Word: wilmot
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Dates: during 1890-1899
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Clarence E. Clough, of Wilmot Flats, N. H., was the third speaker for Yale. He said: "The tax is an encroachment of national government upon the states. Twenty of our states have already taxes on inheritance, incomes or corporations. If you put an additional tax of two per cent on this same property, and this is what the income tax does, there will follow injustice and evasion and the state law must be repealed. The income tax law contains three points of unjust discrimination. First, savings banks. It exempts six hundred and taxes three hundred. One class divides its profits...
...that, under the circumstances, the passage of the income tax law of 1894 was justifiable." Yale presented the question, giving Princeton the choice of sides. Princeton selected the affirmative. The Yale speakers are Harold E. Buttrick of Brooklyn, N. Y., Frank Rall, Des Moines, Ia., and Clarence E. Clough, Wilmot Flats, N. H. The Princeton speakers are W. F. Burns of Illinois, R. M. McElroy of Kentucky, and B. L. Hirshfield of Ohio. They will speak in the order named, and the first two named speakers on each side will be entitled to a rebuttal. The regular speeches will last...