The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1892-07-16
and .Inytractissi tPrssenfat'pn 70
~" Facts From the .neenss's ''"s
Commefsial. 9sa '8,ia 81
:, =, q 4 }MlRKoB TRUE. ~ huEE,.
,, Soc for yourself the, Inequalitie
"a" "' orour Financial systsm. ,,,4, y,

~, s,1r)Y)Ort III SeCklUAS ~ ofC NCoaauJ
(ons ~ 'tb ,hbis scarcity Of money Is felt,
Fhele; err " va, other sections not only the
Elll1 ~ - which the proposed increase is
pan W Dsyoc,,red is ridiculed, but the as
( .etons y scv ,,pon which tits based are de-
|er!I0DIW ~ W. are reminded that the per
|lea. s, circulation ia more than "a no,
\ pa% ,aodinp that Of any other period, and
(Seeta.t etsr than that of any European
ssatrv ssatr, except France; and we are told
a4,i y. tSis talk Of the scarcity Of money
| 't 'ttberefore mere rubbish. a
nha ta ,reat trouble Is, not that the per-
.a;ta a Circulation Is not large enough,
\, I'll that At there is an unequal distribu-
Y, w. " and an increase Of the per- capsto
pu kpu,lation S would, under present con-
ktions iu bring little relief, because the
! FIas me inequality would exist 'as now.
|he trouble arises from the fact that
(Sstever So may be the total amount Of
NJ ~ circulation, forces are constantly
work draining money from the
mth ana concentrating y IN the East,
ISare here Il finds employment largely In
pscnlative ventures which add moth
4 to the wealth and prosperity Of the
Enntry. About one-third Of all the
kouey in the country is annually drawn
to The treasury Of the United States
4 Federal taxation, and OF this, about
ae.third is taken from the south. I'm
Il our system Of taxation upon con-
unption, taxes are not paid according
wealth, or the ability Of the tax-pay-
The taxes Of the poor are large
NJ out Of all proportion 70 the taxes
| Ae rich. These taxes, once collec-
i Do not iow back impartially
brugh the channels '0t commerce TO
sources whence they came. HOW
ush d the e5OO, ,OOO, ,Oo0ab0ut W Tor
ver man, woman and child IN this
pmny- which annually goes into the
ssur finds its way TO the ' south,
Inga the channels OF; expenditure!
tbs S5W, l0Q, ,0O0 . large. sum,
lib promises soon to reach ~. .SUO,-'
ebexpended for pensions, ana near
Of II is expended ~ the NORTH:
this one item alone, the Soutn VIII
yinto the Federal treasury every
af aoout - per caplia - .ne, nes upu.
oa, OF waicn ,s pracs'satsy @ nosnaus .n hss ~
ns The pension extrHvagarce mas
pen constantly and steadily increas.
Inc tne sxPenIasu.es n,a' .r IN ,cs* sc1uns a"o,, "
q Puoiic - ueSs M also 49, a..ag.. ~ o1s.u Ga
yely 70 tne Noren, y vsry lew oN uVs'
aIent oonas are nele u y aoo S6s no SCUM; ooH q:
W nave paa ao3ut M yS'cvo'WO'oW "
sless sa.e On .he plDAc aeo.i ~. ~ wo onn ue'e;
nee M iooS, pala acout Si,S:o'vSv,Ut" : VI "
ee prl1ciPal q tne PusDhacc Ps!ac cCe coeoE, oGo we
|Ne pala more i. tnan 49,, oi,4VV,Wv,oN @ o.
Fasoas' making g totai Haao ~ naN sneee seo tw9
h;"h tSau,s S.one so ~ ~ 90 SCotH,og. ono ~
(alen nearly sZ,oW,UUV.WV mas oeen
EsSa M run tne Sousn anu uIstr,nuCeu ,u
Mos! enurely IN ftne Mortn. Aneee
~ means eXna!ss sne iist OF lne?uai-
es s III sne 60 C0llecslon' ana .expenoi'ure
aAes; Inc expenoltures lor tne
\ Iy ioS S1S ~ navy, amounting 70 aoous
aWNuv, Is nearly al expeAoeo 10
pe Nortn; ana lurther increased ex-
sa.. nu.'utes ~! !i' 1or pensions, lor n9ilaing 2
~; eMI navy, ior snlpplng supslaies ana
~ lSe aie being constantly agitated.
iesuIts from this condition oi Things,
"a! ' while Federal taxation ts q heavy
usn sen,ao W .ne u >; SCUM, ~ o. ieass nrlngs