Joseph Gurney Cannon leads a procession including Nelson W. Aldrich, Joseph Benson Foraker, Henry Cabot Lodge, and Leslie M. Shaw who are carrying the golden ark of the Dingley Tariff, with figures labeled “Trust, Infant Industries, [and] Protected Monopoly” bowing as it passes.
Comments and Context
Approximately a decade had passed since the last major revision of tariffs in the United States, when Puck Magazine published this scathing cartoon by Udo J. Keppler. It depicted the sacrosanct regard for high tariffs among Republicans and industrialists (trusts), and specifically the inviolability of the Dingley rates. Those schedules took effect in 1897 after a major Depression during the second Cleveland administration, and prosperity returned, punctuated by good weather, record crop yields, the war with Spain, and a presidential assassination. The five years of President Roosevelt saw unprecedented prosperity.
To an extent high tariff rates were responsible, but not in the minds of powerful Republicans. In Keppler’s drawing, the kneeling figures are generic, and those bearing the ark of the covenant all are senators, excerpt for Speaker of the House Joseph Gurney Cannon, and Secretary of the Treasury Leslie M. Shaw.