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Brief overview of tariffs, trusts, and railroads

Describe how the federal government under Presidents Cleveland and Harrison responded to the economic issues of tariffs, trusts, and railroads in the late 1800s.

Again, this issue is a long, very involved question. Any section could easily be chosen and novels written on the topic. The solution offered briefly summarizes the points points of view and policies of Presidents Cleveland and Harrison concerning the issues at hand. This is not meant to be a definitive work, but a springboard and set of guidelines for the student to form his or her opinion.

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1. Tariffs: Cleveland, along with other democrats of his time, thought that the protective tariff in place in the United States that made U.S. goods cheaper than imports and thus gave domestic goods an advantage in the market ought to be reduced. Therefore, he fought for the reduction of the tariff, calling for a tariff for the purposes of generating internal revenue rather than protection of domestic goods in the U.S. market. Cleveland eventually succeeded in reducing the protective tariff, though the ...

Solution Summary

This is a very brief, general discussion of the issues of tariffs, trusts, and railroads as approached by Presidents Cleveland and Harrison. Because of the involved nature of the questions (several novels have been written on this very question), the solution offered here is not meant to be a definitive work on the topic by any means, but rather gives the student a basic guideline to consider while studying the topic.