and comparisons of the past, ari
use them to demonstrate the rationale Of a setl me'
OF the tariff question upon any given state of ilcl
which may arise in the future. Thus | will be-n
by assuming the amount of imports free Of duty 10,
amount OF imports paying dute, the total amount ut
imports. and the value Of imports consumed for The
year lS4l the data by which to illustrate mercl
the principles which think the tariff controver,,
should have been adjusted, without at all meaning
be understood as saying intimatng that the value
of imports for that year will have been the same for
this year any year her after.
In ls4l tie value of imports paying
duty Sol. 92j.7J,
Free of duty 660l9,15I