Horizontal Tariff Bill
HORIZONTAL TARIFF BILL
HORIZONTAL TARIFF BILL, a federal tariff law, effective 1 May 1872, that cut protective duties by 10 percent. Another act admitted tea and coffee free. The bill was a compromise that allowed protectionists to prevent more drastic cuts in protective duties. The reduction was repealed in 1875 to meet an alleged need for more revenue.
Goldstein, Judith. Ideas, Interests, and American Trade Policy. Ithaca, N.Y.: Cornell University Press, 1993.
James D.Magee/a. r.
"Horizontal Tariff Bill." Dictionary of American History. . Encyclopedia.com. (October 17, 2018). http://www.encyclopedia.com/history/dictionaries-thesauruses-pictures-and-press-releases/horizontal-tariff-bill
"Horizontal Tariff Bill." Dictionary of American History. . Retrieved October 17, 2018 from Encyclopedia.com: http://www.encyclopedia.com/history/dictionaries-thesauruses-pictures-and-press-releases/horizontal-tariff-bill