Evening capital journal. (Salem, Or.) 1888-1893, 1893-02-28
A SERIOUS PROPOSITION.

Every argument against the mort.
gage tax law aud tue clause Of the as
sessIpent law permitting deductions fol
Indebtedness was presented daily for Q
year In the face OF an overwhelming
public opinion. Just as the OregoniaD
had almost ceased TO fight against
what 10 began TO consider the settled
policy OF the state, the representatives
Of the people showed that they had
been converted 10 i,s views. salem
Democrat.
The people have not been converted
10 Its viewsV However, the repeal OF
the law will make IL difficult and per.
baps impossible for the Republicans To
carry the state iD 1894, aud gives the
Democrats and Populists the legisla-
ture almost ~ certainly as anything In
the future can be. IL requires no pro-
pbetic eye to see this. Ii was plain
who repealed the law or contributed 10
it, repeal will be resp )nsible for the de.
fent OF the party, If II shall be defeated,
no matter what their intentions may
have been. Perhaps they bullded, IN
this instance, not better but worse than
they Intended. Eugene Journal.
The Eugene State Journal quoted
above is the oldest, most loyal and con.
servative Of Republican party papers 10
Oregon. Its editor, Mr.. Kincaid, stands
very high In Republican circles In this
state. When he says that the legisla-
ture to be chosen next year is 10 be
anti Republican "almost ~ certainly
~ anything In the future can be" he
means something. He Is firm sup.
porter Of Senator Dolph's and his state
ment implies that the senator cannot
be reelected from Oregon on the Ore.
gonian's tax platform. He means that
II he can be said TO mean anything and
no one can read the aboye article and
consider Its application without con-
that II means great deal.
The Oregon State Journal offers the
very serious proposition.
Because he bases his belief in politics
revolution upon the fact Of the repeal
Of the mortgage tax law above, makes
the matter all the more serious. There
are other reasons that will operate un-
laverably to the Republicans having !
heir customary majority In the next
but for purposes of u warn
ny the veteran Republican,. Mr.. Kin. {
aid, has stated sufficient. THE jour d
NAL opposed the repeal Of the mortgage
AK law, AZ II was done. because the
aw did not propose the re-
zeal on Its own merits but coupled
With the repeal OF the exemption for
|ebt. Had the Legislature voted on the
epeai Of the mortgage tax law AS dis
lnct and an original proposition the
esult might have been different. As
passed the Lawtou tax bill was )
III 10 exempt the credits OF non-resi- /,
ents--a very unjust proposal to begin
nth. The state of Oregon being bor-
owing state and Its property largely
10 non-resldents, IL was plac-
~ a tremendous leverage In the hands !,
{ foreign capital, aud dub In the
ands OF the political opposition that
'ill be- welded with terrible force In !,
s9a. Mr.. Kincaid can clearly foresee :
iis. The JOURNAL opposed the repeal :
the mortgage tax law as an original = I
roposition. because Il feared the con. !,
'quences Of no radical change. The :,
'dleal change may be followed by u " I
'dical political revolution. The people y
ore not converted to the oregonians
lew II their representatives were.