Question

Why was reducing the tariff Important to Cleveland during his first presidential term? A. High tariffs contributed to the federal deficit. B. A lower tariff could reduce the costs of goods and services to consumers. C.The Civil War law that called for tariffs had expired, D. Businesses wanted to see the tariff lowered to increase profits. E. Low tariffs contributed to the federal deficit.

Answer 1

Lower tariffs would reduce the cost of goods and services to consumers.

Explanation:

Cleveland opposed that the infliction of higher tariffs which was penalizing for the consumers and farmers because it was the factor for the increase in price of the basic commodities and the high tariffs enabled the government to gain huge surplus in the treasury which embarrassed Governor Cleveland.

He felt that a change was needed which would save the interests of the common man in the nation. Congress was against this decision. Cleveland pointed out that the government vaults were full which locked the liquidity of cash in the economy.