Goldsboro weekly argus. [volume] (Goldsboro, N.C.) 1885-1909, 1908-08-27

hat surround them, and to the organ
cations which have been formed
.mong the wage earners.
A revenue tariff will not bring q
panic; it will not inaugurate indus
rial depression; it will not reduce
wages; on the contrary, it will stimu-
ate business and give more employ
nent, and larger demand for labor
W ill be a guaranty against the reduc- !
will reduce the sxtoration that is now
practiced because of the high schs-
dulles: a reduction in pride will enable
more people to buy, aud this larger
for the goods will put more
people to work and increase the num-
Der of industries. A lower price will
greatly stimulate teexportation and man.
ufacturers who are now crippled by
tariff upon what they use will be bet
ter prepared to enter the contest for
in the worlds trade.
We cannot hope to invade foreign
markets to the extent we should, un-
til we relieve our manufacturers of the
handicap that protection places upon
them in the purchase of materials they
have to use. Neither can we hope to
continually increase our exports with
out increasing our imports. Trade
must be mutual if it is to be perman-
snt. President Mckinley recognized
this, and in the last speech that he
made hsipointea out that we must buy
from other nations if we expect to sell
to ether nations.
The Democratic plan does not con-
template an Immediate change from
declares that the change shall be grad
ual, and gradual change is only pos
sible where the country is satisfied
with the results OF each step tax en-.
We elect a Congress every two years
and g President every four years, and
the people can soon stop any policy it
the results of that policy are not salts
factory. But we believe that the ex-
pepience the people have had with
I'fproteetion for projections sake has
tariff by gradual steps to revenue
basis and we are convinced that the
atvs sntages following each step will be
SO pronounced and that the benefi is
will be SO universally enjoyed that
there will be no cessation in the prog
ress toward a system under which the
tari@ will be levied fer tke purpose OF
revenue and limited te the needs OF
the government. The low tariff la w of
ES4e, did not produce panic: on the
contrary, it was SO satisfactory tn at
when the Republican party wrote its
first platform ten years atterward the
protective principle was not endorsed.
The Democratic party has declared
forssn income tax as a psgt OF the rev.
nue. system, and fer a constitutional
amendment as means OF securing
this tax. Secretary Taft announces in
his notification speech that he is in
| IA woe of an income tax whenever the
revenues are so low as to require it,
and expresses his belief that tits pes
sible to secure such a tax without a
constitutional amendment. If it is
possibss to frame a law which will
avoid the objections raised to the in
come taz law of 1894, we'll and good
but that is uncertain. Ifa an Income
tax is desirable, surely Secretary Taft
cannot consistently oppose the ad-
option ofa constitutional amendment
1t the pRinciple is right and the tax
wise, Congress ought 80 have author.
| ity to levy-and collect such tax, and
ne Supporter of Secretary Taft can OPP
pose our position without dissenting
from the Republican candidate.
| The whole aim of our party is tt
seeere justice in taxation. We believ,
that each individual should contribute
| to the support of the government il
proportion to the benefits which he re
| ceives under the protection OF the gov
ernmesat. We believe that a revenue
tariff, approached gradually, aeeord
| ing to the plan Laid down in our plat
form, Will equalize the burdens Of tax
alton, and that the addition OF an in
come tax will make taxation still III or
eq quitable. If the Republican part.
is to have the support Of those wh'
| find pecuniary profit in the exercds'
| of the taxing power, as prlvat
asset in their business, we ought tt
have the support of that large major
ity of the people who produce the ma
TONS wealth in time of peace, protec
|
ask for nothing from the governmon
but n-handed justice.
Execution Sales.