The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-11-04

up. From the operation OF this law the
state and counties have realized over
Sl,5OO,000 from those who have hereto
fore escaped taxation. This money has
t9me mainly from the centers of wealth
As result of the economical administr ira
ton OF the public affairs Of this state
by the democratic party. and the opera
ton OF the laws for which IT is RESPONSE
be there is now in the State treasury
an unnecessary cash balance of three
tourths Of million dollars With a tax
rate of only l6 23 cents on the 500 val
uation which rate will no doubt be still
luFther reduced by the next legislature
The tax rate of California is 81 cents
on the 500 valuation Illinois AZ cents
Kansas II cents. I have only quoted a
rev republican STAKES for purposes of
comparison. There Is only one State in
the Union which has a tax rate as low
as that of Texas.
PROGRESS OF TEXAS.
Now what has been accomplished In
Texas p'aler the operation OF these laws
which some people nny really believe
are inimical to capital? To even briefly
reclte the marvellous progress of Texas
would be a considerable TASK. Condensed
the tax assessment for the present year
$500 900 600. an increase OF about $780,
100000 in our taxable values during the
past ten years. which indeed represents
an addition to our wealth of the faoul-
Gus sum OF near half a billion dollars
1t is confidently expected that our 2200,-
GOO population will show an increase in
the same time OF at least 100000 Our
Industrial plants have been more than
doubled. Cotton mill companies. whose
n out
nave been chartered in the State during
the present year. Over 1000 miles OF
railroad have been constructed. on an
honest basis, and the indications are
that we are just entering upon a new
era of railroad building that will be a
record breaker l have not the figures
to give the exact amount, but IL is the
common eoncensus of opinion that the per
capita. not alone of wealth, hut the per
capita OF actual money in circulation in
IeNas today Is far greater than ever
before In the history of the State Tho
interest rate is falling. the banks show
enormous deposits, and the mortgaged
Indebtedness in the State. excluding the
corporations. was never so ligid as 1t is
at present Imperial Te2as Is pulsatinr
with lie and vlgor. Agriculture ls thriy.
ing. manufacture and mining Is being en-
Iarged. the cattle industry is prospecting
ana every honest and reasonable invest
ment Is yt-dng a fair return. or course
do not assume that the democratic
party Is alone responsible for 49, mag
nlheent showing. Hut do maintain that
the laws OF its public affairs have not
Deen inimical to honest wealth, and have
not retarded the progress Of the s.ate
inc democratic party has protected the
rlEhts OF the common people from the
expressions OF predatory wealth" ana
YET has not been unreasonable or harsh
IN It's regulation lne control Of wealtb
represented by corporate monopoly. The
people are satisfied with the record as
made which fact will be re-emphasized
on the 9Th of November.
PLATFORM 9LEDGEs.
The democratic party'at Waco, in add
tion To demanding the submission by the
legislature to a vote of the people for
their ad pton or rejection of a constiyu-
tlonal amendment prohibiting insolven,
corporations from operating in the state,
preventing the giving OF free passes ON
railroads and prohibiting the use OF cor
porate iunts TO support a loSby at Aus
lin' In It's platform pledged the party 10
an effort to stlll further equalize the
taxes aud secure a more complete ren6i-
ton Of all forms of property for taxation.
II declared for the submission of con-
sutuuonai amendment providing for the
election OF school trustees ana for the
appointment of the governing boards of
the higher Institutions OF learning for a
term OF six years. 1t declared for liberal
I appropriations for the university and
me agricultural colleges. II declared for
law prohibiting the operation of double
ueaaer' trains II is pledged to amend
we primary election law so as TO prohibit
we improper use OF money by candidates
~ declared for the establishment of an
industrial school for girls. an institution
.hft should, by all means. be added to
we educational system OF the State. 10
lne end that the young women may be
suucaled along practical lines that they
may be the better qualified 10 meet the
varied duties OF an Intelligent and re-
sponsiole lie. II declared for an eight
noar law for laborers on State work. II
declared for the creation OF state board
'a,'uss 'nion with power 10 adjust dif-