One of the most prominent authorities on tariff issues impacting the United States at the turn of the 20th century and a founder of 20th-century trade theory here collects papers essential for anyone wishing to understand the foundations of international trade in the modern world. In one volume, you'll find. . Hamilton's Report on Manufactures (1791) . Gallatin's Memorial of the Free Trade Convention (1831) . Walker's Treasury Report of 1845 . Clay's Speech on the Tariff of 1824 . Webster's Speech on the Tariff of 1824 American economist FRANK WILLIAM TAUSSIG (1859-1940) was professor of political economy at Harvard University, longtime editor of the Quarterly Journal of Economics, and an advisor to U.S. president Woodrow Wilson during World War II. He is also the author of The Tariff History of the United States (1888), the two-volume Principles of Economics (1911), and International Trade (1927).

Excerpt from State Papers and Speeches on the Tariff During this period he was busy with the numberless questions of legislation and administration which confronted the newly organized federal government. Considering the conditions under which he thus wrote, and the stage which economic theory had reached in his time, the report is a great intellectual feat. The marshaling of the opposing arguments, the tireless examination of every aspect of the question, the careful investigation of the facts of industry and trade, the specific recommendations and conclusions at the close, all bear the stamp of Hamilton's peculiar and powerful intellect There are repetitions, and some obvious inconsistencies in arrangement; some parts are obsolete, referring to arguments or industrial conditions which now belong to the past; but the report remains the strongest presentation of the case for protection which has been made by any American statesman. Hamilton's report is printed in the various editions of his works, and in the "State Papers on Finance," as well as in the Congressional Documents; but nevertheless it can hardly be said to be easy of access to the ordinary reader. The second paper, Gallatin's "Memorial of the Free Trade Convention," was prepared under very different circumstances. In 1831, when the early protective controversy was at its height, a convention of the friends of free trade was held in Philadelphia. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.