davidaulloa/AmericanStories huggingface dataset:
The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1893-05-13
HOW TAXING MORTGAGES
WORKS IN OREGON.

Convincing Testimony NJ Co the luxurious
Effects Of Taxes on Capital
1t need hardly be said that chambers
of commerce represent the commercial
and mercantile element of cities.
Merchants nre borrowers, not lenders
of money, and when a chamber Of COM
merce unanimously petitions legis-
lature to repeal a mortgage tax law.
the inference is clear that such law has
not proved satisfactory to the very
elements it was expected to please and
benefit
The Portland chamber OF commerce
has taken that action. This ought to
exert some influence upon those people
in Washington who are clamoring for
the adoption in this state of the very
law which Oregon passed to her loss
and sorrow. The report is rs follows:
The mortgage tax law. so called. was
enacted in 1852, for the purpose OF
reaching money then being invested In
enterprises tending to develop the re-
sources of the state. By reason OF COM
petition the rates of interest were then
gradually falling, and the immigration
of farmers was increasing. The new
law singled out mortgages as special
object of taxation, classed them as real
estate and provided cumbrous system
of collection of the various rates
The result was NEUTRALITY-SUSPICIOUS.
of dollars of outside money were inn
mediately withdrawn from Oregon and
placed for investment in neighboring
without competition, have since fat
tened through the enormous rates Of in
terest they have thus been enabled to
charge, the agricultural, commercial
and manufacturing interests of the
state have languisbed, and the circula'
ton of money has been blockaded. II
is not necessary to point out special
branches of enterprise now remaining
at standstill; they are not only too
evident and object lessons of the effects
| of the system meet us on every hand.
The theory of deduction of indebted
| ness from assessment was wrong in thu
beginning, and its results are also man
ifest to-day in the great abuses OF thu
| privilege-millions of dollars of fraudu
lent claims for deduction being allowed
especially in the large cities. to thu
greatly increased burden Of the smallel
taxpayers e
The Review has repeatedly discussed
the reasons and theories which forbit
the adoption of . mortgage tax law
Here we have the actual conditions 81
perienced by neighboring state. II
1892 Washington, with IL, 957 firms ans
individuals engaged in business. suffer
ed only 1876 failures In the same yea
Oregon, with but 1871 places of bust
ness, suffered 215 failures. In this stat
the liabilities were only 500, 800; in Or
egon they were sLo15. 100.
There is homely saying that Il !
| oeat 70 let well enough alone.
The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1893-05-13
SOUND ECONOMIC rR,Nc'PtEa


A Leading Canadian Paper Endorses ana
Explains Tax Reforms.
The letter of the provincial treasurer
upon the question of the Equalization
of Taxation must have been read with
surprise by all who understand and app
preciate the principles Of political econ-
cmy and who are DESTROYS of seeing
these principles embodied In the admin
istration of public AFFAIRS Anyone
studying the systems of taxation and
the methods of administration in Cana
da would come to the conclusion that NO
practical statesman in Canada had
ever heard of the science OF POI
litical economy, every principle and AK
iom of which is contravened or
set aside by our governments From
study Of the utterances Of the men in
power it might be gathered that po-
litical economy had been utterly con-
demned by them. Mr.. Hall has written
letter which proves that he has really
sought to understand the principles OF
political economy, and that he believes
in them, or, at least, values the opin.
ions Of economists, and has, apparently,
considered them with reference to his
work as q leading legislator and a.
a devisor for the government
of this province. of which he is
prominent member, of system OF
taxation. Nothing could be much bet
ter than Mr.. Halls declaration, upon
the authority Of all political economists.
shat direct taxation was the best be
cause it gave to the real payers OF taxes
conscious and direct pecuniary inter-
est in honest and economical govern
ment; and that in this connection real
estate should bear the main burden be-
cause taxes on it can be the most easily,
cheaply and certainly collected and
would reach everybody" Not less a
mirable was Mr.. Halls array OF evt
dcnce against the policy of taxing per
sonal property which, wherever tried,
has proved worse than mere failure az
a means of raising revenue economical'
~. inasmuch as it has invariably given
rise to general fraud and perjury
Daily Witness, Montreal, Can.
The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1893-05-13
NO spy SYSTEM NO LISTING
CAWI

