Mills Bill Tariff Legislation

Author : William McKinley Jr.
Publisher : Forgotten Books
ISBN 13 : 9780484562461
Total Pages : 42 pages
Book Rating : 4.5/5 (624 download)

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Download or read book Mills Bill, Tariff Legislation written by William McKinley Jr. and published by Forgotten Books. This book was released on 2017-12-23 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Mills Bill, Tariff Legislation: Speech of the Hon. William McKinley, Jr., Of Ohio, in the House of Representative, May 18, 1888 Mr. Chairman: Our country is in an anomalous situation. There is nothing resembling it anywhere else in the world. While we are seek ing to find objects to relieve from taxation, in order that we may re lieve an overflowing Treasury, other nations are engaged in exploring the field of human production to find new objects of taxation to supply their insufficient revenues. In considering the situation that thus con fronts us, and the bill that is presented here as intended to relieve it, it is well that we should understand at the beginning the things upon which all are agreed. They are, first, that we are collecting more money than is required for the current needs of the Government; and second, that the excess, whatever it may be, beyond the wants of the Government should be left with the people. Our contention, therefore, is upon the manner of the reduction and not upon the reduction itself; not that no reduction shall or ought to be made, but how and upon what principle can it best be accomplished. We agree, further, that the tax Upon tobacco shall be removed and thus leave with the people $30, 000, 000 which they annually pay upon this domestic product. Were we men of business, governed by the principles which guide practical men of affairs, this burden would have been and could have been removed any time within the past two years, and if removed two years ago no surplus would now vex the Administration or alarm the business of the country. In passing, it is suitable that I should say that Within the period named no hinderance from this side of the House would have been interposed to the abolition of this tax. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.