Word: jour
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...unjust one. - (a) Not universal. - (1) Whole burden placed on a small portion of the community. - (b) Not equal. - (1) Professional men would pay practically nothing. - (2) Farmers would over pay: Pop. Sci. Quar., VI, 625. - (c) Not thorough: Jour. of Soc. Sci., 37. - (1) Unearned increment on hand is taxed. - (2) Other forms of increment escape: Century...
...weighted down by increased tax. - (2) City poor will merely be assessed by the state instead of the individual: Pop. Sci. Mo. XXXVI, 489. - (c) Tax has no basis in history or in practice. - (1) When it has been tried it has failed: Century XL, 385; Seligman in Jour. Soc. Sci. No. XXVII...
...Government ownership is practicable. - (a) Has endorsement of practical railroad men: Lewis, p. 190 - (b) Fair trials in foreign countries have shown its practicability: Lalor III, 502. - (1) Experience of Belgium and Germany: Wm. Larrabee, The Railroad Question, p. 409. - (2) No fair trial in France and Italy: Quar. Jour. Econ., I, 453 (July 1887). - (c) Extension of service would bring about civil service reform...
...unnecessary and mischievous. - (a) Unnecessary: D. B. Hill in Cong. Rec. June 22, 1894, p. 7825. - (1) Revenues are increasing. - (2) Expenditures are decreasing. - (b) Mischievous. - (1) Class legislation: Bourke Cockran in Cong. Rec. Feb. 20, 1894, p. 2818. - (2) Unjust territorial distribution: J. A. Hill in Qy. Jour. Economics VIII. 437 (July 1894). - (3) Discriminates against personal ability; against temporary incomes...
...present currency system is bad, and should be abolished. (a) Inadequate in volume. (1) Rapid growth of population and trade. (2) No inducement to national banks to issue notes. Quart. Jour. Econ., vol. 1, p. 414. (b) Inelastic. (1) No provision for expansion in financial crises. (2) No provision for small centres. C. F. Dunbar, Quart. Jour. Econ., 1892, p. 63. (c) Dangerous. (1) The proportion of gold to certificates, greenbacks, and treasury notes is too small, and growing smaller. Taussig, Silver Situation, p. 54. (2) Further in-crease of government issues would make matters worse...