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To: PeaRidge
PeaBrain first quoting: "# 571 again. Brojoke canard...
'Further, the original Morrill proposals were quite modest, raising average rates from circa 15% to 20%, still relatively low compared to historical numbers.' "

PeaBrain responding to quote: "BS again.
From the day of its origin, Morrill rates were very high.
The bill proposed raising the taxation rate from an average of approximately 37.5% with a greatly expanded list of covered items..."

This source shows that average pre-Morrill tariffs in 1860 were 15%.

This source, as well as others I've seen says of the original Morrill tariff bill:

PeaBrain: "Your comment about 'the wisdom of Congress' raising the rates after secession is flat out BS again."

This source says about the First Morrill tariff:

Finally, this source disagrees with the above, and more closely agrees with you, PeaBrain, but I think some of the explanation is: comparing the original Morrill proposal of 1859, in the face of Southern opposition, with the final Morrill Act of 1861 given the new Republican majorities.

654 posted on 07/17/2016 12:41:31 PM PDT by BroJoeK (a little historical perspective...)
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To: BroJoeK
Your source that you quoted says this: “In general, the tariff increased duties 20 percent on certain manufactured goods and 10 percent on specified raw materials.”

That is factually misleading. First from U.S. Tariff Rates - Ratio of Import Duties to Values: 1821-1996.

"In its first year of operation, the Morrill Tariff increased the effective rate collected on dutiable imports by approximately 70%. In 1860 American tariff rates were among the lowest in the world and also at historical lows by 19th century standards, the average rate for 1857 through 1860 being around 17% overall (ad valorem), or 21% on dutiable items only. The Morrill Tariff immediately raised these averages to about 26% overall or 36% on dutiable items,

Here from Taussig and Adams:

“The bill immediately raised the average tariff rate from about 15 percent (according to Frank Taussig in Tariff History of the United States) to 37.5 percent, but with a greatly expanded list of covered items. The tax burden tripled.”

711 posted on 07/19/2016 1:36:30 PM PDT by PeaRidge
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