Valdez Daily Prospector
PUULISHKD By THE
Prospector Publishing Co.
TERMS.
Daily Prospector.
By carrier, per month....$ 1.00
By mail, per annum 10.00
The Weekly Miner.
By carrier, per monlh 40c
By mail, per annum $3.00
The paily Prospector and Weekl>
Miner, by carrier, to one address
only after September 1st..$1.25
The Daily Prospector and Weekly
Miner by mail to one address
only $12.50
Business OlVice and Editoria
Rooms, Phone No. 222.
FRIDAY, NOVEMBER 22, 1012.
CARVING TURKEY.
11° I lie allies in the Balkans
really euler Constantinople, to
which !lie way now seems open,
a most UilVicult situation faces
not only the "(.treat" Powers of
Europe, but the allied govern
nienls as well—I he distribution
of the conquered territory. As
to this process, the most varied
reports are discussed, of which
the most disquieting is that of
the intention of Austria to veto
the acquisition by Servia of sea
ports on the Adriatic. The risk
lies rot in tin* specific- measures
which Austria may undertake to
forbid, but in the possible de
cision of Austria to enforce any
decision.
We have already called ullen
lion to the fact thai no such pol
icy can be adopted by Auslr'a
without the support ol (Jermany.
The London Spectator points out
further that no such policy would
be likely to be adopted if Italy
should decisively oppose it. Not
that Italy could hope to resist
Austria in a direct conflict, for
Austria practically commands an
entrance into Italy at Lake Ouar
da. But if Italy should make the
abstention by Austria from arm
ed interference in the Balkans
the conditon of her remaining in
the Triple Alliance, the condition
could be enforced. The mere
possibility that Italy would
change from the Alliance to the
Entente would make peace sub
stantially sure. With this even
tuality in view it is not unrea
sonable to expect that a redistri
bution of Turkish Kuropcan ter
ritory could be made that all
would accept. II would It" a dif
ficult and complex task, bill with
assurance Dial no general con
flirt would ensue il would b> in>
m«>aus be an impossible one.
-THE FEDERAL INCOME TAX. !
MVn slates have 11• \«»l«•«!
upon I In- Kcderal ^iii'iiiiii* lax,
hut Mi.* vnit's n|- only iwii more
stall's aiv necessary I<> empower
congress li> intlicl I his hlcssiiiK
Jipon us. Tlii* prospect I hat the
|\vn vnlfs will l»i> furlhcouiinp are
indicated hy I lie fact thai thirty
l'«>11 r stales liavi- already vnli'il in
tin* alTirmali\e, and «>111> four in
llii* iii'Kalivi'. Tlii' income lax,
I liyri'fiM'i'. has carried I hi' coun
Iry as overwhelmingly as tin*
Democrats. ami il will ri'iiiiiiii fur
"lii'in l«i ruinplel•• llii' work whirli
tin' lie publicans liopan I»> h'vyinff
an "excise" lax mi i'i»r|M>ralions.
Tin* i»vi'i*\\ In*Iii 1 i11 |x popularity
uf thai tax mi incorporated. ami
what miulil In- called impersonal,
pi'rsi h i a 11 y i- I In* i • x p I a 11 a I ion of
llii' a n I hoi'izjit ion of l h •* mm •«*! in
liiiiali* of all taxes. hi -owe
rasi's il will l»r collected twice,
for siiiiii' si all's havi« alri'aily lev
ii-il a 11ii*iiI income tax. whii'h. of
course. is in ;«i Ii I i I i i > 11 to || ny Ked
i'1'al lav. In Wisconsin |hr lax
was no soofii'c fi'lt than il was
hati-il. .just as il is haled wlier
I'Vi'r il is paiil. Tlii' I * 11 i I i*i I Stall's
il ill not iii'i'il i hi* money, haviii.K
alri'aily iniiri* inromi' than il ran
lake xoml ran' of, or spend to
advantage. Tin- motive of I In
lax is not In Support thc Kovern
mi'iil ntnli'i' any unsusal slrain
as is customary in nations where
lhi» inronii' lax is a war lax--lml
to taki' somelhiiur front llmsi-who
aiv thoimhl to hiivi* loo much.