Vigorous Views On . Proposed Change In |
Ohio's Tax avs
In response to the demand for re-
vision of the laws on taxation, Mr..
Welsh, comes to the front with bill
which is as sensational as plumbers
and as picturesque as snipe'a 1t pro-
vides for making evene man spy upon
his neighbor at a liberal compensation
in fees. 1t rehabilitates the copfiscation
department of the government and pro-
vides work for the militia that will
doubtless keep it continually in the
field. There is no direct provision for
this latter, but = the law is to be exc
cuted there can be little doubt that the
militia will be brought to the condition
indicated, and the branch of the service
which has just resented in a most pro-
nounced way the interference OF pri-
vate detective will be called upon to
support, with foot, horse and artillery.
horde of private detectives to be re-
cruited under state auspices.
On the theory that large amounts OF
money, mortgages, notes and other me-
gotiable- paper annually escape taxa
ton, Mr.. Welsh provides in this bill
that the failure to list for taxation
property of this kind shall be punisha-
BILE by the forfeiture of such property
TO the state, and the payer OF such
paper may discharge 1is entire indebt-
edness by paying forty per cent OF the
face value to the county as taxes
Every man who borrows money is thus
offered an inducement TO become spy
upon the actions of the man from whom
he borrows Again, if man has money
that he does not list for taxation, that
also is to be forfeited to the state, If the
failure of the owner of the list is to be
detected. In order to make reasonably
sure that detection will follow every
evasion of the kind, a high price is put
upon information, the person furnish
ing it to receive eighty per cent OF the
amount reported, the remaining twenty
per cent. to go into the public treas
ury.
This is a beautiful scheme that the
Honorable Welsh has evolved. While
it does not exactly create new indus
try, it does transform long noses into
live capital and provides a new way for
persons of neddlesome disposition to
get ON in the world. For instance. A,
having borrowed 81, 900 from b, has on
ly to catch b not listing the note OF
mortgage for taxation to be able to dis
charge his entire indebtedness to b by
a payment of $500 to the county. Then
il A can detect C in failure to list
$1,000 in money he will receive $500 o.
the amount and supposing that he still
has the 81, 900 that he borrowed, he viii
be 81, 400 ahead. Under the operation
of this beneficent law, meddlesome Mat
ties would grow like weeds in . neg
lected corn-field. The rubber oversho'
factories would have to quadruple theil
output to supply the sneaks, and thu
bump of suspicion would soon be o
abnormally developed as to render j
necessary for the hat manufacturers +
make special block for the Ohio trade
Columbus Despatch.
The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1893-05-13
A GOOD RIFLE SHOT.
An Old Timer who Could Perform
Wonders with Gun.

An Old Timer who Could Perform
Wonders with Gun.
THE finest rifle shot that ever
walked the soil of the west was a man
named King Woolsey, an old timer.
who lived near Yuma, Arizona, in the
good old stage days of the west" said
the story-teller. This man Woolsey
was originally from Ohio. He moved
to Arizona in his early childhood.
When he was about the age of ten his
father and mother were killed and
scalped by the Apaches. He hid in the
rocks and escaped. Five years later.
when he was a mere boy, he went on
the warpath for the Apaches, and he
never spared one. He could not count
exactly how many he had killed in his
life.
THE last time / saw him was one
day while the stage stopped to let the
horses rest near Texas Hill, on the
ella river, in 1s72. His fame as q
rife shot had spread all over the west
and the mention of his name filed the
Apaches' hearts with fear and trem-
bling. The passengers persuaded him
to give an exhibition of his marksman-
ship and he consented. He nailed a
board up to the side of a little shanty,
and put one hundred balls ut a dis
lance of one hundred yards in the
same place, without the difference OF
a sixteenth of an inch in one hundred
shots He then drove the nails far
into the board with ten more shots.
Every one applaudcd. Then he took q
common bullet tied it to an infini-
tesimally small thread, fastened the
thread TO the limb OF tree twenty
feet above the ground, placed q small.
necked bottle on the ground, and
started the bullet swinging to and
fro. lie walked back fifty PAGES
wheeled suddenly around and fired.
well. gentlemen, you may stuff me
with sawdust and exhibit me ut the
worlds fair as the biggest liar in the
universe If Woolsey didn't cut thai
string in twain with his ride ball aud
make the bullet drop In the mouth .ol
hist bottle, ".-St Lolle Republic.
The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1893-05-13
Familiar Objection to Tax Reform Re-
futed.

