Ways and Means members Morrill and Henry Winter Davis, a Maryland "American," produced the Republican proposal to raise the tariffs. It replaced the existing ad valorem tariff schedule with specific duties and drastically increased tariff rates on goods that were produced by popular "protected" industries, such as iron, textiles, and other manufactured goods. The economic historian Frank Taussig argued that in many cases, the substitution of specific duties was used to disguise the extent of the rate increases. Supporters of the specific rates argued that they were necessary because European exporters routinely provided US customers with fake invoices showing lower prices for goods than were actually paid. Specific rates made such subterfuge pointless.
ways and means members morrill and henry winter davis a maryland "american" produced the republican proposal to raise the tariffs it replaced the existing ad valorem tariff schedule with specific duties and drastically increased tariff rates on goods that were produced by popular "protected" industries such as iron textiles and other manufactured goods the economic historian frank taussig argued that in many cases the substitution of specific duties was used to disguise the extent of the rate increases supporters of the specific rates argued that they were necessary because european exporters routinely provided us customers with fake invoices showing lower prices for goods than were actually paid specific rates made such subterfuge pointless