Mississippi leader. (Jackson, Miss.) 1892-1895, 1895-05-07
ARP GETS NEW LIGHT.
He Has Been Reading Coin and Has
Learned Much.
Harvey, Its Author. Is q southcrner-Hs
Was In the War and Lost an Arm
at Fort Donelson--No Answer to
Coin Has Yet Appeared.

uocsh dnsNer III anu prove III u lle IL
will shake this country from center to
| circumference. The bankers and spec
ulators and money kings will be over
thrown and the danger is that the
masses will go too far in revenging
their wrongs, and, like Sampson, pull
down the temple and crush all alike.
When he shows up the inequalities OF
| taxation and how the rich escape, it
makes the blood boil with Indignation.
Aside from the silver question he gives
acertificate of David Gore, the Auditor Of
Public Accounts for the State of Illinois,
which shows that all that the bank
ers and brokers of Chicago had assessed
for taxation was only S44. 900 of money,
| while farmers Of that county were as
sessed Ss4, 600 for agricultural tools and
implements. Think of it! The farm
ers' tools are assessed nearly twice as
much as all the money credits and Sc
curities Of all tho banks, bankers and
brokers of that great city. And all the
| diamonds and jewelry in Chicago were
| assessed at SIT, $50, when it is known
| that single families live there who own
diamonds and jewelry ten times that
sum in value. The money Of these
banks amounts to hundreds Of millions,
but through the manipulation of muni-
cipal politics the rich control the asses
sors and escape taxation. Can this be
true? II it is false why doesn't Eli
Perkins say so. l see that he has taken
the field against Coin, but can't tell
exactly from his last piece whether he
is lying or joking. He closes it by say
ing that after he had shown Coin his
errors and fallacies Coin gave it up and
the tears rolled down his cheeks and he
dismissed school and declared he wasn't
| gwine to teach any more. like Eli. L
like any lie that is funny and harmless.
| / used to like to read Baron Munchau-
sen, and like to read Eli now. con-
| fess that it strains my credulity to ne
| lieve what Coin writes about the Chicago
bankers tax, but there is the certifics te
of the state auditor. Surely there is
some explanation of all this. We know
what Solomon and Paul and the Savior
said about rich men, but i never be-
| lieved that our rich men were that bad.
We poor folks whose income was under
the mark, believed that TO tax large
incomes was the right thing to do, but
it seems that we can't do it. We are
taxed all the time on the outgO through
the operations of the tariff-a tariff for
revenue only with incidental protec-
ton. 1t is the incidental that gets us.
An American sewing machine or q
mower or reaper can be bought in Lon
don or Brazil SO per cent cheaper than
we can buy one here. There comes in
the incidental. 1t is protected here
from foreign competition and the profit
is SO gre at that Mr.. Singer or Mr.. Nc
Cormick can pay the freight across the
ocean and then sell it for less than be
will sell to us. Isn't that funny?
Harper's Magazine sells all over this
country for 35 cents, but sells all ovnr
England for 25 cents. An American
cedar pencil of the best quality sells
here for nickel, but you can buy the
very same in London for copper. And
lust so it is with hundreds of other
things that are made in this country.
This incidental is not accidental, but
was done on purpose at Washington and
our law makers say we must stand it.
Boys, let's fight. No, don't mean
that exactly, but let's meet and pass
come resolutions-let's do something.
Now, the Chicago goldbugs have called
. meeting to see if they can't stop all
this rumpus about silver, but they
might as we'll try to stop tornado.
wasn't taking much stock in these
financial affairs, for had read so much
on both sides that it made my head
swim, and so when friend sent me
Coins first book took it up with preju-
dice against it, for l supposed that Mr..
Harvey was Chicago Yankee and was
paid by the Inter O:ean to write on that
side, and so / fortified myself against
being seduced by his book. l read it
rather hurriedly, watching for traps and
triggers, but / didn't find them, and
found SO much information that was
news to me that read it more carefully
the second time, and / came to the con-
clusion that Coin was a very smart man,
or was q very great fool-one or the
other. His last book is better than the
first, and IL these two little books are
made up Of fallacies the goldbugs had
better get somebody else besides Eli to
expose them-Eli's forte is fun, not
finance-though I'll bet a dollar he was
opposed to the income tax.
But received very interesting let
ter from lady of West Virginia, telling
me that William Hope Harvey, who
writes these little books on finance, be-
longs to our side, and was born and
raised in Putnam county, not far from
her own home; that his father resides
in Huntington, and was a Confederate
soldier; that his elder brother. Thomas,
was the Democratic candidate last year
for congress, but was defeated because
of the blunders of the administration;
th at he, too, was in the war and lost an
arm at Fort Donelson; that the whole
family are Democrats and Southerners
to the core and have IS good blood in
their veins as any in the Old Dominion,
being related to the Lees and to Stone
wall Jackson. She says we who know
the Harveys are proud Of them and
especially Of William Hope. the author
Of Coins books.
That se titles it with me. That kind
It aman can't be bought or bribed and