, 1874-09-08

NOW that tAorc il short crop III oats ant
corn, anu whi!o wheat ia solling lower than Il
las sold for years, leaving tho whole agricultura
community with reduced means to purchase thu
necesHaries Of life, to pay taxes, and, it III debt
to pay intcrest, 1t is I'm appropriate time to con.
slider whcro thcy may mako good part Of tloi,
losses.
Tho cost Of producing tho short crops ol
oats and corn md tho low-priced wheat las boon
Us grcat us II there Ind bcen plentiful harvest,
Tho taxcs have been thr same, tho interest on
tho borrowed money aud on tho Investment has
been no less. The expense for repairs and 70.
noWals has In no wise decreased; and now, ut
tho close of tho years labor these producers flud
that thoy haYo to mcot al tho expenditures with
not much over one-lalf or two-thirla of tho
products Of m ordinary season. How
can they make two~thirds III 1874 no as
far as tho entiro proceeds in 1878.
whom every cont was needed last year to
moot tho currout expenses While there is no
way to increaao the receipts, perhaps the.o may
10 way Of reducing expenditures. Tho farmer
LAS to purchase al1 tho ncccasarics Of lifo not
produced Oh tho farm. After paying his taxes
and tho interest on Ills debt aud tile wages of
hiB laborers, 1t iakcs alt tho rest to moet uu-
nYo'dabo expenses. l1o las to purchase cotton
aud WOODEN clothing for himself and family, Ho
haa to purchase at least ono pair of b!anketa for
lis houso. 1o has to renow tue losses and
broukaso in household furniture, o,-lis glass,
crockory, earthenware, and cooking utensils,
He has to give cont Of paint to his house, He
has to buy boots mud shoes and hosiory for him.
aelf and family. lie has to buy somo new lar
ness aud other leather goods. Ho has to paya
bill ut tue blacksnitl's for nhocing his horacp,
anu iot putting now tircs GU Lis wagon wheels,
lhcBo arc unavoidable expenses. Thoy absorb,
IN nino casoa out Of ten, al that is left of tho
procoedb Of the years. labor, aftor paying taxos,
wages, and interest. II the proceeds Of tho
crop fall short ono-third, how arc these neces-
aary articles to DO obtained?
Tho law Of tho United States rlacoa on each
aud ovory ono Of theao articles special tnx mt
Tor tho support of the Government, but rs a
bounty or subsidy to certain privileged c1asses,
The extent Of this ta1--is moro widespread than
farmers generally suppose. On all those articles
oi Indispensable necessity there in an gyorape
tax Of 80 por cont. Assuming Tint a fu,1nar
aftor paying his taxes, aud his wages. and his
Interest, has tho sum Of $1,000 loft, with which
to purchase thoBo Indispensable articles and
Tint ho expended that sum in 1873, his money
'Yas thus nppliol:
r ,asd actual vano 81 gooa purchased 6ooo7
eala TAX OIL sumo, 60 pur cent. 33J31
...............,.......s1.010 900 10
Assuming that in 1874 tho net proceeds in cash
will be ono~third loss, and tho proceeds appiod
1s far aa they 20 to tho sumo purpose, vo haye
Ills result;
Actual value OF gooda purchased .s44.4 l.,
lax VI TIC same. 90 per ccut. cut..........,., 992o9
Total.... ,xoge,07 |
Now If this tax were paid to tho United States,
o be used IN meoting tho expenses Of tho Coy |
rumont, interest or principal Of tho public debt,
II cvon tho back pay OF Senators aud mombers |
II Congress-, tloro would be aomo kind OF q |
'rotoxt for its payment; but when 1t is romon1-
'osod that not penny Of this tax Is received By
10 United statcs, but s all collected by so-ca!lod
: Infant Industries" principally in tho Eastern
'tates' who have boen voted this bounty by Con-
'FeSs' tho Justice Of tho tar ia less evldont.
Aaat "'ntor tue Senators and Representatives
congfoas, after alz months delibcratiou,
loclafed they had no time to attend to a roiuc.
ION OF this tax; aud they postponed ii until
fter tho eloctious, just 60 tAeir predecessors
'aSo done for ten years; attor tue olcctious.
oth1ng moro has over boon hoard of tbo matter.
my farmer con understand that II this tux Of 10
of cont on o7orything ho has to purchase vors
opealed 1t would Offset the loss Of ono-thtra Of
ho crops, and III yoara whom tlcro Ia full crop
'ould leave him handsome surplus with which
, pay dohta or add to hls comforts.
horo mover was 90 favorable timo for pransiug
10 repeal Of this oxorbltant protective tax az now.
Int at the niueteen QougresBnen who no 10 bs