Trade Tariffs in The United States
Tariffs, often called customs, were by far the largest source of United States federal revenue from the 1790s to the eve of World War I, when they were surpassed by income taxes.
Read more about this topic: Tariff
Famous quotes containing the words united states, trade, united and/or states:
“On the whole, yes, I would rather be the Chief Justice of the United States, and a quieter life than that which becomes at the White House is more in keeping with the temperament, but when taken into consideration that I go into history as President, and my children and my children’s children are the better placed on account of that fact, I am inclined to think that to be President well compensates one for all the trials and criticisms he has to bear and undergo.”
—William Howard Taft (1857–1930)
“I sincerely hope that the incoming Congress will be alive, as it should be, to the importance of our foreign trade and of encouraging it in every way feasible. The possibility of increasing this trade in the Orient, in the Philippines, and in South America is known to everyone who has given the matter attention.”
—William Howard Taft (1857–1930)
“There was no speculation so promising, or at the same time so praisworthy, as the United Metropolitan Improved Hot Muffin and Crumpet Baking and Punctual Delivery Company.”
—Charles Dickens (1812–1870)
“Nullification ... means insurrection and war; and the other states have a right to put it down.”
—Andrew Jackson (1767–1845)