Get It Now Speech Of Hon. J. Hart Brewer, Of New Jersey: In The House Of Representatives, Tuesday, May 6, 1884 (Classic Reprint) Authored By John Hart Brewer Accessible Via Text

on Speech of Hon. J. Hart Brewer, of New Jersey: In the House of Representatives, Tuesday, May 6, 1884 (Classic Reprint)

from Speech of Hon, J. Hart Brewer, of New Jersey: In the House of Representatives, Tuesday, May,

The freetraders point to the destructive effect of the war tariff of, which unduly stimulated and then inevitably depressed the coun try.
They assume this to be a pregnant illustration of the truth, other wise logically deduced by them, as to the reaction sure to follow an arti ficial stimulus given to any department of trade.
The protectionists declining to defend the war duties as applicable to a normal condition, find in the too sudden dropping of war rates the mistake which precipi tated the country into financial trouble.
Depression, they say, would naturally have come but it was hastened and increased by the mcon siderate manner in which the duties were lowered, From that time onward the protectionists claim that the experience of the country has favored their theories of revenue and financial administration, The country did not revive or prosperity reappear until the protective tariff ofwas enacted, The awakening of all branches of industry by that act was further promoted by the tariff of, to which the protection ists point as the perfected wisdom of their school.
Mr. Clay publicly asserted
Get It Now Speech Of Hon. J. Hart Brewer, Of New Jersey: In The House Of Representatives, Tuesday, May 6, 1884 (Classic Reprint) Authored By John Hart Brewer Accessible Via Text
that the severest depression he had witnessed in the country was during the seven years preceding the tariff of, and that the highest prosperity was during the seven years following that act.


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