davidaulloa/AmericanStories huggingface dataset:
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01

The Y. NJ, G. A. boys will meet, ac-
cordlng to present announcement,
at B o'clock tomorrow afternoon. An
address will be delivered by Mr.
I. II. Davies, who has just returned
from England Major Russell of the
British army will also address the
"hOYSn
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01

"THE MASCOT" to he played tomor-
row evening by the New York Opera
Company will undoubtedly be one Of
the most enjoyable operas given ly
that popular troupe. Miss Fanny
Myers will star it in oneof her special
ties, "Bcttina the Mascot" Seat.
should be reserved earlyat Mr., Leyey's
Office Messrs, Legcy and Hamilton
deserve to be well patronizcd ON this
occasion, as those to whom the com
munity is indebted for the visit OF tn :
excellent company.
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01

Mr.. George Ross, manager of Haka-
lau Plantation, and Miss Katie Lish-
man, will be married at Central Union
Church tomorrow afternoon A we'd
ding reception will be given by the
brides parents, Mr.. and Mrs. Robert
Lishman, at their residence, Keeau-
moku street, from 8 80 to 10 p M
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01
CAaC0ES FROM ISLAND FORTS.

Stmr Kiuau-2030 bags sugar, "a sheep,
40 pigs, 203 pkgs hides, Is pes koa
lumber, l COW and calf, 40 bags
spu ST bags corn, l20 pkgs sun
dries.
Stmr Kaala-l434 bags sugar and 100
bags paddy.
Schr Mary 1000 bags paddy.
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01
oysters ! Oysters !!
DON II

imagine because the Aermotor is Il
new thing on these Islands that it is
not a good machine. The antique
wood affair was new once and people
looked upon it as being fairly good
mill but this is an age of improve
mcnts and new ideas are nearly al
ways better than old ones People
who have tried the Aermotor consider
it superior to any other mill in the
market, you will
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01

NEXT Saturday the Sunday school,
choir and members of the second CON
gregation of st. Andrews Cathedr
will have a grand picnic at Pearl
City. The popular pastor, Rev. Alex.
Macintosh, has charge of the ar
rangements and it is expected that
over five hundred persons will be
there.
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01

Mr.. Lincoln d. Spencer, Inspector
General of Immigrants, returned on
the Kinau after having made thor
ough inspection of the plantations on
the islands of Maui and Hawaii. He
met with fine weather.
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01
DitD.

PATY--At Schenectady, n, Y, March
22d, at the home of her daughter.
Mrs. J. j. Yates, Mrs. AIRY Patty,
relict of the late commodore John
Patty, aged 76 years.
NALMGREN In Alameda, Cal March
7, 1891, arrie, beloved wife of the
late N. NJ. Malmgren, Il native of
Brooklyn, n. Y, aged IL years 6
months and days. Mother of Mrs
a. Wenner of itonolulu, II. |.
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01

ABOUT $1,000 worth of horses and
mules WAS sold at auction by Mr. Le-
vey for Mr. Nathan oday. Some OF
the animals were withdrawn, as there
was not enough demand to complete
the sale.
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01

THE many friends of the Rev II.
H. Gowen will be pleased to learn
that he is enjoying good health. On
February 2lst he delivered lecture
in the Town Hall, Yarmouth, Eng,
on "The Paradise of the Pacific, or
Hawaii and Its People" There was
also native music and singing, Nine
hundred people attended the lecture
and Mr. Gowen received quite an
ovation for his brilliant efforts as a
lecturer.
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01

The annual eight-oared boat race
between the Oxford and Cambridge
University crews was rowed in Lon
don over the usual course, from Put
ney bridge t the ship at Mortlake, n
distance Of 4 miles, on March Dist,
and resulted in victory for the Ok
ford eight by a quarter OF a length,
time % minutes.
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01

Merchandise Co and G Wilder q Co,
assorted merchandise. Mar 81, stmr
kinau from ililo aud way ports
Departures Mar 20, schr Kuamanu
with sugar Tor EIonolulu; Mar %. stmr
Kinau. Clarke, for Hllo and way ports;
Mar 81, stmr kinau for Honolulu.
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01
MEETING NOTICE.

