The Farmington times. (Farmington, St. Francois County, Mo.) 1905-1926, 1916-10-20


learning, all our state institutions, our
superb banking and insurance laws,
our public service and corporation
laws. and our numerous laws for the
protection of working men, all owe
their origin TO the Democratic party
and are monuments to the splendid
patriotism, genius, courage and fidel-
ity Of those who have for generations
carried the Democratic banner to vic
tory in Missouri.
Taxation.
In 1873 when the Democratic party
assumed control Of the states affairs,
bonded debt of $40.000,000 was left
as a heritage Of Republican misgov-
eminent tax rate of so cents was
in effect Wise and efficient Demo-
cratic rule has wiped out this debt
and the state tax rate in Missouri is
now Is cents on the $500, the lowest
tax rate in the United States, OF this
Is cents, one-third or cents, is re-
turned for public schools, leaving only
10 cents to care for the entire re-
naming expense of the state. In other
wofds-the citizen who owns properly
valued at $4,000 assessed at 40 per
cent or $4,000, pays SO per year for the
state. support. In 90 out of ia coun7
ties the total amount paid in by the
counties is returned to them by the
state. TO be exact, these SO counties
in 1915 paid into the state treasury
$l,3S5 ,36974, and received back
S., ,043S9, or a net difference of
$75S,67415.
Now can any Republican state
show such a record?
Our Future Duty.
The Democratic party is alive to the
new industrial, commercial and eco
nomic conditions and must shape its
policies to meet them. We grasp their
solution not with fear and trembling,
but with confidence. 1t must never be
the policy of our party to become sat
urated with conceit and complacency,
we have perfect confidence that the
legislation which we propose will re-
suit in even better financial condi-
tions, and will also prepare the way
for greater development of the indus.
tries of the state.
+ State Finances.
I All well governed business institu-
tons now have what is known as a
budget-that is, systematic, scien'
tific method of estimating and appor
tioning their income and expenditure
This plan should also be part of all
modern systems of state and munich
pal government 1t simply substitutes
accuracy for haphazard guess work
Under our constitution the idea
t1,aa sr fV,,VN -
legislature appropriates any amount
is pleases without regard to its
receipts. But should be Gov
arnor would approach lega
budget system just as nearly as
I possible by submitting to the appro
priation committee an estimate of re
ceipts prepared by the state officials
and indicating where the revenues
should be expended. The committed
could, of course, shift expenditures
from one source to another, but
would tell them plainly that If thu
amount was over-appropriated l woult
veto all over appropriations. shall
see that the people secure the maxi
mum amount of service for the mini
mum expenditure. / shall organic
every department and institution o
the state, over which the Governo
has control, on strictly modern, busi
ness and efficiency lines.
Rural Credit System.
Agriculture is the base of the ecC
nomic pyramid in the state of Mis-
souri,, This is primarily an agricul
tural state. AS a result of our agri
cultural development we have buildet
splendid towns and cities in Missouri
where factories abound. l maintain
that the success of the manufacturing
industries of Missouri is largely de
pendent upon the success of the ayr
cultural districts of Missouri. | woul
have a closer relation between tn
country and the city; between tn
farmer and merchant.
| notice my opponent, Judge Lamn
opposes a state rural credit system
He says that he does not thin
that the state of Missouri need
any such system in any form. In thi
Judge Lamm repudiates one of tn
planks Of the platform adopted by tn
Republican party at its state CONVEX
ton held in Jefferson City in Angus
which declared in favor of a rurG
NlNuAl b9 olCllls
The facts are, my fellow citizen
Judge Lamm is in perfect harmon
with the other leaders of his party
opposing any remedial legislation j
the interest Of the farmers, and, jul
as the Republican leaders attempte
to arouse the American people in Of
position to the federal reserve banl
: ing act, so Is he attempting to arous
: the people Of Missouri against stat
rural credit system; indeed, the lea
ers of his party opposed the recent
enacted federal farm loan act.
. seems that Judge Lamm, by inferenC
at least, approves the federal far
; loan act, and maintains that this bi
: is adequate to render sufficient a.
to the farmers. This is one of h
r specious reasons for opposing II
, Gardner Land Bank bill In SO fl
: as he commends the federal farm los
/ act, which has placed the federal go
r eminent behind plan of rural credi
!, to assist the 100000 farmers in Il
r United States, including 100000
Missouri. he pays tribute to the Der
= ocratic party which enacted it, al
C he is again at variance with his oV
/ party platform which denounces 1t.
s When he states that the FEEDER
i farm loan act win afford ample reli
n 80 Asacnnrt 70 and rboy1J he a