To the Editor of THE Daily NewA"
Batavia, N. Y.-Dear Sir-Even though
it were true that this association, a.
asserted by you, il composed OF mil
lionaires and men of slightly less cx-
tensive fortunes, whose property Is
largely personal" the fact would be no
argument against the principles which
we advocate. But it il not true. There
is not one wealthy member of the as
sociation whose real estate is not OF
greater value than his personal prop
erty, while many members have all
their investments in real estate. 1t you
are inclined to doubt this statement
we shall be pleased to give you names
and other .particularA
Coming to your criticisms on our plat
form we find you asserting that our
claim that ''direct taxation on real es-
tate would bear least heavily on tho
farmer and worker" is untrue. But
you offer no proof Your special plead
ing on behalf of the poor mortgage
ridden farmer is pathetic, but does not
answer the question as to who would
pay the larger share of taxation levied
on real estate. Had you taken the
trouble to look into the assessment re-
turns from each county in this state.
you would have seen that the farmers
own less than one-hfth of the value OF
the entire real estate and therefore pay
less than one-fifth of the state taxes.
A further fact could also have been
| found; that there are forty-five coun.
| ties in the state, including all the pure
| ly agricultural districts. which do NOT
pay q dollar of state taxes, as they no
ceive back in school money more than
their levy for state purposes. OF course
| they pay local and county taxes. but II
| is doubtful whether Of these the farm
ers proportion is higher on an average
than for state purposes
Your proposition to tax mortgages ID
one which originates in mistaken ides
as to who would ultimately pay the tar.
If the mortgagee were taxed he would
either charge higher interest or with
draw his loan, thus injuring the farmeI
whom you wish to assist A mortgage
is merely evidence that some one wht
had saved some capitsl had loaned 1t Il
an5swner Of real estate. Taxing CAPT
ta< leads to discourage both its accumu
Ila1ion and Investment and by driving
| }t61t Of the country districts decreases
fhe value Of land You know very vel
that It is the personal properly lin tn
form of machinery. implements, cattle
horses, etc), which ID used upon farm
lands, which gives them their value. L
IL exuectin0 too much TO hone tina
The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1893-05-13
4 MATTER or HEALTH.
O. Louis Authorities Examining ths nek
Ing Powder.

%. Louis Authorities Examining tns ~
ing Powders.
fst Louis CT Sbe-Democrat1
At the request of Health Commissioners
Brennan. the City Chemist has collected
samples of the various baking powders
sold in st. Louis and subjected them to
analysis for the purpose OF obtaining
for the public benefit information Is TO
their composition and character
whether wholesome or otherwise.
Owing to the fact that alum baking
powders are produced at cost OF less
than four cents . pound. while in ap-
pearance they are hardly distinguish
able from a pure cream of tartar powder
costing from eight to ten times as much
to manufacture, there have been may
of them put upon the market, and Kre1
efforts made to substitute them for the
more wholesome cream of tartar COM
pounds.
-eOf course, such powders afford wide
margins of profits both to the manu-
facturers and dealers and it is not un-
usual to find them for this reason rec
commended and urged upon customers
who would not, knowing their tKSe
character, use them under any consid-
GRAFTON.
CITY Chemist Sullivan's report shows
one pure cream of tartar powder onls
(the Ro, ally; one cream of tartar
powder containing free tartaric acid:
one phosphate powder containing
sulphate of lime, and that all the
other brands are made from alum. The
samples ranged in strength from Is ~
per cent. of leavening (carbonic acid)
gas found in the Royal, to COS per cent
found in an alum powder.
The general usefulness of baking
powder depends largely upon the
quantity of leavening gas 1t gives on. A
powder containing Is per cent. OF gas
will go more than twice as far-that Is,
one pound of such powder will raise
more than twice as much four-as ono
that evolves but 6 per cent. The
economy thus shown, however, is not
the greatest consideration. The low
strength powders leave large residupm
| in the food, which, being of alum In
its various forms, renders the food
positively unwholesomc.
Upon this point, and in describing the
character of the baking powder found
of highest strength, the City Chemist
says: "A high leavening power is req
uisite. Pure ingredients in proper
combination quicken and increase the
production of carbonic acid gas. In
this the Royal excels all others. II ID
the highest in strength, in fabrique q
faultless arrangement of agents, pure
and wholesome, free from adulteration
with lime, ammonia or alum"
The result of these tests will be read
With interest and will provo of great
benefit to housekeepers by enabling
them to distinguish the pure from the
numerous impure and unwholesoms
Ipcwders found in the market
The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1893-05-13
County Papers Favor Local Option u
Taxation.

