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Show oo WISCONSIN AN EXAMPLE (Continued From Page One.) "Tho gonoral birslncss conditions In Wisconsin conclusively show that instead in-stead of being retarded by progressive progres-sive legislation, Wisconsin has advanced ad-vanced financially and commercially moro rapidly than the country takon as a whole. Since wo reorganized our state banking Inspection and supervision su-pervision In 190 1 thero has not been a single bank failure among the 507 stato banks In that commonwealth, with $22,000,000 of capital and suiplus. The only failures have been thnt of three national banks, througs embezzlement. embez-zlement. During the years 100" to 1910 the capital and surplus of ll state and national nanus m Wisconsin Wiscon-sin Increased 54 per cent, whereas for tho United StnteB they Increased CO per cenL Tho clearing house exchanges for Milwaukee Increased 117.5 per cent from 1900 to 1910. while for tho lTn1- ) ted States the Increase was about 100 i per cont. Milwaukee's Increase was I 11 per cent greater than that of Chicago. Chi-cago. 'Judged by commercial failures, Wisconsin has prospered better than tho entire country. The total liabilities liabil-ities In commercial allures for the entlro United States In tho four years 190G to 1009. Increased 38 per cent over the total amount for tho preceding preced-ing four years, 902 and 19. But the liabilities In Wisconsin for the same period fell ofT or decreased 10.S per cenL In other words comparing the j four vcars that followed the complete j 1 Progressive victory of 1905 with the four years mat preceueu u, uie dusi- i ness failures In WlaconBln decreased one-tenth, but for the whole United States, thev increased one-third. "During theso ten years of- Progressive Pro-gressive legislation, the expenses of the state have lncrensed, but the bur-don bur-don of taxes upon the people has decreased. de-creased. In tho vear 1901, the firsC year for -which the proporty was equalized at its true value, the average aver-age amount of tixcs on one thousand dollars worth of pnpertv was $14.17; the highest amount sinco that time was $11.51 In 1901: the amount for 1910 was only SI LIS. In other words, the real and perso ial prooortv of Iho stato paid 21 per cent less taxes In 1910 than it did In 1901. That h, taxes have Incre iBed lesg than tho Increase In the value of the proportv. In the years 1901 to 1910 the taxes ' Increased SI per cent tfroru $20,300,-I $20,300,-I S31 to S30.CG7.S9-i). But the real and personal property lncrease.l 91 por cent (from 51.43G.2SI.unO to $2,743.-' $2,743.-' 1S0.404.) Tho total' payments made ! by the state government for all purposes pur-poses Increased from ?C,046,5G5 in 1903 to $10,195,032 In 1909. an Increase of a littlo leas than $4,000,000 a year. But tVi rnlirnnitj nnrl nflier cornomtlrufi paid laxes to the state of $2,059,1,;!!) In 1900 and $4,221,504 in 1910, an ln-croaFo ln-croaFo of nenrly $2,200,000 a year. That Is, the increased taxaiion ot cor. poratlons which i r tho most part had not been paying their full share of taxes, took care of more than one-half one-half of all the increase in expenses of the state for all purpoeofl. But the increased payments are rior all of them due to running oxpensesi ' N'He-rlf' of tho state. Tho stato debt Is llm- hllVU Ited by the constitution to $100,000, niciiy l and the peoplo of tho state havo re- 1 1! rH the ccntly been paying from about $700.'- whtBo ol 000 to .$1,000,000 a year for a stato 1 1 ;Hthc capltol to coat $G,000,000 when finish- ' " rHtT. ed. Instead of paying for Its capltol ; proBof by the Issue of bonds, the slate Is r t0oBrcfi paying for It out or Its surplus revc- vcflg 1 nucs and taxes. rlcBa "Tho same Is true of other expenses &talDt' which might proporly be met by Issn- olec ing bonds. In fact, the state spend L,Hig over $1,000,000 a year for buildings f Mufto I and permanent Improvements and I ccH pa;s for them out of current taxes Hn !' as" It goes along Instead of charging j fh.aU It up to future taxpayers. hei "But the great increase In state ex- fJHpUT pen8es has been for education an 1 nBFst charity. In 1900 tho state was pay- - f,Kvo In paldcHJIHHH "Hr large !:t9ilPW F a bulhlngs ll)c CTiW!l7wrnUf? I o i H'fc normal schools and graded BchoOla Hbo have also been enormourh Increased, Kts In 1900 the state government paid Bl' t $700,000 for chnrlllos. reformatories, F and prisons. In 1910 this had in- ftoi creased to $1,125,000. Bd "Had it not been for the Increased m expenses for the state capltol, tor Hu education anil charity, the increased H expenses of the state government B ' would have been moro than covered Kw by the Increased taxes of corporations K alone, which had not been paying the:- SHiit Just proportion of the taxes. As it fer Is, the property of the state Is paying Ko 21 per cont leas taxes In proportion K to Its value tlian It did ten years Bn profits that Progressive legislation in f Wisconsin has not been destructho, H as Its enemies predicted. Instead "f H driving capital out of the stato It hat attracted capital more than other H states. U has mado Investments safa jH for all instead tt speculative for a, H few. It has been conservative anl H constructive as well as Progressiva. B' Not one of the 'Progressive laws hq B been overturned by the supreme court 1 of the state, and not one has been . M carried into the federal courts." J H |