The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-03-27
TRUSTS AND THE SENATE.
VEST THROWS UP HIS HANDS
AND FALLS INTO LINE.

Sham Battle-1ngalls Coolly Sneers
at the Constitution.
WASHINGTON, March 26.-In the Senate
to-day the committee on naval affairs
reported the joint resolution authorizing
She Secretary Of the Navy to remove the
naval magazine from Ellis Island and to
purchase a sic for and to erect a naval
magazine at some other point and to appro-
pri1te $4,000 for the purpose, and the
Senate proceeded to consider it. Mr.. His
cock moved to amend by appropriating the
further sum of $75, 200 to enable the Secre-
tary IF the Treasury to improve Ellis
Island for immigration purposes. The
amendment was agreed to and the Joint
resolution was passed.
Mr.. Edmunds moved ON order that from
and after Monday next the Senate shall
meet at II O'Clock in the morning. Mr..
Morgan objected to its immediate consid-
Grafton and the matter went over till to-
morrow.
THE ANTITRUST BILL.
The antitrust bill was,taken up and vari-
Gus formal amendments were made. The
amendment offered yesterday by Mr.. Stew
art TO insert the words, "or Of the value of
the money by which such cosJ may be ad-
vanced or reduced" was agreed TO, Mr..
Hoar Withdrawing his amendment to it,
which was to add the words gold or
silver"
Mr. Spooner offered an amendment to the
first section, giving courts authority, in ad
tition TO other remedies, to issue writs of
injunction prohibiting and restraining COM
binations from proceeding any further in
business except to wind up their affairs, and
he proceeded to state the grounds on which
he offered it.
TIE legal bearing end effect of the amend
ment, as well as the bill generally, were dis
cussed by Messrs. Spooner, Gray, Hoar,
Stewart, Vest, Reagan and Eustis.
VEST JOINS THE PROCESSION.
After some remarks. in reply to some
thing said by Mr.. Reagan yesterday Mr..
Vest said he would not say another word
about the constitution. He was prepared
to "join the procession 1t reminded him
Of a hunting party that made an agreement
that the first man who complained of dish
set before him in camp should cook for
week. One of them happened to kill an
old crow, and cosked it for the
mess and every one praised it as most de-
liclous morsel. The farmers alliance" was
cooking now. and no dish could he placed
on the senatorial table sthat would not be
taken with a gusto that would have de-
lighted a Parisisn Heiwould like Senator
the clause incorporated in the bill by the
ingalls, amendment imposing a tax on
dealings in options was constitutional
or not. He characterized the bill
as remarkable act Of legislative legerde-
main" 1t said to persons engaged in deal
ing in futures and options that they were
lot of criminal thieves and robbers, but that
If they would pay $1,000 into the treasury
they might go on robbing.
SHAM BATTLE.
Mr. Eusts said that he asked himself, in
looking over the bill, whether the Senate
was seriously engaged in an attempt to i'm
pair and destroy trusts, or whether it was
engaged in sham LATHE, playing the role
of Don Quixote.
What, ne asked, had the congress of the
United States to do with the cotton ex-
change Of Louisiana, or with dealings in
futures of manufactured cotton and wooden
goods in Boston, Philadelphia or New Yorka
If the states, he said, had become so debili-
tated and emasculated as to turn over the
whole question Of police, of policy and of
public morality to congress, it would not be
done by his vote. He regarded that part of
the bill as the grossesJ usurpation ever
attempted in the history of the govern
ment. Addressing Mr. ingalls,, he put this
case: ''Supposing to-day that l contract to
sell !, 200 b3les Of cotton on May l., and that
do not deliver them then, although l have
not them when make the contract, would
/ be obnoxious to the provisions of this
bill!
MIR. IngaIls-You ought rot to be-
Mr. Eustis-I assume that the senator
knows what amendment he has offered, and
! say that 1t does apply to just that case
This amendment does prohibit and suppress
the making of a contract for future deliv-
cry, unless the party making the contract is
the actual owner of the thing sold and to be
delivered.
Mr.. Pugh expressed his belief that Mr..
Ingalls, amendment was entirely out of
place and should not be Incorporated in the
bill; but it did not interfere at all with the
cotton exchange in Louisiana or anywhere
else He regarded it, however. as being as
harmless as it was useless.
INGALLS, RAPs AT THE SOUTH.
Mr.. Ingalls, said that his amendment was
not intended in any manner whatever to
interfere with bargains, purchases, or
exchange of any products of which parties
might be possessed, or of which they might
be producers, OF which they intended
actually to deliver. 1t was directed against
that gigantic modern invention known as
dealing in futures" which was just
as nefarious and just as disreputa-
pie as the poker table or faro
Dank MIR. ingalls, proceeded to make a sar-
castle political speech, directed more par
tlcuiarly against the southern senators,
whom he ridiculed for raising the question
or constitutionality. He said there had
Deen no step of progress made by the coun-
try IN che lasC thirty-tlve years which had
noC been met by similar objections. The
constitution, he said, wss perpetually
invoked by narrow aud rigid and
ihlperal constructionists as an insuperable
barrier against every effort to benefit the
condition of the people. The people of the
United States did not regard the constitu-
uon with superstition or awe. They knew
that there was something more venerable
uhan charters, more sacred than constitu-
IONS, and that was the rights and
privileges which charters and
constitutions were ordained to establish
and to maintain. Mr. Ingalls, then pro-
ceeded to argue that his amendment did not
violate the constitution in any respect, and
that there was wide difference bstween it
and a revenue measure. He affirmed that
eHe plh was, In no sense whatever, a bill
I,r raising revenue and was, therefore, not
obnoxious to the clause that all revenue
measures must originate in the House Of
Representatives.
EXTENDED TO STOCKS AND BONDS.
Mr.. Butler offered an amendment extend
ing tho provisions of the bill 10 stocks aad
ponds. This was adopted.
Mr. Ingalls, inquired whether stocks and
m ha ffaa hot tha l..