Skip to main content
The largest online newspaper archiveArchive Home
The Kansas City Daily Sun from Kansas City, Kansas • 2

The Kansas City Daily Sun from Kansas City, Kansas • 2

Location:
Kansas City, Kansas
Issue Date:
Page:
2
Extracted Article Text (OCR)

"zr: Vl THE KANSAS CITY DAILY SUN. v. -v. X- wheat is lowered In price by the de was able to use mental money culatlng his pure bartor: These claims rost upon ethical groundi When they prevail the most industrious man, the one who follows God's laws, will bo the most prosperous in SCIENTIFIC TAXATION. Pt the (tingle Tnx HyiUiin Fomm tha 1'erfeotlou CluluiDd Vor It Hy 1U Advocator Taking1 up in this communication the burden of ray argument where I left off in my lust article, we are now ready to examine the present condition of the farmer as relates to taxation uuder the present system and his relationship In regard to the three Items, rent, interest and profit, and also the changes in such condition and relationship that would be effected by the inauguration of the single tax system.

Let us first glance at the condition of the tenant farmer. Mingle taxers will cordially agree that the landlord takes all bo can get, hence the tenant farmer pays as much as any other man will PAPER AND COLD. Honey Is net Wlth, but Merely Ropr. sent It. If this nation had but $1000, in circulation, and it wore all gold money, and by the discovery of new gold mines another billion of gold money wore Immodlately'added to the money volume, the offoct would be to double the value of all services and commodities.

Apparently the wealth of the nation would be doubled. This doubling is only nominal. There would actually be no increase of wealth without an increased production. Tho increased volume of money would cause a more rapid and general exchange of commodities and services; this would stimulate industry and lncreaso general prosperity. Since the productions of labor are tho only wealth a nation has.

says the Topeka Advocate, it follows that If there had beon no more wealth produced with the two billions of money than with the one billion, it would be self evident that the increased volume of money bad added no wealth to the nation. But the increased volume of. money was advantageous to the masses; it enabled them to pay their debts, to procure the comforts and necessaries of life, and the country was made happier by the more equit ing it last five years If unhoused. At the end of three years it would only bu worth the price of the old iron. A binder that costs $125, if unhoused, at the end of four years would be a total loss minus the use of it" Assuming then that tho average valuo of the buildings, fencing, work' stock, machinery and implements, upon our hypothetical average farm of 125 acres, is only $800 we have the sum of $80 per annum which the farmer must save and lay by, unless he expects to sooner or later to quit the business for lock of working capital This leaves us the sum of $240 to the family, available for furniture, groceries, clothing, doctor bills and medicine, school books and literature, fuel, and the thousand and one items which enter, or should enter, into the daily necessities of a family.

Just think of it $20 per month for each family of five persons! But if the Kansas farmer receives any "econoraio rent," or interest upon the value of his bare land, his paltry wages, as shown in the above estimate, must be still further reduced in the sum of $93.75, or 5 per cent, upon 125 acres of land at $15 per acre. And this amount would be the single tax which ho must pay under that system. It is conceded, however, that as an. offset, he would escape the payment of $24.75 direct taxes, and also the sum of about which' he pays as tariff and shifted direct taxes upon the groceries and cl thing, etci, which he buys, so that the single tax would worst him in the sum of $39. A critic of mine, writing to the Cincinnati Golden Rule, thus sets forth the great benefits to be, derived by the farmer ffom the single tax: single tax.

would benefit the farmer by forcing idle land into use, increasing production, and employing surplus labor, thus causing a greater demand for food This instead of benefiting the farmer would injure him. Why? First Those who went to farming these idle lands would thereafter produce their own farm products, and thus the number of the present farmers' customers would be decreased, not. increased. Second The yell is now continually raised of "overproduction," and it does seem as though the more the presir.it number of farmers raised the less they got for it Each additional acre of land put into cultivation would increase the exporting surplus of farm products. George C.

