Tom Watson's Magazine, Vol. I, No. 4, June 1905Various
General
Tom Watson's Magazine, Vol. I, No. 4, June 1905
Various
United States -- Politics and government -- Periodicals
(2) The democratic principle of equal and exact justice to all men
requires that the government should derive its revenue from a system
of taxation which deals fairly with every citizen. Each man should
contribute to the support of the government in proportion to his ability.
And taxes should not be laid for the purpose of building up one man’s
business at the expense of another’s.
Our tariff system, from which the government derives the greater part of
its revenue, violates democratic principles.
Its purpose and result is to build up manufacturers at the expense of
everybody not engaged in manufacturing. It gives the manufacturer a price
which he could not get without the law which insures him the monopoly of
the home market. _All the world can compete with our laborers by sending
immigrants to our shores; all the world can compete with our farmers;
but nobody is allowed to compete with our manufacturers_, AND THE RESULT
IS THE TRUST, under which Americans combine to rob the helpless American
citizen, who is not allowed to buy his food or his clothing or tools to
work with from anyone except the American manufacturer.
By this system, which lays the taxes on the things which man buys, a
citizen who is worth only a few hundred or a few thousand dollars pays
just as much to the support of the Federal Government as is paid by the
man who is worth tens of millions of dollars.
Consequently the inevitable tendency of the tariff system is to create
a class which controls the government for its own enrichment; _in other
words, an aristocracy_.
(3) Consider our corporation laws. Early in the history of our Government
Chief Justice John Marshall decided that a charter granted to a
corporation was a contract and could not be changed by the sovereign
power of the state. This decision was not good law, and no good lawyer
has ever considered it so. John Marshall had a great mind, but he
was one of the rankest partisans that ever lived. He stretched every
constitutional power in the effort to build up what Hamilton wanted—an
aristocracy of wealth.
_Just as a natural person is born into a community and lives in it
subject to having his status changed by the will of the majority,
expressed in a legal way, so a corporation, born into a community through
its charter, should have been required to take the same chance of having
its status changed, in a legal way, by the will of the majority._
Public-domain text, read in full here on John Shaqi.
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