Light, Strong, and Durable. Frames of best Angle Steel, and Teeth Tempered in Oil. This Machine, although recently imported into the Colonies, has been in use for ten years in Canada, and has proved itself to be exceedingly useful and satisfactory. About 1000 Australian farmers have purchased these Machines during the past season. The most useful farm implement ever imported. In use the year round. CATALOGUES AND FULL INFORMATION FURNISHED ON APPLICATION. MASSEY-HARRIS COY. LTD., 522 Little Collins Street, Melbourne. Printed at 270 Post Office Place by Frederic T. Hodgkiss and Published for the Beacon Newspaper Co. Ltd. at their registered office, 349 Collins-st., Melb. FLETCHER, CHESTER & CO. GROCERS, WINE AND SPIRIT MERCHANTS, ITALIAN WAREHOUSEMEN, 69 & 71 ELIZABETH STREET, MELBOURNE. ACCIDENTS WILL HAPPEN. NOTICE TO HOLDERS OF GUARDIAN HAT COUPONS. On application, personally or by letter, I am prepared to quote To those wishing to increase the amount of their insurance. State No. of Coupon, and where purchased. throughout the colony. Agents wanted Guardian Accident & Guarantee Insurance Co. of Australasia Ltd. 29 QUEEN STREET, MELBOURNE. ARTHUR EARL LEWIS, GENERAL MANAGER. BURNLEA NURSERY, HORSHAM. L. FORSTER & SON A splendid stock of Fruit Trees raised on the most approved stocks. I have a splendid supply of Cuttings of the celebrated Almeria Vine at 1s. each. The "Almeria" is the grape of Spain for export purposes. No other nurseryman in the colony has them. JAMES CLEMENTS. PEOPLE. THE LAND FOR THE Genuine Settlers requiring Homes in New South Wales should communicate at once with Mr. Frank Cotton, M.L.A., Hay Irrigation Settlement Office, 39 Castlereagh Street, Sydney. The Hay Irrigation area comprises 25,000 acres of magnificent alluvial soil, specially dedicated by Act of Parliament for Irrigation purposes. Title, perpetual leasehold; all rents to be paid into a trust fund, and expended in FRANK COTTON, M.L.A., 89 Castlereagh Street, Sydney. WHOLESALE & RETAIL Saddle, Collar, & Harness Manufacturers 288 POST OFFICE PLACE, MELBOURNE, Carriage and Buggy Harness on Hand or to THE GENERAL ELECTION permanent improvements upon irrigation area for the general benefit of the Settlers. All particulars Free Trade and Land Value Taxation. furnished on application to "DON" and PHOENIX are the BEST BRANDS. VOL. II., No. 5. MELBOURNE, SEPTEMBER 1ST, 1894. BUSINESS ANNOUNCEMENTS. Communications to the Editor must be written on one side of the paper only, and must be accompanied by a signature, not necessarily for publication. Matter which does not reach the office before the 25th of the month cannot be inserted in the following number. NEW SUBSCRIPTION RATES. Throughout Australasia, one copy, 2s. 6d. per an4. 3d.; three copies, 68. 4d. In the other Colonies, two copies, 58.; three copies, 78. 6d. Four copies to ONE address in any of the Colonies, 88. 6d. On more than four to ONE address-to each 28. per copy subscription Id. extra must be added for postage. To Great Britain, one copy, 3s., and to U.S.A., 75c. per Anum, post free. PRICE, 2D. over, the resolute, if often mistaken want of confidence should be pressed From the very beginning of the session, however, the hectoring and num, post free. In Victoria, two copies to UNE address, bullying attitude of the Premier gave concern to his friends, and filled the Opposition with hope. Though a good fighter when pushed into a corner, Sir James Patterson is by no means a man of strong and sustained will-power. He therefore The Yearly subscription may commence at any time. Postal notes or stamps preferred. No man, in All the back numbers are in print, but early applica- lacks that repose and pliability which was to some extent removed by en tion for them is advisable. Remittances and business communications to be Co. Ltd., Mercantile Chambers, 349 Collins-street, addressed to THE MANAGER, Beacon Newspaper Melbourne. The Beacon. "Where wages are highest, there will be the largest production and the most equitable dismost active, and the brain guide best the hand. There will be the greatest comfort, the widest the truest patriotism."-HENRY GEORGE (Pro tribution of wealth. There will invention be diffusion of knowledge, the purest morals, and tection or Freetrade). 