The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1914-09-17

"a 4 49, '
the nsum with many millions
added in the process. but the Demo
cratic leaders were too stupid to see
it until It was pointed out to them
by the press.
They could not see that the tariff
reduction was going to demoralize
business and deplcte the treasury,
although this error was shown.
them in advance. and the %strangcst
part of it is that some Of them claim
they do not see 1t yet.
Tho Underwood tariff bill was
supposed to help manufacturers
but it opened up foreign compett-
ton to them without giving them
any advantage in the foreign mar
kct.
1t was supposed to help business
generally but 1t brought about bust
ness depression.
1t was supposed to produce reve-
nue., but 1t failed and depleted tho
treasury, making a war tax in tiInf
of peace necessary.
1t was supposed to reduce the high
cost OF living, but the cost Of Twin:
has steadily advanced under its opcr'
alton.
1t was supposed 10 do, according
10 our misguided Democratic friends
everything that 1t has failed to do
and why they do not see the error
Orthcir way and make a cOnplet1
surrender to public opinion on theiI
tariff ha%llucination, as they lav'
done on the proposed freight tax. il
more than we can comprehend.
Willie the proposed freight taS
brought forth u nationwide flood o.
protest the new plan of stamp taH
will be almost equally obnoxious anf
bothcrsome.
Every time a firm or individual
writes a check under the new pla'
they will be reminded OF Democratic
plumbers and contribute two cents
as 81 penalty.
Stamps must be attached to a Ions
lis; of papers amounting to II cent
and unit ruly a little botlersomt
F.].popcorn'' business but in the aggre
gate it will raise the vast sum o
.,S1OO,OOO,O 900 to replcnisl the treas
|ury, all to come from the pockets o!
tho people.
x list OF the numerous things tt
be taxed will give Il better idea 0
the extent of the annoyance propos
cd.
It will tax banks with capital am
surplus not exceeding $4,000. fft!
dollars a year and two dollars fol
caci. additional n thousand; stoc'
brokers, nifty dollars; pawn brokers
twenty dollars; commercial brokers'
twenty dollars; custom house brok'
ers, ten dollars; proprietors of the
aires, museums and concert halls
ono hundred dollars; circuses, ont
hundred dollars; public exhibitions
ten dollars; bowling alleys and Bill
lizard halls, five dollars per alley o.
table; dealers in leaf tobacco, SIX u
twenty-four dollars, according e
business; dealers in tobacco, twclVi
dollars: manufacturers of tobacco
and cigars, six to twenty-four dol
lars.
The stamp tax proposed subject tt
the probable revision by the commit
tee are in detail as follows:
Bank checks, two cents; drafts
two cents for each one hundred dol
lars; certificates of deposit, two.
cents per hundred dollars; promis.
sory notes, two cents for each ont
hundred dollars; money orders 1--WE
cents per hundred dollars; express
receipts, one cent; freight receipts
one cent: telephone messages costing
fifteen cents or more, one cent
bonds, fifty cents; certificates O.
damage. twenty-five cents.
The certificates of pretty nearl!
everything imaginable are include
and run from twenty-five cents u
fifty cents; telegraph messages, on
cent; life insurance policies, eign'
cents on each one hundred dollars
marine, inland, fire, casualty, lldel
ity Cand other kinds of insurance.
onc-half of one per cent; mortgages
twenty-five cents for each II hun
bred dollars; leases, twenty-five
cents to one dollar; power OF attot,
ney, ten cents to twenty-five cents
protests, twenty-five cents; ware
house receipts, twenty-five cents.
Under Clcveland's administrators
We had a similar low tariff bill, thu
| Wilson-Gorman bill, and the result
was n depleted treasury and bond Is
sue of S25O.OOO,OOO. Why is it tina
we have to again so through this
horrtfying experience to prove to thu
nation the utter inability OF the
Democratic party to manage the buS'
mess Of this great country?