5 per cent revenue tariff
prevents the industry from developing more affordable public courses.
If a tariff's primary purpose is to generate tax revenue for a country, it is a revenue tariff.
A protective tariff generally is levied at a higher rate than is a revenue tariff.
A country generally levies a revenue tariff at a lower rate than a protective tariff.
With the passage of the Confederate revenue tariff of 15 percent the following summer--significantly lower than U.
Confederate Virginians, however, realized that a revenue tariff, however low, would offer important incidental protection for a wide range of goods.
This paper intends to show that growth will not necessarily increase the tariff revenue of a country, assuming that the country always imposes a maximum revenue tariff.
In other words, this paper intends to find out if the tariff revenue of a country will always increase after growth if the country always imposes a maximum revenue tariff (2).
Research findings that show significant gains in manufacturing activity before 1880 are consistent with a belief that the revenue tariff, struck at various levels from 15 to 17.
Nowhere is this more evident than in his careful teasing out of Conservative and Liberal party positions on the tariff: on the one hand, the Conservatives were hesitant to embrace protectionism as long as renewal of reciprocity was still possible (and preferable to many) but responded quickly when the protectionist fever mounted; the Liberals, on the other hand, tried to steer cautiously (but unsuccessfully) among free trade, reciprocity, revenue tariffs, and selective "incidental protection.
tariffs were unconstitutional; only revenue tariffs
were constitutionally sanctioned.
But as I have argued ("The Myth of Free Trade Britain and Fortress France: Tariffs and Trade in the Nineteenth Century," Journal of Economic History 51 [March 1991]: 23-46) and subsequent research has revealed, the distinction between revenue tariffs
and protective tariffs is not easy to make.