Ward, in Topuka (Kan.) Advocate. THE FIRST GUN. THE SPIDER AND THE FLY. 'Will you wulk Into our caucusl" Said the spider to the fly; "It's the nicest little caucus That ever you did spy." But the fly had grown too fly to Bo deceived by such a yarn, So he said to Mr. Spider that Ilo'd stuy outside the burn Thus the splclor lost the chance to Gobble up the little fly, And the caucus hud to languish, i Fade, and ultimately die i For the caucus of the spider's is A very pretty dodge To lot the spider eat the flies; Which in its moshes lodge, So, when politicians argue Urge you for the party's sako To attend the party caucus, And a puulio office take, Just remember how tho spider Tried to catch the little fly, And toll the politicians you Know winter wheat from rye But tho fall elections omi To the independent ninn A chance to teach the spiders That tho flies both will and can Sweep osido the dusty cobwebs Prom the rafters of the mind, And thus make the cruel spiders Better occupation find; And if, in the coming soason, Spiders find it hard to win Their way Into the conlidence Of flies who watch thorn spin, Let them from this lesson gather What is doing In the land, i How the flies in the destruction Of old cobwebs have a hund; How at last their eyes are open, And the spidor's work thoy see, And dotormine to forever from bo free.

Dr. A. S. Houghton in the Economist Don't Swindle "Them." Terribly distressed are the Shylocts about the "poor widows' and "hardworking servant girls'' who would be swindled by the free coinage of silver. One would suppose that widows and servant girls owned pretty much all the savings bank deposits in the entire country.

Writing upon the subject E. D. Stark says: Wall street's ubiquitous widow.is a famous case in point She can, in an emergency, multiply herself indefinitely in order to become the putative owner in small holdings of all the dividends and income of any scheme to whose success popular indulgence is necessary. Latterly it is the poor servant girl tho daily wage-worker and indigent decrepit spinsters, who are brought to tho fore as tho roal creditors whose loans should sutler no harm by a depreciation in' dollars. It is 'claimed that near $2,000,000,000 in savings banks deposits are in that jeopardy, being owned by small depositors.

Admit it then; for the sako of tho argument. Why should they, having invested their savings in dollars, havo any more claim to protection than their brothers and sisters who invested in homes, lands and shops? When they put their savings in tho form of demands for dollars they knew by the dictionary and tho statute, that a dolr lar was a silver coin of 412. grains. A money future is an investment in tho money metals. What right has spch an investment to immunity against depreciation nbovo all other form of investment? I nffirm that ffer.

This Is Mr. George's "economic rent," so that the tenant farmer will pay as a single tax, just what he now pays as rent Oh, no, I have not forgotten the improvements, nor the "bare ground" racket Nor do I forget the fact that land under cultivation, without, buildings, rents for just about as much as the same land doe with buildings. Nor the further fact that in many localities, in fact nearly all over the northwest, one-third or two-fifths of the crop pays for a. farm, including, house, pasture, while the same rent is charged for plowed land, with no house or pasture, "But" says our single tax friend, "he would pay no other tax." Ah, there! what about the tax upon "valuable lands" in the cities and towns? Ilave I not clearly demonstrated that the farmers and their dependants, constituting two fifths of the consumers of the United States, must of necessity pay two-fifths of the single tax levied upon all lands occupied for income producing businesses? "They do-that now," you say? Certainly do, and I admit that under the single tax System their taxes would be lightened by just the' amount of direct and indirect (not rent or land tax) now included in the price of goods wares and commodities. I am inclined to believe that upon the whole the single tax might lighten the burden of the tenant farmer.

How is it with tha land owning farmer? Fanning is, or should be, a profitable or income producing busl. ness. Under the present system, to be upon an equality with merchants and middlemen, the farmer should be able to include in the price of his products the following items: Economic rent, (Interest upon value of bare land). rent, (Interest upon cost of improvements). Sinking fund for repairs and replacement of buildings, fences, work, stock, machinery and implements.

taxes paid by him, Food, clothing and fuel. Stopping at thiB point, the farmer is exactly upon an ecfuality with the merchant, whobarely makes a comfortable living out of his business after paying all charges, including ifcnt, interest and taxes. Anything more the farmer receive is the fequivalont to the merchant's wages, or net profits. How, then, doss it fare with the land owning farmer? 1 The following item from the pen of Harry Tracy shows how it fared with a cotton farmer in the crop year of 1889-90: The annual balance sheet of a cotton farmer owning 300 acres of land and cultivating a0 acres, estimating wages at $2 per month, would show about as follows: To farm and improvements I 8,000.00 To stock and Implements 1,600.00 To provisions ani provender. 500.03 To hire hands sufficient to secure crop at 20 acres to hand at 83 cents per 8,655.28 To use of implements, land, improvements and decline in value of stock, etc 400.00 To clothing for family of four persons.

