Tariffs in United States History - Tariffs and Political Parties

Tariffs and Political Parties

The tariff issue was central to political party debates in the Second Party System, Third Party System and Fourth Party System, from the 1820s to the early 1930s. In general Democrats favored a tariff that would pay the cost of government, but no higher. Whigs and Republicans favored higher tariffs to encourage or "protect" industry and industrial workers. Tariffs were generally low before 1860, and high after that. Since the 1930s, however, tariffs have been very low and have been much less a matter of partisan debate.

Read more about this topic:  Tariffs In United States History

Famous quotes containing the words political and/or parties:

    I have ever deemed it fundamental for the United States never to take active part in the quarrels of Europe. Their political interests are entirely distinct from ours. Their mutual jealousies, their balance of power, their complicated alliances, their forms and principles of government, are all foreign to us. They are nations of eternal war.
    Thomas Jefferson (1743–1826)

    she cannot understand
    What she wants or why she wanders to that undiscovered land,
    For the parties there are not at all the sort of thing she planned,
    In the land where the dead dreams go.
    Alfred Noyes (1880–1958)