7 He regular monthly meeting of the
Honolulu Arion will be held THIS
"wednesday EVENING. at 80
O'Clock, at their hail. A full attend
ance is requested
CIAo AUG. STUHLMANN,
- III Secretary.
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01

Mrs. PATTY, whose death at Schen-
ectady, New York, is announced, WAS
the mother of Mr.. John H. Patty of
Bishop q Co.'S bank. She was a resi-
dent of these islands for many years.
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01

AT II o'clock noon tomorrow, in
front Of Aliiolani Hale, will be sold at
public auction a piece OF Government
land on South street, Honolulu, con-
tanning an area of l7-l00 acres.
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01

AN accident at Waimea on this isl
and yesterday is reported by the Bell
Telephone Central. Three native men
were driving in a brake up a steep
hill. Their weight pulled the horse
back and they We're thrown out. One
man had an arm broken, another "a
leg broken, while the third escaped
without much injury.
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01
ASSIGNEE'S NOTICE.

w HEREAS, TAM, doing business
w un 'er the firm name of TAM q
Co in Koloa, Island of Kauai, has this
day made an assignment of all his pro-
perry in trust, to the undersigned, for
the benefit of his creditors. Therefore
the assignee named below hereby gives
notice to all persons, creditors of the
above named party, to present their bills
TO bin, on OF before June lst A ID. 1891.
And all persons owing the above named
party, are requested to make immediate
payment to the undersigned.
ii. WATERHOUSE.
Assignee for TAM IL Co
Honolulu, March 81. 1891. 7G 2w
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01
ShIPPiRG NOTES.

The steamer ? inau will sail for Maui
aud Hawaii Friday, Aprl 3, at pm,
The steamer Is inau brought this morn
ing from WudNard ports 2030 bags
sugar, ~ sheep, 10 pigs, eos pkgs hides,
Is pcs koa lumber go bags potatoes, 7
bags corn, ! cow aud Gait, aud 10 pigs
sun tries,
The steamer q e Bishop has been
lowered ON The Marine Railway
Tn Steamer haala Whod his moru-
Ing nom the NWdNupl -lr ul The
Island vet lwdui, captain liagllu rc-
uuII- liuu weather
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01

DR.. E. r. Holmes, who arrived by
the Australia, is to take the position
Of district physician for Makawao,
Maui. He was formerly on the U. S.
revenue cutter Bear.
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01
DIVIDEND NOTICE.

4 DIVIDEND will be payable to the
~ stockholders of the Haiku Sugar
Co., on March 81, 1891, at the Sflice of
Castle q Cooke.
j. b. AThERTON,
20 ~ Secretary.
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01

Mr.. N. S. SACHS has just received
per steamer Australia new stock OF
millinery and dry goods, which will
be open in a few days.
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01

huNe N.I .H .Uu kuIuWaHHimu
IHHHH Nr.l .m hiWl HIkrt
Uu fWHHH. 800 .u WUi A. NWIh,
IuuH .HlI.u..H.U lIHNtIHu RH|-
HHI Asa m.I-HU.I uHHHH lWIH
uH n q iNHtr knhNa onyH M
lHH AW im ~ y ilWl lhNalNn
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01
DEPARTURES.

April /
Schr Mary for Kauai
Schr Sarah Il Eliza for Koolau
Schr Mary Z Foster, Berry, for Layson
Island
Stmr Lehua for Nuu and iIonomu
Stmr Mikahala for Kauai at D m
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01

A BoY with horse to carry papers
is wanted at this office.
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01
LOCAL & GENE RAJ NEWS.

The Beaver Saloon has fresh frozei
oysters.
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01

THREE cases Of drunkenness for
feited bail in the Police Court this
morning. Civil cases occupied the
rest Of the day.
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01

THERE is telegram al Messrs. w.
G. Irwin & Co.'s for Mrs. E. II. owen,
who arrived by the Australia.
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01
ANZE}GE.

I ERR PASTOR ISEN BERG wird am
H SONNTAG, den ) April, Vormit-
tags II uhr einen Deutschen Gottes-
dienst in der Y. NJ. &. A. Hail abhulten.
773t
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01

The regular monthly meeting Of
the Honolulu Arion will be held this
evening", at 80 o'clock.
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01

THE S. S. Australia will sail for San
francisco next Tuesday, April It'll.
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01
d "a ~
VJa'Ig .D"'lrt'H
WEDNESDAY, APRIL /, 1891.
ARRIVALS.

NpTII :
Stmr KHAN from Hawaii and Maui
Stnr kaala from circuit Oahu
Schr Alika from kona
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01

THERE will be an informal hop at
the Hotel after the band concert this
evening.
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01

HERR Pastor Isenberg will preach
in the Y. NJ. G. A. Hall next Sunday.
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01
Total Paid POiicY.EsOIders. 49,.

