The Farmville herald. [volume] (Farmville, Va.) 1890-1934, 1906-12-07
FARNlvILLE VA. FRIDAY, DECEMBER . 1906

much 10 prevent tuu@oludlou az SUM- b
but So TO supervise and control it as /
10 see that It results ln no harm 10 the /
people
Combination Of capital. like combina-
tion of labor. is necessary element oi
onr present industrial system. IL is
not possible completely TO prevent IT,
and If it were possible such complete
would do damage 10 the
body polite. What we need is not
vainly TO try 10 prevent all comnna-
ton. but 10 secure such rigorous ana
adequate control and supervision oi
the combinations as 10 prevent their
inluring the public or existing in such
form as inevitably TO threaten injury
for the mere fact that a combination
has secured practically complete con
troll of a necessary Of life would under
any circumstances show that such
combination was TO be presumed 10 be
adverse 10 the public interest IL is
unfortunate that our present laws
should forbid an combinations instead
NJ sharply dlscrimInating between
those combinations which do good and
those combinations which do evil Re
hates for instance. are as often due TO
the pressure Of big shippers (as was
shown In the investigation OF the
standard oil company and as has been
shown since 10y the investigation OF
"a fNN
initiative Of big railroads. OFTEN rail-
roads would like TO combine for the
purpose OF preventing a big shipper
from maintaining improper advantages
M the expense OF small shippers ana
of the general public. Such comblna-
fion. instead Of being forbidden 10y law.
should he favored In other words, it
should he permitted 10 railroads 10
make agreements provided these agree
ments were sanctioned 10y the inter
state commerce commission anu were
published With these two conditions
complied with it is impossible TO see
what harm such combination c'uiu
do 10 the public M large.
INHERITANCE AND INCOME TAN
The national government has lon-
derived its chief revenue from tariH
ON imports and from an internal or eN
else tax. In addition 10 these. There i'
every reason why. whel next our sys
fem Of taxation is revised. the nntiona
government should impose q graduated
inheritance tax and il possible. q grad
uated income tax.
am we'll aware that such q suhJec
os this needs long and careful study %
order that the people may become ]"
miliar with what is proposed 10 h
dome may clearly see the necessity o
proceeding with wisdom and self 70
straint and may make mp their mimi
inst how far they are willing 10 20 D
lhe matter. while only trained leglSl'
TORS can work out the project in nece'
sarv detail. But feel that in the nea
rutnre orr national legislators shoul
, enact law providing for graduate
inheritance tax by which steadily %
p crcasinr rate Of duty should be pi
unon all moneys or other valuable
, coming bv gift. beQuest or devise
any individual or corporation. Ihel
can be no question Of the ethical pr
, nrietv of the government thus dete
2 mining the conditions upon which al
4 Gift or Inheritance should be received
o As the law now stands it is undoul
d. odlv difficult N devise a national D
4 come tax which shall be constitutions
Rut whether it is absolutely imposslo
4 is another question. and if possible
D. is most certainly desirable. The hr
n nrrelv income tax law was passed
:. tbe congress in 1861 hut the most iI
a nortant law dealing with the suole
\. was that OF 1894. This the court ne
10 10 be unconstitutional.
70 The question is undoubtedly very
tricate delicate and troublesome. 1
.s decision Of the court was only reacn
= bv one majority. II is the law OF {
" land and OF course Is accepted as su
I. and lovallv ohcyed by all good ciilzel
' Nevertheless the hesitation evident
VI felt bv the court as a whole in comi
~ 70 conclusion. when considered
IL gether with previous decisions on
III subject. may perhaps indicate the p
le sihilitv Of devising a constitutional
I'D come tax law which shall substantial
ly accomplish the results aimed at !
II difficulty Of amending the constltut
he il 60 great that only real necessity
p- iustify a resort thereto. Every eh
70 shopld be made in dealing with {
'ly subiect. as with the subject or
.y. nroner control by the national COVE
at mont over the use Of corporate wea
sk In interstate business. 10 devise le'
lation which without such action 81
=. attain the desired end, but II this %
IN there will ultimately be no aliernai
81 ~ n constitutional amendment
T. INDUSTRIAL TRAINING.
m. Our industrial development depe
~. largely upon technical education
are cluding IN this term an industrial q
rly cation. from that which fits man
vel be good mechdui'' " ~"''
mt or blacksmith to that which fits D
an 10 do the greatest engineering j.
a. The skilled mechanic. the skilled W'
)0- man. can best become such by u
bic nical Industrial educaiion The
OBJ reaching usefulness Of institutes
technology and schools Of mines o
uts engineering is now universally
,ar knowledged. and no less far reacl
to is the effect Of n good building or
ody chanlcal trades school textile
TO matchmaking or engraving school.
on In every possible way we should
clal the wageworker who tolls Win
pre. hands and who must 1--WE hope
nob constantly increasing measurei
SION toll with his brain. Under the cons
,uld ton the national legislature can do
md. little Of direct importance for his
con. fare save where be is engaged IN
which permits it 10 act under 'h'
..,.-toto commerce clause OF the co