Making the Tariff in the United States

Making the Tariff in the United States

Making the Tariff in the United States

Making the Tariff in the United States

Excerpt

In the preface to a publication of the Institute of Economics on "Sugar in Relation to the Tariff " it was declared to be the intention of the Institute to present ultimately an analysis and constructive criticism of the American tariff system as a whole. The present volume is a step toward the fulfilment of that intention.

The reconmmendations contained in the volume relate to procedure in legislating and not to policy. The means suggested for improving the method of making the tariff law, however, is identical with the means necessary for perfecting tariff policy. That means consists in assembling and interpreting the facts of trade and industry. Commercial and industrial information which will show whether a tariff law is in accord with tariff policy can not fail also to show whether that policy is in accord with the needs of the country. It is believed, therefore, that the adoption of the recommendations would lead in time both to a greater stability of tariff policy and to a closer adjustment of the policy to the national welfare.

It should be added that the manuscript of the volume was completed and in the hands of the publishers previous to the meetings of the party conventions in June, 1924.

H. G. MOULTON,
Director.

INSTITUTE OF ECONOMICS,
WASHINGTON, D. C.,
August, 1924.

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