Daily Republican. [volume] ([Wilmington, Del.]) 1874-1890, 1890-03-24

Wnero you 6tnuu Mreauy. Your father
and my father stood together. but their
sons DON'T"
Mr.. Murphsy still contendod that tho
resolution WAS In conflict with tho call oi
the meeting, and bad he been chairman
he would have ruled 1t out OF order.
Mr.. Hossingcr, in order to pour oil
upon the troubled waters, moved that
the resolution be referred to . commit
tee OF three to report at the next ineot.
ins.
J. W. Cooch said there would he po
other meeting for several months and tho
elections would bc over.
VIM. Cooch thought IL was queer shat
such question couli not be discussed
without regard to politics.
Mr.. Murphey declared that II the dis.
cussion proceeded he should want au
hour and hAlf Tor bis speech.
Mr.. Dilw0rth said that tho subject
should bo discussed, not a. prote tionists
or free traders. but seusibly aud relsona-
bly,. The farmer 10 In miserable con-
dition aud day by day he grows wor Q.
For the past twenty five y-ars tLs
farmer has had protection with . ven.
geauce. Tho farmer to succeed must
have free exchange Of commodities.
Mr. Dilworth said he Was an ultra free
trader.
William Cooch moved TO limit the de.
bate TO nve minute speeches.
j. W. Cooch inquired when the neg,
meeting Of the institute would be held.
1.-THE day after tho election" was the
reply Of some one In the audience.
Mr.. Higgins snid that II the tariff was
to be discussed at the next meeting be
Should certainly absent himself. The
taritf Is not n practical subject 10 d.scuss.
1t Is u fire braad thrust Into tho meeting
OF the institute ard will cause discord.
TITO way for the farmer to bet or Lis con.
dition 10 to compel the party organiza
titns ~ put up men accet table to him.
Mr.. Dilworth exi Bes.ei himself a,
willing 70 leave the matter to commit
tee
Mr.. Hossing RS motion to refer to ,
committee oi thres was then put but the
ayes aud nays appeared to bs 30 evenly
divided that a division was ca led Tor
when 20 stood up in iavor Of the motion
aud only voted against II.
The President appointed Messrs. Hoe
sinesr, Skinner nni Higgins said CON
m!tlec, but Mr.. Ilig.ins declined oeryln,
upon any committee that attempted I,
deal with any political question OF th,
day.
David J. Murphey was ten appointed
but hc detllnin4, Mr.. HomewUol &C
copied the appointment.
The tariff war being over, Presiden
Black Introduced Poocrt j. Finley O
johns Hopki,s University, who read
iorty-fve minutes address on "Loca
| Tsxation."
In the course Of Mr. Finley's addres
le said Delaware forms an exception 4
the general ru In that she places n,
tax OIL real or personal property Tor Stat
purposes, but derives her revenues fion
sources which the ajority Of States rel.
upon only Incidentally, viz: taxes ol
banks, railroads, insurance coinpa nies
from licenses, fees. etc. Tho local al,
taorit,es OF Delaware, however, deriv
revenues from tax on real and persona
estate IS Is the practice In other States.
Al the beginning Of this century, sal
tho speaker, the wealth of the countr,
consisted tor the greater part OF real CO
tate, and the part that eamo under til
head Of personal property was compare
lively small In value and not easily coh
cealel. That was before the ora Of raI
Idly growing cities, when the tax assssso
ceuld 90 bindfoldod into Q house an
easily discover ali tho personal proper /
i shososA W nhhMUabk ovoE
| II was at this time when 1t was easy I.
tax all property In proportion to th
ability of each holder to pay taxes tha
the present system OF taxing real an,
personal property was foisted upon ihi
country.
So long as personal property rem Aine
tangible and visible the system worke
well and conformed 10 the principle {
taxation which have given. But q rapi
concentration of popu alton aud accom-
papyIDg wealth into cities set 10. Pei
sonai property began to increase out {
proportion TO real, and the faster 1t IL
creased tbe less tangible 1t became an
the IN orc diinoult Il was for the tax asseI
sor to reach this class of property.
1900 only about l-25 of our populatIo
lived In cities, now u and the concentr
tion continues st rapid rate. making
more difficult each day to discover pei
sonal property in It, entirety.
The lecturer argued In favor OF
single tax aud said that 10 1886, the M
gregate assessed real eetata OF KeI
county yielded t51, ,l49, while the pc
sonal property OF that county yieldt
only u, $50 the tax rate for that yc,
being As cents on the 500.
Remove the tax on personal proper
| feuo hou SGhee pcs viVV W ktC tAA Z
real estate aud It will be seen that Il
returns yielded by this slightly increas,
tax on real estate more than covers Il
combine d proceeds OF real estate and pc
sonal. This change would not impose
heavier burden on the farmers OF Ke
county. They would be relieved fro
, any payment of taxes on their person
estate and could hardly object to the Il
, on their real estate being raised from
to 30 ccnts on the 500. They sure
/ would not lose by tho change, and CO
+ tainly tho tax could be more fair
i assessed upon real estate alone than up
both real aud personal estate.
l The speaker then argued In favor Of
! state tax on both direct aud collater
q inheritances, the proceeds Of which to
4 distributed among the coutIcs to the rel
OF real estate to tako the place Of t
: present county tax on personal proper
| II 1t were abolished. Tho amount =
4 cured from collateral taxes In Delaws
4 In 1856 was $4,000; in Pennsylvania
!. i've per cent. tax realized, In lss
1 $500, 900, and In Now York 81, 900, 900.
a Passing on to muuicival taxation
. speaker argued In favor OF cities ownil
Q their own gas, electric and water worl
and to secure such help from privs
!. The address was listened TO with I
greatest attention and at the close
n hearty vote of thanks was extended
d the speaker.
3 A letter from Hon. George II. Ba
was read, from which the iollowing (
q tracts are taken:
. Mr.. Bates being detained by ind!spo
d tion made his excuse, said the pro
10 perity OF the agricultural interests OF
% ountry 10 the essential basis of gene
Il pr osperity. Out OF the ground COLI