The Jeffersonian cyclopedia; a comprehensive collection of the views of Thomas Jefferson classified and arranged in alphabetical order under nine thousand titles relating to government, politics, law, education, political economy, finance, science, art, literature, religious freedom, morals, etc.; |
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8274. TARIFF, Specific and ad valorem duties.— |
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8274. TARIFF, Specific and ad valorem duties.—
There must be something more
in this increase of revenue than the natural
and war increase; depreciation to a small de
gree in other countries, a sensible one in this,
and a great one in England, must make a
part of it, and is a lesson to us to prefer ad
valorem to fixed duties. The latter require
often retouching, or they become delusive.—
To Albert Gallatin.
Ford ed., viii, 357.
(May. 1805)
| The Jeffersonian cyclopedia; | |