Compare the dingley tariff to the wilson-gorman act

History

1 answer:

Veseljchak [2.6K]3 years ago

3 0

Answer:

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. ... Over the life of the tariff, the rate averaged at around 47%.

Explanation:

The bill came into effect under William McKinley the first year that he was in office. The McKinley administration wanted to bring back the protectionism slowly that was proposed by the Tariff of 1890.

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