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Chapter 20 of 21 · Tariff History of the United States by F.W. Taussig

Appendix, Tables

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Table 1.

Imports, Duties, and Ratio of Duties to Imports, 1860–1907. (From the “Statistical Abstract.”) (00,000 omitted.)

Fiscal Year Ending June 30

Imports Free

Imports Dutiable

Imports Total

Duties Collected

Per cent. of Duties to Dutiable Imports

Per cent. of Duties to Total Imports

1860

68.4

267.9

336.3

52.7

19.67

15.67

1861

67.4

207.2

274.6

39.0

18.84

14.21

1862

49.8

128.5

178.3

46.5

36.19

26.09

1863

30.0

195.3

225.4

63.7

32.62

28.28

1864

38.2

262.9

301.1

96.5

36.69

32.03

1865

40.1

169.6

209.6

80.6

47.56

38.46

1866

57.1

366.3

423.5

177.0

48.93

41.81

1877

17.0

361.1

378.2

168.5

46.67

44.56

1888

15.1

329.7

344.8

160.5

48.63

46.49

1869

21.7

372.7

394.4

176.5

47.22

44.65

1870

20.2

406.1

426.3

191.5

47.08

42.23

1871

40.6

459.6

500.2

202.4

43.95

38.94

1872

47.7

512.7

560.4

212.6

41.35

37.00

1873

178.4

484.7

663.1

184.9

38.07

26.95

1874

151.7

415.7

567.4

160.5

38.53

26.88

1875

146.5

379.8

526.3

154.5

40.62

28.20

1876

140.6

324.0

464.6

145.2

44.74

30.19

1877

140.8

299.0

439.8

128.4

42.89

26.68

1878

141.3

297.1

438.4

127.2

42.75

27.13

1879

142.5

296.7

439.3

133.4

44.87

28.97

1880

208.0

419.5

627.5

182.7

43.48

29.07

1881

202.5

448.1

650.6

193.8

43.20

29.75

1882

210.7

505.5

716.2

216.1

42.66

30.11

1883

206.9

493.9

700.8

210.6

42.45

29.92

1884

211.3

456.3

667.6

190.3

41.61

28.44

1885

192.9

386.7

579.6

178.1

45.86

30.59

1886

211.5

413.8

625.3

189.4

45.55

30.13

1887

233.1

450.3

683.4

214.2

47.10

31.02

1888

244.1

468.1

712.2

216.0

45.63

29.99

1889

256.6

484.8

741.4

220.6

45.13

29.50

1890

266.1

507.6

773.7

226.5

44.41

29.12

1891

388.1

466.4

854.5

216.9

46.28

25.25

1892

458.1

355.5

813.6

174.1

48.71

21.26

1893

444.2

400.3

844.4

199.1

49.58

23.49

1894

379.0

257.6

636.6

129.6

50.06

20.25

1895

376.9

354.3

731.2

149.4

41.75

20.23

1896

368.9

390.8

759.7

157.0

40.18

20.67

1897

381.9

407.3

789.2

172.7

42.41

21.89

1898

291.5

295.6

587.1

145.4

48.80

24.77

1899

299.7

385.8

685.4

202.0

52.07

29.48

1900

366.8

463.8

830.5

229.4

49.24

27.62

1901

339.1

468.7

807.8

233.6

49.64

28.91

1902

396.5

503.2

899.8

251.5

49.78

27.95

1903

437.3

570.7

1,008.0

280.7

49.03

27.85

1904

454.1

527.7

981.8

258.2

48.78

26.30

1905

517.1

570.0

1,087.1

258.4

45.24

23.77

1906

548.7

664.7

1,213.4

293.9

44.16

24.22

1907

641.9

773.4

1,415.4

329.5

42.55

23.28

This table is taken from the “Statistical Abstract of the United States.” The figures given in different editions of the “Statistical Abstract” have not always been consistent. Those given in the table are from the edition of 1891 for the earlier years (1860–8), and from the editions of 1895 and 1907 for the later years. They indicate “net imports,” i.e., imports less reexports, for 1860–66; from 1867 on, they indicate “imports for consumption.” Substantially, these two forms of statement come to nearly the same thing. The significant changes will be easily noted. The sharp rise in the average rate (per cent. of duties to imports) between 1861 and 1865 shows the extent to which the legislation of the war affected the general character of the tariff system. The average rate on dutiable articles, after reaching its war maximum in 1866, declines somewhat for a few years thereafter. From 1872 to 1875, there is a further fall, in consequence of the ten per cent. reduction of 1872; after 1875 the rate goes up again, and then remains fairly steady until 1883. The act of 1883 brings a distinct rise in the average rate on dutiable articles; the act of 1890 a still further rise, bringing in 1894 the maximum for the whole period (50.06 per cent.). The abrupt increase in the free imports in 1873 is the result of the abolition of the tea and coffee duties in 1872, which causes also the fall in the average per cent. of the duties collected as compared with the total imports. The abolition of the sugar duty in 1890 brings a similar abrupt increase of the free imports in 1891 and 1892, and a similar fall in the ratio of duties collected to total imports. The act of 1894 brings a distinct lowering of the average rate of duty; that of 1897 raises the average to the figures that had prevailed under the acts of 1883 and 1890.

