The Protectionist Interests of the German Iron and Steel Industry, 1873-1879

Ivo N. Lambi

The Journal of Economic History, 1962, vol. 22, issue 1, 59-70

Abstract: The year 1873 marked the zenith of the German free-trade movement, which had been gathering impact since 1818 when Prussia first established a tariff along free-trading lines. Promulgated at the peak of prosperity, the law of 1873 abolished immediately the duties on pig iron, raw steel, and ships, but, as a concession to the protectionists, only reduced the rates on other iron products and provided for their repeal on January 1, 1877. Despite the dissatisfaction of many free-traders, the latter provision opened the door for the repeal of other protective rates. Germany thus stood at the threshold of complete free trade.

Date: 1962
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