The Van Buren press. [volume] (Van Buren, Ark.) 1859-1914, 1898-07-16
GOLD c0xIxG HERE VOW.
gsszEse There l. : Bread FaSafne Il
Eareps-Tkere l. - Ned 81 Var
Boats That Escape all the
Bardens II War.


sr seszaa Gaze. x Czas.ga Ms Hs-
Tnere :. Ii a Ration q the face q
tn earth wasr@ TIE single gold STANDARD
L thoroughly established fEat ever ez-
uec5a 80 LAY IL principal q is public
fefs. zad n9w sEe money Kings Of the
v9rld arr usfnz gae Republican party
A. a tool 30 bring the United States 20
tEls SANE condition
{ When odd Bill AIlsn. distin-
e1fshed citizen q Oai0. said God re
deMusi01 i barren IdsalIty ne
uttered frozen truth that EIH b
recognized A. We grow older and ELseE.
{ In tinaes q war. panic. trouble and
tri5uIa5i0n the gold standard has always
proven a rope % sand. Gold viii q
where II can get the most. Gold =
coming here nov because there i a
bread famine II Europe and food pro-
duets are cheaper here thar anywhere
else. If the war with Spain lasts any
length u tine the owners o. gold will
Iose faith in the equivalent Of gold
and hide tneir treasure As they did y men
the blue and gray met in mortal com
bat When orr government l. spend
ing from one 10 two millions day for
81 Indefinite time 10 kill, TO burn, and
% lay waste. the owners Of gold viii
put lock On cur standard Of value and
they will hold the key
1hs Republican party now proposes
10 Issue 800 ,900, 90 OF interest bear
ing bonds a. q war Measure and under
the national banking act loan 10 the
bOn1holdefs the people paper money
without interest. 20 that while the PEG
PIE are away 10 the war the untaxed
b0ndholders can draw interest on all
they own and all they owe, and az the
same time levy On the people war taxes.
4 bond issue locks up the money from
circulation and from the tar gatherer.
While the supreme court has declared
that It is unconstitutional TO tax the in
comes Of the rich the burden Of the
present taxation bears heavy on the men
VINO own productive property and en-
ploy labor. Producers are now paying
taxes on property that pays no diyi-
dends Property that pays dividends
escapes taxation. There Is so much
property that is untaxed that towns and
cities are forced 10 issue bonds TO pay
running expenses. We have now all
the blessings and sweetness Of the gold
standard, but the tax payer has hard
work to get the tax laying dollar.
This good old town Of Turner has a
state valuation Of little less than
800, 900. Last year the selectmen
borrowed 81. coo TO pay the school
teachers and other town charges, be
cause last year taxes could not be col
lected without too much strain. At
our last March meeting the town voted
10 Issue 81 900 Of twenty year bonds to
cover the deficiency Of last year S un
collected taxes. The near by town of
Summer Is going to celebrate the Tooth
anniversary Of the incorporation of the
town this year. The town voted to ap-
propriate the magnificent sum Of F2j
for celebration that can only come
once in hundred years. These two
incidents in the towns Of Turner and
Summer illustrate how heavy is the
present burden of taxation.
The multitude Of tax payers are wear
ing their old clothes and buying moth
ing new. There are carpets in the
homes Of the people, but they are all
old carpets. A late large auction sale
Of carpets was very unsatisfactory
prices were below one half the cost of
production. What little the people
buy they wait for bankrupt sales, and
they don It have to wait long either.
Everybody is hunting for chance to
buy cheap. Our restricted consump-
| ton is confined to goods that are for
sale at less than the cost Of production
Under existing conditions war taxes
won pan out as they did in the war be
tween the states. Before war taxes
were levied paper money was primary
money. Gold was frozen ont Of the
internal commerce Of the country and
the premium on gold was no account
only to the gold gamblers. During the
war and years after when we had plen-
| ty Of good money, and a standard OF
value the gold gamblers could not cor
ner, the manufacturers of New Eng
land paid large war taxes and the
When the greenback was primary
money the producer paid internal
revenue taxes from his profits. The
more he produced the more taxes he
paid and the more profits he made. But
when wise men discovered that the
greenback was not honest money
and gold alone was made primary
money, conditions were brought about
that paid bounty to idle money at the
expense of productive property. There
is plenty of idle money within reach OF
the wheat gambler but beyond the
reach of the honest producer.
The mills Of New England have been
on gold basis for the last fifteen years
but they can pay war taxes now with
out cutting wages down to q
point below a decent living If wages
are cut again the men and women who
work in New England mills will use
hogs grease instead of butter. That
means that the tax paying dollar will
come harder to patrons of the Turner
Center Creamery. AS the tax paying
dollar appreciates the tax payers