103.00 To doctors' bills 50.00 75.00 The People's Tarty of Illinois Holilt Its Htate Convention and Formulates a Platform. The people's party of tho state of Illinois licld its state convention at Danville May 19 and adopted the following platform: The people's pirty of the Htate of Illinois, through its regularly elected delegates assembled in convention at Danville, makes this official declaration of its principles, purposes and demands: That wo affirm the declaration of principles adopted by fie St Louis conferenes lebfniary 22, and pledge our entire loyalty to' It Eesalved, That wa djtaaad, the imneaintA'hlgh satosiiansliip would ratner cvt of all officials who, dollars tll ro vaule-than, houea ftnd. ii monetization of silver, the legal tender basis of his principal wheat growing competitor. So completely is he the victim of adverse circumstances that all business rules and laws of commerce are reversed to aid in his robbery and spoliation. The dealers from whom ho buys hla machinery and implements, and groceries and clothing, and his fuel, all add the cost of transportation to the first cost of the commodities they sell him.

Itut when he sells his wheat he must deduct from the price of it the cost of transportation over 1,500 miles of rail and across 8,000 miles of water, although if his merchant were to buy his bread in Liverpool the cost of transportation would come out of his pocket Thus the tariff upon wheat, held up to the farmer as a blessed protection, is, in fact a curse, as without a tariff New York would be his market, instead of Liverpool, and he would escape the cost of ocean transportation. In immense bjocks of granite and brick are legalized gambling halls, called boards oi trade, wherein the products of the farmers are made the playthings of commercial gamblers, who buy and sell' enormous quantities of mythical products and bet on prices going up or down. What, then, would the annual balance sheet of a western or northwestern grain and stock farmer look like? I shall endeavor to answer this question by tabulating the result of the crop of 1891 for the whole state of Kansas, thus presenting an annual balance sheet for the farmers of Kansas as a whole class. Kansas in the year 1891 raised a wonderful crop an exceptionally good one and the result of such crop will put the best possible coloring and present the most favorable aspect of the business of farming in Kansas as a profitable or income producing business. The official figures given by Mr.

Martin Mohler, secretary of the state board of agriculture, will be as far as practicable. i As- nearly as I can figure out, there are 200,000 families, of five members to the family, engaged in the occupation of farming in Kansas, and they are cultivating 200,000 farms, of 125 acres to farm, or 25,000,030 acres of land, including pasture and hay lands. jThese are, however, only approximate figures, in the absence of the exact facts, as ascertained by the census. Mr. Mohler gives the total product of the state, with approximate quantities of each product available for market and sale: Bualie't.

Wintor and spring wheat Kept for bread and seed 13,550,653 Available for market 45 000,000 Corn crop for 1831 ....133.303,931 Amount fed on 101,30,991 Available for Oats crop of 1891. Amount fed on farms 35,000,000 25,904.443 Available for Rye and barley, lt91. We have then for sale: 45.000,000 bushels wheat OOo 85,000,000 bushels corn ,14,003,000 bushels oats 6,000,000 bushels rye and barley at 80c. 4,000,000 140,000 head horses and 11,200 000 2,019,035 bushels flax SI 2,049,055 28,261,450 pounds broom corn 817,843 114,644 bushels castor beans SI 114,614 Total ........858,511513 Horticultural products Garden products 818,958 Wine 170,369 Total value of the products of live i stock, animals, slaughtered and sold for slaughter, wool clip, butter and cheese, poultry, eggs and milk sold. 25,000,003 Total amount of white and sweet potatoes, millet and Hungarian, tame and prairie hay, sorghum, cotton, hemp, tobacco and wool 4,000,030 Total products sold ....883,700,338 Deduct: Harvesting wheat Threshing wheat 4.500,100 Cribbing corn 4,000,107 Regular hired help, esti- mated 100.000 men six months at H5 per month 8,753,000 Total 820.750,337 820,750,337 Balance Net amount to each family of Ave indi viduals 1344.75 Deduct direct taxes, estimated to each family at .24.75 Net to each family.

