...should be collected than is necessary for the wants of the Government, economically administered. 3d. That no duty be imposed on any article above the lowest...discrimination may be made, descending in the scale of duties, &c., &e. 4th. That the maximum revenue duty should be imposed on luxu5th. That all mini mums and all...

...terrors vaguely insinuated on page 4. We pass, then, to the next of Mr. Walker's " principles," vi/. " 2d. That no duty be imposed on any article above the...rate which will yield the largest amount of revenue." The principle here enunciated strike« directly and palpably at the ront of all Protection, unless...

...do not produce similar articles. The second maxim laid down by the Secretary in his report, is — " That no duty be imposed on any article above the lowest...rate which will yield the largest amount of revenue." This is an important maxim, theoretically sound, though it cannot be practically carried out in its...

...interests, in any trade or calling which he may select. The assumption of Mr. Walker is, in his own words, " That no duty be imposed on any article above the lowest...rate which will yield the largest amount of revenue." So that if any article is not imported, no matter at what imposed duty, in the largest quantities,...

...economically administered." Against this principle we have nothing to offer. The second principle is, " That no duty be imposed on any article above the lowest rate, which will yield the largest amount of duty." Against this principle we enter our most solemn protest, as calculated to uproot and overturn...

...are as follows : — " let. That no more money should be collected than is necessary for the wani-; of the government, economically administered. " 2d....imposed on any article above the lowest rate which wfll yield the largest amount of revenue. " 3d. That, below such rate, discrimination may be made,...

...the wants of the government, economically administered. 2nd. That no duty be imposed on any articles above the lowest rate which will yield the largest amount of revenue. 3rd. That, below such rate, discrimination may be made, descending in the scale of duties ; or, for...

...above the lowest rate which would yield the most revenue. 3d. Below such rate, discrimination might be made, descending in the scale of duties ; or, for imperative reasons, the article might be made free from duty. 4th. The maximum revenue duty should be imposed on luxuries. 5th. Minimums...

...discriminated for revenue against protection. The Secretary said : " No duty should be imposed upon any article above the lowest rate which will yield the largest amount of revenue." " A partial and a total prohibition are alike in violation of the taxing power." What was • protection...

...reforming existing tariff laws legislation should be based upon these principles : 1. That no duty should be imposed on any article above the lowest rate which will yield the largest amount of revenue. 2. That the maximum revenue duty should be imposed on luxuries ; and 3. That the duty should be so...