The herald., 1894-03-20

discussing measures TO dispose OF the
surplus funds. The public credit had
improved TO such an extent that British
capital was offerod thero at lower rates
than in any other British colony. and re-
fused. Her export bu5inses had gained
in Eve years from 0,000, 900 to over
10000, 900, while her import business
Increased 10 a still higher rate. Money
.s plentifal and business is generally
prosperous. Altogether. tho colony's
success is looked upon by interested
Englishmen, "a well as by many
thoughtful people in other countries, as
one OF the most interesting and instruc-
tive phases OF popular government any
where to be seen at the present day."
Mr.. Bennetts statements were lis
tened to with interest aud warmly. APP
plauded at the close.
The president OF the club took issue
with something stated by visitor at
the meeting last week. Mr.. Hoyt said {:
"A gentleman ON this floor, while
ostensibly asking questions concerning
the single tax, made statement con.
cerning Henry George which l sm not
willing should longer 60 unchRll6Dged.
He said that few years ago when
Hutchinson, the great Chicago board OF
trade gambler, made $2,00o,0 600 in q
wheat deal, be thereby compelled the
poor widows and orphans of the land to
pay an increased price for their bread,
and that Henry George, in his Standard,
approved the transaction, declaring IL
was right. II the author OF this state
ment had simply said Henry George
explained that, as h6 viewed
it, the performance OF Hutch.
inson was simply a gambling
operation in futures; which neither in
creased nor diminished the quantity
OF wheat in the country, and neither in
creased nor lowered the cost OF that sta
pie 10 the consumer-if that had been
the statement made, there would be no
ground for dispute. But il, as his Ian
guage implied, the speaker intended to
convey the idea that Henry George ever
approved OF putting up prices OF bread
through any scheme OF egalizsd gam
bling, deny the charge and call for the
proof. Until the gentleman who made
the statement produces positive proof
to support it, all who are familiar with
the noble character and philanthropic
impulses of Henry George will believe
that he has been either ignorantly or
purposely misrepresented here in mat
Ter involving a vital principle"
Opportunity fo- questions and an
swers was then given.
Mr.. Stewart spoke first. He said that
under the single tax the production
would remain in the hands of the few.
All the poor man could make would be
what he can produce above the margin
OF production. Rich men can uee the
good land and pay the difference be-
tween good and poorland
A gentleman asked if congress does
not give US money to pay taxes how
could we pay the land tax2
Mr.. Hoyt said, If our congress don't
furnish us money. elect a congress which
will.
Objection was raised to allowing q
senator who stole his millions to 90 free
from taxes.
The president answered that the
single tax is not responsible is the peo.
pie choose to elect thieves to the senate.
Mr.. Owens said the laborer should
have the full products of his labor, but
complained that the products of labor
20 into the pockets of the capitalist.
Mr.. Levi said that no man can really
earn $1,000, 900 in one lifetime, unlese
under bad laws. United States bonds
pay no tax.
DR.. PEBBLES said improvements will
drive small land owners away under the
single tax.
"How could you get back all the mil
lions that have been stolen from the
people in the past2"
The secretary answered that if any
Of the eoualizers of fortunes will invent
q scheme to get back what was stolen
from them in the past without getting
into trouble, let them 60 on and do il
without bothering us about it. We
single takers are not in that business
All we claim for the single tax ie that
it will stop land sharking and give
labor a chance"
Mr.. Levi said the glory of the single
tax Is to prevent the speculator from
holding the good land idle.. In order to
hold the land he could only afford to do
80 by employing labor to use the land
to good advantage.
Mrs. Jennie Sanderson, the soloist OF
the evening, rendered several very
agreeable songs, which were heartily re-
ceived by all present with liberal ap-
plause.
An announcement was made that a
new book was published which was
written by 5. Byron Welcome, of this
city, and which is a novel with the SIM
gle tax for purpose. After adjourn
ment the new book cold like hot cakes.