Louis Fitzgerald,
Henry A Hurlburt,
Henry G Marquand,
VIM A Wheelock,
Henry Day,
NJ Hartley,
II NJ Alexander,
Chauncey NJ Depew,
Charles q Landon,
Cornelius n Bliss,
e Boudinot Colt,
Alanson Trask,
John Sloane,
5 Borr0we,
B Williamson,
Eugene Kelly,
John A Stewart,
Geo G Magoun,
VIM NJ Bliss,
VIM b Kendall,
q w Carleton,
f w Lambert,
II S Terbell,
Thomas S Young,
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01

Rector of Trinity ChuIc
San Francisco, Mar. 3.
The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1891-04-01

John j McCook,
Daniel ID Lord,
II J Fairchild,
VIM Alexander,
Horace Porter,
Edward w Scott,
c b Alexander,
Geo Def l. Day,
John d Jones,
Levi p Morton,
John A Mccall,
Charles S Smith,
Joseph T Low,
A Van Bergen,
T Dewitt Cuyler,
Oliver Ames,
Eustace c Fitz,
S Ii Phillips,
Henry h Wolcott,
Gustav G Pohl,
J f DeNavarro,
James IL Durham,
Daniel r Noyes,
Waldo Adams.
The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1891-10-23
NO. 52

factory results would obtain here II chs
referendum Nye-e esta 0lished, the char
acteristics OF the people being 50 es-
sentially different The Swiss con-
federation has, &c is true, many points
of similarity with the United States,
but there are also wide divergencics.
There are in Switzerland twenty-five
states, differing widely in area and
population Three OF these are divided
into half-Cantous- In extent these states
vary from 2.7s4 square miles for the
largest and down to Il square miles for
the smallest, and in population from
533, 600 TO -, 600 The total population
Is about s. 600. OOG About seveutv-ous
per cent Of the population speak Ger
man. twenty-one per cent French and
hve per cent Italian, and
the constitution provides that
laws shall be printed in all
OF these languages While, unlike the
United States In this respect there is a
decided point OF likeness in the organic
sovereign ia SO far as their sovereignty
is not limited by tho federal coEstitu-
ton aud its subjects exercise Ell rights
which are not delegated 20 the federal
power Then refe- udum is also made
TO apply TO revisious Of the constitu-
ton A revision of the federal organic
law is made by tine assembly when
both houses agree that such procedure
is necessary or when 80, 600 voters de-
maud IT, The work of revision takes
place not through any special agency
invoked for the occasion, but according
20 the usual process of making law.
The document as finally passed by
both houses must be submitted 20 the
popular vote II it receives the Gp-
proval of a majority of ali the people.
and at the same time a majority OF all
the cantons. the revision becomes law
and goes into effect as soon as pro-
mulgated by the federal council. The
Importance Of this institution Of the
referendum upon legislation can thus
/ be seen, and its working appears to be
entirely satisfactory. A study of its
/ operation proves interesting when COM
pared with the constitution here, aud
] analogous constitution st Paul Dis
patch
The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1891-10-23

what VIII the FIutoerats Do u the Pes-
pie are suCeasaruJ ia ths Battle OF Bal

what VIII the PIutoerats Do u the Pes-
pie are Successful ia ths Battle OF Bal
IotsF
Suppose that the people of Kansas
should take It into their heads TO elect
a pure judiciary who would con-
slider the claims OF justice rather than
musry precedent OF a forgotten past
or a stretching OF the law to cover the
demands of cOrporats induences-in
short. men who entertain ideas ip bar
uaouy with tbs alliance demands, and
this in spite Of the cry Of the old party
political hacks that the good name and
credit of the state Is in danger, what
then? In other words, and direct 70
the point, what VIII you republicans
and democrats who are CON hiEing to
defeat The peoples party in several
judicial districts IN this state, DO 81 the
peoples party elect their candidatea2
The rank and dls OF your parties
would submit, but veil tell you what
your leaders are fully capable Of doing.
II tde Woret comes - the worst tn
this country in which the contest for
The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1891-10-23

