18 oct 1890 año - McKinley Tariff Act
(Oct 1890)
Descripción:
Boosted rates to highest peacetime level ever; passed by billion-dollar congress; William McKinley of Ohio sponsored tariff in House, tariff hurt farmers; Farmers had to buy manufactured goods from expensive protected industrialists, had to sell old equipment to competitive & unprotected markets; Bcuz ppl mad from tariff → republicans lose majority in Congressional elections of 1890
Añadido al timeline:
fecha:
18 oct 1890 año
Ahora mismo
~ 135 years ago