Tariff
a list or table of goods with the duties or customs to which they are liable, either on exportation or importation; a list or table of duties or customs to be paid on goods imported or exported, whether such duties are imposed by the government of a country or are agreed on between the governments of two countries having commerce with each other. The scale of duties depends on the supply and demand of goods, the interests and wants of the community, etc., and is therefore constantly changing.
The tariff legislation of the United States has been constantly fluctuating, and has grown yearly in importance as a question of foreign policy. The most noted tariff bill ever passed by Congress a TARKINGTON was that taking its name from the then chairman of the Committee on Ways and Means, the late President McKinley.
This tariff imposed high duties on imports, some specific ports, some specific and others ad varepealed in 1894 by the passage of the Wilson bill, which became a law by the refusal of President Cleveland to sign or veto it. On the tariff question the nation has generally been pretty evenly divided, or with but a in favor of a high protective duty. Of former tariff measures that proposed in 1833 by Henry Clay, of Kentucky, and known as the compromise tariff, occupies the most Though Great Britain is now regarded prominent place in American history. as a free-trade country, yet on her tariff are listed 19 articles of import, from 20 per cent. of her total revenue. which she derives an average of about British tariff is based not on an ad vatax, but depends entirely on a specific import, t, in some cases modified by a range of price between the highest and lowest figures, which it sets for an article. Thus for spirits worth a certain amount per gallon, the tax is so much higher grade (according to price per gal- per barrel, while for spirits of the next lon) a higher duty per barrel is collected. barrel, while spirits of the next BOOTH TARKINGTON an American author and playwright;