A satisfactory solution of the prob
lem Of taxation is promised by bill in
the assembly which afforcs local option
in the settlement of controversies as to
single land tax and real estate and per
sonal property tax. 1t provides for .
separate assessment of land values, Of
improvements upon land. and OF per.
sonal property, and permits local au-
thorities to have the taxes levied upon
land values only, upon real estate alone;
that is, the land with its improvements
or upon both real estate and personal
property. This option would not apply
to that portion of the taxes that is ia
be raised for state purposes 1t u
hoped in time TO raise state revenues
other ways than by local assessments
journal, jamestown. N. Y.
The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1893-05-13
TAX REFORM DEPARTMENT.

(This department aims to give everybody's
IDEAS about taxation (not tar!fD. Write your
opinions briefly, and they will be published or
discussed in their turn by the editor CT BY mem
oer Of the Taxation Society. Address, Tax :.
ton Society,"" this once or p. o. Box u, Buff
falo, N. "
The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1893-05-13

The single tax upon ground rental
values is plan which will relieve all
classes from all taxes, other than their
present rent; and NO wit of man can
devise any plan which win relieve them
from anything more. IT. G. ShearmAn.
The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1893-05-13

THE unjust and unequal distributicn
Of labor and wealth are not incidents
of progress. but tendencies which must
bring progress to halt They will not
cure theueelyeA
The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1893-05-13

Mas Brxdo-"Dear, after this you must
wear . dress SUIT down TO dinner" 1ing9
has been used TO it"-Clothier and FUR
uishers
The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1893-05-13

Y.-"Do rou believe Schiller when he
SAYS that the best woman Is the one whom
aobody talks aboutr III rather think
Il IL the ono who talks about nobody Pr
plauderecke.
The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1893-05-13

am 1870 had An eruption appear on my LEFT
ler ma arm. Somotimesl4t would ulcerate ana
o1i ACCOUNT OF Il was unable to work great
Zeal 81 the time had seven doctors exam4ne
fnd treat me without success. Some called y
o6e knovyinr one called II prairie itch. All tae
6octors In the county had q trial but none o1o
me 5 particle Of good. I spent all my spare
monev frvinr 10 ret relief Finally was por.
susded 10 try Hoods Sarsapsrilla. Altar using
one ana half bottles saw the bcnent nave
now used The third bottle and am eomPSeseIy
The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1893-05-13

We had chickens plenty, and turkeys few,
And one old gray guinea-of all things % ciack
A guinea's the clackincst ever you knew
She inst keeps ON saying: Come bsrkv" and
Come back"
The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1893-05-13

abated in the least the full moon had
found clear place in the heavens and
the. brightness of MONDAY was all
around me.
/ raised myself slightly, cooked the
rife and, glancing over the top of the
sled box. had selected skinny old hag
of she wolf with which to furnish q
continuance of the riotous feast, when,
happening to glance toward the rear
of the sled, encountered the gaze of q
pair of wicked eyes, set deep in the
head of wolf of gigantic size. The
brute had thrust his head over the tail.
board, and craning his scrAggy neck Al
far out as was possible. he barred his
tusk-like fangs until l could have
counted every one of them, had l SO
minded. The starving creature never
fiinched when thrust the muzzle OF
the rifle within twelve inches of it,
snout. The pungent odor of singed
hair followed the crack of the rife
The blood had scarcely begun to Gov
from the empty eve socket when thu
harsh swapping OF sharp teeth told ms
that my services as q purveyor of fresl
meat were being thoroughly apprcci
ated. knew that could not yer,
! we'll shoot amiss, so opened fir,
through the tail board with telling eff
feet, as the '.yips" and bowls that fol
lowed each shot attested. At last tn,
sound of intercine strife began TO grow
faint, and / knew that the survivor
of the feast and the fray wer'
| either getting filed mp or had .
Hast taken my oftrspsated hint Tia
Daily Texarkana Democrat., 1893-11-28

