POLI 243 Chapter Notes - Chapter readings : Sherman Antitrust Act, Vertical Integration, Carnegie Steel Company
Document Summary
Protective tariffs were already in place before the macdonald policies first attempt to establish the national policy (np) was proposed in 1870 by macdonald gvmnt. Macdonald forced to abandon the np of 1870. Conservatives also responsible for the system adopted in 1879: up to 1896 the liberals were in opposition in ottawa. Brawley - us steel and american trade policy. Heterogeneity in the steel industry entering the taft presidency. Us only started to export significant amounts of steel in the first decade of the 20thc: most valued manufacture exports. Lake, us (us steel corporation)>> reduced costs through organization of production - further west than most other producers gave a competitive edge. Taft pursues tariff reform, nov 1908- dec 1910. Increased relative capital abundance in the us economy post 1900 = increase in manufactured exports. Wave of corporate mergers at the time. Republicans >> started hearing complaints form its supporters - national association of.