Some individuals Ihouplil I hey
fonl,| inaki' others pa> and es
cape Itii'insi'lvi.'s, ami snnu' purls
of I hi' run n try thought I hi'> could
profit hy llii- expenditure of Un
tax raised in oilier sections.
These are I In* farts which explain
(.ho necessity for a constil.nlion
al amendment ho fore congress
could levy the lax. II is viol lo
he apportioned according lo pop
ulation, and therefore it was nec
essary lo romovc lhe constitu
tional inhibition against the levy
ing of that sort of tax.
Now that it has come within
hailing distance, and is a mat
ter of near and practical poli
tics, the important thing to con
sider is not that we must pay
I he tax, hut what sort of tax it.
shall he.* The amount of it, the
exemptions from it, are all ques
tions of which we shall hear a
great deal. The more we hear of
them the less popular the tax
will In? among those upon whom
lit will fall, and the more it will
commend itself to those who will
escape payment. Class taxation
is the most odious sort, and the
income tax is essentially a class
tax. It derives its undeserved
popularity from the notion that
it falls upon those best able to
pay, ami is levied according to
ability to pay. Hut an income tax
must be paid alike by those whose
incomes are derived from invest
iii"itl ami from services, ami it
is therefore a tax on Ministry
as well as on wealth. And to
take. say. one-tenth from an in
conie of s | mi,000 is by no nwaus
the same as lo lake a tenth from
an income of 81,000. These dis
tinctions are so obvious and
shocking thai they customarily
are remedied in manner hardly
less shocking, that is to say. by
exemptions, or by taxing some
more heavily than others.
As services and property are of
most unlike character it follows
that an income tax levied upon
terms of entire equality is most
inequal in its incidence, and
lacks that essential quality «»f
sacrifice in payment. If the na
tion needed the money patriotism
would require the cheerful pay
ment nt' almost any tax. Since
the nation would be better with
out the money, and the citizens
of the country would be the bet
ter for keeping their money, the
iluly of good citizenship is to ex
amine the nature of the forlh
I'oming tax most narrowly.—Ex.
WHISKEY, BEER, TOBACCO.
American men ha\c not al
lowed the high cost of living to
interfere with their indulgence in
Iheir habits. Records show that
there is an increase, rather than
an abatement, in the consump
tion ii\ this country of whiskey,
beer anj tobacco in its various
forms. Tax returns to the Unit
ed States Commissioner of In
ternal Revenue1 indicate that
inor, of these commodities are
being consumed in the United
States than ever before.
During the first quarter of the
current fiscal year, covering the
months of July, August and Sep
tember. 33,150,000 gallons <>f
whiskey were consumed, an in
crease «»r 'iftO.OOO gallons as null,
pared with the corresponding
months of last year. During the
same period 10,800,000 barrels
of beer wer* consumed, an in
creaeg of 320,000 barrels over the
consumption for the like period
of 1911. •Cigars were smoked to
the lUitnber 1,050,000,000, a
figure which, Hie commissioner
says, promises lo establish a new
record. In the three months un
der consideration over 3,800,000
cigarets were smoked. This item
shows a remarkable increase ov
er 1,000,000,000, as compared
with the llrst quarter of the last
fiscal year, which itself broke all
prior records.
It is of course to be borne in
mind, when these quantities are
considered, that the United Sltacs
is a rapidly growing country, and
that the increased consumption
may be accounted for, in part
at any rale, by I he development
of the population. As a matter
of fact, the United Slates falls
behind some oilier countries in
the consumption of spirits and
mall liquid's per head <>f popula
tion. and I lie pei- capita con
i s111111 i«• ii of ilisl illed spirits has
! decreased from I he level reach
| e-d four or live decades ago.
I
II costs you loss to slop at
"The Cliff" Ihan il does to rent
and heat a cabin, and you have
a nire warm, clean room to dress
in. Nil fires or rares at all to
attend to.
Schedule for Launch Donaldson.
