The Brookhaven leader. [volume] (Brookhaven, Miss.) 1883-1891, 1891-03-19

nerelnDeiOrc referred to.
In behalf Of an oppressed but liberty low
ing people then, who are tiring more and
more of the injustices and indignities to
which they are being subjected through the
agency of the trusts and combines and the
growing system of landlordism, we petition
you to favor this wholesome aud important
corrective with your advocacy and your
support. Are you strangers to its character
and functions? Then give it such study and
investigation as its worth and Importance
merits, we beseech you, and We shall have no
fear of the result. Submitted to the consid-
GRAFTON and judgment of some of our ablest
thinkers and most Jealous workers in behalf
of reform, il has received their indorse-
ments and their earnest advocacy and
labor in its behalf A like rcccp-
tion, we feel confident, il will meet at
the hands of yourselves when you
shall have subjected IL to study of its
ture and effects. Give IL your support then,
we again petition you, for in the face of an
enemy that is growing each day more and
more audacious and oppressive the need is
increasing for II remedy that will, like this
one, be certain to cure and swift to have
effect.
Ii. +. MILLIKEN, Z. V. MERRETT,
Secretary. President
Santa Fe, Kan, Jan. q, 1891.
In order to get the theory before our
readers as succinctly as possible we
publish below form of a bill proposed
as model whereby to enact this sys-
TEN into law. We commend it to our
readers as worthy of their perusal and
discussion:
Sec. l. That the public revenues within
this state shall be obtained by tax upon
capital and upon other property, and all
capital within this state shall be subject to
70 in thn Snrih nod l.x-t 4 lie
act
Sec. 2 That the term "clpital," when used
in this act, shalt include all properly be-
longing to indiv iduals. farms, corporations
or associations, which is used or ad ipted to
be used for the purpose of gain or profit, as
land. mines, mineral, merchandise, manu-
factories, tools, means of transportation. tax
sale certificates, judgments, notes, bonds
and mortgages, cash on hand or deposit, and
every other form Of gain max ing assets. 1t
shalt not include that form of property
which has passed the stage of direct money
getting purposes, aud is used primarily for
the comfort and enjoyment of man, as ones
self occupied dwelling, his furniture, or
family library, or ornaments and means of
mere taste and pleasure.
Sec. B. That the capital shall be classified
according to the kind or the use to which II
| is adapted to.wit: Farm lands, including
| the animals, shelter, implements and mate.
rial employed in farming shall be classrd
as farm stock; railroads, including all the
| means and material employed in trSnsporta-
tion, shall be classed as railroad stock; each
class of mines, with the property and i'm
plements used in mining, shall be clnssed
under appropriate heads, as shall also each
class of manufactures and merchandise,
and all forms of capital
Sec. 1. That the respective possessions of
the individuals, firms, corporations or asso-
Citations, having taxable property, shall
| then, besides being listed in the name of the
party or parties to whom th, y belong, thus
| forming u schedule of valuations separate
| and distinct as to class as well as to owner
| ship.
Sec. s. That each distinct quantity of prop
| erty, as determined by the class to which II
| belongs and its ownership, shall be subject
| to taxation upon progressive scale in man.
ner as herein prescribed: Upon all values
| of 81 900 or less the lowest rate OF taxation
| shall be charged and collected Upon AL
| values exceeding 81 ,001 and not exc eedinS
| $4,000, the rate of taxation charged ana col
| lected shall be: For the first $1,000 above
| the or g,nal 1000. one and one tenth times
| the lowest rat". For the second 81 900 above
| the original $1,000, one and ne-hlth times
| the lowest rate; and there shall be added
| one tenth to the rate of taxation for each
| additional 81 90 of value until the rate OF
| taxation has become double that of the low
Upon values exceeding 5000 and not cX-
| ceeding 10000, the rate of taxation charged
| and collected shall be: For the first SlOWO
above the original $1,000 one and onc-tenth
| times the rate assessed against NOoe FOR
| the second $1,000 above the original $40,
| OCO one and one-fith times the rate assessed
| against $1,000, and a like increase OF rates
| with increase of values shall continue for all
sums not exceeding 81 900. Upon all values
| exceeding 500, 60 the rate of taxation shall
| be: For the first $40 600 above the original
SICO OOJ one and one ten. h times the rate as
| ses sgd against 500 OC0 and a like increase OF
values shall continue without limit. Frac-
t,tnal values remaining after deducting the
total Of the units of increase shall be assessed
at the rates corresponding to the next higher
| units of increase.
Sec. G. That if any lot or parcel of taxable
| property separate and distinct from others,
| be one of two or more of the same class
owned or controlled by the same party, firm
| corporation or association, the rat OF taxa
tion upon the value of said property shall be
| the rate which would be imposed upon prop
| erty Dosses sed of the united value of these
| properties.
Sec Z. That if any lot or parcel of property
| distinct from others be placed under the con-
| troll of a trust or combination, it shall be as
| sumed to be q component part of the guam
| tity of said trust or combination, and the
| value thereof shall be subject to rate OF
taxation equal to what would be the mean
rate imposed upon a property possessed or
| the united value of the properties included
| In said trust or combination.
Sec. 8. That If any dealer in agricultural,
| mining, manufacturing or other products,
| shall handle. buy or sell the products OF
| trusts and monopol.es when those of other
| than trusts and mOnopolies can be obtained
| for mercantile purposes, the yearly average
amount of such products kept in stock shall
| be assumed to be part of the property of
| the trusts and monopoiies from whence the
said products were obtained, ana shall De
| subject ed to a rate of taxation equal co what
| would be imposed upon property possessed
| of the united valu" of the properties included
| in the said trusts or monopolies.
TIT will be necessary then to add some
clauses clothing the secretary of state
or some other officer with authority and
power to obtain list of all properties
within the state belonging to or con-