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The Dingley Tariff was a U.S. law enacted in 1897 that raised tariffs on imported goods to protect American industries and promote domestic economic growth. This legislation followed the Wilson-Gorman Tariff and was designed to counteract the perceived negative effects of lower tariffs, making it one of the highest tariff rates in American history.
The Dingley Act of 1897 (ch. 11, 30 Stat. 151, July 24, 1897), introduced by U.S. Representative Nelson Dingley Jr., of Maine, raised tariffs in United States to counteract the Wilson–Gorman Tariff Act of 1894, which had lowered rates.
The Dingley Tariff was the highest protective tariff in U.S. history. The legislation's effect was to raise the cost of living by nearly 25 percent between 1897 and 1907. The cost of living was mitigated only by an influx of gold from the Klondike ( Yukon Territory , Canada ), which helped end a four-year economic depression and begin a decade ...
Dingley Tariff of 1897 By Lewis L. Gould* The Dingley Tariff of 1897 was the first major legislative achievement of the administration of President William McKinley. In effect for a dozen years, until the Payne Aldrich Tariff of 1909 replaced it, the Dingley Act became a citadel for Republican protectionists and a target both for tariff
18 wrz 2024 · The Dingley Tariff of 1897 stands as a stark example of the far-reaching consequences of protectionist policies. Enacted during President William McKinley’s term, the Dingley Tariff imposed some of the highest duties in U.S. history, averaging a staggering 57% on imported goods.
The Dingley Act of 1897 (ch. 11, 30 Stat. 151, July 24, 1897), introduced by U.S. Representative Nelson Dingley Jr., of Maine, raised tariffs in United States to counteract the Wilson–Gorman Tariff Act of 1894, which had lowered rates.
From the Civil War up to the Smoot-Hawley tariff of 1930, Congress retained exclusive authority over U.S. tariffs, which for the most part consisted of a single-column schedule of nonnegotiable, nondiscriminatory import duties.