$320.00 It will be noticed that in the forego ing estimate every available item for market is accounted for, the quantities given as sold of each item, being the official figures as given by the secretary of the state board of. agriculture in his official report for the year ending December 81, 1891. The total estimate of gross amount of products sold varies from Mr. Mohler's estimate as given to the press and to Bradstreet's Commercial agency in July, 1891, in the sum of only $390,543, his estimate having been $90,090,880. This includes butter, eggs and poul try, "garden sass," wood, and everything that could possibly be thought of as a possibly available asset in the hands of the farmers of Kansas.

The prices given for the leading staples are also very liberal, and it is very doubtful if such prices were realized, taking the average of the whole state. And yet when it is all counted, we have for each agricultural the paltry sura of $120, or $5.33 per month for each member; per month for each family. Out of insignificant remuneration there is yet to be deducted a sinking fund for the repair of and fiiinl replaeemntt buildings, fencing, work animals, machinery, tools and implement's, "which" cannot by any means b3 estimated at less than 10 per cent, of the first cost, upon everything but buildings. even upon buildings we find that insurance companies, in settling losses, figure 10 per cent depreciation par ann um upon frames. Horses, available for use at the age of 4 years, at the age of 14 would be superannuated and useless.

Farm machinery, if well housed, may possibly last ten (10) years, but even then a 10 per cent sinking fund will not more than keep np repairs and buy new machinery as the old becomes useless. From the Indiana Farmer I clip as fol lows: "Mr. Header's estimate of ten years for a housed binder is all right, but be has certainly overestimated it in male stead of the man who breaks Ills laws. If a man shall not work- neither shall ho I he Purly. What "are political partlesP They' are an organization of citizens banded togother for the advancement of a cuuse.

nothing more, nothing less. Where questions of goi'ornmontpolicy are settled by the people political parties aro born of necessity. People' would nevor have banded themselves togother for the purpose of bearing a name, as Doraocrat or Hepubllcant Jo common sense patriotism the name-alone never commends a principle. It, is always the principle which is sought to be advanced that places-conscientious mon within tho ranks of their "respective parties. The man-who allies himself with a party whiohf antagonizes his ideas of constitutional government is a commodity in the political world, or is a slave to selfish! ambition.

He is none the less untrue to his manhood if he remains in a party which antagonizes his Many Southern Alliancemen love and cherish the name "Democracy," It is the Inscription under which thoy marched and fought for four years. It is the same lettering which enthused our fathers at' the ballot box, ani we say the same lettering we have said all. Had the founders of the party named the organization by another name it would to-day be as cherished. What is there in name? "A rose by another name would be as sweet." The gallant band now marching under the People's party banner have forsaken the name" that they may adhere to. principle.

Which is the more gallant? When we consider that it is for the principle's sake that parties, are formed, and not' for the name's-sake, then we must admire the devotion to principle. Remember, alliancemen, It is not your abandonment of the party, it is-the party's abandonment of you. You know you advocate the identical ideas-entertained by Thomas Jefferson, Andrew Thomas Benton and JohnC. Calhoun." You know that the party abolition'sts of to-day can find not one expression from these founders of Democracy to sustain them. You know the party under its late day manipulation has abandoned its stand against national banks and a contracted currency.

The congressional record of tho last few months5 has told you a talo of party treachery in the defeat of tho silver bill which is unequaled in the history of any par-ty. Then isft) not clear to your mind that by allying yourself with party which accepts the abandoned theories of Democracy you are but rallying to prirfeiple and in fact to Demo--cracy in its' unadulterated When the party lash begins to slash, Alliancemeris should be ready to hurl back into the teeth of the bosses these living truth's. The Toiler. Some of Jajr Gonld'a History. So much space is being continually wasted in the "honest money" papers of the country in abusing "calamity howlers" that they must necessarily sing the same song over and over again; or else quit.

