McKinley Tariff

Examples of McKinley Tariff in the following topics:

• The Tariff and the Politics of Protection

  • The Tariff Act of 1890, commonly called the McKinley Tariff, was an act of the United States Congress framed by Representative William McKinley that became law on October 1, 1890.
  • McKinley, the act's framer and defender, was then assassinated.
  • Cleveland's opinion on the tariff was that of most Democrats: the tariff ought to be reduced.
  • After reversing the Harrison administration's silver policy, Cleveland sought next to reverse the effects of the McKinley tariff.
  • Even so, he believed it was an improvement over the McKinley tariff and allowed it to become law without his signature.

• The Scurrilous Campaign

  • The Tariff Act of 1890, commonly called the "McKinley Tariff," was an act of the U.S.
  • Congress framed by Representative William McKinley that became law on October 1, 1890.
  • McKinley, the act's framer and defender, was then assassinated.
  • After reversing the Harrison administration's silver policy, Cleveland sought next to reverse the effects of the McKinley tariff.
  • Even so, he believed it was an improvement over the McKinley tariff and allowed it to become law without his signature.

• Tariff Reform

  • In 1908, Republicans promised to lower unpopular tariffs on U.S. imports, but the Payne-Aldrich Tariff Act further divided Republicans.
  • Democrats campaigned energetically against tariffs, especially the high McKinley Tariff of 1890.
  • In 1896, Republican McKinley campaigned heavily on the tariff issue, claiming that it was a positive solution to economic recession.
  • Promising protection and prosperity to every economic sector, McKinley won, and the Republicans rushed through the Dingley Act in 1897, boosting rates again, while Democrats continued to argue that high rates enabled trusts to operate and led to higher consumer prices.
  • In the end, Congress adopted the Payne-Aldrich Tariff Act, which lowered 650 tariffs, raised 220 tariffs, and left 1,150 tariffs untouched.

• War, Empire, and an Emerging American World Power

  • With the landslide election victory of William McKinley, who had risen to national prominence six years earlier with the passage of the McKinley Tariff of 1890, a high tariff was passed in 1897 and a decade of rapid economic growth and prosperity ensued, building national self-confidence.
  • Roosevelt continued the McKinley policies of removing the Catholic friars (with compensation to the Pope), upgrading the infrastructure, introducing public health programs, and launching a program of economic and social modernization.
  • The US demanded Spain stop its oppressive policies in Cuba; public opinion (overruling McKinley) led to the short, successful Spanish-American War in 1898.
  • " to the waiter, president William McKinley.

• Republican Reform Under Harrison

  • Tariff policy was the principal issue in the election.
  • Harrison took the side of industrialists and factory workers who wanted to keep tariffs high, while Cleveland strenuously denounced high tariffs as unfair to consumers.
  • Other important legislation passed into law by the Congress included the McKinley tariff, authored by representative, and future president, William McKinley.

• The Farm Problem and Agrarian Protest Movements

  • According to one early platform, its purpose was to "unite the farmers of America for their protection against class legislation and the encroachments of concentrated capital. " Their program also called for the regulation—if not the outright nationalization—of the railroads, currency inflation to provide debt relief, the lowering of the tariff, and the establishment of government-owned storehouses and low-interest lending facilities.
  • To make matters worse, the McKinley Tariff of 1890 was one of the highest the country had ever seen.
  • Despite carrying the South and all the West except California and Oregon, Bryan lost the more populated, industrial North and East—and the election—to the Republican William McKinley with his campaign slogan "A Full Dinner Pail".

• Economic Conditions

  • To make matters worse, the McKinley Tariff of 1890 was one of the highest the country had ever seen.
  • Their program also called for the regulation—if not the outright nationalization—of the railroads; currency inflation to provide debt relief; the lowering of the tariff; and the establishment of government-owned storehouses and low-interest lending facilities.
  • Despite carrying most of the South and West, Bryan lost the more populated, industrial North and East—and the election—to the Republican William McKinley whose campaign slogan was "A Full Dinner Pail."

• The Election of 1904

  • Incumbent president and Republican candidate Theodore Roosevelt, having succeeded to the presidency upon the assassination of William McKinley in September 1901, was elected to a term in his own right during the election of 1904.
  • Following the McKinley assassination, from 1902–1903, Roosevelt had effectively maneuvered into control of the Republican Party to ensure that he would have enough supporters to seek reelection.
  • The Republican platform insisted on maintaining the protective tariff, called for increased foreign trade, pledged to uphold the gold standard, favored expansion of the merchant marine, and promoted the development of a strong navy.
  • The Democratic platform, united behind Parker, called for a reduction in government expenditures, condemned monopolies, pledged an end to government contracts with companies violating antitrust laws, opposed imperialism, insisted on independence for the Philippines, and opposed the protective tariff.

• Silverties Versus Goldbugs

  • William Jennings Bryan, who took over leadership of the Democratic Party in 1896 as well as the Populist and Silver Republican Parties, demanded bimetallism and "Free Silver. " The Republican Party nominated William McKinley on a platform supporting the gold standard which was favored by financial interests on the east coast.
  • The McKinley campaign effectively persuaded voters that the Bryan platform would exacerbate poor economic progress and unemployment.
  • McKinley was elected in 1896.

• The People's Party and the Election of 1896

  • When the Republicans nominated former Ohio Governor William McKinley for president in June 1896 and passed at his request a platform strongly supporting the gold standard, a number of "Silver Republicans" walked out of the convention.
  • He lost to Republican William McKinley by a margin of 600,000 votes, losing again in a 1900 rematch by a larger margin.