Chapter 20 of 21 · Tariff History of the United States by F.W. Taussig
Appendix, Tables
| Table 1. | ||||||
Imports, Duties, and Ratio of Duties to Imports, 1860–1907. (From the “Statistical Abstract.”) (00,000 omitted.) | ||||||
Fiscal Year Ending June 30 |
Imports Free |
Imports Dutiable |
Imports Total |
Duties Collected |
Per cent. of Duties to Dutiable Imports |
Per cent. of Duties to Total Imports |
1860 |
68.4 |
267.9 |
336.3 |
52.7 |
19.67 |
15.67 |
1861 |
67.4 |
207.2 |
274.6 |
39.0 |
18.84 |
14.21 |
1862 |
49.8 |
128.5 |
178.3 |
46.5 |
36.19 |
26.09 |
1863 |
30.0 |
195.3 |
225.4 |
63.7 |
32.62 |
28.28 |
1864 |
38.2 |
262.9 |
301.1 |
96.5 |
36.69 |
32.03 |
1865 |
40.1 |
169.6 |
209.6 |
80.6 |
47.56 |
38.46 |
1866 |
57.1 |
366.3 |
423.5 |
177.0 |
48.93 |
41.81 |
1877 |
17.0 |
361.1 |
378.2 |
168.5 |
46.67 |
44.56 |
1888 |
15.1 |
329.7 |
344.8 |
160.5 |
48.63 |
46.49 |
1869 |
21.7 |
372.7 |
394.4 |
176.5 |
47.22 |
44.65 |
1870 |
20.2 |
406.1 |
426.3 |
191.5 |
47.08 |
42.23 |
1871 |
40.6 |
459.6 |
500.2 |
202.4 |
43.95 |
38.94 |
1872 |
47.7 |
512.7 |
560.4 |
212.6 |
41.35 |
37.00 |
1873 |
178.4 |
484.7 |
663.1 |
184.9 |
38.07 |
26.95 |
1874 |
151.7 |
415.7 |
567.4 |
160.5 |
38.53 |
26.88 |
1875 |
146.5 |
379.8 |
526.3 |
154.5 |
40.62 |
28.20 |
1876 |
140.6 |
324.0 |
464.6 |
145.2 |
44.74 |
30.19 |
1877 |
140.8 |
299.0 |
439.8 |
128.4 |
42.89 |
26.68 |
1878 |
141.3 |
297.1 |
438.4 |
127.2 |
42.75 |
27.13 |
1879 |
142.5 |
296.7 |
439.3 |
133.4 |
44.87 |
28.97 |
1880 |
208.0 |
419.5 |
627.5 |
182.7 |
43.48 |
29.07 |
1881 |
202.5 |
448.1 |
650.6 |
193.8 |
43.20 |
29.75 |
1882 |
210.7 |
505.5 |
716.2 |
216.1 |
42.66 |
30.11 |
1883 |
206.9 |
493.9 |
700.8 |
210.6 |
42.45 |
29.92 |
1884 |
211.3 |
456.3 |
667.6 |
190.3 |
41.61 |
28.44 |
1885 |
192.9 |
386.7 |
579.6 |
178.1 |
45.86 |
30.59 |
1886 |
211.5 |
413.8 |
625.3 |
189.4 |
45.55 |
30.13 |
1887 |
233.1 |
450.3 |
683.4 |
214.2 |
47.10 |
31.02 |
1888 |
244.1 |
468.1 |
712.2 |
216.0 |
45.63 |
29.99 |
1889 |
256.6 |
484.8 |
741.4 |
220.6 |
45.13 |
29.50 |
1890 |
266.1 |
507.6 |
773.7 |
226.5 |
44.41 |
29.12 |
1891 |
388.1 |
466.4 |
854.5 |
216.9 |
46.28 |
25.25 |
1892 |
458.1 |
355.5 |
813.6 |
174.1 |
48.71 |
21.26 |
1893 |
444.2 |
400.3 |
844.4 |
199.1 |
49.58 |
23.49 |
1894 |
379.0 |
257.6 |
636.6 |
129.6 |
50.06 |
20.25 |
1895 |
376.9 |
354.3 |
731.2 |
149.4 |
41.75 |
20.23 |
1896 |
368.9 |
390.8 |
759.7 |
157.0 |
40.18 |
20.67 |
1897 |
381.9 |
407.3 |
789.2 |
172.7 |
42.41 |
21.89 |
1898 |
291.5 |
295.6 |
587.1 |
145.4 |
48.80 |
24.77 |
1899 |
299.7 |
385.8 |
685.4 |
202.0 |
52.07 |
29.48 |
1900 |
366.8 |
463.8 |
830.5 |
229.4 |
49.24 |
27.62 |
1901 |
339.1 |
468.7 |
807.8 |
233.6 |
49.64 |
28.91 |
1902 |
396.5 |
503.2 |
899.8 |
251.5 |
49.78 |
27.95 |
1903 |
437.3 |
570.7 |
1,008.0 |
280.7 |
49.03 |
27.85 |
1904 |
454.1 |
527.7 |
981.8 |
258.2 |
48.78 |
26.30 |
1905 |
517.1 |
570.0 |
1,087.1 |
258.4 |
45.24 |
23.77 |
1906 |
548.7 |
664.7 |
1,213.4 |
293.9 |
44.16 |
24.22 |
1907 |
641.9 |
773.4 |
1,415.4 |
329.5 |
42.55 |
23.28 |
