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This cartoon reflects Republican assumptions that the rapidly expanding industrial sector was the foundation of the modern U.S. economy and that the GOP policy of protective tariffs was the linchpin of prosperous American industry. Republicans argued that high tariffs kept wages high and domestic industry protected from the competition of foreign goods, particularly from Great Britain, the world’s economic superpower at the time. They labeled Democratic and Mugwump tariff reformers as “Free Traders” whose anti-protectionist policy would undermine the American economy. |
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