The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1894-04-10

portions of the tax paid will re- imburse it
self by an increase Of rents, where the in
come was derived from that source. So
poor tenants may be affected in some de-
gree as we'll as rich' landlords, The bill
seriously affects the rights and interests of
building and loan associations throughout
the country incorporated under state
laws. The senate amendments do not
cure the defejts complained OF,
THE TOOLS OF PoPULIsTS.
lnquiring as to the source of the de.
mand he said that nothing was heard
in its behalf on the part Of either of
two great political parties in the cam
paign Of 1892. Neither the Republican
nor Democratic platform proposed any
snch method of raising revenues. No
prominent Democrat or Republican
suggested any such measure. Its ap-
proval was limited to the platform Of
the newly formed Populist party. and
its advocacy was restricted to Popu!ist
orators.
He protested against the Democratic
party being made tail to the Populist
kite and denied the right of Demo-
cratic congress to make new principles
for the party not sanctioned 10y its rep
resentatives in national convention
duly assembled 1t was his belief that
the complete subsLitutional of internal.
direct, or income taxes for tariff taxes
would prove utterly ruinous TO the
business interests of this country under
existing conditions abroad. A partial
substitution at this time would be pro-
portiOnately disastrous He continued :
The bill proposes n suicidal policy when
it seeks by It's extreme provisions to dis
card numerous reasonable tariff duties
ana thereby impsril many industries and
create deficiency in necessary revenues,
simply for the purpose of aifOrdiug an op-
portuuity or excuse for the substitution
OF an income tax. There Is ample field for
genuine tariff reform without resort to
such an unwiSe and dangerous expsri-
ment The substitution Of internal or di-
rect taxes for custom house taxation
means thereductiOn OF the wages Of Ameri.
can workmen to the European standards.
1t means the degradation Of labor itmeans
the deprivation TO our workmen Of the
comforts and luXuries Of life to which they
have been accustomed.
will only add that am not ashamed of
the fact-on the contrary am proud of
the tact-that New York is the wealthiest
state in our union; but ! protest that this
| circumstance should not make her citizens
the target Of q very vicious scheme which
| discrimlnates against her interests and es-
| pecially that tue blow should not be struck
BY those political friends who have never
| appealed to her in vain when they have
needed evidences OF her friendship. No
American statesman Of rank except Mr..
| Cleveland has deemed it eligible, since our
| war experience OF an income tax made
manifest that here too in the northern
| states it was generally Udious. 1t is nov.
city IN AmericOn politics to make Its con.
c!uslonS and procedures deliberately often
sive. 1t Is like making religion immoral
and urOanlty noisy II order to command
| and propagate them. No such federal az
! grandizement was ever pTojected-no such
lnsiduous and deadly assault upon state
rights, state powers, and state independ.
euce as a federal Income tax.
To double the deficit Of SIS 900. 900 by
way of ending it; to discard $40 coo 900 OF
annual reyeru. In order to collect twice
rs much IN other ways; to 'embQdy tariff
REFORM us the president imagined him
self to be doing in his scheme to submit
direct taxes for the tariff taxes whict
We're to be reformed; to reconstruct all th,
schedules instead OF amending or discard
ing one group at time. the worst frs
aud each upon It's own demerits: to dis
turO and distress as many business men n,
possible and all ut once, ms sead of a fe0
at time, is not a programme perfectly
matured and suitable to conduct the pol-
icy and principle of tariff reform unim
paired tnroGgn period OF general bust
ness prostratiou, public deficit and privst,
bankruptcy.
For my own part, as a Democrat, | pre-
fer indirect taxation and tariff reform
above direct taxes and tariff extinction.
prefer taxing foreign products rather thar
taxing home products. | follow Jefferso,
IN regarding even the species of indirect
taxation on home products by interna
revenue war taxes as not good to be ex
tended and the first to be rid OF when thel
need is past. That taxation of incomes i,
the United States would be sectional AM
class taxation is precisely why it com
mends itself to some men OF IKE EuropeaI
tradition. Their advocacy is sincere anC
has one small excuse, that through on
own stupidity and negligence some part
Of our tariff schedules have been shaper
to enrich few Carnegies with texts TO
sermons on triumphant Democracy ant
the best use or wealth,
If McKmleyism is socialism for the bene
fit Of the rich and income tax Is socialism
for the benefit Of the poor, no true Ameri
can Democrat will look to the hair of tn
dog TO cure his bite. American Democrat
will reject socialism of both kinds. Tf m,
counsels were needed | would surprise ant
satisfy the country by the conservatism o
our progress in revenue reform. The Nc
| a,,1gr I4i Loot Nla.,
, ents by its extreme features in one direr
} tion and we should avoid the opposite ex
treme,
will cheerfully vote for the Mills bill
and join with you in making many mater
ia reductions of duties therein. / nm
ready to waive all minor difference OF dc
tails which do not involve u question O
: principle. Having spoken today especi
ally upon the income tax feature of thi
bin. reserve the expression of my view
upon its other features until near the clos
OF the discussion.
MIR. President, this is an important crisi
in the history of the Democratic party
The failure OF the tariff revision means tn
} defeat, the Generalization, il not the div
sion and the aqnimlatiOn of our party
Moreover, it means, as we believe, iniur
TO the best interests Of tho country. LIE
those who insist upon injecting into thi
bill this odious and un- Democratic featnr
of an income taxa relic of war legslatio
pause and reflect upon the possbi
5 consequence Of their unwarrantable de
. mands.
They should realize that it means tn
loss Of the control OF this senate, nov
nearly equally divided between the tw
great parties; it means ths loss of the mex
l house of representatives; it means til
t loss of the electoral votes Of New Yorl
New Jersey Connecticut, and probabl
} every northen state, aud, finally, it mean
the | oss of the next president and all tina
it impla. They should recollect that IN
income tax feature is justly regarded i
New York and many other states as
scheme of spoliatou and unwarrante
) sectional attack upon their citizens G
8 means. They Should consider whethe
there is anything about an income tax s
> sacred, so desirable, so popular, 50 jus
ana so defensible that its maintenance
D worth the risk which they are precipita,