The Southwestern Historical Quarterly, Volume 21, July 1917 - April, 1918 Page: 31
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The Tariff History of the Republic of Texas
exports.205 This period was the period of chief dependence on
paper money, and though the money depreciated until it was al-
most worthless, it was still accepted in payment of duties at par,
thus reducing the tariff rates to only a small per cent of their
nominal rate. The importations during this period amounted to
$4,625,843.52, while exports amounted to $678,242.24. The in-
crease in value of exchequer bills in 1842 due to their scarcity,
and the passage of the act requiring that they be received at the
market value in 1843, caused payment in sound money. For the
period beginning August 1, 1842, and continuing to October 31,
1845, importations amounted to $2,362,078.67, and exports to
Though there were frequent complaints of the burden of the
tariff, the rates were never really high. With the exception of
the tariff bill in 1840 the nominal average of which was 15 per
cent and the real average 3 per cent, the general average of the
tariff rates was between 20 and 25 per cent. The average for
the period up to September 30, 1838, was 19.3 per cent, but this
is the period when a large number of the necessities were ed-
mitted free. The average rate on dutiable goods cannot be de-
termined, but it was certainly higher than that. The burden,
however, fell on those who were best able to bear it. The high-
est average reported was for the year ending July 31, 1844, when
importations of $686,503.03 yielded a gross revenue of $201,-
413.30, or an average of 26.6.207
"20Gouge, The Fiscal History of Texas, 278.
2O7Report of the Secretary of the Treasury, in Telegraph and Texas
Register, January 8, 1845. The secretary remarked that this high aver-
age was due to the 5 per cent augmentation on goods in American. ves-
sels, and that six-sevenths of the imports were from the United States;
that if Texans had seen fit to trade with England or France the average
would have been only about 22 per cent.
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Texas State Historical Association. The Southwestern Historical Quarterly, Volume 21, July 1917 - April, 1918, periodical, 1918; Austin, Texas. (texashistory.unt.edu/ark:/67531/metapth101073/m1/37/: accessed August 19, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting Texas State Historical Association.