The Caucasian. (Clinton, N.C.) 188?-1913, 1892-11-17


80 80 '"'s s@~aA ASS hsva -as ii,
i'ss 'i'hH "aa csg5 fsr aeaH -..4 \
:" :" iv' a-.sc. 5a es- s..ss
'"''y"a van she '.ser 4
e s'Nt~I .'i4r aA- =fu5 .st fEs- E.
'"''S',' 'Fas" ;s r g-
t'''""' Nia.. s,u. fs. G.4.8t-
maN's . less - tes saggH.I ssa
W.. 10 t. ceo.srsf1s. nstgry t
F" = ''N''. .'~'h. s#+s,
! . 'AtA s'sisa..... g' ARs 81
rH"i'sFed 'a sae ttEas .sl a.,aH,.e
sao"- a. sge"9 II ass -Hrta. sa 10
Ne& Foga l'sak ,aa.t> 81
'""' E'3t HnfS gf. depos.. sna re-
s,F'',. "''oaes "u al. aaH- s at
fa.ld$ : lee c,.E tsr Aaa-.~
rms . t.A lnen"s a. .se.Fts.A1A
sne. s'ne. i'l JAna-E. sas;, >44 70. sl-t-
aS'''''. ai"re ist 4annary ls0l. as
shoM1 oS tn" ,aaao'ai lartu.e.e
u, i'.ss IA" '7as'"a s.s,soa tssr
lcSn iho ma 1lt.9st rr=J- 60 tAt a.fta
!A al' heg his.-,., stan la'-r
| 'nS began, 5pna luss eH -Esa
c"nvHeta. The ds,.He tn.i. 81
manipulated d.gtiuy guri4. 44at
period bong "r.r 10 Iag ee q a-
ihg th" highest mad '.- pr
reached,
j. There an -tiua het.ca &
depletion al sarfh N utu
dealing AMI lt. 1aH III. nc Z
New i"sk.> rl.., =. IL Il q, oin
cidcucc or Is +. ~lsrcc result.
These hEurts are f4luit.s ani
startling, bat ...s. '.a.s.4 un .l, |.ta,.
and descrte tsoulhttHl rlu>acga-
ton.
Persons in :a, ssHIh auu e'.a-
where who bought futures uu { zee
gambling deals, even thu.gl 1-
suspected not the diSuuucs ue auas
10y which price, ar. made. sant uav
have thought a., ,er,tAise sil..hl aud
fair-;hcse may not he entitled ,u.
nor deserve, anv sympathy 5r uJ.-
lection.
| But is no protection due ta 3-.f iu-
tcrnal commcrcs which f. thp- pi-
| rated and dynomlised hy these ,ii.
schemes
j. no protection due 10 tn pro-
ducer, Is whose labor and sweat our
crops are made. Ia Insure h.m tge
prices ,baJ tha r--ular l4us % sgp-
ply and demanj justify
Doc. uoi he Constitution give
Conar,5, i0ji power s'to regulate
commerce with foreign nations .ad
among the several state: Art J,
See. s.
And vhon gambling scheme of
the worst order TIA. been lagraitpd
on the legitim4l. trad and commerce
of the entire hand. nr,y uemorul-
i2in- the ,allc, .. oar Staple ugo.
ducrs, j. II unt hiah time ,l usr The
Regulating" power conferred hr Jh.
| Constitution for ill., abatement,
/ When New York las soil $4,000.
900 bales or afutu:r, a. lu,cr- seat.
tered all over tie .,a.h. and el-e-
where, can II nc doubted that her
interest and desire H. t. secure low
prices before these contrasts mature.
And When they control all the
machinery Of be board. where ..fu-
| tur" prices aud made. aaa have
such strong rvasons for wanting
lower price. can it bc doubted tha;
the sellers o. al: this '1aper' cot
ton will DO. aud do eycrvh.Hy iu
| their power 10 dcprc-- pricr-s
And wac'l thrg hus have thu dis.
position and the power tp lover
prices, aud their interest all IAN that
way 10 the extent Of millions. IS it
possible that any one can indulge
such a stretch Of crcdulity as to b..
lieyc they viii not, AID do not. nur-
pcsely depres5 price:
If these gamblers ~ futures would
keep their wretched buslness 10 them
selves, away aud apart from oar. b..
gitimate trade. 1t would matter lUt
little to the general public b0~ muc 3
they deceived aud defrauded c4ca
other.
but INV Ii"'N N'' - ana 'i'+
zenly engr.fted their stupcndoHf
gambling scheme. "ith it rulnoHs
effects, on the very commerce Of the
whole land, aud interwoEen It 20 The
trade Of our great staple prodac:s.
polluting the veins and arteries of
commerce, perYerting the long estab
hshed customs Of healthy trade, re- T
yersing the great laws Of suppl. aHd
demand, and BY III thcze crimes
against the welfare Of the iaad tbeY
have hronobt their guilty ,racticea
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