This table is taken from the “Statistical Abstract of the United States.” The figures given in different editions of the “Statistical Abstract” have not always been consistent. Those given in the table are from the edition of 1891 for the earlier years (1860–8), and from the editions of 1895 and 1907 for the later years. They indicate “net imports,” i.e., imports less reexports, for 1860–66; from 1867 on, they indicate “imports for consumption.” Substantially, these two forms of statement come to nearly the same thing. The significant changes will be easily noted. The sharp rise in the average rate (per cent. of duties to imports) between 1861 and 1865 shows the extent to which the legislation of the war affected the general character of the tariff system. The average rate on dutiable articles, after reaching its war maximum in 1866, declines somewhat for a few years thereafter. From 1872 to 1875, there is a further fall, in consequence of the ten per cent. reduction of 1872; after 1875 the rate goes up again, and then remains fairly steady until 1883. The act of 1883 brings a distinct rise in the average rate on dutiable articles; the act of 1890 a still further rise, bringing in 1894 the maximum for the whole period (50.06 per cent.). The abrupt increase in the free imports in 1873 is the result of the abolition of the tea and coffee duties in 1872, which causes also the fall in the average per cent. of the duties collected as compared with the total imports. The abolition of the sugar duty in 1890 brings a similar abrupt increase of the free imports in 1891 and 1892, and a similar fall in the ratio of duties collected to total imports. The act of 1894 brings a distinct lowering of the average rate of duty; that of 1897 raises the average to the figures that had prevailed under the acts of 1883 and 1890.
Figures are from “Mineral Resources of the United States,” pp. 214, et seq. The production is for the calendar year, the imports and exports for the fiscal year (ending June 30th). The annual average prices are from the monthly prices given in “Mineral Resources.” The figures given in “Mineral Resources” seem to contain considerable understatements, so far as exports are concerned. See Eng. and Min. Journal, Jan. 26, 1884, p. 59.
These tables show the price in New York to have been higher than that in London by from 1½ to 5½ cents. In recent years the great increase in domestic production has forced down the price here, and the difference in price is not more than 1½ cents. The better quality of domestic Lake copper would cause it to bring 1½ cents more than Chili bars under any circumstances. Cost of transportation (from London to Now York) is insignificant. It is safe to say that any difference in price over and above 1½ cents per pound could not exist if it were not for the duty on copper.
| Table 5. | ||||||
Production, Imports, and Foreign and Domestic Prices of Steel Rails. | ||||||
Year. |
Product in U.S., Gross Tons. |
Imports, Gross Tons. |
Average Price in U.S. |
Average Price in England. |
Average Excess of American Price. |
Duty. |
1871 |
34,100 |
505,500 |
$91.70 |
$57.70 |
$34.00 |
$28.00 |
1872 |
84,000 |
474,000 |
$99.70 |
$67.30 |
$32.40 |
$25.20 |
Aug. ’72 | ||||||
1873 |
115,200 |
231,000 |
$95.90 |
$74.40 |
$21.50 |
$25.20 |
1874 |
129,400 |
96,700 |
$84.70 |
$57.50 |
$27.20 |
$25.20 |
Mar. ’75 | ||||||
1875 |
259,700 |
17,400 |
$59.70 |
$44.10 |
$15.60 |
$28.00 |
Mar. ’75 | ||||||
1876 |
368,300 |
… |
$53.10 |
$37.70 |
$15.40 |
$28.00 |
1877 |
385,900 |
… |
$43.50 |
$31.90 |
$11.60 |
$28.00 |
1878 |
499,800 |
… |
$41.70 |
$27.20 |
$14.50 |
$28.00 |
1879 |
618,800 |
39,400 |
$48.20 |
$24.70 |
$23.50 |
$28.00 |
1880 |
864,300 |
259,500 |
$67.50 |
$36.00 |
$31.50 |
$28.00 |
1881 |
1,210,300 |
344,900 |
$61.10 |
$31.20 |
$29.90 |
$28.00 |
1882 |
1,304,400 |
200,000 |
$48.50 |
$30.00 |
$18.50 |
$28.00 |
July ’83 | ||||||
1883 |
1,156,900 |
34,800 |
$37.75 |
$25.40 |
$12.35 |
$17.00 |
July ’83 | ||||||
1884 |
999,400 |
2,800 |
$30.75 |
$22.90 |
$7.85 |
$17.00 |
1885 |
963,700 |
2,200 |
