Ivan Vyshegradsky

Ivan Vyshnegradsky

• Life: 1832-1895
• Tariff Act: 1891
• Financial Minister: 1887-1892

What did he do?

• Strove to improve financies and build up gold reserves.
• Increased indirect taxes and mounted drive to swell grain export.
• Reduced imports by increasing tariffs in Tariff Act of 1891 in order to protect Russian iron.

Impact of Vyshnegradsky's Tariff Act

• Between 1881 and 1891 grain exports increased 18%
• By 1892 the Russian…