Democratic Sentinel, Volume 16, Number 19, Rensselaer, Jasper County, 27 May 1892 — The Wool Tax. [ARTICLE]

The Wool Tax.

In an editorial article in the St. Louis Republic Congressman Wilson of West Virginia says: “The revenue from duties on wool and on woolen goods during the last fiscal year was over $40,000,000, which was more than one-fifth part of our entire customs revenue, and more than oneninth part of our entire revenue from taxation. There is only one subject of taxation that is more fruitful, and that is spirituous liquors.” Such taxation is the grossest possible violation of sound principles. It is a most onerous tax on one of the prime necessities of life, a tax which bears most heavily on the'' poor, and from which no man, woman or child can escape. By the manner of its imposition it compels the people to pay not only the $40,000,000 which goes to the Government, but a much greater sum which goes to the domestic producers of woolen goods who are “protected” in advancing prices by the heavy taxes of the McKinley law.—Pittsburg Post/