North Iowa times. [volume] (McGregor, Iowa) 1867-current, 1868-09-09
WHOLE No. 62l.
Equal Taxation.

Equal Taxation.
There is no ambiguity in the Democratic
platform on the subject of taxation. Lam
guage could not be made more clear and
perspicacious than the subjoined:
Equal taxation OF EVERY SPECIES OF
PROPERTY, according to it's real value,
including government bonds and securi-
ties"
1t means exactly what it says. 1t means
"equal taxation, ,'-exactly the opposite of
uncqal taxation. 1t means ''equal taxation
of every species of property, mot une-
quail taxation by levying all the taxes On
fivc-sixths Of the property and none at all
on the other one-sixth.
The first seven words of the resolution
include all that is expressed in the remain
ing ten words. Property of different
kinds, that is not tax, d upon pro-rata
ascertained from the comparison of real
value, is not taxed equally. If g.vernment
bonds be not included in the basis, then
property Of every species is not taxed
equally.
To tax lands, houses, cattle, horses, and
government bonds eq qually for federal
purposes, would not be equal taxation.
1t would be unequal taxation Of the most
outrageous kind, because lands, houses,
cattle, and horses are now taxed for state
purposes, and government bands are not.
The democratic party fights for equal
taxation and against unequal taxation.
The farmer whose property is valued at
SlOO,OOO pays yearly taxes to the amount
of s., 449 80. The bondholder whose honds
are valued at 100000 pays yearly taxes
to the amount Of only S37O. The demo
cratic party calls this unequal taxation,
and declares against it.
The total of taxes paid yearly by the
farmer and the bondholder is S2.SI9 90,
If taxation were equal upon every species
OF property,-as the democratic party say
1T ought to be, and as they intend to make
it,-the plowholder and the bondholder,
whose property is equal, would pay equal
taxes. Each would pay one.half of the
sum mentioned The plowhelder would
pay yearly taxes to the amount of 81 ,4O9,-
80, instead Of S2,449 90; and the bond
holder would pay l,4O9 90, instead of
the merely nominal tax of $3.50 which he
now pays on bis income.
This is what the democratic party means
ton; it don't mean unequal taxation.
What is there unjust, unfair, or unri ght-
eous in the proposition? What is there
in the democratic demand that property of
all kinds shall share in the public:buriens
"share and share alike p Chicago Times.
Charge to be Refuted.
1t is charged-and the official records of
a court of Justice are presented to support
it-that Grant, while in command at the
South, and when this government reserved
the right to purchase cotton from the rebels
for its own advantage. gave his father the
privilege to buy cotton. On this capital,
the elder Grant went into a speculation
with parties who agreed to furnish money
to carry on the trade. Mr.. Grant, Sr., was
to have one fourth of the proceeds for his
interest in the business 1t appears that
the moneyed partners refused to make good
their stipulations, and declined to divide.
MIR. Grant entered a suit to compel them to
share their ill-gotten gains, but it appears
he was turned out Of court, under the old
law axiom, that he did not come into il
with clean hands; in other words, that the
privilege his son secured to him was one h,
had no right to live, aud was on its face
illegal and fraudulent
| The Brooklyn Eagle suggests that ampl
time has been given to reiute this grav
J charge, ifit be possible to do SO. No a,
swer is forthcoming. We assure the Ra,
e icals that this accusation cannot be d.sr
y garded. No man, we think, will enter tt
# White House, as President of the Unit
j. States, while under accusation Of an often
n which, in the military service, would ha
it been punished by the edict of drum he
d court martial, which in civil life ought
e be rewarded by free quarters, not in t
e White House, but in an edifce of quite
!. different character. If Grant should
t elected President, the party opposed
e him expect to be able to treat him with
the respect and Difference due to the occ
: pant of that exalted position. If the char
made against General Grant cannot be a
swered in a satisfactory manner, the Rad
} calls owe it to their opponents, and certain
ly owe it to themselves, to substitute. eve
ut this late day, another candidate for tn
position of Chief Magistrate of this Re
| public. Utica Observer.