The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1892-03-08
SOME GOOD SUGGESTIONS
N. A. DAVIS,
Secretary Nash Co. F. A


SS44G NSSD
A patriotic and wide awake CORES
pendent Of the State Chronicle mas Unls
to say of the situa ion:
''The pressure upon us IS not tempo
rarv but permanent. lG is caused Oy
10 r,1sh of blood to the head and it's
absence at the extremities-the cOnges-
ton of the wealth of the country In
Wall street and in the hands of a few
m~illionaires, while the country at large
is s~uffocating from hamilton. ThecOn-
dition Is getting no better and can get
no better while we travel the present
road. The SINE thing Is happening to
us which happened to all the great m
pires of the past. We can escape the
same fate only if the people r in
earnest, for and with US unlike the case
with them. the people can rule if they
will. To this end they IL send a ma
jority Of representatives to Washing
ton who wilt execute the popular will,
regardless of the Establishments of the
omnipresent money power" Two
enactments of Congress would remedy
the evils which Cypress us.
1. The national government should
loan $500, 900, 600 of greenbacks on real
estate security of double the value on
twenty years time at two per cent. in
terest. This was done by the Roman
Empire, by France and by other cOun
tries in times of emergency. 1t has
been done by Oregon as to its public
school fund and has been done by the
United States Government, virtually,
as to the whiskey distilleries and banks,
It is no new eXpedient. 1t would relieve
the pressure and send the blood again
to course through the eXtremities Of
the body polite and bring back life,
health and prosperity. The same
causes now existing would carry back
IN a few years the new blood to again
longest at the centre. To remedy this:
SO. During the wal an income tax
was imposed by the U. S. government
which exempted incomes to a certain
amount. Above that to a certain
ether amount a certain per cent. was
laid, for a larger income a larger per
cent. was levied and so on. The rich
men in 1876 got Congress % repeal this
tax and add the burden to the tariff 30
as to fall on the poor. Now apply this
principle. Reduce the tariff largely,
making large exemptions as to articles
used by the pOer. Then re impose a
graded income tax, but as follows:
All incomes under 50. 900, free; over
81, 900 and to so, 900, 3 per cent. over
sic, 900 and to $50, eO0, 5 per cent.
$2e, 900 to $50, 600. 10 per cent. $50,
600 to 800, coo, IS per cent. owe 500,
e00, % per cent. This looks ike heroic
treatment, but either the millionaire
making must stop or all the people
must perish. When II man In twenty
i've years has made 200 millions. and
another has an income of 10 millions
annually and IS 600 men own already
tWo-thirds of the property in this
nation of 70 millions Of souls, no less
thorough remedy will avail. No
maiden's arm is around us thrown
is IS a grapple for liberty, a struggle to
prove ourselves worthy of the men
who made Revolution a success.
With the prohibition of incomes
above 800, 900 the motive for plumber
ing the public and wrecking the for
tunes of thousands that one single man
may become rich will cease. Men will
strive to distinguish themselves by
public services, not by public injuries,
but by reducing freight ana passenger
rates and tariffs to the lowest rate con
Bistent with a good economical ad-
mlnistration of the government and
corporations.
"This, it is true, will not take away
The vast fortunes already accumulated.
Du6 the from them
100, 900 will belong to the tax list and
they will Orumble and gradually fall
30 pieces.
I'D. Attempts will be made to CON
zeal incomes. This can be met by
rigid penalties and by providing, as in
switzerland, that when a man dies
leaving an estate worth, or reasonably
thought to be worth, beyond a certain
sum his estate Is taken in charge by
the public administration and if it is
found that taxes lave been evaded,
they are taken out of the dead mans
estate and there is no protection by
any lapse Of time. A net income of
$4,000 per annum is surely enough
to stimulate Individual enterprise. and
incomes, teyoni that are only made by
robbery and plumber hidden under the
forms of law"