To relievo the. monotony we suggest that they publish and comment on the following bit of record taken from Redpath's history, pages 553-4: "In the autumn of 1869 occurred the most extraordinary monetary excitement ever known in the United State or per-, haps the world. A company of un-, scrupulous speculators in New York city, headed by Jay Gould and James Fisk, succeeded in producing what is known as a comer in the gold market and brought the business interests of the metropolis to the verge of ruin. The plan of Gould and Fisk, was to get control of the fifteen millions (of gold) in the banks to pre vont the secretary of the treasury from selling any part of the hundred millions under his authority. Then, having control of the market, to advance the price of gold to a fabulous figure and return from the field of slaughtered fortunes with their accumulated millions of spoils.

Having arranged carefully all the preliminaries, the conspirators boldly avowed their intention to advance the rate to 200. On the morning known as black Friday the premium on gold reached 160. Just at this moment a dispatch came that Secretary Boutwell had ordered a sale of four millions from the subtreasury. The price of gold went down 20 per cent in as many minutes. The speculators were blown away in an uproar, but they managed, by accumulated frauds and corruption, to catry off witn them more than eleven million dollars as the fruit of their nefarious game.

Conio to Accomplish The following from the People's Cause ia thank God, true: The present move of the people is not a spasmodic or convulsive effort as the two old partiei and hired allies do vainly hope. It is but the philosophical result of existing conditions; it is the voice of the great and mighty people; it is manifestly and unmistakably a result of educating tho popular mind in political and economic measures. Our people aro a reading, intelligent people, and when their will is recognized, and the power of money to rule, oppress and enslave is brokea such results will be succeeded by an era of peace and prosperity unparalleled in the history of a nation. The Gastonia Gazette: The loanable capital in all New England and New York is 270 per capita; in North Carolina $6.47. With this small sum we have to pay our state and county taxes and more than $3 per capita to support the federal government able distribution of the production of labor.

The additional one billion of gold money added to the circulation would be no increase of wealth, because tho gold is lost in the legal ten der, and it ceases to be a or wealth it is money, a mere ideal thing, and gold adds no value to it flow, inasmuch as gold adds no value to the legal creation called money, if the one, billion of legal tender gold money were replaced by one tender paper money for they are equal In law the paper would perform the functions of money better, and there would be no loss by abrasions and the liberation of the gold In the $1. 000. J00. 000 gold circula. tion would be to the country liko the discovery of so much gold in a new mine, for it would not be lost to the community as money, but it could be made to perform a valuable utility in the arts, or shipped abroad in ex change for more useful hence more valuable commodities.

flow, then, grant that there is no money in circulation but one billion full legal tender paper money, and another billion of full legal tender were added to it; it would have the same effect upon services and com' modifies as the doubling of gold money did; that ia all values would bo doubled, apparently the wealth of tho nation would be doubled; but this would only be nominal, if tne produc tlons of labor, the only wealth a nation has, had not boon increased. So it is seon that prices are inflated by an increase of the volume of money, no matter what substance- is used to carry the sign of money. Mon who live by prostituting money from its sacred function of a medium of exchange into an instrument to levy blackmail are alwals1' ready to raise their voice in condemnation of any substance that threatens to be come abundant and thereby interfere in their God condemned practice. So it was that in tho early '50s these same fellows who are now crying out against the dishonest silver dollar cried out against tho dishonest gold dollar. The usurers all over tho.

world urged strongly the demonetiza tion of gold. California and Austra lia were inflating the money volume more rapidly than tho wildest calamity howler ever dreamed. Holland, Belgium, Germany, Austria, Den mark. Norway and Sweden actually demonetized it They demonetized it because it was giving great prosperity to these countries and enabling the people to throw off. the usurer's yote.

It was seen that an Increase of pa per money anectea services ana com modules in the sarao manner that an increase of gold money did. A con traction of the money volume, be it paper or gold money, would produce a like effect a contraction of values. This is due to the fact that the paper is not the money, that the gold is not the money, but that the money is the fiat of law, tho legal tender, that is stamped upon the pa per and upon the gold. They are both counters of valuo, and are the measure of exchange. I hey are children of the same parent henco equal in their father's house, and Uncle Sam has no authority to mako money for people beyond his jurisdiction.

