| Show ON GRE GREAT T FORTUN S Major portion of Estates of t Enormously Rich Should Go GoTo GoTo To state on Their Death WEALTH IS THE COMMUNITY Illo the tt to I s Cec That It Val al Dee Dec Ca Can neRI I Ie SO e ew IV York National 3 tho an In today said sahl that he ou major portion ot of the tho estates ot c the thO wealthy men should go to toe I Ithe death ot of the the e stale uP upon n tics tho or ot of the fortune Mr 01 Income tax taxI a graduated I 1 think nn an Income tax tac would gem pene penetrate trace to the core auld Buld Mr M I think this a country would never neer r anything Sl much os as to moose such urh a tax 1 differ with th the president strongly on the subject Ct ot c the Income tax nut But I om am In a on the tho tax olivo adva faUng like Ilke getting a eltor distribution ot of wealth Trio subeet ot a wealth will not dorm Ir Carnegie said MId ho believed Inas Inasmuch mu much h es as the wealth w property belonged belange rt to the community the tho latter on the thed lb a d death tb ot of the possessor sor should 8 great nt portion ot of the wealth s had Bala largo part Jart to do with Its develop d t m Our r country falls In Ito He duty nab aIr lr o It If t oe ne not e c I Ih share r It a us aha thil o ot of Iho es ee estAte tats tAte of 01 the es loch hi death Tile The money y belongs to tho tic Dont mistake ma I dont clan ocate tho making of 01 a man n a the ot of his children Buk But Bu or CT who made lb 1111 k u not the millionaire smith lie Ito dId not Mt make mako the ore or ort oo t hand or the go gold III that tha t ho dug Iron ground It belongs In tho ce 10 the I e people who ute UlO It and who pro prod d dace ce the use whIch makes It valuable I lam am with the president then to ta by ad d taxation every evert Iran who oho dIes leaving behInd hire him lilt his for tor I 1 think that left felt to te a 11 child Is all an Injury George E Fostel former mIn titer ot of Canada Bald that Inheritance sod nd taxes had graduallY bon adopted by all the In he said You tax fortunes to them We dont need that measure Ir In Canada Canad are not epic demic with us I greatly distrust the or of a tax on Inheritance tor foi tort t the o eake ot at discouraging tor fortunes tunes M t E I TALKS Melville E Ingalls ot of U before the tho Civic adoration hero today ad 1 Um elt to the subject ot of an n income 1 Inheritance tax especially With n clew to limiting the largo large cl In tho possession of 01 eI rata Ml Fold that there hid had been In tell few years prolific sources ot et which are open to etc trim Those e he ha gall were the tariff U Oral J and contracts given to In Inthe the by the and the by means which were quell ques ot of contracts nt at nominal prices t for r the use UC ot of the streets of various I aides for tor the purpose of transportation and aM lIe sold HRh that illegal III I ti ta tas v s h d been In cases CaReS wrung from the railways by the tho shippers and andraid raid 3 that thu t tn this Is form torm ot of evil hill had been mil aced in 10 combination with the tariff The hs high tariff and railway rebates tall al Ir ha lave vo In the tho last tow few TaD pars produced more any am one dreamed could exist In any country lIe said tint the first t I n to do wig to modify the Iho tariff ot the granting ot of shipping favors he nil The shippers who have lived and thrived thred and prospered on rebates rebate and secret contracts will soon learn that they art are equally wrong with the rail railA rafa A n and we will set upon a 11 better tads Uti of doing business carding the tho third cause causo of 01 evil hI he Ul cue I oro two reme remedies lIM One Is to tIkI ton tracts such ns as n a proto private In would mn make e for tor the lI ue e ot of the gels tl deserving proper rentals and n rIOter division ot of the rice profits for rol th the tj ure and the other Is for tor the muni I to take po possession ses ot of the rid d street transportation and amI manage marage t I the same wry WilY as they do the th later works and sewerage e system for r the ot of the tho p people ople With RIth these c changes the number ot of I malli In the future l le I temu e mUI h r I although the tho increase 01 r and growth ot of fortunes L by leg means mean Is to bo be found nil all ever re the world 1 man aim has brains I r ilk III thrift and en rJ should have e t i profit that cones from that than 1011 in illa said lie he believed that nn In me tae I the best and lax tox that ran can bl bit levied lIe did not be In 1 n graduated Income tax lax R as that would be putting It a lax on thrift a aid energy I e the proper In law II for tor doing hr he saba can be bl framed tramel and 1111 bit Jt raved b by Congress to stand the test of the Curls It If It will not then let lei u o go 10 to tho people 3 Ith a 0 constitutional 1 t that will make It legal pP It a red the enactment of legis I I lOll t no man should have hao the right to oC at the tho bulk ot of his prop rr Ut any by bv III but that when Ice he dies It shad hlll b among hi his heirs lIe std tha Q a man OIn wealth le he dPn lip up at his death and tt 1 d lr I a Is said the tho real menace to kl nl sho 9 Shaman antitrust 11 r a It t dg I necessary ary he asserted Ii not t ter t Jr the tho railways but for the tho thon p tutu that iha th there r should be stable and n r c s 3 points point to rates I agree agno upon to be r and they also 1110 should hI be hIth a I i o the He said hl th that t I lent mare than an In s e we tau owe the great awaken Raken i Un laws i e eft of r r He He the ther the there lice j hl I be so 10 amended that this treat re t JI uprising may continuo continue boal 1 ao 0 t I II d In hand with our present it b ber e That capital may mai maia a r Ord rd an ant receive Its fair return and h I r ages ot of the great moss ot of toll h 11 rather titan ONT ONTI I J sd TI II t trl rl lent r the N tI 1111 t I c ari allo q ot of tue tIO ls ar II a tax was wall exp b by him P 7 II Intent declared hi his re ot of th 10 hid boon been misinterpreted by Wha j yesterday said Mr was that 1 a wire wipe and just rf t f taxation would be of t ro great rolt cler stir 11 ep t don b al lite man an lale I 1 1110 pus II II 1 eln III ani In b The e r Tho r that these o tar la tinier Pe ar l 1 In nn tr h teju p llIn n a punitive spirit was what I meant yesterday to den deny should Not that n a tax on not be passed hut but that It could L be done from the point ot of view ot of just Jus and anI wise WIS taxation nail and ort oft some economic grounds ground who D Guthrie n a lawyer lawor led tho fight In the local courts against un an It Ic a h tax x on grounds meld that there thero t j p e American ho bo ot of taxation |
