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The Tariff Act of 1890, commonly called the McKinley Tariff, was an act of the United States Congress, framed by then Representative William McKinley, that became law on October 1, 1890. [1] The tariff raised the average duty on imports to almost 50%, an increase designed to protect domestic industries and workers from foreign competition, as ...
Democrats campaigned energetically against the high McKinley tariff of 1890, and scored sweeping gains that year; they restored Cleveland to the White House in 1892. The severe depression that started in 1893 ripped apart the Democratic party. Cleveland and the pro-business Bourbon Democrats insisted on a much lower tariff. His problem was that ...
His 1890 McKinley Tariff was highly controversial and, together with a Democratic redistricting aimed at gerrymandering him out of office, led to his defeat in the Democratic landslide of 1890. He was elected governor of Ohio in 1891 and 1893, steering a moderate course between capital and labor interests.
Shortly after President Benjamin Harrison signed the tariff bill on Oct. 1, 1890, schedule L transformed the debate from one about industry and politics to one about culture and consumption.
Another important factor in the 1890s was tariffs, which of course are a leading fixation of Trump's. ... The Tariff Act of 1890 was known as the McKinley Tariff because McKinley was chairman of ...
Other important legislation passed into law by the Congress included the McKinley tariff, authored by Representative, and future President, William McKinley; the Sherman Antitrust Act, which prohibited business combinations that restricted trade; and the Sherman Silver Purchase Act, which required the U.S. government to mint silver.
The "McKinley Tariff of 1890" was even named after him. Now, Trump wants to return America to McKinley's era, with tariffs at the center of government policy and the US budget.
Democrats campaigned energetically against the high McKinley Tariff of 1890, and scored sweeping gains that year; they restored Cleveland to the White House in 1892. The severe depression that started in 1893 ripped apart the Democratic party. Cleveland and the pro-business Bourbon Democrats insisted on a much lower tariff. His problem was that ...