FREE BOOKS

Author's List




PREV.   NEXT  
|<   137   138   139   140   141   142   143   144   145   146   147   148   149   150   151   152   153   154   155   156   157   158   159   160   161  
162   163   164   165   166   167   168   169   170   171   172   173   174   175   176   177   178   179   180   181   182   183   184   185   186   >>   >|  
n from taxation and the relief of cyclone sufferers in Beaufort, South Carolina. The Negro Congressman, too, had an interest in the more important economic questions. On the question of the tariff several Congressmen expressed opinions. In the Forty-second Congress, Josiah T. Walls sought to amend the tax and tariff bill relative to certain commodities produced in the State of Florida.[88] He favored a tariff for protection as opposed to one for revenue only. During a similar discussion, in the House, John R. Lynch, a member of the Forty-seventh Congress, urged a protective tariff[89] for cotton, lumber, and sugar. His argument was that the cotton producers of the South were in favor of a protective tariff. When its producing class (meaning labor) was slave, when all of its products were exported, when all of its wants were supplied from without, and when cotton was its only interest, the South favored cheap labor and free trade. At this time, however, labor was free as distinguished from slave, and it therefore added to the cost of production, while jute, sugar, rice, lumber, and manufactures in the embryonic stage, shared with cotton the interests of producers. These changed conditions, he maintained, demanded for the South a policy of reasonable protection. Regarding protection as a panacea for all the economic ills of the South, Lynch asserted that it would foster the growth of industries, permit the manufacturing interests to develop, and prevent the recurrence of a situation in which the whole output of raw material is shipped to a foreign market and sold at a price fixed by market, whereas goods manufactured from this same raw material are shipped to the South and sold at a price dictated by the sellers. He said, moreover, that a protective tariff would effect a decrease of American imports in cotton goods and at the same time an increase of employment among the folks at home. With reference to tariff on sugar and lumber, Lynch held that the South needed diversified industries, that the investment of capital in the South was essential to a diversification of industries, that a reasonable interest must be guaranteed to attract the capital, and that inasmuch as protection afforded the only way whereby the interest could be assured, protection for these industries was nationally demanded. Any consideration of the merits of the arguments advanced by Lynch must not overlook the fact that protection has been the
PREV.   NEXT  
|<   137   138   139   140   141   142   143   144   145   146   147   148   149   150   151   152   153   154   155   156   157   158   159   160   161  
162   163   164   165   166   167   168   169   170   171   172   173   174   175   176   177   178   179   180   181   182   183   184   185   186   >>   >|  



Top keywords:
tariff
 

protection

 

cotton

 

industries

 

interest

 

lumber

 
protective
 
producers
 

favored

 
demanded

market

 

capital

 
shipped
 

material

 

interests

 

reasonable

 

Congress

 

economic

 
sufferers
 
manufactured

Carolina

 

Beaufort

 
effect
 
decrease
 

American

 

dictated

 

sellers

 
cyclone
 

foreign

 

manufacturing


develop

 

prevent

 

permit

 

important

 
foster
 

growth

 
recurrence
 

situation

 
imports
 

output


Congressman

 

employment

 

nationally

 
assured
 

afforded

 

consideration

 

merits

 

overlook

 

arguments

 
advanced