The statements made by Sir W. Crookes about the wheat acreage in the States are as incorrect as those about Canada, for he says, in his letter to The Times of December 8, 1898, that "the whole wheat acreage in the United States is less than it was fifteen years ago," whereas the official figures for 1897 and 1898, which were before him at the time, told him that the wheat acreage in 1897 was 3,000,000 acres in excess of the average of the preceding fifteen years, and in 1898 was in the neighborhood of 5,000,000 acres in excess of any year in the history of that country. Do not the fluctuations in the wheat acreage of the United States in recent years prove conclusively that they were solely the result of the movement of prices, and had no bearing whatever on the question of exhaustion of land? Under the depressing influence of an unprofitable market, the wheat area fell from 39,900,000 acres in 1891 to 34,000,000 acres in 1895, but, under the stimulus of a substantial appreciation, increased again, in three years, to 44,000,000 acres. If, in spite of a rising and remunerative market, the area had remained stationary or shown signs of decrease, it would have been in order to call attention to the fact as indicating exhaustion; but when, in immediate response to a rising market, the area increases by leaps and bounds, the question of exhaustion becomes less and less one of actual probability, and more and more one of theoretical possibility. A precisely similar line of reasoning is applicable to the fluctuations in the province of Ontario, and goes to show just as clearly that the decrease in area has had absolutely no bearing on the wheat-producing capabilities of the province.
"A permanently high price for wheat is, I fear, a calamity that ere long must be faced," says Sir W. Crookes; but, with due deference to so great an authority, I believe that the day of a permanent high price for wheat is yet far distant. There will be appreciations undoubtedly, but the sources of supply as yet undrawn upon are so great that it will be long before those appreciations are of any prolonged duration; but in the meantime they mean periods of great prosperity to the farmer and therefore to the world. Is a higher price for wheat such an unmixed calamity, after all? Has the average consumer of wheat benefited by the low price of wheat of late years in proportion to the hardships endured by the producer? I think not. Let those who are qualified by literary and scientific knowledge point out if they will the possibility, or even perhaps the probability, of at some period in the future the time coming when there may be, if present conditions continue to exist, a scarcity in the wheat supply, and urge as strongly as they like the advisability of taking steps in good time to prevent such a calamity; but nothing is to be gained by frightening the world with predictions of evil based only on a series of unfounded assertions, mathematical calculations, and "purely speculative computations." When, if ever, the day of scarcity will come is unknown. That it is yet far off appears to be tolerably certain; but it is sufficient for the purposes of this article that it should be understood that Sir W. Crookes's statements concerning the wheat area of Canada are absolutely unreliable and incorrect, and that there are millions of acres of good wheat land waiting for occupation by the surplus population of the world, which, when under cultivation, will assist in deferring for many years the threatened day of famine.
Dr. Sven Hedin, in his account of travel through Asia, mentions as the most remarkable feature in the central region of internal drainage (in which the rivers drain into inland lakes) "the process of leveling which goes on unceasingly. The detritus which results from the disintegrating action of the weather, and the more or less mechanical agency of the wind and water and gravity, is constantly being carried down from the mountains all round its borders toward the lower parts of its depressions, and being deposited there. In this way the natural inequalities in the configuration of the ground are being gradually smoothed away." Mr. Curzon refers to the same phenomenon in the central districts of the Pamirs—the process being the exact reverse to that where the streams hew out deep ravines in their course to the sea-going river.
BEST METHODS OF TAXATION.
By the Late Hon. DAVID A. WELLS.
PART III (concluded).
The universal and admitted failure of the general property tax to attain good results and the great difficulty, indeed the impossibility, of reducing it to a form in which it can operate with efficiency and an approach to justice, must lead to its abolition and the gradual substitution of other and more simple taxes. However well adapted to a community in which the taxable property was in evidence and easily assessed for purposes of taxation, it becomes antiquated, unequal, and inquisitorial in a people where credit and credit investments have been highly developed, and where the greater social activities, whether in commerce or industry, transportation or production, are conducted by corporations issuing various kinds of securities, none of which can easily be reached by a taxing authority away from the center of incorporation. To undertake to include these securities, evidences of debt, or obligations in a general property tax is to invite evasion, put a heavy inducement on concealment, and, whenever effective, to give rise to shocking inequalities of burden. The widow and orphan, whose property is in the hands of a trustee, pay the full tax; in any other direction the holder of stocks or bonds, money or notes, escapes according to the elasticity of his conscience. The very exemptions recognized by law give an opportunity for new evasions, based upon analogy or upon some technicality under which the business is conducted. Bonds of the United States, the legal-tender notes, or money are beyond the reach of State authorities for the purpose of taxation. In the same category come also all imported goods in original packages, in the possession of the importers, and all property in transit. These exemptions alone amount to thousands of millions of dollars, and the tendency has been to increase the number of items exempted. But every such exception under the law adds to the burdens of the honest taxpayer, and every evasion of taxation also renders his charge the greater. Here is not distributive justice, but concentrated injustice.