Today was a banner day for protectionists and industrialists alike, as Congress passed the Morrill Tariff Act, which hiked duties on imports to an average rate of 47 percent. The legislation was also another victory for Congressman Justin Morrill, who, starting in 1861, had drafted a series of tariffs designed to protect U.S.
Posts Tagged ‘Banner Day’
This Day in Wall Street History 1869 : Congress passes Morrill’s Tarif
February 24th, 2010
Before You Invest
Posted in Finance Fraud
Tags: 1861, American Manufacturers, Banner Day, Congressman, Historians, Import Goods, Industrialists, International Competition, Justin Morrill, Lawmakers, Morrill Act, Morrill Tariff Act, Pocketbooks, Raw Materials, Rivals, Source History, Specter, Tariff Law, Tariffs, Wall Street History
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February 24th, 2009
Before You Invest February 24, 1869, was a banner day for protectionists and industrialists alike, as Congress passed the Morrill Tariff Act, which hiked duties on imports to an average rate of 47 percent. The legislation was also another victory for Congressman Justin Morrill, who, starting in 1861, had drafted a series of tariffs designed to protect U.S.
Posted in Finance Fraud
Tags: 1861, American Manufacturers, Banner Day, Congressman, Historians, Import Goods, Industrialists, International Competition, Justin Morrill, Lawmakers, Morrill Act, Morrill Tariff Act, Pocketbooks, Raw Materials, Rivals, Specter, Tariff Law, Tariffs, Wall Street, Wall Street History
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