Irwin, Douglas A.; Temin, Peter - 2021
substitutes for one another. The Walker tariff of 1846, for example, reduced the duties on cotton textiles from nearly 70 percent …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. cotton textile industry was largely independent of the …