The Caucasian. (Clinton, N.C.) 188?-1913, 1894-08-02

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The Substitution 81 iVS"l 'e1iuol 'o"i1
notes, 10 supplement- me use Vi 6oiu anu 9i'-
yer money l97''eu III 9'''l'i'i' ''''Ii> W W
The business OI the country Oh d CASH 9S9
lem regulating the amount hceueu Oh d PEI
capita basis As the business Interests % Ille
country expand, ana That all money issued
Toy the government shall he legal tender III
payment OF all debts, both DuDAC ana PR
yate.
t. We denOunce bOtA the RepuOiICan and
Democratic parties Tor contracting the cur
renCy OI the country While population and
business increases, and also Tor the IurtheI
crime OF issuing Interest bearing bonds III
times OF peace, 70 he perpetual delt upon
the people and constant drain uIOn every
productive Industry 10 pay the interest
thereon. We favor the issuing Vi more
money to give Il new impetus To every non
est industry, instead ot issuing lnterest-Detr-
ing bonds, which not only makes money
oCarCer, Stagu4Lcb trade and paraiyZes every
industrial ENTERPRISE, but which al,O leIotn-
ems the greedy ungers OF the heartless shy
locks 50 that they can reach into the pockets
OF the next generation and rob them vi tueii
wealth as soon as earned. We denounce a
pOhcy which fosters no industry 50 much as
1t does that OF the IuUrtgagee and Snuru
>. We uenOunCe the Mckinney tarIu bill
and the pending Democratic tariff bill as
UNJUST To the consumers OF the country, ana
leading TO the formation OF trusts, combines
and mOnOpOlles winch have oppressed the
people, ana especially do We denounce the
unnecessary AND burdensOme increase IN the
tax on sugar and other ueceSSarIes OF life
50 largely used 10y the poorer portion OF our
people, White the taxes have Deen lowered
on some OIL the IuAufles OF the rich, winch
should bear the heaviest burden. We espec-
Tally denounce the pending tariff blI as a
coWaruly nakeShlII Ior Larlu reform. 1t
hoi only Substitutes Democratic protection
IoF hepupllcah protection on certain manu-
l"Ctuleu d. tlcieS' p"t also strives TO dacrInI-
lia'e against tlAe PlouuceIs oi wealth by put
tlhS Ille raw materials which their labor pro-
duCeS upon the Tree llst While 1t forces them
. every cltlzeh 10 pay nigh tax Oh the
manufactured article. The revenue OF the
government can and should be raised with
Out such unjust and increased dlscrimna-
Iloh.
t. We favor a graduated tax on incomes
that viii tax all incomes, private or corpor-
ate OF S9'VV0 one per cent, and on all larger
incomes proportlonate Increase SO that the
wealthy Will bear their share of the expenses
OF the government III proportion TO their
ability to pay. If such law was in force,
and properly executed, we believe that sui
hclent revenue would be raised from that
source to enable us to reduce the burdens on
those III moderate circumstances, now so
heavily taxed, at least one-half
I. We favor the enactnent of sucb law.
by Congress as shall effectually prevent the
dealing III futures of all agricultural and
mechanical productions. We do not believe
sufficient to remedy the evil.
s. That when the state and National Mat.
form come III conflict Ollr RpDrpSpntat,va~