Summary

The American Magazine (1907)

Among others is that change in our spirit of self-reliance. Time was when Americans gloried in working out, unaided, their careers. The protective tariff has done an enormous amount to undermine this spirit. The greatest portion of the opulent class of the country have achieved their wealth by the aid of privileges. Our tariffmade millionaires can none of them truly be said to be self-made men.
Source: Wikisource

The American Magazine (1907)

Havemeyer is a tariff-made millionaire, just as Mr. Rockefeller is a rebate-made millionaire. Mr. Carnegie is a combination of the two—the tariff mainly, but rebates not inconsiderably have given him an enormous advantage over the mass of men. That is, these gentlemen, who are undoubtedly natural money-makers of unusual ability, have obtained their unnatural wealth through discriminations made in their favor. Their success has had its effect. Under the influence of the protective idea the strongly individualistic spirit of this people is changing.
Source: Wikisource

The American Magazine (1907)

The leaders of both political parties repeatedly pointed out from 1860 to 1887 that high tariffs must result in increased cost of living—in a surplus which would lead us into vicious national extravagances and in a crop of monopolies and tariff-made millionaires. What are the facts—what has the tariff had to do with the present high prices of the necessities of life—with our "billion-dollar Congresses"—with multi-millionaires?
Source: Wikisource

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