FREE BOOKS

Author's List




PREV.   NEXT  
|<   112   113   114   115   116   117   118   119   120   121   122   123   124   125   126   127   128   129   130   131   132   133   134   135   136  
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   >>   >|  
us if not an insurmountable obstacle to a thorough revision of the tariff and to any considerable reduction in import duties. The present tariff system is in many respects unjust. It makes unequal distributions both of its burdens and its benefits. This fact was practically recognized by a majority of each House of Congress in the passage of the act creating the Tariff Commission. The report of that commission will be placed before you at the beginning of this session, and will, I trust, afford you such information as to the condition and prospects of the various commercial, agricultural, manufacturing, mining, and other interests of the country and contain such suggestions for statutory revision as will practically aid your action upon this important subject. The revenue from customs for the fiscal year ended June 30, 1879, amounted to $137,000,000. It has in the three succeeding years reached, first, $186,000,000, then $198,000,000, and finally, as has been already stated, $220,000,000. The income from this source for the fiscal year which will end on June 30, 1883, will doubtless be considerably in excess of the sum last mentioned. If the tax on domestic spirits is to be retained, it is plain, therefore, that large reductions from the customs revenue are entirely feasible. While recommending this reduction, I am far from advising the abandonment of the policy of so discriminating in the adjustment of details as to afford aid and protection to domestic labor. But the present system should be so revised as to equalize the public burden among all classes and occupations and bring it into closer harmony with the present needs of industry. Without entering into minute detail, which under present circumstances is quite unnecessary, I recommend an enlargement of the free list so as to include within it the numerous articles which yield inconsiderable revenue, a simplification of the complex and inconsistent schedule of duties upon certain manufactures, particularly those of cotton, iron, and steel, and a substantial reduction of the duties upon those articles and upon sugar, molasses, silk, wool, and woolen goods. If a general revision of the tariff shall be found to be impracticable at this session, I express the hope that at least some of the more conspicuous inequalities of the present law may be corrected before your final adjournment. One of them is specially referred to by the Secretary. In view of a re
PREV.   NEXT  
|<   112   113   114   115   116   117   118   119   120   121   122   123   124   125   126   127   128   129   130   131   132   133   134   135   136  
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   >>   >|  



Top keywords:

present

 

revenue

 
duties
 

revision

 

tariff

 
reduction
 

session

 

practically

 

afford

 

system


fiscal

 

customs

 
domestic
 

articles

 
circumstances
 
minute
 
entering
 

industry

 

Without

 

detail


classes

 

adjustment

 
discriminating
 

details

 

protection

 

policy

 
abandonment
 

recommending

 

advising

 

occupations


closer

 

harmony

 

revised

 

equalize

 

public

 

burden

 

simplification

 
express
 

impracticable

 

woolen


general

 

conspicuous

 
Secretary
 
referred
 

adjournment

 

inequalities

 

corrected

 
molasses
 

numerous

 

inconsiderable