Indian chieftain. [volume] (Vinita, Indian Territory [Okla.]) 1882-1902, 1891-01-01

Il
! exceeding $1,000. the rate Of taxation charged
aud collected shall be; For the first 81 90
above the original 5000. one and one tenti
times the lowest rate.
For the second $1,000 above the orlRna
! 81 0OO one and one NTH times the lowes
rata and there shall be added one tentists
the rate OF taxation for each additional 81 90
OF value until the rate " taxaaon has be
come double that OF the lowest rate and the
original capital has equallcd $4,000.
Upon values exceeding $4,000 and not ex-
I ceeding 10000, the rate Of taxation charged
! and collected shall be; For the first 5000,
above the original $1,000, one and one tenth
/ times the rate assessed against $1,000. Fol
the second $1,000 above the original $1,000
one and one nth times the rate assessed
! against $1,000 and a like Increase OF rates
with Increase OF values shall continue for all
sums not exceeding sl00.0O0
Upon all values exceeding 100000 the rate
OF taxation shall be: For the first si00.0Of
above the original $1,000, one and one
tenth times the rate assessed against 100000
and like Increase of rates with Increase OF
values shall continue without limit.
Fractional values remaining after deduct
ing the total Of the units OF increase shall be
assessed at the rates corresponding TO the
next higher units OF increase.
IL will be observed that this plan Of
taxation would effect the prohibition Of
monopolies, If it did at all through be-
ing discourager in general to enlarge
nents beyond what constitutes ade-
quateness or completeness. Why it
would be better, 10 say nothing of the
benefits OF the absence of monopolies,
n all industries were only so large as IS
necessary 70 completeness and no larger,
| viii not stop here to answer dt not
sl.eing the subjeoS-S9der discussiapl any
further than 70 say that a system Of
small and thickly distributed wholes
would be far better for the people in
general than a system Of vast and wide
ly scattered wholes.
Case ,. To prevent consolidating, by
purchase. pool or trust agreement, the
entirety Of any particular line or class
Of establishments:
II any lot or parcel OF taxable prop
erty, separate and distinct from others, be
one OF two or more OF the same class owned
or controlled by the same party, firm cor
poration or association, the rate OF taxation
upon the value of said property shall be the
rate which would be imposed upon property
possessed Of the united value OF these prop
critics.
Case 3. To make the above provisions
effective, as against outsiders, II they
are the enactments Of an individual
State:
II any dealer In agricultural. mining.
manufacturing or other products. shall
handle. buy or sell the products OF trusts
and monopolles when those OF other than
trusts and monopoiies can be obtained for
mercantile purposes. the yearly average
amount OF such products kept In stock shall
b. assumed 20 be part Of the property OF
the trusts aud monopolies from whence the
said products were obtained, and shall be
subjected to a rate OF taxation equal to what
would be imposed upon a property pos
scssed Of the united value OF the properties
Included in the said trusts OF monopulies.
Now let ms come 10 the main qucs-
ton. Can the excess proportions of this
tax be shifted? If they can. the plan Of
taxation would be worthless as an in
strument for the prevention of monopoly;
II they can not il would prove to be an
efficient and wholesome remedy. by
the use Of some ideal, and then real in
stances, shall endeavor 10 demonstrate
a negative 70 this question.
Here are some ideal instances:
l. John Plowman owns 100 acres Of
farm land worth 81, 900; taxation at one
and one-tenth cents on the dollar,
S2e.50. by living upon his land and
cultivatiug it himself and managing it
to the best advantage he supports him
self and pays his taxes with compara-
tive ease.
The Scottish Landown & Slinum
Syndicate own 10000 acres Of land
equally as valuable per acre as John
plowman's. upon which they pay but
for rise. The Legislature possesses
a cumulative tax law and this syndicate
find their taxation 10 be over $50 per
quarter section. l. there any way
under the sun by which they can retain
their large acreage and crawl ont Of
paying the excess taxation from their
own pockets7 Can they shift Il onto The
renting class when that class will be
able 10 obtain all the land they want
from the owners of smaller and less
heavily taxed tracts? Could they hope
to make up for this extra taxation by an
attezaf. with hired help to produce more
cheaply than do those who own moderate
sized farms and do their own work. II
not, have gained my point so far as
this tax relates TO the prevention OF land
.. The Touring mill owners organize
a trust for the purpose Of lowering the
price Of wheat and elevating the price
Of -four; capital. s50,Ooo. 600; taxation
under the graduated-cumulative system
Of taxation. 10 to 50 cents on the dollar. I
according ~ the graduation is moderate 1
or rapid. 4 few mill owners in Kansas
and Missouri refuse to be controlled by
the trust and draw out. Undcr a
straight rate Of taxation what would be
The result? The rebellious mill owners
would be rapidly and completely
ruined. How would il be if Kansas and f
Missouri each had a graduated-cumu-
Iative tax law? The rebeliious or anti
trust mill owners. by virtue Of the low
er taxation. would undersell and draw
he trade from the trust mill men 70
such an extent as to force them into
bankruptcy if they persisted in main
tanning their trust There would be no .
shifting Of the excess tax.
8. All the railroads Of Kansas. except F
one Of the main lines. are consolidated +
lnder a single management and mp 60
their rates. Result. supposing there /
gas a graduatcd-cumulativc tax law.
same as that which would happen - I
he Touring mill trast. The attempt b.
.harge the excess taxation upon the
public would drive the patronage % the +
ow-taxed road and bankruptcy wo1ld I
be threatened 10 the trust. The effect /
lpon Tie railroads u such a tax w0nli I