Word: localitis
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...strange island rich in jewel mines. Dying, the owners left a will which would return the treasures to the natives unless their son and daughter married. Fortuitously involved are a beautiful foreign Princess and one Hollingsworth Chase, American adventurer. The walking delegate of the Natives' Union, local No. 1, argues that the matter may best be settled by massacring the whole white contingent. Nine or ten thousand natives are acting on his advice when an American gunboat hears the rumpus, drops a shell in the courtyard of the besieged chateau, details a platoon of marines. The masses of natives...
...commend a decrease on earned incomes and further abolition of admission, message and nuisance taxes. . . . Being opposed to war taxes in time of peace, I am not in favor of excess profits taxes. . . . For seven years the people have borne with uncomplaining courage the tremendous burden of national and local taxation. . . . Of all services which the Congress can render to the country, I have no hesitation in declaring this one to be paramount...
...Government fixing of prices, no resort to the public Treasury will be of any permanent value in establishing agriculture. Simple and direct methods put into operation by the farmer himself are the only real sources of restoration. Indirectly the farmer must be relieved by a reduction of national and local taxation. He must be assisted by the reorganization of the freight rate structure, which could reduce charges on his production. To make this fully effective there ought to be railroad consolidations. Cheaper fertilizers must be provided. . . . Unless we can meet the world market at a profit, we must stop raising...
...situation. He pointed out that 8.5% of the owner farmers have lost their farms through foreclosure or by agreements with their creditors and 15% hold their farms only on account of the leniency of their creditors. Low prices for farm products, high prices for labor and manufactured goods, high local taxes are responsible for the situation. The Secretary proposed no general remedy but suggested that selling our surplus grain to some country which could not pay cash but could give obligations to pay later was worth consideration...
...just raised. It is interesting, however, as indicating how important the main issue has become, and it is specific enough in regard to the availability of Federal funds-funds being always the first and last question in education. Said the President: "Having in mind that education is peculiarly a local problem and that it should always be pursued with the largest freedom of choice by students and parents, nevertheless the Federal Government might well give the benefit of its counsel and encouragement more freely in this direction. If anyone doubts the need of concerted action by the States...