The Farmington times. [volume] (Farmington, Mo.) 1874-1902, 1900-08-23

the invisible property escapes, the
possessorr of visible property mr.,
overiaxed In order to make up fer this
evasion Of thoae who possess invisibl,
property. But even when a property
tax il honestly collected upon ali
FIRMS of property, real and personal
u Is not MS fair a tax az nm income
tax. Property may he temporarily
unProductive. II farmer paws taxes
ON his land, the tax goes on, even
though the crop may fail. II money
lender pays n tax upon his money, hi
security may fail, or there may be
default In the payment of the inter.
est, while an income tax adjusts itself
10 the condition 81 the tax PAYERS,
being large when the income IL large,
and small when the income q small"
THE TRUST EVIL.
MY ftllow-citizcns, time foyhids an
eNici dcd discussion 81 the great qucs.
ton Of trusts, Their evil effects arr
almost everywhere apparent The is
hue of composition sgainE, consolida.
ton Is one frRught with tremendous
effects upon the happiness and pros.
| "riy OF the great body Of the peo-
l'lr. This ~ an era Of consolidation
and concentration, the result IN mart
Of a striking revolution In our indus.
trial civilization due to the discoveries
OF the powers Of steam and electricity,
and their application TO machinery. to-
gcther with unwisc legislation. The
steady tend Of events under re-.
publican legislation Is In the
direction Of powerful monoplics u l.
not possible, neither IL IL dciirahlc. to
pat limit upon the inventive genius
OF our people. Invention has made II
Possible 20 bring comfort mud even
lnNurieE 60 the homes Of the humblest.
and " the United Stltcs. by bcnefcent
liquidation, should harness the mighty
forces of this civilization for the bene.
~ Of all the people, there would be
but few mOnopolistic clouds upon the
sky OF our domestic future. The spirit
~ Invention has lowered over the trgn-
blcd waters OF human toll until the
transformation Is the marvel ~ the
age. Invention has wrought nightly,
and enormously increased production
IN every arena Of enterprise. There
has been enlarged production on the
farms In the mines, in the mnnufac.
tories whenever there is labor, and
there should also b. q chcapcniug OF
the output and CONSEQUENT Increase of
consumption; thus Increasing tie en-.
rloylr cnt Of labor. liy tho aid OF Ia.
bor-snying machinery GOO hands in the
manufacture Of agricultural imple. |
inehit can now do the worn formerly |
requiring 1900 men. ia the manu-. |
iarturc of boots and Shes one hand
how does the work formerly recurring |
I'VE men; in the manufacture of car.
pets Cnr man cen now accomplish a re.
suit which in other days required ten |
to twenty men; in spinning n like In.
rrrnsc ct prediction is seen; and In |
The great indt stricr Of cotton and
Wv"lru goods. iron, steel. slwrd Ium.
brr, paper. flour and grist mills. Il Is
estimated that 81, 100 crxouE with |
The did oi machinery perform the Ia.
b'r formerly requiring is.iaj.Oll per.
Sous.
Mr. ". {. DCdgr, prctoctionIst of
natirnhl reputation, ard the author Of
recent publication entitled. "Our
Country What Il j.. ani what has
made i what II H." iScnatc Doumep,
No. ldN.l, among ether things. SAYS.
Tut Willie IN past years protection IN
he form ri q 'ariT was of the utmost
Importance and assistance iu building
up our manufacturing industries. il
must hc apparent tn every ohacryinr
icrscn that protection IN the form Of
'rih h constantly becoming Of less
Importance "a us" Continuing. he
.ays: Now. how Is II, and what Is II
hat enables an operative today Ia
'rnducc so much more in n less mum. |
'cr Of hours than De could thirty or
orty years rgo? II is simply invention
The inventions embodied IN the i'm. |
'ro'ed machines, tools, processes and
Ppiinhces that our inventors are con.
family furnishing tn our manufaciur.
RS. Again, he declares that "this ~.
inrkahle increase manufactured q
roductt) has been largely. II not &
ininly. due 10 our Inventions, rtimu. Z
'td ard fostCr,d hv our prtcnt sys- c
IN Continuing further he saws" c
he cost Of production has been In b
hat way tby labor-saving machinery I
norm"rsly decreased. One man with II
ic aid oi machinery can oft tilccs do y
Ie work which II required ten men 20 {
. without machinery. That has great. h
reduced the prices Of Such articles" h
! could multiply quotations. hut | n
I'VE made a sufficient number to Is. a
bliSh that iahor-si,ing machinery u
lorinously arguments production.
bile at the same time 1t should q
Ieapen the output, increase The con. Il
mption. open up new fields for In. :
II and give added employment 10 Ia. u
". Bnt for unwisc Legislation these 50
ply results would be as certain as NJ
c course of the seasons or the rcyo. l'
ton 81 the COZ th upon its axis cl
are essential n The or, M
nizatien Of trusts; because they can IN
I exist In the presence Of comprti. in
IN. II follows. Therefore. logically tr
Mt trusts are tho rich fruitage Of e
One of the great writer's N
political economy anticipated the pl
sbeni condition of our country in the VI
We statement that. where compe- an
lon u not, monopoly IT," Another be
liter ct eminent Rliiity declared with ci'
emphasis Ct unanswerable logic
Il where com binailon II possible, an
nretition Is impossible tn
Or. Chairman. II being-cbyious that DIR
SITS could not exist 10 there was <.
composition, the people mist as. ce
tain the causes which prevent com. an
ition In order 10 make an intelli. We
II application of remedial lcViSIa. an
.. IL will not be denied that there en-
certain trusts which are due 20 the :
noPoiy OF natural advantages. Thr ~
hracite Coal Trust Is a notable ex. re,
I'ie " this character Of irnsl doe In
he ownershiu hy few Individuals in,
The only anthracite coal mines l., sta
United States. There lis another su,
OF trust due In part Ia q monopo. evil
" natural advantages ind In mari pra
the advantages incident to GU, tru
emit laws and this discrimination by llu