Postbellum Protection and Commissioner Wells's Conversion to Free Trade

@inproceedings{Meardon2005PostbellumPA,
  title={Postbellum Protection and Commissioner Wells's Conversion to Free Trade},
  author={S. Meardon},
  year={2005}
}
A moment of consequence to the postbellum U.S. tariff debate was the 'conversion' of David Ames Wells, Commissioner of the Revenue from 1865- 1870, to free trade. When he began his work Wells was a disciple of the eminent American protectionist Henry C. Carey. By the age of forty, however, he had become America's answer to Britain's Sir Robert Peel: a public figure of tremendous influence, who, having changed his mind on the issue, became the standard-bearer for free trade in both the… Expand
2 Citations

Figures and Tables from this paper

Paper Mentions

Blog Post
How TRIPs Got Legs: Copyright, Trade Policy, and the Role of Government in Nineteenth-Century American Economic Thought
The cause of free trade was advanced successfully in Britain to achieve the repeal of the Corn Laws in 1846, the removal of other tariffs in Gladstone’s budget of 1853, and the CobdenChevalier treatyExpand

References

SHOWING 1-10 OF 41 REFERENCES
Free Trade and Liberal England, 1846-1946
The argument about the limits of Free Trade or Protectionism rages throughout the world to this day. Following the Repeal of the Corn Laws in 1846, free trade became one of the most distinctiveExpand
The United States Tariff and Industrial Protection in the Late Nineteenth Century
M1 , - OST treatments of the U.S. tariff in the late nineteenth century have -a distinctly antiquated appearance. Very little discussion goes beyond a summary of legislative actions with someExpand
How TRIPs Got Legs: Copyright, Trade Policy, and the Role of Government in Nineteenth-Century American Economic Thought
The cause of free trade was advanced successfully in Britain to achieve the repeal of the Corn Laws in 1846, the removal of other tariffs in Gladstone’s budget of 1853, and the CobdenChevalier treatyExpand
The Life of Richard Cobden
Richard Cobden (1804–1865) was a manufacturer and Liberal politician, campaigning for the repeal of the Corn Laws, and for a free market economy. His laissez-faire views on protectionism and theExpand
POLITICAL ECONOMY AND PEEL'S REPEAL OF THE CORN LAWS
The repeal of the Corn Laws in Britain in 1846 has been much debated as to whether interest groups or ideology contributed most to this policy reform. This paper examines a conventional view that SirExpand
The Tariff in our Times.
Volume 1 [285 pp] David Hall Rice, "Protective Philosophy: A Discussion of the Principles of the American Protection System as Embodied in the McKinley Bill" (1890). Volume 2 [425 pp] EdwardExpand
Ideas, interests, and American trade policy
Professor Judith Goldstein, a political scientist, has made an important contribution to the emerging literature on "International Political Economy." Her deceptively short book addresses two relatedExpand
The Antebellum Tariff on Cotton Textiles Revisited
Recent research has suggested that the antebellum U.S. cotton textile industry would have been wiped out had it not received tariff protection. We reaffirm Taussig's judgment that the U.S. cottonExpand
Retrospectives Schumpeter, David Wells, and Creative Destruction
Joseph A. Schumpeter's celebrated theory of creative destruction was anticipated by David Wells's Recent Economic Changes (1989). In some respects, Wells's treatment is superior to that ofExpand
The Structure of a Tariff System and the Effective Protective Rate
T HE theory of tariff structure is concerned with the effects of tariffs and other trade taxes in a system with many traded goods. It allows for the vertical relationships between tariff ratesExpand
...
1
2
3
4
5
...