Political Quotes

Teddy Roosevelt: “What we desire in a tariff is such measure of protection as will equalize the cost of production here and abroad; and as…”

On the record
What we desire in a tariff is such measure of protection as will equalize the cost of production here and abroad; and as the cost of production is mainly labor cost, this means primarily a tariff sufficient to make up for the difference in labor cost here and abroad.
Said by
Teddy Roosevelt
Republican · New York

Editor's note · Context

Roosevelt defines the desired tariff as one that balances production costs domestically and internationally, focusing on labor costs.

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