Table 2.

Duties on Some Important Articles, Raised during the War, and Retained without Reduction till 1883.

Articles

Duty under the Morrill Tariff of 1861.

Duty of 1864, in Force in 1883.

Books

15%

25%

Chinaware, plain

30%

45%

Cotton goods, not otherwise provided for

30%

35%

Cottons, coarse, unbleached

1 ct. per yard.

5 cts. per yard.

Cotton spool-thread

30%

6 cts. per dozen, plus 30% (= 60 to70%)

Cottons, fine printed

4½ cts. per square yard plus 10%

5½ cts. per square yard plus 20%

Manufactures of flax, jute, or hemp, not otherwise provided for

30%

40%

Glass, common window

1 to 1½ cts. per square foot

¾ to 4 cts. per square foot.

Gloves, of kid or leather

30%

50%

Bar-iron*

¾ ct. per ton

1 to 1½ cts. per lb.

Iron rails

$12 per ton

$14 per ton

Steel, in ingots, bars, etc.

1½ to 2 cts. per lb.

2 ¼ to 3½ cts. per lb.

Pig lead

1 ct. per lb.

2 cts. per lb.

Paper

30%

35%

Silks

30%

60%

* On all forms of bar-iron, band-, hoop-, and boiler-iron, on chains, anchors, nails and spikes, pipes, etc., etc., the duties of 1864 were in force till 1883.

Table 3.

Revenue from Customs Duties and Internal Revenue, 1861–1907. (00,000 omitted.)

Year

Internal Revenue

Customs Revenue

1861

None.

39.6

1862

None.

49.1

1863

37.6

69.1

1864

109.7

102.3

1865

209.5

84.9

1866

309.2

179.0

1867

266.0

176.4

1868

191.1

164.5

1869

158.4

180.0

1870

184.9

194.5

1871

143.1

206.3

1872

130.6

216.4

1873

113.7

188.1

1874

102.4

163.1

1875

110.0

157.2

1876

116.7

148.1

1877

118.6

131.0

1878

110.6

130.2

1879

113.6

137.2

1880

124.0

186.5

1881

135.3

198.2

1882

146.5

220.4

1883

144.7

214.7

1884

121.6

195.1

1885

112.5

181.5

1886

116.8

192.9

1887

118.8

217.3

1888

124.3

219.1

1889

130.9

223.8

1890

142.6

229.7

1891

145.7

219.5

1892

154.0

177.5

1893

116.0

203.4

1894

147.1

131.8

1895

143.4

152.2

1896

146.8

160.0

1897

146.7

176.6

1898

170.9

149.6

1899

273.4

206.1

1900

295.3

233.2

1901

307.2

238.6

1902

271.9

254.4

1903

230.8

284.5

1904

232.9

261.3

1905

234.1

261.8

1906

249.1

300.2

1907

269.7

332.2

Table 4.

Production, Imports, and Exports of Copper, and Foreign and Domestic Prices (Quantities in gross tons.)

Year

Domestic Production

Imports Copper in Pigs

Imports Copper Ore

Exports

Price per lb. in cts. New York Lake Copper

Price per lb. in cts. London Chili Bars

Difference in Price

1875

18,000

415

2,300

2,280

23.0

18.0

5.0

1876

19,000

777

910

6,430

21.5

16.5

5.0

1877

21,000

750

15

6,050

19.0

14.6

4.4

1878

21,500

165

399

5,040

16.5

13.5

3.0

1879

23,000

70

100

7,680

17.5

12.2

5.3

1880

27,000

2,350

2,000

1,880

20.0

13.5

6.5

1881

32,000

320

4,420

2,160

18.5

13.3

5.2

1882

41,000

334

8,190

1,490

18.7

14.4

4.3

1883

52,000

148

500*

3,890

16.1

13.7

2.4

1884

63,500

65

980

7,610

13.7

11.8

1.9

1885

74,000

35

1,630

19,900

11

9.5

1.5

1886

70,000

18

1,840

10,850

11

8.8

2.2

* Beginning with 1883, this column states the quantity of copper contained in imported ore, not the gross amount of ore. The 8,190 tons of ore imported in 1882 contained about 600 tons of copper.

Figures are from “Mineral Resources of the United States,” pp. 214, et seq. The production is for the calendar year, the imports and exports for the fiscal year (ending June 30th). The annual average prices are from the monthly prices given in “Mineral Resources.” The figures given in “Mineral Resources” seem to contain considerable understatements, so far as exports are concerned. See Eng. and Min. Journal, Jan. 26, 1884, p. 59.

These tables show the price in New York to have been higher than that in London by from 1½ to 5½ cents. In recent years the great increase in domestic production has forced down the price here, and the difference in price is not more than 1½ cents. The better quality of domestic Lake copper would cause it to bring 1½ cents more than Chili bars under any circumstances. Cost of transportation (from London to Now York) is insignificant. It is safe to say that any difference in price over and above 1½ cents per pound could not exist if it were not for the duty on copper.

