The Pascagoula democrat-star. (Pascagoula, Miss.) 1878-1920, 1895-05-31
ARP GETS NEW LIGHT.
HE MAS BEEN READING COIN, AND
LEARNED MUCH.


/ have just finished reading Coins
last book, "Up to Date" II some
body does not answer it and prove it
a lie it will shake this country from
center to circumference. The bank
ers and spectators and money kings
will be overthrOwn and the danger is
that the masses will go too far in
reyenging their wrongs, and like
Samson, pun 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
tie silver question, he gives certif-
cate of David Gore, the auditor Of
public accounts for the State of Hi
nois, which shows that ali the bank.
crs Of Chicago had assessed for tax
alton was only S44, 900 of money, while
farmers Of that county were assessed
pSi,OQ for agricultural tools and i'm
plcments. Think Of it. The farmers
tools are assessed nearly twice as
much as all the money credits and Sc
curities Of all the banks, bankers and
brokers of that great city. And all
the diamonds and jewelry IN Chicago
were assessed at Sl7,750, when it is
known that single families live there
who own diamonds and jewelry ten
times that sum in yalue. The money
Of these banks amounts TO hundreds
of millions, but through the manipu-
lation OF municipal politics the rich
control the assessors and escape tax
alton. Can this be true? If it is
false, why doesn't Eli Perkins say so.
| see that he has taken the field
agaist Coin, but ! can't tell exactly
from his last piece whether he is ly-
ing or joking. He closes it by saying
that after he had shown Coin his er-
rorS and fallacies Coin gave it up and
the tears rolled down his cheeks and
he dismissed his school and declared
he wasn't gWne to teach any more ]
like Eli. | like any lie that is funny
and harmless. used to like to read
Baron Munchausen, and | like to read
Eli'noW. | confess that il strains my
eredulity to believe what Coin writes
about he Chicago bankers tax, but
there is the certificate of the State
auditor. Surely there is some cxpla-
nation Of all this. We know what
Solomon and Paul and the Savior
said about rich men, but | never be-
lieyed 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
tarlff-a tariff for revenue only with
incidental protection, 1t is the Incl
dental protection. 1t is the inciden-
tai that gets us. An American sew
ing machine or mower or reaper can
be bought in London or Brazil 30 per
cent. cheaper than we can buy one
here. There comes in the incidental.
1t is protect here from foreign COM
petition and the profit is so great that
Mr. Singer or Mr.. McCormic can pay
the freight across the ocean and then
sell it for less than he will sell 10 us.
Isn't that funny? Harper's Magazine
sells over this country for 35 cents,
but sells all over England for 25 cents.
An American cedar pencil of the best
quality sells here for a nickel, but
you can buy the same in London for
a copper. And just so it is with hun
dreds of other things that are made
in this country. This incidental is
not accidental, but was done on pur-
pose at Washington, and our law
makers say we must stand it.
Boys, let's fight. No, l don't mean
that exactly, but let's meet and pass
some resolutions-let's do something.
Now, the Chicago gold bugs have
called a meeting to see if they can't
stop this rumpus about silver, but
they might as well try to stop tor
nado. | wasn't taking much stock In
these financial affairs, for l had read
so much on both sides that it made
my head swim, and so when friend
sent me Coins first book I took it up
with prejudice against it, for supposed
that Mr.. Harvey was a Chicago Yam
kee and was paid by the Inter Ocean
to write on that side, and so | forth
fled myself against being seduced by
his book. ! 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 very smart
man, or l was a very great fool-one
or the other. His last book is better
than the first, and II these two little
books arc made up Of fallacies the
gold bugs had better get somebody
else beside Eli to expose them Ellis
forte is fun, not t1nance-thouRh I'll
bet dollarhe was opposed to the in
come tax. BILL ARP.
The Cumberland Presbyterian
N - Miana Ml...