The Southwestern Historical Quarterly, Volume 21, July 1917 - April, 1918 Page: 1
VOL. XXI JULY, 1917 No. 1
The publication committee and the editors disclaim responsibility for views expressed by
contributors to THE QUARTERLY
THE TARIFF HISTORY OF THE REPUBLIC OF
ASA KYRUS CHRISTIAN
THE REVISION OF THE TARIFF OF 1841, AND THE HIGH TARIFF
As a result of the free trade policy of 1840, a reduction in
revenue was anticipated, and for that reason an elaborate direct
tax measure was passed.0 Before this time direct taxes had
played a minor part in the finances of the Republic, with op-
ponents of a tariff advocating a direct tax as more just and equal
than an indirect,"' but with the act of January 16, 1840, an effort
was made to substitute a direct tax on land and business for the
tariff. The direct tax law proved a failure as a producer of rev-
enue, and this, with the tremendous expenditures of the Lamar
administration, made necessary the revision of the tariff up-
ward.92 The almost hopeless condition of the treasury, the de-
preciated currency, the expenditures, and a desire to establish a
sound fiscal system, led in the Fifth Congress to the introduc-
90Gammel, op. cit., II, 183-202.
'Austin to Wharton, November 18, 1836, in Garrison, Dip. Corr. Te.,
92See Miller, A Financial History of Texas, 391. Out of an assessment
of direct taxes due to yield $326,370.23 for 1840, as published in the
Telegraph and Texas Register, June 9, 1841, the actual yield was only
$53,130, while the receipts from customs amounted to $164,789. The ex-
penditures for the same year amounted to $2,174,752.
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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/m1/7/ocr/: accessed March 24, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting Texas State Historical Association.