By the substitution of appropriate commemorative medals for special fifty-cent pieces much is to be gained.
It seems only equitable, therefore, to adjust our tax system in accordance with economic capacity, advantage and fact.
Historical events could be very suitably and properly commemorated through the striking by the Government of medals in lieu of coins.
I don't see why not.
I think this is going to be the dullest for news on record.
I do not believe that our present system of taxation completely meets this test.
A tax upon inherited economic power is a tax upon static wealth, not upon that dynamic wealth.
This new proposal for the striking of suitable medals will, I believe, encourage the adequate observance of these anniversaries.
The practice of striking special coins in commemoration of historical events... is a misuse of our coinage system.
The community has profited in those cases in which large-scale production has resulted in substantial economies and lower prices.
We need to simplify and clarify our revenue laws.