Show Lb Laboa outher ebere on larg isago fortunes mr alfr henry labouchere discussing tho the recent death of jay gould and the large fortune he left in london truth troth says were I 1 an american I 1 F should hould meet this tendency by a progressive death duty ou on all bequests what I 1 mean Is that the duty would not progress on the sum total left by the individual but on the sum inherited inherit id by the individual suppose etha that t a m man an left 1 and that my progressive duty doubled itself on every inherited abdi by any of his heirs my plan would wor work out in this way if the duty on the tha first weis were 5 per cent should he be leave one person the sum of would have to td be paid by 17 any one on getting 1500 OW and so on until the effect of leaving an excessive amount to one individual would ba that the tha state would become the sole 6 h heir 11 this would preventive the perpetuation ution of 0 I 1 a so eo to spread his money on his death deahl that t a large number of individuals wd would ula profit by IV it A |