The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-02-26

Thcc nrurs speak volumes IN the county Of
Adelaide mot oi the money borrowed has been
spent Railways roads hnrburs public buildings.
etc. arc thcrc In pr1iusion. with the result shown
above. The land has nlrcidy ncluircd q fabulous
price the uncarnel increment amounting 10 over
tiA0nO1n aud the cultl,nior dcbnncd from ~
nee. The other couuiy realized considerably more
has nearly twice the nfca undcr crop. with nn un.
earned Increment Of lc. than CaoUO A. the Ia.
cal rates will now be- lc,icd on land values only
the selling pficc u lowered accordingly with no
prospect oi going MP again. land kcIi idle til
nov cinnui bc kept ult ut he much l1ngcr cor
with the tax II can no longer d. aid 30 doesn't
cat' Ilut ns soon ns land 4 thrown ou the market
10 must boat discouni iur our present population
could not cultivate morc than one thiri of the ana
allcnhtod Therefore IL T. not the tax only which h
thus shifted ir,m industry io iaud values but the
rgnis at the land iisei must b. considerably
lower In other wori.. tho land munppolsis have
t0 rplhx their iron grasp. tct us draw another les
IN from the nho,c nTurrs A. I have already
pointed out che pUacut tax Of a I'M the pound d
paid ON the unimpuycd value while the Land
Naturalization soClcty advocate that the purchase
money should De- exempt. aud the uncnrnci incrc.
mrut only taxed n this wcrr done. Ferguson
would. " the hhlfpcnny tax were doubled not
have in pay o. much as at present. while the tax Of
adelaide would ho ncafl, double what d nov pays
With such iars ani ngups IL will BE- sewn how
much easter our tnkis Ia south Australia than II
u hCW know oi uD other country whcrrihc p0n.
ditnus iur this ruHift Of al reforms arr to fayom
bic o., In this colony aud u thc agitation s k,pt up
- aud about this have mo- doubt land Wiourr
In other part will soln have country 90 point tn
whom the thcudcs of tho dwnmcu have bg,l pat 10
practical trst
The results OF this experiment will be
watched Tor with great interest gy the
people OF the United States. who have
been 10 long the prey Of q system Of
State, county aud municipal taxation that
falls with a hundrcdiold weight ON the
cntciprising men who build handsome
houses aud inc blocks Of business houses
within the limits oi cities. and who aro
thus opposed To Hpcculaling Ia the earn.
ing capacity Of . whole population by
holding vacant lots until they acquire
great value hy the improvement Of the
surrounding property. nui &c IL not only
the opulcnly ontcfprisIng classes who
build thcatcr, music hhHs hotels aud
great business Hooks that nrc 10 be bcnc.
Gicl by such law ~ this Of South
| Australia. Tho mon OF small means who
are always in the majority and who can.
not hold hand ior speculation. the mon
who arc compelled 10 cultivate farms or
build on lots, these will be- the special ben.
cGciaucs Tho average white man Of Mem.
phis owns bis homo place and Is taxed
very close up 10 iis value. There Is NO O..
cape Tor this class, holding the bulk Of the
taxable real estate. They have 10 pay. no
matter what comes or goes aud there Is no
rebate or reduction Tor them. For them
o. for all improycu Of real estate this South
Australian law contains the iullcs, meas.
urcoi relief, and In their interest Tur Ar.
rrAtwll watch for, and publish the rrsulu
which cannot hil ll) 10 ircc all indus.
tries and occupations from taxation, CO.
to ircc improvements from taxation aud
encourage cnlcpHsing men to build. l3l
10 secure q rate Of taxation based on real
values and a. to cqulIizc tho burden Of
municipal taxation to ull alike.