Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1916-10-19

superb dlhl0 duQ msuIduCt ldMbt
our public sesVice 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 fdel-
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,
a bonded debt Of s40.0 00, 900 was left
as a heritage Of Republican misgov-
eminent A 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 5 cents, is re-
turned for public schools, leaving only
10 cents to care for the entire re.
naming expense of the state. In other
words-the citizen who owns property
valued at $4,000 assessed at 40 per
cent Oh $4,000, pays So per year for the
state support. In SO out Of ia coun.
ties the total amount paid in by the
counties is returned to them by the
state. To be exact, these Sc counties
in 1915 paid into the state treasury
$1,3S5,369.74, and received back
$2,144,04S,S9 s, or a net difference o.
$758,674.15.
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 it;
policies to meet them. We grasp theil
solution not with fear and trembling
but with confidence. 1t must never bt
the policy of our party to become sat
urated with conceit and complacency
we have perfect confidence that thu
legislation which we propose will re
suit in even better financial copdi
tions, and will also prepare the wa,
for greater development of the indus
tries Of the state.
State Finances.
All well governed business institu
lions now have what is known as
b~udget-that is, a systematic, scien
tific method of estimating and appoI
tioning their income and expenditure
This plan should also be a part Of al
modern systems of state and munich
pal government. 1t simply substitute
accuracy for haphazard guess work
Under u constitution the idea
budget system is impossible. TIL,
legislature appropriates any amour
is pleases without regard to it
receipts. But should l be Gov
arnor I would approach a lega
budget system just as nearly a
possible by submitting to the apprc
priation committee an estimate of re
ceipts prepared by the state officials
and indicating where the revenue
should be expended. The committe
could, of course, shift expenditure
from II source to another, but
would tell them plainly that if tn
amount was over-appropriated l woul
veto all over appropriations. I sha
9 that the people secure the max
mum amount of service for the min
mum expenditure. I shall organic
every department and institution
the state, over which the Governc
has control, on strictly modern, bus
ness and efficiency lines.
Rural Credit System.
Agriculture is the base Of the &c,
homie pyramid in the state of Mi
souri,. This is primarily an agricu
tIro1- cfoto Ac n raC1,1t of -, mrs
cultural development we have builde
splendid towns and cities in Nilsson
where factories abound. I maintai
that the success of the manufacture
industries of Missouri is largely d
pendent upon the success of the agr
cultural districts of Missouri. l woul
have a closer relation between tt
country and the city; between tt
farmer and merchant.
I notice my opponent, Judge Lamr
opposes a state rural credit syster
He says that he does not thir
that the state. Of Missouri neet
any such system in any form. In tn
Judge Lamm repudiates one of Il
planks of the platform adopted by IL
Republican party at its state conve
ton held in Jefferson City in Angus
which declared in favor of a rur
credit system.
The facts are, my fellow citizen
Judge Lamm is in perfect harmon
with the other leaders of his party
opposing any remedial legislation
the interest of the farmers, and, ju
as the Republican leaders attempts
to arouse the American people in o
position to the federal eserve ban
ing act, SO Is he attempting to arou
the people Of Missouri against a sta
rural credit system; indeed, the lea
ers of his party opposed the recent
enacted federal farm loan act.
seems that Judge Lamm, by inferen
at least, approves the federal far
loan act, and maintains that this b
is adequate to render sufficient a
to the farmers. This is one Of b
specious reasons for opposing Il
Gardner Land Bank bill. In SO (
as he commends the federal farm 10,
act, which has placed the federal &c
eminent behind a plan Of rural credi
to assist the 10000. 900 farmers in t
United States, including 900, 900
Missouri, he pays tribute to the De-
ocratic party which enacted 1t, al
he is again at variance with his ov
party platform which denounces 1t.
When he states that the. feder
farm loan act will afford ample reli
to Missouri farmers and should DO {
elusive in its operation, he shows tn
he is not informed as to the needs
the farmers Of Missouri and of I
purposes and intent of the farm To-
act, or else he is Indifferent to az
cultural development in this sta
The federal system was intend