Now. all the millionaires who come here. or most of them. own railroad stocks and bonds. bank stocks and bonds. trust stocks and bonds. Now. tax these things and there will be no inducement for them to leave the States and cities in which they formerly resided and conm here. I am surprised that these gentlemen want to prevent further immigration to this city of men who are able to pay large prices for land and houses. for servants. for automobiles. the cost of which is not coming out of their pockets. because they save that amount by dodging the State taxes. by coming to this city. the only haven we have in the United States where a man can come and save the payment of all taxes on such property. It is true that. finally we have got an income tax. by which part of their earnings on such property may be taken. Do not ruthlessly destroy all this favoritism all at once.
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immigration