SAM WRIGHT, colored, was hanged by
a mob near Helena, Ca, for assaulting
Miss Ada Beelcwith. He denied his
guilt, but Miss Beckwith positively
identified him
DR J. 4. P. BAKER, of Abingdon,
Va, convicted of the murder of his
wife by poison, has been granted &
new trial
GEN. w. II. +. LEE, second son OF Gen.
r. Z. Lee, died at RavenwOrth. Fair
fax county, Va, aged 81. Gen Lee
had represented the district for two
terms in congress and was a member
elect of the next house
DR. SEYMOUR BULLOCK, a prominent
republican and Grand Army man, was
killed at Mobile bay, Ala, by Thomas
p. Brewer, an ex-confederate. Bullock
had attempted to kill Brewer and was
shot in return
ALLERroS easily defeated Delnarch
in the races at Lexington, Ky.
CIEAVEs & FLETCHER. wholesale and
retail dealers in hardware and agricult-
ural impls at Gainesville, Tex,
have made an assignment Assets,
S235, COO; liabilities. $500. COO.
A MESSAGE from Colum bia, Tenn,
says the Columbia Banking Co, capital
S1OO, 600, and Bank of Colum mbia, capital
$50. 600, had both made assignments
The failures were caused by inability
to collect
CoN. NATHANIEL DUNCAN INGRAHAsa,
formerly of the United States navy,
died at Charleston, 5. C.
A SLIGHT earthquake shock was felt
in East Nashville, Tenn Itlasted about
eight seconds and moved up in q south
eGsterly direction
AT Clifton Forge, Va, some drunken
negro miners created a disturbance.
In attempting arrest white man was
killed and another injured. Four of
the negroes were jailed Later mob
took them out and hanged three
MANY Cinnamon are entering the
country by way of Mexico into Texas
A LETTER from Rio Grande City, on
the Texas frontier, says: Sunday morn
ing on the Afexic5n side three men.
charged with being revOlutionists, were
shot by the government forces under
command Of Gen Lorenzo Garcia
The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1891-10-23
OBSERVATION-DISCLOSURES TAX.

It Win Accomplish All That q Graded In
come Tax Can DO and Very aEuch More
That an Income Tax "a FoWeFIes1 60 Lzr-
feet
A graduated income tax is a tax
levied upon all ascertaineG or returned
incomes, such tax increasing in per
centage in a certain ratio 70 the amount
of income revealed or returned It Is
conceded that such tax, if there were
no perjury praeticed and all incomes
were honestly revealed or returned,
would be q good thing as far as It went.
But such a tax would have no tendency
to crush out or destroy monopoly or
trusts, nor would itcollect any tax at all
from the mOnoPolists, who owning
large bodies or innumerable small
tracts OF unimproved land producing
no incomes, simply holding such land
for a rise in price. The land monopO-
list is one of the principal individuals
whom it IS sought to reach and elimi-
nate by an improved system OF taxation
A graduatcd-cumulative tax Is a tax
levied upou unused and uuoccupied
land and upon all improved real
estate used for income producing pur-
poses Residences and their grounds
would be exempt This tax is levied
on all stocks. bonds, money and evil
dences of indebtedness, and upon all
personal property used for purposes OF
The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1891-10-23

The TnriT win Not Isc the Issue Iu tHs
HLomsatuus Conflict of EsBg.
The papers that are always claiming
the tariff as the only issue ia the next
campaign have been repeatedly chal-
ieuEed through these columns 70 show
that the tariff could be reduced 90 per
cent and the expenses of the govern
ment met without a special or direct
tax 20 meet the deficiency. None huva
accepted the challenge or dared to
make the issue The reason is very
substantial and good why they failed
Il could not be done. Here is the
demonstration The total revenue
of the government for $500. was iu
round numbers S403, OGu, 600. Tariff
dues yielded Ss20. GOO 600 of this
amount Deduct 20 per cent of rhs
tariff dues, or SIS, O0O, 600, and there
would be left total revenue of $3.50
600, O0O. The ordinary or current cN-
peuses of the government for 1890, were
S3ts, 600, 600. Deduct S3is, Goo 600 from
S355, 600, 600 and there would remain
i So, 600, OGO, in excess of revenues for
1880. But the billion dollar COM
/ gress appropriated billion dollars
/ for the purpose of depicting the
I treasury and rendering IL impossible 70
/ reduce the tariff, aud that was effectual
\ in wiping out not only this S3T u03, 600
] excess, but also all the surplus iu tho
] treasury With the increased cNpe udi-
| ture of the government made by the
] last congress, it will require every cent
Z OF the revenue now received by the gov
/ srumeut to meet the expenditures of
T 1891 This increase Of expenditure
has been iu pensions and salaries uad
I cannot be cut OFF, and the same coudi-
! tiou will obtain in 1899. Now what is
the sense of making this bold Prete nsa
and ridiculous claim that the reduction
of the tariff is the issue and must bu
the issue, when it cannot be reduced
until the expenditure of the govern
meut shall first be reduced no issue
is made on reducing the expenditure
of the government, for neither party
claims that IL intends 20 do this. il is
impossible TO have an issue on "a ques-
tion where the matter involved. which
conn prises the issue, is impossible OF
accomplishment t-M0utgomery, Gala
! Alliance Herald
The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1891-10-23
FARMERS ALLIANCE.
ALLIANCE NOTES

