[The Development of the European Nations, 1870-1914 (5th ed.) by John Holland Rose]@TWC D-Link book
The Development of the European Nations, 1870-1914 (5th ed.)

CHAPTER VI
35/51

The Reichstag approved the change and on July 7 passed the Government's proposals by 217 to 117: the majority comprised the Conservatives, Clericals, the Alsace-Lorrainers, and a few National Liberals; while the bulk of the last-named, hitherto Bismarck's supporters on most topics, along with Radicals and Social Democrats, opposed it.

The new tariff came into force on January 1, 1880.
On the whole, much may be said in favour of the immediate results of the new policy.

By the year 1885 the number of men employed in iron and steel works had increased by 35 per cent over the numbers of 1879; wages also had increased, and the returns of shipping and of the export trade showed a considerable rise.

Of course, it is impossible to say whether this would not have happened in any case owing to the natural tendency to recovery from the deep depression of the years 1875-79.

The duties on corn did not raise its price, which appears strange until we know that the foreign imports of corn were less than 8 per cent of the whole amount consumed.


<<Back  Index  Next>>

D-Link book Top

TWC mobile books