The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1903-08-25

sa
'I~h Wbat caFS II Feg, Fl l2iasatn Is
.@'S over tAf lag
sh I @afte@ r. -
III thf L~
~ mere formation - greet ccrrorAttars i 0c
saHp4atIt Iaiced. +arser co-F@rzuaas
Ththtlsi Wafn Trey e"erf economies
ta.m II pace the manufacture aTrlee
= 4h = ihs consumer = q rcdaced pr1cr
'--1h te tEf & tf raH srt*-lc -
e we producers crcat a-Erec2; p
- e lhs nieFst tendency = ~
~ Ri A.tt~~TS Wf@n greater nj TdaaE
. 't"' i'~|' eftA' aeET'e&t.Fns -
=, 80 1fl
ms+#-sI = a"
.AAs -t4h VIZ f|f i#ro4t &
re,1I- @.- IS anu '.falelrh 'net.s
the. 1- ~
or,t.t ~ ST 1H- !t-' "A1A
~. IS t
s5y. - -.
the s.s-
p5v-,- Is - a.
in v.
ROAD 49, '&
r.n ~, H, aui'Ii - ''fhI@ht
CtI.r. - - H.ith ,s's' ~
. cont. calIaltad a"t a -, - Is
over Fl IN. st-4 of "
W.,
| min Ia 49,, - ~ 'in.i Ikalu>t 'u"t q
that +. ...rr. ,.r -
ocipts frI,, III -
for axle oroasc al - -. Tfa -
pine 6nc g.. $500 o. 81
IN. ,u4 -.
an ,ou -. 80" - 80"
I II ''iaiH = wv 4iitdt if-@tS
.m.,5.,n ~ - tl'P'.A -
r.lr.,.5 i'o.e'' 9Hiahi 8 s!efh8n'9iiF
man ar ! e,,nn.,r oelp,5.d l .1f,,a LP- :
f3ctttr5r.- - .l1 N '
I,,-.r At 4
oour.,f,nr AZ u ,aa" uh1l III
ori... ;. ~, w. ~
nri,s. - ~ ~ a.
shy,s ; r, ~ Vohtur i ""uiu ~ Ii3"ff. ~ II
s;do- = p"sh asses. y utSdoS' De
l;,.Hl. - a. "l't opportunity lot
- iloa9ahds.
lhi7 - pfohahiy the most common method 81
!9i,H u-eu bN lH'Sc lLftSl"heihie dSGf'ga-
si,an s'pl'di VIZ III ne Corporate io"'fs
~, ~ ;" ~ 'e Pupi'c :" the dclrlhtht OF
'",. S,'dter.
- most llolilc source q liieEal &c
49,. ~ - ptti eht evasion ~ trusts eli
'!F'idtloha o. lhe payment OF a fdlr
III ~ - taAal"h 70 Tue support 81 government.
a,,I -" i"ei 'GS ii"o.'u I'eHl 20 40 TINS
a. c'tiSWHtft anu inns !" throw upon all
os".i9 an hhdH' STARE ~ ne increasing burdens
- : ''heht: ihe rF'ieIdi income taN, "hiel
va" '0i" CONSTITUTIONAL Ioi Il century would nave
i'aiiH'u ABOUT SlV',VpO.iNo i year but It WIS
SuH"thiy set aside by the change Of Wow Of
~ JHu@1 1"no fEid previously hefd 1T c%onstltti-
,oi'i anu lilS tIldt sum was transferred from
10 2e9t apie 70 hca' taxation ana placed upon
since That daris;on he nconio a. - s ,a t ba,o -
and oo,rng,+oJ u-o,1th ~. .,;,o1 t.
millions d,lIars IL this cb.1oa ! IN, ~ ~
iudpe i bigh ,rico - =, -, ~ ~ -
| IrIcS3plSihla ,Gu-, y ll = ,t,Il3. Sor,.,,+ So. ,1l4,
selection the pconlo had IL yeicc ! dis.antjng
| opiuion in tbat ,I,sl sfat,d for,itix tb1t - a.
cision was ! lone sion towards ~ sordii d's,at
ism of wealth. Then in not half ! dozen states
| probably + the orsat cnrnor,t;ons accnc,od ~
| the fair yaluo of their franch;sas a,4 othor
property several ,oars ) n,llir orinion
| forced the creation of Railroad commissions m
make, inst assessments of RAILROAD franchise ona
| property and regulation az the;r CHARGE. M
i The evnoctation has haan fntila Tn ne,rlv boIf
= dozap stats NOT ,oora thcro b,s hoo, az
| approximation to lust taxation and ! reonla+:on
! of rates. Int in no cases has il been dIa ~
a railroad commission. The Suorenr, Court If
the United States in the railroad fax cases %
| L. s. 6O1. sneakinp tbronoh Judoo Miller Ibid
| down tbe sin,nIe ,nIo far tho yaI5,tinn ~ nor.
,ora+io, rr,nortv 49, ra~lt -
| plus The market value of tho stock ;, I'M Now,
| many cornorations aro inns assessor Tho 40.
| dnfinr masses ~ rnado ~ 49,, for tbop, ~ ~
on tbo ,n1;.tod ,Grannr.o : - = :" - nc :"
ont of thoir scantv oar1;,rs 49, a So
| wealth sbonld nov = ~ ;ncoyoo II Wa1Inea
| Railroad. l43 l.. s. the highest court in the Re-.
public has said that if tbe Railroad cbaroao ,roro
! reduced to rates that would carr forr ner COM
on the net yaIue of tbcir nronorty Tho count.
| eouLi NOT Interfere Rnt What r,;Irood coron,;s
sion has fl IL r;vo tho ,oo,Io ia Ill.
authorizcd bv these two decisions To otto h,t t
) two instances.
iou icn'emper 'he hldhuaihus Drought ny the
brave niue school teacher IN chicago, Catharlne
'oSsli' 20 cohfpel d JUST valuation OF the prop
CRY o ol t u corporations alleged to be worth
f1''ooV'u'o' anu "hlch rad peer assessed LOT less
10, n"i d no ne cout 80 u oZe)
ncld tlat lhe JUST RUE was llat lald dom by
Juuse MlIiel w !. ,. ooi) ALREADY clted, l. e,
me market value OF the bonds plus the market
N'iue OF 'he stocks After appeal by the cor
p"d'ollS- one company through us couhstl APP
peared pclofc me court ana offered 70 dismiss
~ ail'edl 7 rs assessment Was ptI al So',o",o0V.
FMS is a far sample OF what injustice the masses
suffer ana what may be done by one determined
person
III my own state III lS"o. tha railroads gave