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Show LEFT-HANDING THE FARMER Press reports indicate that the Non-Partisan League idea of state-owned banks, grain elevators, cold storage plants and other utilities, has been adopted by the strange of some states. If a st&te ownership program could be tacked onto the Oregon state income tax and loaded onto the people, any program for strengthening the state industrially would be successfully blocked. An overdose of socialism and an overdose of taxation is the surest method known for driving capital into hiding and discouraging V e man who would otherwise make investments which would re-suit re-suit in payrolls, employment, and production. In the long run the farmer suffers most by any agitation which reduces the home market for his products, and stops investment in industries. Exempting public utilities from taxation by public ownership, e.nd large issues of non-taxable securities, heap up burdens on industries in-dustries and producers. The Socialistic theories finally all come home with a left-handed blow to the tiller of the soil. |