Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1890-03-27

Mr.. Vest that he would not say another
word about the constitution. He was
prepared to ''join the procession" lie
would like the Senator from Ohio (Mr.
Shermanl TO say whether he considered
the clause incorporated in the bill by
Mr. ingalls,, imposing tax ON dealings
of tin options, was constitutional or not.
He
CHARACTERIZED THE BILL
as remarkable act Of legislative leg
erdcmain." II said to the persons en-
gagged in dealing in futures and options
that they were a lot of criminal thieves
and robbers; but that II they would pay
81 600 into the treasury they might 90
on robbing.
Mr.. Eustis said he asked himself, in
looking over the bill, whether the Sen
ate was seriously engaged in the at
tempt to impair and destroy trusts" or
whether it was engaged in sham bat
tie. playing the role OF Don QuiXote.
What. he asked. had the Congress of
the United States to do with the Cotton
Exchange Of Louisiana, or with the
dealings in futures Of manufactured
cotton and woolcn goods in Boston OF
New York? If the States, he said. had
become so dcbiitatcd and cmasculated
as To surrender the whole question of
police. Of policy. Of public morality to
Congress. it would not be done by his
vote. He regarded that part of the bill
as the groSSeSt uSurpatiOn ever attempt
ed in the history Of the government.
Mr.. ingalls, said that his amendment
was not intended in any manner what
ever to interfere with the bargains. pur-
chascs. sales or exchange of any prod
ucts of which the parties might be pos
scsScd. or of which they might be the
producers. or which they intended actu-
ally to deliver II was directed against
that gigantic modern invention known
as dealing i'm futures which was just
as nefarious and just as diSreputablc as
the poker table or the faro bank.
He could not conceive Of anything
more humorous, more grotcSquc, more
qualified to make the sides Of the nation
shake with laughter than to have the
Senator from Louisiana Mr.. EustiS)
and the Senator from Missouri (Mr.
NeSt) and their associates
RISE WITH TERROR
on every occasion, and plead the con-
Stitution with a stimulation Of their
minutest alteration of that sacred In
Strnmcnt. would dixie the death of
Kosciuskol. make ''freedom shrek. i j
These gentlemen had spent Il cOnsid-
cradle portion of time in endeavoring to
destroy that constitution. What the
asked was the secret Of their new
found reverence for the constitution?
Had they borne it away in the ark OF
the covenant for four years, and then
brought it back as tS.chosen guardians?
Mr.. Vest replied to Mr.. ingalls,: II
the results OF the war. he said. were to
put the entire southern people under a
ban. and outside the pale Of constitu-
tional obligation, then that senator 5
were correct and southern
senators were amcndablc to his criti-
cism. Since the arbitramcnt OF battle
had been
AGAINST THE SOUTHERN PEOPLE
there had been but one question among
honorable men. and that was whether
the South had accepted the result hon
estly and intended to abide by it. Mr..
ingalls, asked Mr.. Vest whether he be-
lieved that the constitutional position
taken by the South during the war was
right or wrong.
Mr.. Vest replied that he believed then
that IL was right and that he accepted
the result and meant honestly to abide
by the construction put upon it by the
But he did not accept the
result of that struggle. all the cOnStruc-
tionS put upon the constitution by the
Republican party, or by the Senator
from Kansas. If Senators representing
Northern States were To be under the
announced by that Senator,
they might aS well be out OF the Union.
He was under an obligation 10 obey the
but not 10 take the con-
structionS put upon it by the Senators
from Kansas. Coming down to details.
he said that hc would move to amend
the amendment of the Senator from
Kansas by making the license To deal IN
futures $4,000 instead of $1,000.
Mr.. EustiS also replied to the remarks
of Mr.. ingalls,. That Senator had init
mated that southern Senators knew
nothing about the constitution. oh,
no.'' said Mr.. ingalls,. you have been ON
both sides and You ought to understand
it,. Laughter. ,
Mr.. EuStis-Supposing to-day that !
contract To sell thousand bales OF cot
Ton ON the first of May. and that do
deliver them then. although | have not
them when make the contract. would
| he amcnable to the provisions OF this
bill?
Mr.. Ingalls-You ought not to be.
Mr.. Eustis-I assume that the Sena-
tor knows what amendment he has
offered: and say that it does apply TO
Just that case. This
AMENDMENT DOES PROHIBIT
aud sunpress the making OF contract
for future delivery, unless the party
making the contract is the actual owner
of the thing To be delivered. ii the
senator sought to correct the morals oil
the people Of Illinois: If he was to as
sumo the role Of censor morum, the
arch angel. who looked down upon and
went over the depravity Of his fellows
he CEustis) asked the Senator to leave
ont Louisiana. ,o,
Nj. Ingalls-We want TO take. hold oi
your lottery by and by.
Mr.. Taylor offered an amendment eX,
tending the provisions to stocks ana
bonds. Adopted.
Mr.. Eustis offered an amendment eN,
tending its powers to cotton prints steer
rails. boots and shoes, lead ana luiilO'T'
Adopted. .1.+
On motion of Mr.. Blair an amendment 7
was adopted including woolen goods .,li'. anu
whisky. and all kinds OF lntoNica'.nIs .Is
drinks, within the provisions Vi '"'
bill. =,
Mr.. Vest moved to increase the IL
80, fo, dealers I'm optiOus from 900