Mexico weekly ledger., 1900-11-01

dllu Cllllu.
Wen send you little to try. ifyou Ike.
SCOTT & BOVINE, 400 Pearl street, New York
more than twenty years, thatitis sue
cessfully evaded.n / would like to
know the reason that the state Of
California still clings to this law so
long if it is a dead letter. And l
would like to further know why all
the money powers that are evading
their just taxation, are making such a
war on this proposed amendmet if it
is SO easily evaded? Mr.. Robertson in
closing up his legal argument arrived
at seven ''inevitable conclusions, as
he termed them.1st. Inequality of tax
alton, equality being one of the
fundamental principles of taxa
tion." do not understand how IL
can be inequality Of taxation to re-
quire every man to pay taxes on just
what property he owns, and | think
his illogical legal argument will make
the same impression upon most of the
voters at the coming election who
read it carefully.
So as to Mr.. Robertson's End anC
3rd ''inevitable conclusions will say
that the Supreme Courts decision as
quoted above forever sets to rest both
of those propositions. Mr.. Robert
sons 4th h"inevitable conclusions" that
it will increase the rate Of interest. y
would like to know the reason fol
that2 II it is fact as he states II
that the provisions Of the proposed
amendment can so easily be evaded why
should it affect interest in any wayi
Mr.. Robertson's 9th inevitable con-
clusion." If all property be assessed
at It's full value, it will increase the
taxation Of the borrower cannot
see what an assessment has to do In
lowering or raising taxation to any ex
tent when the raising and lowering Of
the assessment reaches all property
and is made just and equitable, for II
you make a high assessment the rate
Of taxation will be low, and If you
make low assessment the tax rate
must be raised, that certain amount
Of revenue may be obtained. Mr.
Robertson's 9Th "inevitable conclu
sion; If the pledged property bt
assessed at a fraction of its value as
now, the notes and credits will be as
sessed below their present valuation
and the State will lose in revenue. "
would like to know if it were possible
| for the State to lose few dollars IL
this way if it justifies the State ii
putting the extra burden on Mr.. Jud
sons Ignorant and helpleSs2h
| Mr.. Robertson's 7th ''inevitabl'
conclusion. The local money lend
| er will be the sole beneficiary and no
the borrower. for whom the amend
ment is proposed" This proposes
amendment only places the loca
money loaner on an equal plain will
every other person and requires hin
| to pay taxes on all of his holding
which is only just and fair tohim.
| will now make few 'inevitabl
conclusions" myself:
1 lst-You will never find man or
newspaper, that is fighting this pre-
posed amendment that will ever Of
fer substitute looking in that direC
tion nor will you ever find one OF ther
, that will ever vote for or sustain
, proposition looking to the correctio
, of this wrong of double taxation.
| 2d-If the weaker classes of TIL
: State or Nation are TO be forever d'
! prived Of equal rights under the law
/ a Republican form of government is
ii farce.
al 3d-This amendment will b
: beaten by a large vote for the reaso
that the money and corporate powerlt
+ the State are against it, and thos
: whom it seeks to protect are not pa.
ing the attention to it they should.
4th-All the cities in the State wi
fight and vote against this amend
ment, for the reason that the none
, loaned from the cities on farm NOR
cages, under the provisions Of tn
I proposed amendmentw will, be require
e TO pay taxes in the district where tf
? farms are situated and not at I'll
domicile of the loaner as the law no
n requires.
e 5th-That it is impossible to find
y point out a single person who will
= injured by this amendment, only q
. tax dodgers and the men who are OF
r Of debt and are anxious to double !
l. the burdens ON their less fortuna
neighbor that theh may save a fe
pennies themselves by so doing.
" 6th-If this amendment falls
!. passage it scores another victory I
rs capital and a sad defeat to the debt
70 class.
e 7th-Any honest man who pays /
BY taxes in this or any other state, C
~ ~ loan his money in this State to a b'
y; ter advantage under the propos
amendment than he can without
or for the reason that his taxes will
rs rs less by paying on his equity in t
real estate than they would be by pi
ing on the notes or money secured
Q; mortgages as the law now requires.
"a sth-My eighth and last ''ineyita
he conclusion" Is, that II this O
he stitutional Amendment fails of
yer sage will be found lighting for it,
IT, something OF like nature when Je
at calls me home, unless relief Of {
gh kind comes to Mr. Judsons "ignor
'od and helpless" classes, before the a
-. s val OF that day.
1 Very respectfully,
. Q. f. CLAIR