The Tariff during the Gilded Age

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The tariff during the gilded age was extremely high. Coming out of the civil war the republican congress hadset the tariff to a record high. The tariff had positive and negative effects on the United States markets. Positive effects of the high tariff is protection of American industry from cheap European manufactured good. Protecting American industry kept the pockets of powerful corporate man stuffed with cash. Negative effect of a high tariff would be more expensive consumer goods. Also retaliation from nations by putting a high tariff on American goods. This had a great effect on western farmers. Farmers lost overseas markets which resulted in over production and falling crop prices. Farmers who were already struggling had to pay higher prices for the goods they needed. Farmers felt they were being taken advantaged for the good of American industry. Growing farmer discontent lead to the rise of the populist party. Populist was very influential it kept the tariff issue alive during the gilded age. Democrats were also interested in the tariff issue. They were able to pass the Wilson-Gorman Tariff in 1894. I was a moderate reduction to the tariff.