The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1893-06-08
SEVERAL PALACES.

- HE new 1OTk WITH lCiSSIdpHSu
CONGRESSMAN Boon as follows:
Hon. Halvor e. Boen, Fergus Falls:
Do YOU, with present information,
favor the repeal of the Sherman silver
law? Do you favor an income tax? Do
You favor the repeal of the state bank
tax? Kindly telegraph answer.
THE WORLD.
He replied as follows:
The World, New York:
/ will support any law restoring to sill
yer the same right of coinage and the full
legal tender quality now enjoyed BY gold,
at the ratio of sixteen to one, and then
repeating the Sherman silver law. favor
an income tax. and will vote for any
measure calculated to tighten the bur
dens of the common people.
H. E. BoEN, M. c.
Mr.. Boon has put himself on record as
advocating two measures which are, to
say the least, dangerous and unwise i'll
the extreme. The free coinage of silver
would inevitably result in the substitu-
ton of the single silver standard forgold,
force the yellow metal to premium,
withdrawing it from circulation, to-
gether with all the government currency
payable in gold on demand. and subsri-
tuting therefore the less valuable and
more bulky metal, which convenience
condemns as an instrument of exchange.
The silver dollar of sixteen times the
weight of god is worth only sIxty-five
cents in the markets of the world, and to
invest it with full legal teuder powers
will not increase it's intrinsic value or its
ability TO be nsed as an international
currency. The result would be an UMPIRE
cedented contraction of currency by the
withdrawal of gold from circulation,
without affording the relief sought for.
Mortgage debts are payable in gold, as
a rule. and contracts of this character
haye been declared valid by the supreme
court. AS a result all such debts would
be demanded by the creditors when due
in strict compliance with the terms ofthe
contract, and the debtor would be COM
PEELED to pay a premium for the gold
with which to liamdate them. The sill
yer kings ould pocket enormous profits
which would be paid to them by every
person who was forced to take cheap
dollar in place of good one.
The income tax has been tried in this
country at time when the government
was compelled to resort to every expe-
dent for raising money to perpetuate
national existence, under conditions
when every consideration OF patriotism
was aroused to induce submission to ex-
traordinary expedients, and even then it
was the most unpopular of all the meth
DDS employed. Even the universal stamp
act was submitted to with less COM
plant. And naturally so-for it's bur
dens were so unequally distributed, So
palpablv inequltable-as to outrage the
sense of justice which eyer pervades the
masses. Not only is it inquisitorial, but
it offers great premium to dishonesty
It is so easy of evasion that it falls with
greatest weight upon those who are
honest enough to expose their true bust
ness condition to the collector. The man
upon fixed salary, or with registered in
yestments, is the only one who can be
reached with certainty.
The New York World, in a recent edi
torial in defence of the income tax, asks
a question which answers itself in the
asking: "Why should tax be unpopu
lar here which would not reach one man
in hundred?" Why?-because it will
not reach one man in a hundred. That
is reason enough why it would be I'M
popular-it is unequal.
Mr.. Boen's last proposition is too
hazy to admit. of comment. Who are
the common people, and what burdens
have they peculiar.to themselves which
can be lightened by legislation? 1t is pre-
sumed that Mr.. Boon would be willing to
vote for any measure which would
legally tighten the burdens of the uncom
mon people as well as the common-he
ought to.
{ II