Idaho County free press. [volume] (Grangeville, Idaho Territory) 1886-current, 1914-08-06
REDUCED TAXES PROMISED BY
ALEXANDER.
CONTINUED from page ~

Continued from page 1.)
a state of war, with twenty millions of
armed men entering conflict such as
the world has never witnessed, there
has been demand for gold unprece-
denied. Securities were thrown on the
markets of the world at any price they
would bring in gold, and the New York
stock exchange had to stand and bear
the brunt of all of this and the gold
supply of the United States had to
There were never but two free gold
markets in the world, London and New
York. London broke down two weeks
ago, and New York has stopped also.
The New York stock exchange was com
PEELED to close its doors or suspend its
perations-unknown in the history of
the country. The Bank Of England has
raised its discount rate from l-2 to
10 per cent in less than ten days. The
Bank Of France is 8 per cent, and in
Germany it is 8 per cent, and rising no
doubt daily, and if it were not for the
present currency bill Of ours on the
statute books it is questionable what
the outcome would be. But, with an
elastic currency that gives us an oppor-
tunity for the first time in our national
life to expand our volume of money ac-
cordng to its needs, we no doubt will
10 - kho
such storm the world has never seen.
We will not alone be abls to carry on
the commerce of the United States I'M
interruptedly without those panicky
conditions that we are SO well &C.
quainted with, by lessons of the past
but we will be able to assist the Euro
pean banking interests in large
measure and help them to get on their
feet. The world financially today is
one--what affects Europe financially
affects us, and when this crisis will
have passed in the United States in the
next week or ten days and the currency
bill has stood the test without being
even in full operation, the people Of the
United States will then for the first
time see Woodrow Wilson in his true
light-a statesman, scholar, patriot
and deeper thinker, and above all a
financier and public economist, and
expect to see every democrat and almost
all republicans to join hands this fall
and to indorse Woodrow Wilson again.
"The democrats of Idaho owe them
selves one grand obligation, to see that
the next United States senator from
Idaho and the two members Of congress
should be democrats, to assist Woodrow
Wilson in that great work of national
construction which he has undertaken
and which he has not quite yet finished.
No democrat should be wrapped up in
any isms or any side issue. There is
but one great question. That question
is Woodrow Wilson-the United States,
our country, our flag, and our prosperi-
ty, and all of these personified in the
words: Woodrow Wilson, president of
the United States.
"In the state of Idaho, we have been
blessed with the most bountiful crops
and general conditions for good as prob.
ably never before. There is not a
dark spot visible in the horizon of
coming prosperity except that grim
reaper called the tax collector, who is
more in evidence in the State of Idaho
according to its population than any
other subject in the state. We have
been led to believe that the way to
grow rich and prosperous is to spent
all you have and as much more as you
can get and borrow, all of which we
are discovering is based upon false eco
nOmical principles and means bank.
ruptcy and destruction of confidence.
And the democratic party has taken Q
strong. square, positive stand upon that
matter in the state platform and has
demanded a reduction of taxation and
a more and efficient government, and
with that l am thoroughly in accord,
not alone as a candidate for office, but
~ citizens and taxpayer of Idaho
Takes must be reduced. The cost
of state, county, municipal government
has got to again be brought down to
point where it is not oppressive, and
in the place Of lot of useless offices
around the state house and lot Of
useless boards and commissions which
are only created for political purposes
there must be internal improvements
undertaken.
sThe state Of Idaho has an income,
without leving any taxes, of nearly
$l,5O0,0O0 every two years. That with
bond issue of $335,00O made two
years ago makes the income of the state
Of Idaho without levying any taxes
nearly 100000 for two years. It
looks to me like $1,000 900 a wear to