The Green Forest tribune., 1912-06-14

lislature in 1911 ratified the amend ment, and thus kept faith with the plat form and policies of the party. Since a resolution or ratification when proper | ly passed, can not be rescinded, but is binding and final as to the state rati- fvin", it seems reasonably certain that the amendment will finally be adopted as a part of the constitution. Every ar gument supports the desirability of au- thority for federal income tax. Through federal agencies alone can great incomes be reacne1. States can
 not tax incomes rece.ved by in1iVid- uals and corporations engaged in inter- state commerce, because such tax con- stituteS a regulation of interstate com merce This is not within the province of the states. Hence the greatest in- comes would remain exempt from taxa tion under state laws. An income tax is the least oppressive of all forms of taxation, because it eXempts penury and levies tribute on affluence.
 "The gratifying spectacle of unit with the strife existing in Republican ranks. The Republican campaign for the presidential nomination is compara- ble to a prize ring where coarse bill.ngs- prevf 'lins. forms of speech.
 Public Questions in Arkansas.
 "This convention is not less rect lly concerned it is perhaps more vitally interested. in public state issues than in national affairs. The task of caln1ly considering and determining wisely questloHS peculiar to AfkanSaS politics is for every patriotic citizen of our state. This responsibility is not upon state officials or nominees for state of fices alone.
 Tt is peculiarly the duty of this convent tion, representing the dominant political party of the state charged with the conduct of public affairs. to devise the plans and determine the policies of admin stration to be pursued. The nominatios for governorship has been accorded to me by such an overwhelm- ing majority, that I feel warranted in asking the public to recognize a sincere purpose to subordinate the political pro- motion of myself and my faVoriteS to i the establishment of the very best a1- lministrative agencies and methods Se- leetiors for office are to be governed by these considerations and not by mere desire to reward the fidelity of friends. If this high standard can once be created. it will command re- spect. and the criticism whic-. those en- forcing it may experience will more than be comoensate for by the public good accomplished.
 Taxation and Revenues.
 "The first and perhans the most i'm portant subject confronting the state relates to its financial condition deficit has arisen in the general revenue fund, and the state government is being conducted in part on a scrip basis. The deficit must be provided for and the government administered in tAe future on cash basis. Every citizen must realize the importance of both these propositions. Neither alone is suffi- cient, but if both are adopted the states finances will be speedily restor- ed. Two methods of rerorming our fi- nanc1al system suggest themselves. The existing deficit may be absorbed in loan to the state at a low rate of in- terest and gradually discharging through the sinking fund This would disposa of the present deficit, but would not