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Items tagged "free trade": 2

Phillipine Trade

This cartoon depicts the conflicting attitudes on economic policy: protectionism versus free trade. Protectionists argued in support of high tariffs limiting the import of foreign goods into the American market. In the attitude of the artist below protectionists did not stand a chance against giant that was Philippine Trade.

Gen. F. Edmunds, “Dealer in John Bull Scarecrows,” was actually a senator from Vermont during the years from 1866-1891. As senator, Edmunds was known for being an economic protectionist. Protectionists supported high tariffs on foreign imports in order to protect American products and industries. Protectionists policies kept the price of foreign…