article

The McKinley Tariff of 1890 was what set the average ad valorem tariff rate for imports to the United States at 48.4%, and protected agriculture. Its chief proponent was Congressman and future President William McKinley. In return for its passage, the Sherman Silver Purchase Act was given Republican support. It raised the prices in the United States under Benjamin Harrison and hurt the common folk, which may have cost him his presidency in the next elections.

1890 in law | United States federal trade legislation

 

This article is licensed under the GNU Free Documentation License. It uses material from the "McKinley Tariff".

Home Pageartsbusinesscomputersgameshealthhospitalshomekids & teensnewsphysiciansrecreationreferenceregionalscienceshoppingsocietysportsworld