1ST SEPTEMBER, 1894. The Patterson Ministry owed its birth, not to any merit of its own, but to the absolute ineptitude of the Cabinet which it displaced. From the very first it was a stop-gap Ministry, tolerated and supported because no better could be got at the time. The only man in whom the country still has confidence, refused, and still refuses to come to its rescue, and the country therefore was, and still is, compelled to put up with men whom it more or less distrusts. Nevertheless it cannot be denied that the Government gained considerable strength during the recess. The junketing and speechifying with which the Premier is reproached, had at least the effect of making him known in many constituencies, and the tone of his speeches, especially their recognition of the supreme importance of our natural industries, led people to hope that after all some good might be done by the Patterson team. More trusting the leadership of the Opposi- arise from conscious strength alone, and When under these circumstances the Opposition resolved that a vote of duce Mr. M'Kenzie and Mr. Trenwith to become members of the one and the same Ministry, was the task which confronted Mr. Turner when he assumed the responsibility of moving his want of confidence motion, and which would become more pressing if the Ministry were to resign. As things stand, however, it is more than probable that Sir James Patterson will advise the Governor to dissolve the SMOKE THE BEST TOBACCO. House, and that the Governor will The Free Trade party has to thank will gather round it, like driftwood A Property Tax. of shareholders, the shares as well as the property would be taxed, i.e., the property would be taxed twice over. The same double taxation would arise from taxing bills, and as we cannot conscientiously charge either Sir Frederick Sargood or the morning papers with the intention of doing this injustice, we are compelled to conclude that shares and bills were thrown in as a make-weight to deceive the farmers. tax. As far as existing mortgages are Equally so with the tax on stockin-trade. Whether a tax is placed on manufactured goods before or after they enter the colony, makes no difference in its behaviour. In either case it is not paid by the dealer, but by the ultimate purchaser of the goods. Still more curious is the proposal to tax mortgages. The object obviously The "Age," after a short renewal is to lead to the belief that the mortof its advocacy of a tax on the unim-gagee would pay this portion of the proved value of land, has joined its hated rival in clamouring for a general property or wealth tax. The conversion, if not due to a letter by Sir Frederick T. Sargood, is at least coincident with its appearance, and as both morning papers have several times quoted from the same, it may be taken to express their views. What strikes us first in this letter is the reference to the existence of the property tax in New Zealand. The sentence is so carefully worded that it is calculated to provoke the belief, and has widely provoked it, that this tax is still in existence there and is in some way connected with the prosperity of that colony. Whereas the fact is, that the people of New Zealand showed their appreciation of this tax, so much beloved of Sir F. T. Sargood, by getting rid of it on the first opportunity. The Ballance Ministry was pledged to abolish it and to substitute for it a tax on the unimproved value of land yielding £300,461, and an income tax yielding £70,000; moreover, the return of prosperity to New Zealand is coincident with this abolition of the very tax for which our morning papers now contend. It is therefore manifest that the objects which are enumerated as liable to taxation under the property tax, include, (a) forms of wealth which cannot be taxed; (b) forms of wealth the tax on which can be shifted to other shoulders by the ostensible payor. Of the taxable articles enumerated in Sir F. T. Sargood's letter, there remain, therefore, land, cattle, sheep, horses, cash, houses, and, what he probably overlooked, furniture and growing crops. These are the things to be taxed, and any tax falling on these things will burden the farmers Another and similar surprise is pro- and working classes to a very much vided by the enumeration of the vari- larger extent than the wealthy men in ous forms of wealth which are to be the community, even if we omit the made liable to the tax, viz., land, injury which a tax on mortgages and cattle, sheep, horses, shares, mort- on stock-in-trade must inflict on them. gages, cash in bank, bills, houses, For, while all such property held by stock-in-trade, &c. This enumeration farmers and workingmen is visible, clearly proves either that the advocates and can be valued by any ordinary of this tax have not the slightest con- valuator, it is far different with those ception of what they are proposing, or possessed by wealthy men. Jewellery are anxious to deceive a section of the plate, and cash can be concealed community. Take for instance shares. with the greatest ease, and such proIf they have a value, they are some-perty as pictures, costly hangings thing more than mere pieces of paper and carpets, elaborate houses, fine and represent some form of property. horses and carriages, can only be If then a bank belonged to a private valued properly by a few experts in the individual, all the bank's property community. Consequently, while the would be taxed once. If the same farmers and working classes will be bank, however, were owned by a body taxed up to the hilt,much of the pos SMOKE PHOENIX AROMATIC TOBACCO. |