The midland journal. (Rising Sun, Md.) 1885-1947, 1891-12-25
NOTICE TO SUBSCRIBERS.

The first is that class method Of doine
which consists in exacting high rates
OF interest for money; in fixing mo-
nopoly charges for rent; in compelling
you to pay combination prices for what
you buy and to take such prices a. the
spectators choose to allow yon for what
you sell; in forcing you to accept lock-
out rates of wages--in short, which
consists of the extortions practiced BY
the classes upon the masses. This Is 8
system of regulation, the whole ten
dency of which is unduly to depress
the common interests and elevate the
class interests, and which will regulate
the entire possessions of the masses
into the hands of the classes unless
something is soon done to prevent It
It is taxation, for though imposed by
the classes instead of by law and slight
~ varying from the legal method, it
directly affects expenses and profits,
and is, therefore, conspicuous illus.
tration that taxation, no difference
how laid, does regulate.
The next instance is the present
common or state method of taxing the
people. What is it? It is the method
of taxing the middle class at much
higher rate per cent than the rich,
through allowing the rich to be ex-
empted from or to dodge . large
part of their share. As it must be ad-
mitted without argument that this
practice serves to unnaturally depress
the industries belonging to the COM
mon people and to unnaturally accele-
rate those belonging to the classes, and
to intensity the tendency of the class
method above described, it is another
most positive example of the theory
that taxation does regulate.
As this article is already becoming
too long, will cut it short by stating
few facts which will, in view of
what has been said in the foregoing,
undoubtedly be immediately UNDER
stood:
l. Taxation does act as a regulator Of
the course and relative progress Of In
dustries.
q The classes are rapidly transferring
the business and wealth Of the nation
into the possession of themselves by
q system Of taxation peculiarly their
own.
The present state method Of taxa
ton serves only to add to the advant-
age Of the classes.
The conclusions to be derived from
the statements in the foregoing may be
up as follows:
1. Public or state taxation il unayoid-
able.
q Such taxation does regulate, ire
spective Of whether it is designed to or
not xsss.
8. Glass methods of taxation exist
the tendencies of which are to regulate
or convert the industries of the people
from those of competitive and medium-
sized esta tablishments controlled by the
many to those Of consolidated and
enormous sized establishments con-
trolled by the few.
4 The public method regulates in the
OF the class methods,
From these conclusions we derive an
other set, which are as follows:
l. The class methods should be abol-
shed. .sgs
q The public method should be re-
formed
This brings us to the immediate con-
;ideration of the subject which forms
she caption of this article. What Is the
AK solution? It is such modification
If the present public taxing method as
will cause it, without being affected in
,ther respects except for the better, to
be not only non-facilitator of any Of
The class methods, but a positive pre-
ventive of q large portion of such
:lass methods.
Before offering this system let me
state specifically what these class
are, then can better point
,ut what we do and what we do not
expect to remedy by the system They
are as follows:
L The contraction of the currency
md the exaction Of exhorbitant rates
If interest.
q The monopolization Of the land
and the charging Of exhorbitant rates
IF rent
s. The consolidation Of business and
enterprises and the lx-
ng Of prices in their, the classes',
interests.
4 The public tax favoritism of them
selves through getting legal exemptions
md practicing assessment undervalua-
,ionR
Here are four class methods, three Of
which we expect to remedy by the pro-
posed reform In our system of taxation
Those which we expect to remedy are
he last three, the first being remedied
'nly by taking the power to issue the
away from the banks and
'esting 1t singly and purely In the gov
srnment We will remedy the fourth
abuse by adopting the proposed public
'ystem In lieu Of the present public
'ystem and properly enforcing it while
We will make use Of it as a regulator
% remedy the second and third abuses.
Herewith is plan of the proposed
'axation which shall follow with an
of how 1t is to be applied
n order to be q remedy for the abuses
subject to its operation:
TABLE or CUMULATIVE TAXATION.
COPIED from an article by Charles NJ.
Howell, in the Chicago Daily News
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