51�Թ�

Under a revenue tariff railroad iron was sold for less than two-thirds of its present cost.

The distinctive idea of the democrats is represented by the word anti-protection, or revenue tariff.

After the notable step of 1897 towards a purely revenue tariff, there came a halt for some years.

It is urged that direct taxation will not prove sufficiently profitable to enable the South to dispense with a revenue tariff; but those who urge this, do not know the South.

But very soon the tables were turned: the Whigs became the high-tariff party, the Democrats more and more opposing this policy in favor of a low or a revenue tariff.