Protection, Federation and Union: The Global Impact of the McKinley Tariff upon the British Empire, 1890–94

Palen, Marc‐William

doi:10.1080/03086534.2010.503395

Cited by 16 publications

(6 citation statements)

References 41 publications

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“…In 1890 under the Republican President Harrison administration, the McKinley Tariff raised US import duties levels still higher to 50% and radically extended the range of goods subject to import duties. This led to retaliatory tariffs from many European nations and as later examined further strengthened domestic support in Britain for tariff protectionism and imperial trade bloc formation (Palen, 2010).…”

Section: Empirical Evidence For a Return To The Late 19th Centurymentioning

confidence: 99%

Brexit, Trump and trade: Back to a late 19th century future?

Dent

2020

Competition & Change

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There are striking similarities between today’s early 21st century trade political economy and its late 19th century equivalent. Ascendant populist nationalism, escalating trade protectionism and tariff wars, growing discontent over globalization’s distributional impacts and fast emerging economic superpowers disrupting the global order are features shared by both periods. This comparative historical analysis explores what lessons and conclusions we may draw from the past late 19th century world that can be applied to today. Integral to this discussion are the prospects of our early 21st century world experiencing a similar endgame of global conflict, as transpired around a century ago. In revisiting the past to better understand the present and future, this paper first evaluates empirical similarities between the trade political economies of both periods. It then applies theories and concepts of economic nationalism, globalization and interdependence in developing deeper conclusions and arguments. Brexit, Trump and their historic parallels serve as primary focal points in this study.

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Section: Empirical Evidence For a Return To The Late 19th Centurymentioning

confidence: 99%

Brexit, Trump and trade: Back to a late 19th century future?

Dent

2020

Competition & Change

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“…The subsequent move away from so-called economic 'individualism' alarmed British classical liberals (Taylor, 1992, 36;Perkin, 1977). By 1905, classical liberalism in domestic and foreign policy was under assault from both the economic-nationalist right and the socialist left (Cronin, 1991, 29-30, 37-8;Palen, 2010, Pugh, 2011Scally, 1975;Semmel, 1960). Much of Addis's post-1905 career was spent fighting a rear-guard action to defend the institutions of cosmopolitan capitalism against these forms of collectivism.…”

Section: This Interpretation Of Christianity Was Congruent With and Cmentioning

confidence: 99%

The defence of cosmopolitan capitalism by Sir Charles Addis, 1914-1919: A microhistorical study of a classical liberal banker in wartime

Smith

Umemura

2020

Business History

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This study focuses on the efforts of Sir Charles Addis, a London merchant banker, to preserve and then restore the pre-1914 system of cosmopolitan capitalism. Our central research question is to understand why this business leader fought to preserve cosmopolitan capitalism when so many of his peers acquiesced to and even championed its demise. Addis's moral ideal was an international economic order in which the nationality of firms had a limited impact on the strategies of managers. The First World War profoundly changed the international business environment and dramatically increased the salience of firm nationality in international business. Addis, who was a committed classical liberal, fought against this trend to a degree that is hard to explain with reference to economic selfinterest alone. The paper, which is based on a range of sources including Addis's diary, explores Addis's connections to, and views of, 'German' bankers, his relations with the British government, and the political economy of the reparations imposed on Germany by the Versailles Peace settlement.

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“…Yet, perhaps Belich’s point can be pushed further. A growing body of scholarship has highlighted the political projects operating within Greater Britain (Bell, 2007; Palen, 2010; Potter, 2003, 2004, 2007; Thompson, 2000). Thus, notwithstanding the failure of formalized schemes of imperial federation, it is becoming clear that Greater Britain possessed a political life beneath and beyond relations between its constituent governments.…”

Section: The Historiographical Significance Of the Congressmentioning

confidence: 99%

“…29 Canadian boards of trade remained prominent advocates of various forms of imperial preference in subsequent Congresses. 30 This Canadian activism reflected fears of political absorption and a sense of economic vulnerability aroused by the U.S. McKinley Tariff of 1890 (Palen, 2010). 31 It also reflected the way in which particular chambers or groups of chambers could use the Congress as a means to garner support for their own agendas.…”

Section: Commerce Political Economy and Greater Britainmentioning

confidence: 99%

The Politics of Commerce

Dilley

2013

SAGE Open

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In the last decade, historians studying Britain's relations with the self-governing settlement empire (the dominions) have emphasized the role of shared culture and dense networks in shaping what Bridge and Fedorowich have called the "British world." Recent scholarship has begun to discern a political life within this British world, at times resurrecting the term Greater Britain. This article builds on these developments through research on a neglected pan-imperial institution: the Congress of Chambers of Commerce of the Empire. The article shows that the Congress, which was dominated by chambers from Britain and the dominions, acted primarily as a business lobby seeking to shape aspects of pan-imperial economic governance. This conclusion highlights the need to place greater emphasis on patterns of politics and governance within the British World (or Greater Britain).

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Protection, Federation and Union: The Global Impact of the McKinley Tariff upon the British Empire, 1890–94

Cited by 16 publications

References 41 publications

Brexit, Trump and trade: Back to a late 19th century future?

Brexit, Trump and trade: Back to a late 19th century future?

The defence of cosmopolitan capitalism by Sir Charles Addis, 1914-1919: A microhistorical study of a classical liberal banker in wartime

The Politics of Commerce

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