When our coins go abroad they become bullion. Many advocate an increased volume of money on the ground of national policy. That is a cringing demand. Let the fight be made on the ethical grounds. Men have a natural right to enough money to do business on a cash basis, and to the destruction of UBury.

Free trade should bo advocated on the same principle. Money is a counter When men barter they always use a' menta-'money to measure the exchangel Barter and money are co-eval and coexistent Money and barter are inseparable. Written or sign money is a conventional thing to expedite business, to relieve tho mind of obligations due and to avoid tho necessity of keeping books. The whole community agrees to recoivo it for debts. When men sell goods debts are made, even though you have money your hand to pay for the purchase.

Tho iribnoy cancels the debt So it is that money acts as a clearing house fo." tho whole community Money should always be as easy to tret as commodities and services. Then commodities and services should al wavs be exchanged into money. Since commodities and services are wealth. and money only a convenience, -nn ideal thing, whethor mental or written, -the man who has' wealth, the producticn of the sweat of bis brow. should be able to get written money for it, which shows that he has parted with wealth equal to the denomina tion stamped on as readily as he and condign punlshcii shall attempt to Interfere with the constitu tional risht spesch, tree press or free public assimbluj9.

Resolved, That wo demand the enactment of adequate laws providing for the actual attendance in school of all children of school age for term not leas than four months of each year, and to this end we are in favor of free text books. Resolved. That we condomn and denounce those hard and oppressive conditions of life produced by unjust laws which drive men to crime and then use their labor to crush out honost industry, and we charge both the old parties with directly conniving at a flagrant and open violation of the amendment to the constitution overwhelmingly adopted by the people forbidding contnets for convict labor and recognizing the cruelty of confinement of men without employment Therefore we demand that all convlc in this state hereafter be employed In tho winter months in preparing material fori and in the summer months In making, permanent roads and other state Improvements, and we further demand that all -railroads in this stato ba required by. law to carry men and material for this purpose at actual cost of transportation. Resolved, Thi wo condemn In unmeasured terms tho practico of both republican and democratic officers of tho state in appropriating the interest on tho public funds to their own private uses, and demand that accumulations of all state funds be covered into the treasury.

Resolved, That our state constitution be so amended as to permit the enforcement of the law providing for a weekly pay day and the abolition of the truck store system. Resolved, That we demand that the legislature submit to a vote of the people as a sepa rate issue tho subject of an amendment to the state constitution allowing to women the full right of suffrage. Resolved. That our present syste or minor ity representation falls far short of tho object sought to be attainea Dy me same, onu wo recommend the favorable consideration of the quota system of representation to the people of this state. Resolved, That we condemn the extortions of the corporation known as the Union stockyards of Chicago, and we condemn the existence1 by law of boards of trade that deal- In options on the necessaries of life, and demand that they be abolished.

Resolved, That we denounce the projected increase of tho regular army and regard the formation of permanent forts and garrisons near the great centers 'of population as a menace to, our free institutions. Resolved, Tlist we reeognlM in the employment of private standing armies In the Interest of corporations and great monopolies a serious menace to the liberties of the poople, and demand that the Pinkerton and like forces be disbanded. The planks in regard to the schoo question ana women suttrage were par ticularly well received, and tho plat form as read was N. M. Harnett, of Hallsville, De- Witt county, president of the State, Assembly Farmers' Mutual Benefit association, was nominated, by acclamation.

The ticket was completed as follows: Lieutenant-Governor, Chafaes.O.; Dixon, of Chicago; secretary of slate, Frederick G. Mood, of Mount Verhon; state treasurer, J. W. McElroyi of Kose-moiid, Christian county; attorney-gen-eraUMcsse Cox, of auditor of public accounts, S. 'C, Hill, of ville, Clark county; trustees of Illinois university, Samuel A.

Graham of Springfield, A. M. Smith of South Chicago, Alexander Piatt of Jacksonville; congressmen at large, Lester G. Hubbard of Chicago, Jesse Harper of Dan-rille. Chicago Herald.

Gen. J. B. Weaver, Mrs. M.

