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Show In New York they hare a system of taxation kimilar to ours in Utah. The taxes arenot payable until the first Monday in October ten montha distant, dis-tant, and funds to meet the expenses of the eity have to be supplied by borrowing money. And ho in the budget for the expenses of the city there was this year added an item of $4,500,000 to meet the interest on money borrowed in anticipation of the taxea. In 1909 the amount used in interest was $5,205,730.20, and the Sun aaya the total amount paid in interest on temporary loans since 1909 is $21,682,091.15. That Israelite waa right. When other men were talking in his presence of great inventions inven-tions like the steam engine, the telephone, the telegraph tele-graph and other marvelous thing', he said, "Gentlemen, "Gen-tlemen, you have all missed it The great invention of the world was interest." , From a time ao far back that history makes no note of when it originated, it haa beer, the custom of the Chinese to build floating rafta and upon them"' bring from the interior the products of the land down the great Yellow river to markets below. be-low. Of late the Chinese have gone to building motor mo-tor boats, and they are doing an immense business. They build the boats themselves. They are first class river boatmen and motor boats have got to be ; a rage among the rich and the poor alike. The rich are buying them for glory and for fun, the poor are buying and building them for trade, and they, with short lines of railway are making a great trade in China. It is too bad that because or our stupid legislation we are shut out from all that trade and ill chaneea to furnish the material which China need in that trade. |