What Shall We Do with It?: (meaning the Surplus): Taxation and Revenue Discussed |
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abolished abolition advance advantage advocates argument benefit Blaine bonds Britain capital cent CHARLES NORDHOFF cheapen cities Cloth Common to fair condition Congress consumer consumption cost cotton crease customs and navigation customs duties Democratic Democratic party diminished dogma of restriction domestic duction economic EDWARD ATKINSON engaged England exist export fabrics fact farm farmer favor foreign rival free trade free-trade GEORGE F HARPER & BROTHERS Harper's Magazine HENRY WATTERSON high wages home market home production imported increase industries interests internal taxes Jamaica labor of Europe legislation levied LL.D means ment miles Nicaragua operation paid party pauper labor political present President President Cleveland President's message prosperity protection protectionist purchase purpose question raw material recommendation reduce result revenue reformers SIMON NEWCOMB surplus tariff for revenue tariff laws taxation theatres theory things tion Treasury United whiskey wise wool work-people workman
Popular passages
Page 14 - ... business of the country the money which we hold in the Treasury through the perversion of governmental powers. These things can and should be done with safety to all our industries, without danger to the opportunity for remunerative labor which our workingmen...
Page 13 - Our progress towards a wise conclusion will not be improved by dwelling upon the theories of protection and free trade. This savors too much of bandying epithets. It is a condition which confronts us — not a theory. Relief from this condition may involve a slight reduction of the advantages which we award our home productions, but the entire withdrawal of such advantages should not be contemplated. The question of free trade is absolutely irrelevant ; and the persistent claim made in certain quarters,...
Page 6 - ... unnecessary taxation, ought to be at once revised and amended. These laws, as their primary and plain effect, raise the price to consumers of all articles imported and subject to duty, by precisely the sum paid for such duties. Thus the amount of the duty-measures the tax paid by those who purchase for use these imported articles.
Page 14 - ... year. But I am so much impressed with the paramount importance of the subject to which this communication has thus far been devoted, that I shall forego the addition of any other topic, and only urge upon your immediate consideration the
Page 27 - To lay with one hand the power of the government on the property of the citizen, and with the other to bestow it upon favored individuals to aid private enterprises and build up private fortunes, is none the less a robbery because it is done under the forms of law and is called taxation.
Page 8 - ... engaged in manufacturing agricultural implements, amounting in the aggregate to 1,214,023, leaving 2,623,089 persons employed in such manufacturing industries as are claimed to be benefited by a high tariff. To these the appeal is made to save their employment and maintain their wages by resisting a change. There should be no disposition to answer such suggestions by the allegation that they are in a minority among those who...
Page 13 - The question thus imperatively presented for solution should be approached in a spirit higher than partisanship and considered in the light of that regard for patriotic duty which should characterize the action of those intrusted with the weal of a confiding people.
Page 11 - ... importance. These interests constitute a leading and most substantial element of our national greatness and furnish the proud proof of our country's progress. But if, in the emergency that presses upon us, our manufacturers are asked to surrender something for the public good and to avert disaster, their patriotism, as well as a grateful recognition of advantages already afforded, should lead them to willing co-operation. No demand is made that they shall forego all the benefits of governmental...
Page 11 - ... the highest limit allowed by such duty. But it is notorious that this competition is too often strangled by combinations quite prevalent at this time, and frequently called trusts, which have for their object the regulation of the supply and price of commodities made and sold by members of the combination. The people can hardly hope for any consideration in the operation of these selfish schemes.
Page 1 - ... the careful and economical maintenance of the government which protects him, it is plain that the exaction of more than this is indefensible extortion, and a culpable betrayal of American fairness and justice. This wrong inflicted upon those who bear the burden of National taxation, like other wrongs, multiplies a brood of evil consequences. The public treasury, which should only exist as a...