Table 5.

Production, Imports, and Foreign and Domestic Prices of Steel Rails.

Year.

Product in U.S., Gross Tons.

Imports, Gross Tons.

Average Price in U.S.

Average Price in England.

Average Excess of American Price.

Duty.

1871

34,100

505,500

$91.70

$57.70

$34.00

$28.00

1872

84,000

474,000

$99.70

$67.30

$32.40

$25.20

Aug. ’72

1873

115,200

231,000

$95.90

$74.40

$21.50

$25.20

1874

129,400

96,700

$84.70

$57.50

$27.20

$25.20

Mar. ’75

1875

259,700

17,400

$59.70

$44.10

$15.60

$28.00

Mar. ’75

1876

368,300

$53.10

$37.70

$15.40

$28.00

1877

385,900

$43.50

$31.90

$11.60

$28.00

1878

499,800

$41.70

$27.20

$14.50

$28.00

1879

618,800

39,400

$48.20

$24.70

$23.50

$28.00

1880

864,300

259,500

$67.50

$36.00

$31.50

$28.00

1881

1,210,300

344,900

$61.10

$31.20

$29.90

$28.00

1882

1,304,400

200,000

$48.50

$30.00

$18.50

$28.00

July ’83

1883

1,156,900

34,800

$37.75

$25.40

$12.35

$17.00

July ’83

1884

999,400

2,800

$30.75

$22.90

$7.85

$17.00

1885

963,700

2,200

$28.50

$23.65

$4.85

$17.00

1886

1,579,400

41,600

$34.50

$20.65

$13.85

$17.00

1887

2,119,000

137,800

$37.10

$20.65

$16.45

$17.00

1888

1,391,000

63,000

$29.80

$19.20

$10.60

$17.00

1889

1,531,000

6,200

$29.25

$24.15

$5.10

$17.00

Oct. ’90

1890

1,871,400

$31.75

$27.30

$4.45

$13.44

Oct. ’90

1891

1,298,900

$30.00

$22.00

$8.00

$13.44

1892

1,541,400

$30.00

$20.00

$10.00

$13.44

1893

1,130,400

2,900

$28.00

$18.50

$9.50

$13.44

Aug. ’94

1894

1,017,100

$24.00

$17.50

$6.50

$7.84

Aug. ’94

1895

1,300,300

1,400

$24.00

$20.00

$4.00

$7.84

1896

1,117,600

7,800

$28.00

$21.00

$7.00

$7.84

1897

1,630,000

$19.60

$21.00

–$1.40

$7.84

1898

1,977,900

$17.60

$23.50

$5.90

$7.84

1899

2,271,100

2,000

$28.10

$26.80

$1.30

$7.84

1900

2,385,000

1,500

$32.30

$36.00

–$3.70

$7.84

1901

2,872,900

1,900

$27.30

$29.50

–$2.20

$7.84

1902

2,941,300

63,500

$28.00

$27.40

$0.60

$7.84

1903

2,991,800

95,500

$28.00

$28.00

$0.00

$7.84

1904

2,283,800

37,700

$28.00

$22.50

$5.50

$7.84

1905

3,375,600

17,300

$28.00

$28.80

–$0.80

$7.84

1906

3,977,800

5,000

$28.00

$31.20

–$3.20

$7.84

1907

3,632,700

4,000

$28.00

$32.00

–$4.00

$7.84

1908

1,921,500

1,700

$28.00

$29.10

–$1.10

$7.84

Aug. ’09

The figures for production and importation are from the Reports of the American Iron and Steel Association. The American prices are from the same source, but have been reduced to a gold basis for the years 1871–78. The English prices have been secured partly from occasional tables given in the Iron and Steel Association reports, partly from English sources. The American prices are those for rails at the mills, in Pennsylvania; the English are for rails free on board. Prices by yearly averages can indicate only the general fluctuations; but they suffice for purposes of comparison. Where the imports are less than 1000 tons in any one year, they have been omitted. Since 1888 the imports have been sporadic, and signify little.

Cost of transportation from England to the United States has been usually somewhere between two and four dollars a ton. But sometimes it has been considerably less than two dollars; and carriage by water from England to places on the seashore in the United States has not infrequently been cheaper than carriage by land from the American rail-mills to such places.

It will be observed that there were three periods of active railway building and of heavy imports of rails: 1871–74, 1879–82, 1886–88. During these years or parts of them, prices of rails in the United States were higher than those in England by the full amount of the duty for the time being. In most other years they were higher, but by an amount less than the duty, and imports ceased, except for sporadic shipments of special sizes or kinds. In the later years, the American prices came nearer and nearer the English prices. In 1897, prices fell abruptly in the first two months of the year, in consequence of a “steel-rail war,” marking the breaking up of the combination which had so long kept prices up. After that year, prices were no higher in the United States than in England. Exports were considerable, much exceeding the imports.

Tariff History of the United States

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