The campaign in Ohio IS getting
red hot The peoples party viii make
q good showing on election day
One of the last and most brilliant
accessiOns TO the alliance is that OF
Prof Canfeld, formerly Of the Kansas
state university.
The money value Of a silver dollar
Is 100 cents the commercial or intrinsic
value IS cents, the fat value % cents s--
Pittsburgh Kausan-
Democrats candidates for presi-
dent are as thick as leaves in Valam-
bFosa- The alliance candidate for pres
ident is letting the Office seek him.
The citizens alliance is growing
very fast in Georgia A splendid lodge
has been organized in Athens Keep
up the good wOrlr.-Southern Alliance
Farmer.
The money value of a gold dollar
is 100 cents, the commercial or intrinsic
value 81 cents. so that there is three
cents fiat value even in the gold coin -
Pittsburgh Kansan-
Malicious attacks by the opposition
will sOlidify the organized producers of
the nation. The party lash, negro
supremacy and the war issue are hang,
The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1891-10-23

the supremacy comes 20 & dnal Issue
between the people on the one hand
and the money power on the other,
there are hundreds OF leaders in both
Of the old parties that would be the
faithful allies Of the money power
1t is entirely possible for the people,
In their aggressiveness, in this work OF
overthrowing the plutocFatic influences
in Bringing this country to its present
condition, TO bring down upon them
selves the dangers OF. armed interven-
ton of Great Britain obedience 70 the
demands OF the English money power.
When we consider that IS per cent
of our railroads and 45 per cent of
farm mortgage debteduess are
owned by English capitalists, with
millions upon millions Invested in
mines, manufacture, state, county and
municipal securities, il is possible that
the time may come when England may
be called upon to protect British
interests in the United States, as she
has done on several occasions in other
countries and we have men here in
this cOuntry-A merican citizens, lead
ers in the two old Parties-vho would
prove themselves tories and aid the
English money power.
We have had men IN congress for a
quarter of a ceutuary selling them
selves for British gold, with more
treason in their hides than was ever
The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1891-10-23

gain (caPital). (See p. 38, ''Cumula-
tive TaEatiOn), 1t is called graduated
because, commencing with a basis rate,
it increases its rate or percentage with
each increase of "a certain or given
amount in the valuation upon which
the tax is to be assessed. 1t is called
cumulative because where an individ-
ual or corporation owns more than one
piece or lot of property each separate
piece pays the rate of tax which is ap-
PlicabIe to the valuation Of the whole
number Of pieces, lOtor parcels Of prop
erty.
There is no surer way OF collecting
an income tax than to levy such tax
upon the property producing such in
come, while the grad aduated-cumulativ
features OF this tax insure the cOllec-
ton of the most tax from those who
enjoy the largest income Thus it will
do all that an income tax will do. But
it will do a vast deal more than an in
come tax will do 1t will make it next
to impossible for man to hold more
land than he can Profitably use, and
Will equaiize the opportunities of the
small farmers and the owners OF huge
bonanza" farms. IL will annually alb
sorb, for the people, the rise in the
value of immense holdings of land and
make land mOuOpOlists anxious to sell
The difference between the tax paid by
cern and that paid by an overgrOvn
monopoly, or a combination of firms
called a trust, will put the small drm
upon a footing Of equality in its com
petition with its ovcrErov vFn rivals This
tax will also tend towards the equatiza-
tion of all localities and opportunities,
and the difference in the rates of taxa
tion viii have a tendency TO give con
sumers the lowest prices for commOdi-
ties and keep profits down TO a close
and equitable margin The dealer
with a small capital and occupying a
poor location viii be enabled to sell
goods at a much less price than she
merchant with large capital and Oc-
cupying q valuab BILE location, and yet
the small dealers profits will be as
[ large as the heavy merchants This
l tax will hold ia check the practice oI
over-capitaliziug aud watering stock
aud will prevent the amalgamatiou o.
rival lines of railroad into Immense
! systems with enormous capitalization
/ In short. the graduated-cumulativ ta1
l is a graded income tax and much more
/ II Will prevent centraiization and com
| bination; destroy trusts and land mon
/ opoly; equalize locations, profits and
| opportunities. and tend to coudns al
/ business corporations to a fair an,
! Legitimate capitalization
GEORGE c. WARD