On the record
The main purpose is to secure the revenue from foreigners seeking our market to dispose of their products.
Source
gutenberg.orgJohn Sherman: “The main purpose is to secure the revenue from foreigners seeking our market to dispose of their products.”
Editor's note · Context
Sherman states that the primary goal of tariffs is to generate revenue from foreign goods.
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More from John Sherman
Our family of states is already large enough to create embarrassment in the Senate, and a republic should not hold dependent provinces or possessions.
The events of the future are beyond the vision of mankind, but I hope our people will be content with internal growth, and avoid the complications of foreign acquisitions.
If my life is prolonged I will do all I can to add to the strength and prosperity of the United States, but nothing to extend its limits or to add new dangers by acquisition of foreign territory.
The Union already embraces discordant elements enough without adding others.
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