Rensselaer Republican, Volume 24, Number 45, Rensselaer, Jasper County, 7 July 1892 — How Is the Tariff a Tax ? [ARTICLE]

How Is the Tariff a Tax ?

The editorial department of an afternoon newspaper, while sauntering about in its private capacity, was asked a few questions about the tariff. “Oh,” remarked the department, with an oracular wafture of the hand, “the tariff is a tafcff -- - -1: “Yes,” said the inquirer, greatly subdued by the dread profundity of the answer; “I—l—have sometimes heard it referred to in the way, but I really cannot understand it to be so.” The editorial -department looked its most pitiful pity. “What bothers me,” said the questioner, “is wire nails. When the tariff was put on wire nails they were selling at eight cents a pound.” “That made them twelve cents a pound.” “Now, that’s what troubles me. Under that tariff wire nails are now selling at 2$ cents a pound. How is the tariff a tax in that case?”—lndianapolis Journal.