Durango semi-weekly herald., 1906-07-09
( the English tongue was the best for
the whole world

sador Reid's recent reception of ].
Morgan and w. J. Bryan. Morgan
with fain. smile. said. "the nam,
sounds familiar, but | have not hat
the pleasure Of meeting you before
Each looked at the other narrowly al
their hands met, and when they hat
shaken hands they drifted apart with
out conversing
| LONDON, July 5.-The Long
worths left London this morning fol
Paris.
| CINCINNATI, July 6.-James Gray
and William Pratt we're shot from am
bush and killed near Cattlettsburg
Ky, yesterday.
| Amstadt Taylor and Parry Hokins
were both fatally wounded by assas
| sins bullets while sitting on the
porch of their home near Bluefield
Wv.
Last night Jesse Martin and Ellen
Hunt were shot dead while walking
home from dance in Pagetown, w
rejected suitor.
LONDON, July "a company pro
posing to have capital of C 100000
offers to insure American life insur-
ance policies. The new concern, for
a fee of two shillings per annum per
hundred pounds, guarantees the face
value of policies. This will relieve
your anxiety" the company adver.
tises.
NEW YORK, July 6.-The entire
police force of this city is looking for
lena Ceneli, aged four years, daugh.
ter of Pietero Caneli, wealthy real
estate dealer, who declares the child
has been kidnapped. Ceneli has been
active in assisting the police in sup
pressing a lawless gang which mas
been terrorizing Italians. He has re.
ceived many letters threatening to
kidnap the child and demanding mon.
ey.
KANSAS CITY, July 6.-After
pondering ever the Thaw- White case.
in which ne thought he saw resem-
blance to his own troubles, T. w.
Parks. manager OF dye shop, shot
and killed Perry Corbin, plumber.
today. The latter is said to have
been too attentive to Mrs. Parks.
Parks told reporter that Corbin
represented in their neighborhood
what Stanford White did in Madison
Square.
FRENCH LICK SPRINGS, Ind,
July 6.-Thomas Taggart, chairman
of the Democratic National Commit
tee, in reply to a demand made by
the New York World that he resign,
says he does not intend to do SO. He
says the charge that there had been
a gambling raid made on the French
Lick Springs hotel was made by Mr..
Hearst, a personal enemy. He says
erty which had been leased to anoth-
er party.
MILWAUKEE, July 6.-Isaac
Stephenson of Marinette. who counts
mis- wealth in millions and Is reputed
to be the richest man in Wisconsin,
says that there should be reform in
taxation; that the poor man carries
more than his share of the burden
while the wealthy man escapes, and
that there should be a graded income
tax.
In view of Mr.. Stephenson's wealth,
enterprises and business connections,
his radical views will cause surprise.
In an interview today he said:
There are glaring defects in our
present system of taxation. The man
of wealth does not pay SO great pro
portion of taxes as poor man,
whose all is bit of land and a home.
This is no new theory with me. For
many years ! have felt that the bur
den of taxation was unequal.
1.-The working man does not pay a
large amount of tax upon his home
stead, but he pays higher percent
age of tax on its real value than the
rich man does on his many forms of
property. The little homestead is
where the assessor can see 1t. 1t is
assessed as a matter of course and
the taxes on 1t have to be paid. Most
of the rich mans possessions are not
open to the assessors view. In fact,
the form of some of them is not even
suspected.
The point l make is illustrated by
the case OF Marshall Field of Chica-
go. In Chicago he paid taxes on less
than $3.O00000; but now that his es
| tate is In court 1t appears that his
property In that city is worth five OF
six times more than the amount on
| which he paid taxes. II he had paid
taxes on his actual possessions, Chi
cago' income from his property alone
would by this time exceed by $4,000.
900 the amount that he actually paid
| ip taxes. A system of taxation thai
permits anything like this is far from
| sound.
| There is no doubt in my mind thai
an income tax is the right thing
| Any income that exceeds $1,000 9
year should be taxed. man earn
ing only $1,000 year needs 1t all tC
support his family and educate his
children, but any man earning more
than that can well AFFORD TO contrib
l IN IN