Urbana union. [volume] (Urbana, Ohio) 1862-1872, 1870-09-28

! NOdl lUO
do not propose to go into details up
on this subject, but table prepared from
| data, furnished by Commissioner Wells,
Republican as he is, shows that in order
to get about 81 100000 into the TreasU-
Ty, the people have to pay to the pro-
! tected interest, about SS52, ,000,00 I'm
/ der this protective system the poor are
continually growing poorer, and the
rich, richer. While the wages of labor
! ing men have advanced since 1861 on
an average 60 per cent, the cost of liv-
! ing has increased 80 per cent, and the
purchasing power of wages constantly
diminished. Talk about pGUper labor OF
Europe, when the working man in Eng
land at his low wages can with fe1Uey
days purchase more goods. The printer
in London can exchange the wages al
nine days, six hours and thirty minutes
labor for good suit of brOadclOth cloth
es, which will cost the American printer
tJUcyUC days labor. An EngIishman gets
six shirts for three days and five hours
labor, while the American secures that
number in five days. A pair of calf skin
Wellington boots, cost the English COM
pOsitOr two days and half labor, while
the New York printer must labor three
and half Gays for protected article Of
all inferior description. One weeks wa
ges Of Il female operative in wooden
mill in New England is S7,62, which
will buy here 124 yards of alpaca ato60c
yard, while in England the fame class
of operatives at So. wages per week
will buy the same kind of alpaca for
1Sc a ward, or lS} yards, because our
protective tariff duty OF alpaca is 613
per cent. A farmer with nine bGglels
Ohio wheat can at present buy five hole
stoves in New York for Sc, so but in 1860
the same stoves could have been bought
for less than five and three-quarter BUSH
els. However, it is useless further to'ar-
que this question before western men,
They fully understand that they want
to buy where they can buy cheapest and
send their produce in exchange where
they can get most for it. They prefer
purchasing Liverpool or Cadiz salt for
Is or 20 cents bushel, instead of pay
ing 40 or 45 per cent, for the same Amer
ican article, in order that the lessees of
the New York Onandaga salt works
may become millionairs. The western
leaders of the Radical party know this
is the feeling of the voters, and there
fore they Shirk the issue.
TAXATION.
The capitalists have exempted So IOO,-
100000 of bonds from taxation. The
Democratic party demand in their plat
form that they should be taxed by Con-
greSS to an amount, equal to tue aver
age of State taxatiOn,i which is about
two per cent. and thus contribute to pay
their share of the National debt. Sup
port no man for Congress who will not
vote for this just and equitable tax upon
the bonds which will aid the treasury to
the amount of forty-two millions of dol
lars. There is no doubt of the power of
Congress to levy it, On this subject,
Professor Perry, a Republican distingu-
ished as a free trade lecturer, says in
his Political Economy page 49l: IF 1
can sell it at any time to third party;
it pays me interest dd interim and 1 can
collect it at maturity. Government,
therefore, properly taxes me for that
credit in my possession. It is part of
my properly. The holders of the Gov
ernment bonds occupy an economical
position exactly similar, They have a
lien on the National property and in
comes. The credits they hold are VEN
dible commodities. They are a paper
beariug interest. They can be collected
at maturity. They are indeed exempt
edlby law from municipal and State tax
alton. That was a legitimate induce
ment, held out to every body alike to in
vest i'll the bonds. But there is no reason
why the nation, having withdrawn them
from town and State taxation, should
not itself all the more subject them TO their
fair share OF the National burdens.