The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1890-10-02
THE PRESENT CRISIS.
a Demonstration af tho Iniquity Of Ur
necessary Taxation.

Decentralization af tho Iniqufty Of I'm
necessary Taxation.
II the American people are disposed
to heed and profit by an object lesson
one Is now before them.
unnecessary taxation, says the DEM
ocratic platform, is unjust taxation"
Unnecessary taxation. furthermore, is
the parent OF troop Of ills which can
not fail to affect the people most inju-
riously.
Unnecessary taxation has drawn from
the channels Of trade. commerce and in
dustry SO many millions Of dollars that
in some quarters even legitimate busi-
ness Is seriously crippled. Unnecessary
taxation has caused the Secretary Of the
Treasury to ''set up shop" in Wall
street, where he seeks by questionable
methods to relieve the pressure, to
check the mighty flow Of money toward
the Treasury and to tide over the dam
gers that threaten.
Unnecessary taxation maintained in
the interest OF monopolies and other
tariff -buttressed interests is responsible
for Mr.. Windows policy Of buying
bonds not yet due at enormous pre-
miums and of paying millions Of dol
lars Of interest money that has not yet
been earned. These bonds are largely
held by the trusts and the com binations.
Among the sellers of bonds are the Van
derbilts and Standard Oil. What pri-
vate citizen burdened with mortgage
pays 1t of at the rate Of Sl.25 on tho
dollar or prepays interest?
Unnecessary taxation is responsible
for these Outrages, and would have been
responsible for widespread ruin but for
the fact that . profigate Congress has
set itself to the task Of squandering
these taxes as fast as they accumulate.
Confronted by such . crisis, the Re-
publican party has not in its member
ship single man who Is capable OF
suggesting an honest and an adequate
remedy. Tho Reeds and McKinleys
can propose nothing but mere taxes,
and they are about to be levied. Mr..
Blaine and the poor polls that parrot
his foolish utterances can suggest
nothing but reciprocity with few
South American States. Meantime the
golden stream, representing the confis-
Gated earnings and the wasted estates
of free-born Americans, pours into the
Treasury almost million and half a
day Of it. there to be used to buy of
bondholders, to pay interest not yet
due and to corrupt the poor with mex.
cusable pensions.
Is not that an object lesson? Whose
interest is 1t that taxes shall be main.
tained at this ruinous figure? Is it the
interest Of the farmer, the mechanic,
the laborer or the clerk? Or is it the
interest Of the men who have monopo-
lies to protect, bonds to sell and in.
terest to be prepaid?
The usurers and wiid-catters in Wall
street have the United States Govern
ment in tow. The taxes wrung from
the people to protect monopolies are .,
their disposal. They have only to call
and their cry is heard. Who hears the
plant Of the farmer and the laborer?
On the heels Of this demonstration oi
the iniquity Of unnecessary taxation we
are to have a new tariff tax that will
search out every consumer in the land
and lay its mandate Of pIunder upon
him. Ii any one has escaped hereto
fore none shall now 60 free. All thai
Is worn. all that is eaten, all that Ii
used, the medicines Of the sick, the
tools Of trade, the shelter from the
storm, the dish in which poverty cook.
its scanty meal, the fuel, the bed, ever
the starry flag whose glory has q
length been tarnished by injustice
hereafter every thing will pay tribute
to error and greed.
We have reached the parting of the
roads. Monopoly and privilege will
not willingly turn back. For the frs
time in our history they demand q.
their right that which for years ha
been obtained only by treachery ant
indirection. Will the people conced,
their claim and take the known conse
quences?-Chicago Herald.