Political Quotes

John Sherman: “During and after the war, for many years, any tariff that would produce enough revenue to meet current expenditures and…”

On the record
During and after the war, for many years, any tariff that would produce enough revenue to meet current expenditures and pay the interest of the public debt, would necessarily give ample protection to domestic industries.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman explains how wartime fiscal needs shaped tariff policies to protect domestic industries while generating revenue.

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