The history of taxation shows that taxes which are inherently excessive are not paid. The high rates inevitably put pressure upon the taxpayer to withdraw his capital from productive business.

The history of taxation shows that taxes which are inherently excessive are not paid. The high rates inevitably put pressure upon the taxpayer to withdraw his capital from productive business.

Prosperity of the middling and lower orders depends upon the fortunes and light taxes of the rich.

Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate. It will purge the rottenness out of the system. High costs of living and high living will come down. People will work harder, live a more moral life. Values will be adjusted, and enterprising people will pick up from less competent people.

Strong men have sound ideas and the force to make these ideas effective.

There is no cause to worry. The high tide of prosperity will continue.

Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate.