The Forrest City times., 1892-02-12
THEY ALL OBJECT.
BOARDS OF TRADE FIGHTING
 THE ANTI-OPTiON BILL.
Mir. Aidrich of. tho Chicago Board of Trade Airs Himself Before Mir.
 Hatch's Committec---Procced fin the Senate and House---A

tne senate anu House---Appointmeut
 WASHINGTON, Feb. 6 The opponents of anti-option had the floor be- fore the Committee on Agriculture and Chicago and Minneapolis men told why the bill would not benefit the farmers and would hurt the men who are en- gagged in the business of supplying the demand for grain.
 Mir. Aldrich of the Chicago Board of Trade said the board was heartily in favor of the bill so far as it resated to options as designed in the first section of the bill relating to fictitious trades. This kind of trading had always been illegal and never recognized, and the board had spent a great deal of money trying to procure the enforcement of the law of the State prohibiting gambling contracts. He admitted that there was, in such large board as that at Chica- go, considerable trading of a kind that could not be upheld. If the best mem- bers of the board could find way by which such things as "Pardridge has the market and is great short seller' could be made things of the past they would gladly do so.
 Continuing, Mir. Aldrich said if the bill under consideration were passed it would be the most disa strous thing for the farmers that could happen and would deprive them of their system of exchanges. The consumers were 55 per cent. and the producers 45 per cent. of the population and unless the consumers were prosperous and got the grain de- livered without great cost the farmer could not be prosperous. It took great deal of money to move the crops The statement had been made yesterday that more money was up in the grain exchanges in margins than would be necessary tomove all the farmers crops. It took S13s, s,OO0,000 constantly em- ployed to carry farm products thrown upon the market. There was no such amount of money up in New York, St. Louis and Chicago, where nearly all the grain business was done. It would probably be an over-estimate to say that S, 900, ,O00 was up in Chicago in margins at one time. The margin business was not a growth of eight or ten years, as had been stated. It was no new thing twenty-two years ago, when he went into business. This closed the hearing. Tomorrow the anti-optionists will have hearing.
 Democratic Tariff Plans.
 WASHINGTON, Feb. 6.--It is said that a wcll-defined plan of action has been agreed upon by those Democrats in Congress who are opposed to Mir Springer's tariff policy by which it is hoped the Ways and Means committee can be em- barrassed and compelled to report a sufficient nun Der of tariff bills to make the discussion of that subject practi- cal assault all along the line. Resolu- tions will be offered instructing this committee to report bills putting vari- ous articles on the free list. These resolutions, it is said, have been distributed, and within the next few days the House will be flooded with them, the start to be made by a resolution Mir. Fithian has in his pocket instructing the committee to report bill putting farming imple- ments upon the free list This resolu- tion also cites the statement of MT. Farquhar, of York, Pa, manufactur- CT of this class of goods, that farming implements were made in this country and sold to jobbers for ex- portation at smaller prices than the same goods bring in this country. Mir. Fithian denies that there is any concert of action in this matter, but says that he will introduce such resolution in that direction as he thinks should he presented. Whether they will pass or not he is not prepared to say. The probable result will be referred to the Committe on Ways and Means and the committee will report in it's own time.
 Doings in the Senate.
 WASHINGTON, Feb. 6. = In the ab- sence of President Morton, who has gone to New York for few days, the chair was occupied by Mir. Mander- son, president pro tenn.
 Mir. Brice introduced a bill for the erection of a monument at Put-in-Bay, Ohio, to commemorate the battle of Lake Erie ia 1913. Referred.
 Mir. Peffer offered resolution, which was agreed to, changing the day for holding special services in memory of the late Senator Plumb to Thursday, the 18th instant.
 Call Gets the Seat.
 The report of the Committee on Priv ileges and Education in the case of the Florida Senators (declaring Mir. Call entitled to the seat) was taken up for action, and the report was read closing with the sentence: "The appointment of Mir. Davidson was an act of mere which it is not necessary further to notice" After a long de- bate the resolution was agreed to without division.
 Mir. Manderson from the Committee on Military Affairs, reported bill granting to the State of Wyoming cer- tain lands in the Fort Russell Military Reservations as grounds for agricul- o-1sI.&sz-r. ard .>,,s, Cor tho ira