References in periodicals archive ?
In 1909, the Payne-Aldrich Tariff Act set minimal rates but allowed the President to modify the rates to equalize the cost of production between domestic and foreign goods, the so-called flexible tariff.
One of the first orders of business for newly-elected President Wilson and the Democratic-controlled 63rd Congress in 1912 was to revise the Republican's 1909 Payne-Aldrich Tariff Act.
Before the Republicans' 1909 Payne-Aldrich Tariff Act, the average retail price of a pair of gloves was ten cents; after a five-cent per pair duty was imposed, the price rose to fifteen cents.
When Congress finished with the matter, however, the Payne-Aldrich Tariff Act, signed by Taft on Aug.