The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-12-28

they should be built along the banks of
these swift streams, where there is ample
water power to be used while fuel is cost
ly, and where steam can be substituted
when fuel is cheap. If fifty men on each
of these rivers would subscribe but $500
each, capital of $4,000 would thus be
raised. and they would begin where the
farmers in North Carolina began, and in
few years Texas would outstrp her in
her grand strides towards the solution of
the difficulties that now embarrass nay
hang like a pail, over the cotton growers
OF the South. If cotton is king under the
present low prices and financial condition
of the kingdom, its once proud and pros
porous rural subjects (producers) are fast
becoming helpless slaves. prosperous
and contented rural population is by far
the best and purest on earth, and the gov
eminent that so shapes it's laws as to
ei lancipate such people, or save them
from such fate. is governed by statesmen
who seek for and know how to secure prog
perity and happiness of the country. Let
us hold UP the hands of such representa-
ives as the senator from Dallas, Mr.. Bow
ser, who so earnestly advocated such q
law at the last session of the legislature.
Let the people speak and it will be done.
/ contend that an act Of the legislature
of Texas, exempting such machinery from
taxation for a term of years, as may be
brought to and operated in manufacturing
establishments in this State, WILL Just at
this time, attract the attention of capital
lists here and elsewhere throughout the
civilized world, and will violate no demo-
cratic doctrine. l do now and have al
ways opposed the protective tariff system
as advocated and enforced by our political
opponents. Our proposition is in no sense
a protective tariff or the payment of q
bounty, against which the democratic mar
" is SO thoroughly and properly committed.
but there are those who WILL think, with
OUT serious thought, oppose the measure
because they think il is a protective tariff
or bounty to be paid by the Suite: hut
such is not the intention or the effect OF
such law. tariff Is a tax levied and
corrected on articles named. A protective
oarin increases the price Of the article
taxed TO the consumer. II is a benefit slon,
10 tne owner OF the factory, and is datri-
~. " 'he purchaser and consumer of the
goods manufactured.
rms proposition Is alike beneficial To the
owner OF the factory and consumer of the
soous, ana does not increase the nrice NJ
tue goods to the purchaser, and Is a very
great benefit 10 the producer of the raw
material and produces a market for other
lips, bounty is something paid out by
TINS proposition. 1t does NOT remit tax
now due on property now in existence or
,,iat VIII, in all probability never reach
,he state Tor years to come without such a
law. But 1t does say to the canitaJist. ~
you VIII bring this machinery to Texas
ailu operate II In cotton or wooden factory
we VIII exempt such machinery from taxs
ton for term of years because our noo-
PIE VIII thereby be benefited more than
we TAX could possibly benefit them II COL
iec'eu on the very small amount OF such
machinery that would otherwise he hrouebt
INTO the state within the time specified.
instead OF but two small mills to con-
sumo but 10000 bales of cotton per annu,u
hVe milton OF spindles ought TO be in oner
aton In Texas to consume over z ma nm
paies OF cotton. and furnish "A home mar
het tor ten times our other diversified
urors. And this we must do in the future
II me people are wise enough to send
statesmen to the legislature
Let The Post put the bali in moiion ana
SECURE ior Texas the prosperity to which
she is so justly entitled, and which be-
''eVe can be thereby, 70 great extent, Sc
cured In spite of the legislation by con-
gress against the masses and in favor n,
'he combines, trusts and MONEY! changers
re. tne hum OF the cotton factories be
MI n.a aiong the valleys and across the
nils and plains of Texas. and before ths |
,ast OF the old Confederate soldiers shall
rave passed away they will realize that by |
.ne annihilation of space between the cot |
.on helds and factories New England will |
~, ~ longer be the arrogant dictator and |
pioou-sucker she has been for half n cen |
ana tnen VIII the shout go up from |
one end Of the Confederacy to the othsr
that by the eternals, we have won the |
''N'oi5 Ut ihst. Democrat