$28.50 |
$23.65 |
$4.85 |
$17.00 |
1886 |
1,579,400 |
41,600 |
$34.50 |
$20.65 |
$13.85 |
$17.00 |
1887 |
2,119,000 |
137,800 |
$37.10 |
$20.65 |
$16.45 |
$17.00 |
1888 |
1,391,000 |
63,000 |
$29.80 |
$19.20 |
$10.60 |
$17.00 |
1889 |
1,531,000 |
6,200 |
$29.25 |
$24.15 |
$5.10 |
$17.00 |
Oct. ’90 | ||||||
1890 |
1,871,400 |
… |
$31.75 |
$27.30 |
$4.45 |
$13.44 |
Oct. ’90 | ||||||
1891 |
1,298,900 |
… |
$30.00 |
$22.00 |
$8.00 |
$13.44 |
1892 |
1,541,400 |
… |
$30.00 |
$20.00 |
$10.00 |
$13.44 |
1893 |
1,130,400 |
2,900 |
$28.00 |
$18.50 |
$9.50 |
$13.44 |
Aug. ’94 | ||||||
1894 |
1,017,100 |
… |
$24.00 |
$17.50 |
$6.50 |
$7.84 |
Aug. ’94 | ||||||
1895 |
1,300,300 |
1,400 |
$24.00 |
$20.00 |
$4.00 |
$7.84 |
1896 |
1,117,600 |
7,800 |
$28.00 |
$21.00 |
$7.00 |
$7.84 |
1897 |
1,630,000 |
… |
$19.60 |
$21.00 |
–$1.40 |
$7.84 |
1898 |
1,977,900 |
… |
$17.60 |
$23.50 |
$5.90 |
$7.84 |
1899 |
2,271,100 |
2,000 |
$28.10 |
$26.80 |
$1.30 |
$7.84 |
1900 |
2,385,000 |
1,500 |
$32.30 |
$36.00 |
–$3.70 |
$7.84 |
1901 |
2,872,900 |
1,900 |
$27.30 |
$29.50 |
–$2.20 |
$7.84 |
1902 |
2,941,300 |
63,500 |
$28.00 |
$27.40 |
$0.60 |
$7.84 |
1903 |
2,991,800 |
95,500 |
$28.00 |
$28.00 |
$0.00 |
$7.84 |
1904 |
2,283,800 |
37,700 |
$28.00 |
$22.50 |
$5.50 |
$7.84 |
1905 |
3,375,600 |
17,300 |
$28.00 |
$28.80 |
–$0.80 |
$7.84 |
1906 |
3,977,800 |
5,000 |
$28.00 |
$31.20 |
–$3.20 |
$7.84 |
1907 |
3,632,700 |
4,000 |
$28.00 |
$32.00 |
–$4.00 |
$7.84 |
1908 |
1,921,500 |
1,700 |
$28.00 |
$29.10 |
–$1.10 |
$7.84 |
Aug. ’09 | ||||||
The figures for production and importation are from the Reports of the American Iron and Steel Association. The American prices are from the same source, but have been reduced to a gold basis for the years 1871–78. The English prices have been secured partly from occasional tables given in the Iron and Steel Association reports, partly from English sources. The American prices are those for rails at the mills, in Pennsylvania; the English are for rails free on board. Prices by yearly averages can indicate only the general fluctuations; but they suffice for purposes of comparison. Where the imports are less than 1000 tons in any one year, they have been omitted. Since 1888 the imports have been sporadic, and signify little.
Cost of transportation from England to the United States has been usually somewhere between two and four dollars a ton. But sometimes it has been considerably less than two dollars; and carriage by water from England to places on the seashore in the United States has not infrequently been cheaper than carriage by land from the American rail-mills to such places.
It will be observed that there were three periods of active railway building and of heavy imports of rails: 1871–74, 1879–82, 1886–88. During these years or parts of them, prices of rails in the United States were higher than those in England by the full amount of the duty for the time being. In most other years they were higher, but by an amount less than the duty, and imports ceased, except for sporadic shipments of special sizes or kinds. In the later years, the American prices came nearer and nearer the English prices. In 1897, prices fell abruptly in the first two months of the year, in consequence of a “steel-rail war,” marking the breaking up of the combination which had so long kept prices up. After that year, prices were no higher in the United States than in England. Exports were considerable, much exceeding the imports.
Tariff History of the United States
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