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sep 26, 1890 - McKinley Tariff

Description:

This Bill, sponsored by Republican Congressman from Ohio, Wm. McKinley, raised tariff rates on dutiable goods to their highest peace time level, average of 48.4%. It shows Republican Congress's strong support to business, it caused real hardship for farmers who need to buy American made machinery but sell grain into an international, competitive market. It caused a major backlash against the Republicans in the 1890 mid-term congressional elections.

Added to timeline:

11 May 2018

Date:

sep 26, 1890
Now
~ 133 years ago