“Various propositions for an income tax come from Democratic free-traders, who are ready for any scheme for raising revenue that doesn’t depend upon a protective tariff. Then there are the Populists, Nationalists, and divers miscellaneous cranks who object to wealth on general principles. Other men’s wealth, of course. To these powerful thinkers an income tax is a penalty to be inflicted upon the plutocrats, a discouragement to the acquisition of money. There is much flabby talk about plutocracy, and a good deal of the talk in favor of an income tax is of that nature. “With the opinions of the Populists we are not concerned, except as students and observers of the political curiosities of the time. It is proper, on the other hand, to remind Democrats that an income tax is undemocratic. Undemocratic in principles, because it is an interference with individual business and a premium upon perjury. Undemocratic in precedent, because the imposition of such a tax was unanimously and strenuously opposed by the Democratic party, and because the extension of the life of that tax from 1870 to 1872 was likewise opposed, with substantial unanimity, by the Democratic party. “The only excuse for the income tax was that it was a war measure. What excuse can be given for reimposing it? Is there a war against money or against common-sense?” Democratic free-traders, so obnoxious to the New York _Sun_, by the suggestion of an income tax, are merely seeking for means whereby the expenses of the Government may be defrayed. They know that something is the matter with the Democratic masses, who have shown their dissatisfaction with the existing state of things. These Democratic free-traders (and they fairly represent the doctrine proclaimed as a principle of the Democratic party, and adopted as a platform in the Chicago Convention) know that if they are to be consistent they must abolish, to a great extent, the duties upon imported articles. They also know that if they abolish duties, there will not be sufficient money paid into the treasury of the United States to defray the current expenses of the Government. They have realized the powerful current of public opinion, which demands the equalization of taxes between those who enjoy the benefits of living under the government of the Federal Union. The tariff duties do not fall with the same proportionate weight upon the rich and the poor. The rich derive greater benefit from the security offered their property than the poor, as the amount of their property is greater than that of the poor; yet a Vanderbilt consumes no more sugar, and therefore pays no more duty, than the Homestead striker. The Democratic free-trader, “with his flabby talk of an income tax,” is merely seeking for a means to furnish, upon something like an equitable basis, the money necessary to run the Government.