People's Pilot, Volume 6, Number 15, Rensselaer, Jasper County, 1 October 1896 — The Republican Remedy—More Taxes. [ARTICLE]
The Republican Remedy—More Taxes.
Mr. John Sherman to Emmet Rittenhouse: “Mansfield, 0., Sept. 22, 1896.—ifear Sir—The only wfty in which a Republican administration can correct the evils of the past is by increasing the revenue law by a new tariff law, and this, I fear, is not practicable. "Very truly yours, “JOHN SHERMAN.” Under the existing gold standard the value of property in Michigan is steadily decreasing. In 1891 the assessed valuation pf all property in the state was $1,130,000,D00. Under ordinary circumstances’ and a fair system of finance the state, being new, should snow a gradual increase. There is ffot only no such increase, but there is an actual decrease, the assessed value of all property'ln the state for 1896 being $1,105,200,000, $24,800,000 less than five years ago. The people of Michigan should vote for Bryan and free silver, to stop the decline in their propertyand restore the value which the gold standard has, stolen from it. The Rt. Hon. Arthur Balfour, the great English statesman and bimetallist, says that for the United States to adopt the gold standard would be not only a national, but a world-wide, misfortune.- —: _