Fort Liscum Ala0l:~, Aug. 2,
1912.—Office of the Quartcrmas-!
ter:
The following schedule for the
launch Lieut. C. V. Donaldson will
take effect Monday, Aug. 5, 1912.
All orders in conflict herewith are
revoked:
Leave Leave
Days— Ft. Liscum Valdez
Mondays ...8:15a.m. 10:45am.
1:15 p. m. 4:00 p. m.
Tuesdays ..8:15a.m. 10:45a.m.
2:00 p. m. 2:30 p. m.
5:00 p. m. 5:30 p. m.
Wednesdays8:15 a. m. 10:45 a.m.
1:15 p. m. 4 :00 p. m.
Thursday ..8:15a.m. 10:45a.m.
1:15 p.m. 4:00 p.m.
Fridays ...8:15 a.m. 10:45 a. mj
1:15 p.m. 4:00 p. m{
Saturdays .2:00 p.m. 4:00 p. ml
7:00 p. m. 10:30 p. m.
Sundays, such trips as may be or
dered.
There will be no trips for the
launch on the second and fourlh
Fridays each month, these days
being used to clean boilers.
Special trips or cancelling of
above will be made without no
tice, only to meet the emergen
cies of the service.
Ry order of Lieut.-Col. O'Neil.
L. A. KUNZIG,
1st Lieut. 30th Infantry, Quar
master.
Now is
The
Time
To advertise. If business is quiet
invigorate it by bringing your
wares before the buyer. No mer
chant ever succeeded by outting
down his advertising Just beoause
money tightened up a little. On
the other hand the merohant who
gets the money Is the one who
oreates a demand for his wares
through the advertising oolumna
of the newspaper.
If you have something for sale
write up an advertisement telling
Its merits. We will bring It bs
fore the people and are oonfldent
It will bring results. Try It.
Arriving on Every Boat
Large Lines of
Holiday Goods
Watch For Our Announcement
Copper River
Draying Co.
Freighting and passengers to all parts
of the interior. General Trucking
Ud. Wood, - Proprietor
MeKinley St. Valdei
IIkup Hotel
SEATTLE
Chas. Per»y, mm.
Till BEST Or EVEBYTHINO
IN THE heart or tuecity
1359ooxsWiTnB*TM-505miRoo«s
GOOD fKASOKS
Tho most progressive
store koepers all over tho
country use electricity for
lighting. Why is it ?
Because
It makes a lighter store.
It is cleanly.
It gives less trouble.
It ooes not pollute the air.
It lends itself readily to
any special decorative
effect.
It shows up colors to
good advantage.
T^hone for our expert to
talk It over with you.
ALASKA WATER, LI6HT 4, TEL, CO.
Steam Heat Electric Lif&ti
THE COPPER BEOCK
Finely Furnished Rooms All Modern Conveniences
Good TIIP DlirrrT Good
Goods int Dull LI Good 9
Copper River Lumber Co., Inc.
ALL# KINDS OF
Native and ¥ ¥ TRjin|7P ant^ Building
Puget Sound JL^ 1VJLJl3JljJK. Material
CONSTANTLY ON HAND
Prices Right W. M. FINICAL, Mgr. Phone 18
Patronize a Home Industry
VALDEZ DRUG CO.
Drugs and Druggist Sundries
PRESCRIPTION SPECIALISTS
Telephone Orders Solicited Free Delivery
Ingram & Bush Dealers
Just Arrived Direct from the
Factories a Large Shipment of
INTEGRIDAD, Rex, Regal* EL SIDELO, Senator*, Millionaire*
SMOKECRAFT, Reina Victoria, Delmonico BELMONT, Monarch
REPRESENTA, Medio, Full Value, Madrid
Box Trade Solicited at Seattle Prices
Special Price To The Trade
We do a (
general I
Banking!
Business!
S- BLUM & G
— INCORf'iPATCD —
BANKERS
|C A_P iT AL _$ 2 00.000.M
Bank in
rear of
mercantile
department
We Pay 4 Per Cent Inter on Time CeriUhatee of Bepoeit.