The Black Hills union. [volume] (Rapid City, Pennington County, Dakota [S.D.]) 1889-1904, 1898-11-04

CAIS1lI Nv oppoolllOH " Tile ldAllS |
features of the bill.
l shall not discuss the non question
in all it's various features, but 1 will
endeaVOr to point out before l conclude
wherein the United States can obtain
ample money with which to conduct
the war without the issuance of an in
terest-bearing obligation in any form.
But before l do so I wish to call at
tention to a notable exception to the
corporations that do not want to be
taxed. I wish to call attention to one
corporation that has expressed to me
in writing in the form of a dispatch
a desire to bear it's full portion of the
added taxation with which to success
fully conduct the war. 1t is so ex-
ceptiOnal and so rare and refreshing
that 1 feel l ought to read the dis
patch. I read:
New York, May rs, 1S9S.-Hon. w. v.
Allen, Washington, D. c.: The beet
sugar manufacturers of the United
States do not ask and do not want to
be excluded from paying their just
share of the war taxes along will
be imposed. HENRY T. OxNARD,
President.
Mr.. President, it is truly gratifying to
find a great industry like the American
Beet Sugar company coming forward
and taking a patriotic stand at this
IIItle anu saying ~ COIlSIeSS, we 40
not desire to escape taxation, but as
patriotic citizens we want to bear our
full portion of the public burden and
contribute dollar for dollar our equit-
able and just portion of taxation" How
strongly this is in contrast with the
kilograms and letters we receive from
all over the country protesting against
J the imposition of a tax upon this parti-
cular corporation and that particular
corporation and this particular inter-
est n that particular interest. Mr..
President, it woul seem, if we are
to follow the advice and request of
some of the gentlemen representing
corporations and some of these inter-
ests, that the government would be
absolutely paralyzed for var of
money. We would not be able to raise
a dollar to conduct this war in which
we are all so deeply interested.
But bonds, Understanding obliga-
lions, are what is wanted, say some
senators, n the senator from Connec-
ticut (Mr. Platt) yesterday said that he
thought it was just that the burdens
of the war should be distributed
through the years-that this generation
should not bear the entire burden. That
is the argument of cowardice. There
is nc other word that fttingly ex-
presses it. Every generation should care
for itself and pay it's own obligations.
1t would be absolutely cowardly, in
excusably cowardly, to suffer the trans
mission to our posterity of a great ma
tional debt, to rest as a blight upon
them and their industries. Why should
we transmit to another generation the
obligations growing out of this war
and the duties imposed by it?
No, Mr.. President, the great masses
of the people desire to pay as they go.
They are willing to pay their just por-
ton of taxes, and they do not want
this government at the end of the war
indebted one dollar more than it is
at the present time. But a patriotic
wave is sweeping over the country; the
people are moved as they " not been
for a third of a century before, and
taking advantage of it the infamous
money power of the United States and
Europe is e~ndeavoring to foist upon
the people a perpetual national debt. I
n because it is destructive Of hu-
man liberty and it's mission is to de-
I stroy liberty. There is not enc of that
power, sir, who would not see this
government sink to the bottom of the
ocean if he could make a fortune by
it. There is not an impulse of patriot
ism, not a feeling of affection for the
government among them. The govern
ment is to them simply a carcass upon
which they are to feed and fatten.
Mr.. President, who has pointed out a
necessity for the issuance of bonds, n
who can point out the necessity for
it? We may go through the legerde-
main of politics which is exhibited here
so frequently, pointing to the difference
between gold and silver and paper
money where there is in fact no diff
ference. We may try to blind the eyes
of the people by a process of pettifog-
ging, but it will not succeed. There is
no cause for the issuance Of interest
bearing obligations, and the people are
not so blind but that they will see
the iniQuity of an ISSUANCE if it takes
place. The senator from Iowa (Mr.
Allison) said in his opening statement
a few days ago that this bill as drafted
by the senat finance committee would
give a net increase of 1852, 4S1, S06.
The secretary Of the treasury n
Mr.. Dingley of Dingley bill notoriety
tell us that the war would cost about
$500, 600, 900 in addition to the ordinary
revenues of the government, unless the
deficit of sixty-Odd millions under the
Dingley tariff act is to be covered up
by the bill. One hundred and fifty
two million four hundred and eighty
one thousand three hundred and six
dollars extra rel by taxation can
be delivered from this measure. Add
to that the money in the treasury this
morning, amounting to $205, 273, &c., 6,
and there will be a total with which
to conduct the a of 1851, 755 ,2S2.26 or
$57, 755, 1884, &c more han is necessary. To
this, Mr.. President, we can add forty
two millions by the coinage of the silver
seigniorage in the treasury. We can,
by re-enacting the income-tax provi-
sions Of the tariff act of August, 1894,
increase the revenues forty millions
more. and by the issuance of $3.50, 0o0,-
900 greenbacks can make the grand
total Of extraordinary lei for the
year $3.50. 1872, 2s2. 26. or $3.50. 755. 1922 more