The question as to who will sue.
coed Clifton r Breckenridge is al
ready being agitated That gentle
man drove the last nail into his polit-
ical coffin when he voted on the silver
bill, and it is not probable that he
will be a candidate for reelection,
Judge j. s. Little, Hon. E. W. Rector
and j. j. Sumpter, are all aspirants
and it's more than likely that there
are others who would be
glad TO be urged a little in that di
rection. What is the matter with
Prince Charles Gorden Newmap.-
Little Rock Times.
There's nothing the matter with his
entering the race, but there is a great
deal the matter with his being elect
ed so long as Sebastian County has a
mau in the field who possesses the abil.
ity, true loyalty 10 party principles
and party freindsa as Judge Little does.
We do not believe Maj. Breckenridge
will have the temerity to enter the
race, but il he should he will get a
rebuke from justly indignant con.
stituency hat he will remember many
Daily Texarkana Democrat., 1893-11-28
A Sound Liver Makes a Well Man.

Are you bilious, consupated or trou-
bled with jaundice, sick headache, bad
taste IN mouth, foul breath, coated
tongue, dyspepsia, indigestion, hot dry
skin, pain in the back and between
the shoulders, chills, fever, etc. If you
have any of these symptoms your liver
is out of order and your blood is slow
ly being poisoned, because your liver
does not act promptly. HERBINE will
cure any disorder Of the liver, stom-
ach or bowels. 1t has no equal as a
Liver Medicine Price, Is cents. Free
trial bottles at Smith Drug Co,
Daily Texarkana Democrat., 1893-11-28

The wealth of France is estimated
at 50 billion dollars, or about 81 800
per capita The wealth Of the United
States is estimated at about 1000
per capita, or 81 billion. The annual
value Of its product is about 10 bill
lion; about II per cent of this sum is
paid for transportation of persons
and property; all of 1t is y gift Of ma
ture through the instruments of hand
and BRAIN.
Daily Texarkana Democrat., 1893-11-28
A Leader,

Since its first introduction, Electric
Bitters has gained rapidly in popular
favor. until now it is clearly in the
lead among pure medicinal tonics and
Notwithstanding nothing which
permits its use as a beverage or intox-
icant, it is recognized as the purest
and best medicine for all ailments Of
the stomach, liver and kidneys. 1t
will cure sick headache. indigestion,
constipation, and drive malaria from
the system. Satisfaction guaranteed
with each bottle or money will be re-
funded. Price only so cents a bottle
at Smith Dug Store.
Daily Texarkana Democrat., 1893-11-28

Chicago is building sewer 325
miles long to empty its nastness m-
to ne Ohio, thence TO ihe Mississippi
river Experts claim that this filth
will not contaminale the waters Of
The great river, but the authorities Of
ST. Louis are alarmed all the same,
and will take Steps to prevent it, us
her wat r supply Is drawn from the
Ohio.
Daily Texarkana Democrat., 1893-11-28

This from the BrinkIy Mirror is the
candid opinion aud experience of
many newspaper men in This great
and glorious state; "lhere are some
people who are alwaJ giving us adj
vice how to run our business This we
are willing to receive, but if they
would hMd in a little cash along with
it We wouti appreciate it better
Daily Texarkana Democrat., 1893-11-28

The Fort Smith Times two editors
divided on the question of whether or
not the sale tf reserve lots Of that
ci'y, should take place next spring.
One dav the paper strongly advo-
Gates the sale and the next as strong
ly opposes it, but each editor signs his
articles A truly novel way in which
to "straddle the fence
Daily Texarkana Democrat., 1893-11-28
Guaranteed Cure.

We authorize our advertised drug
gists to sell DR.. Kings New Discov-
cry, for consumption, coughs and
colds, upon this condition: If you
are troubled with cough, cold or
any throat, lung or chest trouble, and
will use this remedy as directed, Civ
ing it fair trial, and experience no
benefit, you may return the bottle and
have your money refunded. We
could not make this offer, did we not
know that DR., Kings New Discov-
cry could be relied on, 1t never dis
appoints. Trial bottles free at Smith
Drug Store.
Daily Texarkana Democrat., 1893-11-28

A contemporary very correctly
says The adoption of an income
tax may be the beginning Of the end
Of tina tariff system for raising reve-
nue. to run the government The tar
iT does not bear equally on all and
is for thnt reason unjust, Some
other system will, in time, have to be
adopted, The people who raise cot
ton are just as much entitled to pro,
lection or bounty as those who raise
wool or make sugar