Show V V 1 HE V V V VV V V he president li w wants the coal CL o L iron oh arid and id p oil gil l lands d aSS ased ed for the benefit of the whole people pe t t I O s he not lt Iha make e the he same ne demand ma d for foi grow grow- a. a c 1 k crops 1 He lIe or his Ius friends S might answer tle the man nal who owns the growing crop owns 9 l' l li i grandfather cut down the forest his father JN v the stumpy stumps the land c lla has fe been i in his hi his family 1 r r since about the tune time of the tie war var in 1812 1 answer ns to that is What of it 7 The grandL grand- grand Y L 9 took took l UI p the thc land did he not the govern govern- J land laId 1 Nothing b was assessed against 0 t him 4 lC l had ad given giyen it a a. a value lue by his work vork Then f v thus made and and and the cr crop p raised raised were raised were s sulI sub sub- ll- ll I r a light taxation Why should should not his t ls n have an l equal qu l' l chance 7 A t AV nd aers acrs hind b bOlow low there IS is a a. a V of oil 1 r r. 1 not not support a f family of jackrabbits The i grandfather knew if f he cOl could ld ever ge get 11 f V r W aJ and the stumps the soil sOlI would raise any- any Vv i that grows vs in fl the fhe temperate zone zone When a y- y 1 lal Ol or company begins 0 boring for oi oil oil- oi he or they V- V v ow that the tile chances are are quito quite twenty to oneth t r V. V V Hey lose all al they put in and that a a. large V amount ini m t of money will wil be to make the lie test V. V r. r V 0 r s r SH j test es finally succeeds in striking i g oil oi i V- V iI it except the manor men who found it 7 And V ho how is is the tax levy to be adjusted 1 1 Suppose the thc I i V. V wier or owners S clear jr in I a a year re 1 OO OO c or r Th They live lve in n t the country V 6 l iIi they l t 1 ir t ti th the asse assessor 1 does does does' his lis duty they J Y I V. V V V V I II i i t I V VI V I f V. V Q t Vc- Vc i C- j V j o t 4 V V V. V J V i t J V L-i. L I V. V JJ V r rt f pay taxes on 01 all alli ll t they y tire are worth worth do they not 1 Why the government step stepin in and levy tax taxation taxation taxation-on tion-on tion on the growing crop crop and on OU the wheat t tin in the bin 1 Has the average eastern man mal lost all l sense of f fairness l' l Suppose lIi Mr Mi Pinchot should put in iu a afew afew a af f few dol dollars rs to help develop an oil oi well wel and and anel it should become a gush gusher r would would- Mr Pinchot be anxious to have the land above that oil i taxed 1 Would he pot not be just about the first man man to to ci cry y out ag against tile the injustice 1 Would not President Taft be about the second one 1 Would not riot they both explain explain that the land land was utterly wor worthless except for the oil oi far below the surface and that the fair thing would be to tax the owners owners' on the value of the oil oi produced That is if a mans man's pa part t of the oil oi was was 1000 barrels per a annum if i h he raised besides 1000 bushels of wheat and and anel seven seen colts bolts the he equitable thing wo would ld be to tax him for forthe forthe forthe the value of the oil oil the wheat and the cols colts and that anything else would be double taxation taxation 1 An Au Anoil oil oi not last very long A wheat f field ld if cared d f for r remains a wheat field for airtime err r altime Wily Why not be fair and honest 1 J 1 V I |