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" In all tariff legislation the true principle of protection is best maintained by the imposition of such duties as will equal the difference between the cost of production at home and abroad, together with a reasonable profit to American industries. "
Tariff Hearings Before the Committee on Ways and Means of the House of ... - Página 5946
por United States. Congress. House. Committee on Ways and Means - 1909 - 513 páginas
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The World Trading System: Administered protection

Robert Howse, Petrus van Bork - 1998 - 496 páginas
...any protective legislation the true principle of protection is best maintained by the imposition of such duties as will equal the difference between the...together with a reasonable profit to American industries. (quoted in Taussig 1931, 363) The second of these is the 1908 US Republican party platform statement...
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The History of American Customs Jurisprudence

William Harrison Futrell - 1998 - 314 páginas
...contemplated tariff revision: "The true principle of protection is best maintained by the imposition of such duties as will equal the difference between the...production at home and abroad, together with a reasonable degree of profit." President Taft, during the campaign, had promised tariff revision downward, and...
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The International Economy

Peter B. Kenen, Peter Bain Kenen - 2000 - 610 páginas
...true principle of protection is best maintained by the imposition of such duties as would equalize the difference between the cost of production at home and abroad, together with a reasonable degree of profit. This formula looked rather reasonable, and it was reflected in the Payne-Aldrich...
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Financial History of the United States

Paul Studenski, Herman Edward Krooss - 2003 - 544 páginas
...all protective legislation the true principle of protection is best maintained by the imposition of such duties as will equal the difference between the...with a reasonable profit to American industries." After the election of 1908, Congressman Payne, interpreting the "true principle" to mean lower tariffs,...
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Congress, Progressive Reform, and the New American State

Robert Harrison - 2004 - 293 páginas
...maintain "a reasonable American level of prices." The duty on each product, therefore, should "measure the difference between the cost of production at home and abroad together with a fair manufacturer's profit."64 But this was still a problematic formula. Costs varied from firm to...
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A Compilation of the Messages and Papers of the Presidents, 1789-1922, Volumen15

United States. President - 1917
...platform declared its aim and purpose to be to maintain a protective tariff by " the imposition of such duties as will equal the difference between the...with a reasonable profit to American industries." I have always regarded this language a^ fixing the proper measure of protection at the ascertained...
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Robert A. Taft: Ideas, Tradition, and Party in U.S. Foreign Policy

Clarence E. Wunderlin - 2005 - 243 páginas
...Hoover. William Howard Taft had espoused a "true principle of protection" that advocated "imposition of such duties as will equal the difference between the...with a reasonable profit to American industries." 9 It fell to Herbert Hoover to elaborate fully the Republican Party's modern neomercantilist commercial...
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Fairness in the World Economy: US Perspectives on International Trade Relations

Americo Beviglia Zampetti - 2006 - 230 páginas
...all protective legislation the true principle of protection is best maintained by the imposition of such duties as will equal the difference between the...abroad, together with a reasonable profit to American industries'.56 Such an approach ensured that US goods would be generally cheaper than foreign goods,...
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