E. Lease and Mrs. S. E. V.

Emery are campaigning in Oregon now and the twins oj I that state are on the run. lands. -) But what is a savings bank, What but a loaning agency which will loan your money for you at 6 per cent, keep two of it for the service and pay you four? We may therefore drop the agent out of the rockoning and bring the borrower and lender faco to face and consider both their cases; for. for every $300 depositing poor widow there is another poor borrowing widow on whose homo rests the incubus of a $300 mortgage. When you legislate an increase of 50 per cent of value into the lender's $300.

you by necessary consequence legislate one-third off from the value of the mortgaged property, reducing her margin of interest in the home from $200 down to $50, with all tho jeopardy which that involves. Restore to dollars, by free coinage, their old-time normal and equitable valuo, and you give hor back her 8150 worth of property. Now I affirm as between these two entirely worthy widows the case of the house-owner should take precedence over that of the lender, by just so much as the person who profitably uses capital is a more useful citizen, economically, than one who draws interest Sentinel Public Plunder. Why, of course, here comes another trust Nothing can escape the mighty grip of the syndicate these days. When Ben Franklin harnessed the lightning, in a small way, he could not foresee how this subtle element was to become such an important factor in modern life.

Electricity is being utilized in numberless directions, and, although the mangement thereof is yet in its infancy as a science, the money kings have got together in the usual way, with the modest capital of about $50,000,000, and propose" to control -the whole business. The possibilities of such a combination are almost be yond conception. Where is this thing to stop? Almost every field of human endeavor is beset by the iniquitous genius of monopolizing trust The lightning of popular wrath' Itself will some of these days strike, and with terrible effect There is a limit to human forbearance in all things. The trust is the foe of American in stitutions, the enemy of the people. and -the time is not far'distant-when thoso engaged in these conscienceless Schemes of public plunder will find it out Philadelphia Telegraph.

Learnlnz by Experience. In South Carolina tho ringstors and bosses did, not quit robbing the people of their votes and cheating ihcm until tho farmer boys began to take their guns to the polls and demand fairness or blood. The way the boys looked and ihe manner in which they handled their fowling pieces seemed to impress the gentlemanly counter that he bad best be sensible and do the fair thing. It is hoped that matters will never have to take that turn In Alabama, Alliance Herald, Ala, Total Investment KEOEIPT3. By produce 8 acres-of- ootton 169 1-3 pounds lint cotton per acre, at 9'cents per pound 8,836.28 Farm, implements and pro- visions 10,000.00 13.806.28 Net loss to farmer annually 481.03 I gather from the above that the cotton farmer owning 300 acres of land got for his year's labor superintending the production of a crop of cotton, a bare, very "bare subsistence," including coarse, common clothing, and literally came out in debt for his taxes and $9.00 besides.

So far as his "economic rent" was concerned, he got nothing, absolutely nothing for the use of his land or capital invested in improvements, work stock, implements, etc. If the annual balance sheet had been for the crop year of 1891-2 with cotton selling for cents or less, our farmer must have borrowed as much as $1,000 to tide him over for another crop. This throws some light upon the causes which conspire to put the southern farmer in debt' Now in the case of this farmer it is shown that he expended only the sum of $725 for provisions, provender, clothing, doctor bills and taxes, and had to borrow $84 of that As there is no tariff upon provisions or provender, or doctor bills, the only reduction in his expenditure the single tax system would have effected is say $25 tariff on his clothing and $25 tax included in the price of his clothing, provision and provender, and also the $75 he paid in direct taxes, leaving his expenditure at $000 with an addition of the single tax "economic rent'' of $300, or 5 per cent upon $0,000, the value of the "bare land," allowing $2,000 for improvements. Thus we easily prove that the single tax would worst our cotton planter just $175 for the year. It will be readily understood that if the price of cotton is so low that the cotton grower is unable to "shift" his economic rent i- e- include in the price of his cotton the interest upon the value of his bare land, the single tax would have to come out of his principal that is to say, he must mortgage his land for money to pay it How is it with the grain grower of the west and northwest? Equally with the cotton growers of the south the victim of a damnable conspiracy between the plutocrats of America and England, his great staple,.

Get access to Newspapers.com

  • The largest online newspaper archive
  • 300+ newspapers from the 1700's - 2000's
  • Millions of additional pages added every month

About The Kansas City Daily Sun Archive

Pages Available:
8
Years Available:
1892-1892