Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1892-12-14


but tho price Of "middlne" being asccr-
tanned, the relative prices Of all other
grades, thirty Ia number, were hxcd
by sliding scale established by the
revision committee which mot only oncn
a month, That quotations for spot
sales We're made where no sales were
made and also as 10 sRica for future de-
livery, n other words, prices were hNcd
In the New York cotton exchange with
out rcfcrcnce 20 transactions aud New
York. he said dominated aud controlled
every cotton market not only IN tho
United States, but sometimes In the
world, who, he asked had given the
New York cotton exchange authority g
in prlccs for the cotton OF Mississippi
Arkansas ard other stately They had
no such authority and their action was
but an impudont usurpnuon. As 70
New Orleans and New York cotton cx-
he said, Of fuctora. bnnlScra, brokers
and steamboat owners. but not actunl
planters, except In cases wherr they
CARRIED on other business, rcsidlre in
New Orleans New York. Galveston aud
Memphis, and owning cotton plantations,
some Of them, ~ many aa thirty,
Without finishing his argument, George
called motion for executive session,
aud soon afterwards the senate i'd
journvd.
aNhlNNE iUt hlllN lNlfONNttu ana IT.
forred, were the following,
Ry Gallingcr for suspension Of I'M
migration under certain circumstances,
by Potter to facilitate promotions In
the navy.
by Mitchell. to nroyldc for an annual
encampment OF militia at the Worlds
ny collum. to amend tho Interstate
| commerce law.
by Vest, 20 extend the iurludic,iou Of
| courts In Oklahoma TCrritory and of
/ the United States court ond Indian Ter
! ritory.
WANT POOLING IEGALiZED.
! Washington, Dec. 1A-irhc recent do
/ ciAon OF the courts In matters relating
to the Interstate commerce law have
tended to create the impression that
the ontiro system u In danger Of being
undermined aud the Interstate CONF
mission itself rendered inefficient unlesa
congress shall take steps ~ strengthen
Il hy legislation which viii be sustained
rs constitutional, That viii undoubtedly
be- u very difficult problem, as the lcglr.
lntiOu already enacted which has been
declared Unconstitutional by several
United States judgos,was Doomed the moa
eminent constitutional lawyers 10 congress-
at the time u was enacted TO be entirely
ID the power Of congress md within tho
Limitations OF the constitution, Tho de-
] AANlNN W Nit NnAltu NMAAff FNlNNNM
court In the baltimore party case, which
seems 60 give any rnilrond authority
20 make such rates for transportation as
II nlrasra, followed by tho decision OF
lusuce Brewer us 70 the long and short
haul clause and the more recent declH-
ion Of the United States Judge In Wyom-
INK, all have tended 20 create the greatest
confusion Ia the mlnda ni c0nWcssmon
. aud Of the mOmhOra Of tho Interstate
( commerce commission, On the other
d hand, they have given very great cont
denco 10 tho railroads, which have nl'
4 ready begun TO regard tho Interstate
! commerce commission without important
, functions aud without any power OF
I authority 10 enforce It's recommendations
\ The most important event which the
= railroads are likely 20 make this wlnirl
o horc with respect to the law Ia 90 SECURE
b an amendment 90 The net which shall
. authorize pooling Senator Cullom, Tho
y chairman Of the committee on lniNr
y Ntute commerce, hns received nuiicl
;. that an application has been heard Tor
4 hearing before his committee on iil
II pnri Of tho railroads In support 81
" proposition 10 logallEe pooling. Such
" proposition In the enrly dnya nf The law
Q aud Of he interpretation could not for
moment have been considered. Ih
q motive cnnse Of tho law Itself was vi
Y much Of a dcslro on the part Of IT, pro
h motors to absolutely prevent pooling nj
y TINT the courts have come 20 the MD o
Il the companies In very many Instances
D. and tho Interstate commerce commission
J. aud the courts together seem poworles
~ To prevent what practically ig the aystHn
II [ Of pooling. The question which VII
II present itaelf TO those mombcrg " ia
u Interstate commerce commission who ar
" opposed 10 pooling on principle will b
D. whether or not Il will DO better so cot
a, slider the situation ny j la and not q
II it ought 10 be, md whether tho Interest
" Of the people cnnnot be better protectn
10 by lerbllziug Home nyHicm Of ppolin
d by which the interests Of the shipper
he can ho protected than by permitting "a
u present ayRtom 10 continue under wlic
IL the shippers arc absolutely az ihe mere
" the railroads. aud which neither q
10 interstate commerce commission nor III
h- courts seem able TO Abolish or 70 reg
10 Innsmurh 40 the railroad compani'
rs come forward With a proposition Of the
u own. tho inference " that the conten
OF plated amendment TO The law WIZ be
such nature TINT II cnncted tho raj
70 road companies viii abide by Il.
or HILL AND SILVER.
Washington, Dec 49,. Senator hin
u. Wesiarn friends who remember how
~ WIS parndpd hs o friend on tho Hily'
dollar previous 20 the Democratic conye
ion. arr somewhat taken back by j
intost performances Tho net that capsi
n. no setback II bis Introduction In Y
VI acnatn. last week. Of bill 70 put a IT.
y. 10 the purchase of silver Tho text
~ tho bill Is ne fOllowai
w ,,Iie Il enacted. otc., That tho act
NJ July IL, 1880, directing the purchase
Il. silver bullion and The ISSUE Of trcnau
re notes thereon aud for other purposes
~, with tho exception Of the hftli and hx
~ sections thereof, hereby repealed.
y. When questioned ID regard 10 his ,
In SIR, Hin anidi AL ! care "a ssy r. 90