River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1892-06-09
PASSED The HOUSE.

Busy Day In the Lower Branch OF Con-
gresS-The Hatch Anticipation BIZ and
Measures Favoring the Admission of
New Mexico and Arizona as states Are
Passed.
WASHINGTON, June I'm the house
Monday after roll-call for quorum
Mr. Hatch MOI moved TO suspend the
rules and pass the anti-option bin. A
second having been ordered, Mr. Gull
berson TEX asked unanimous consent
that the debate be extended to two
hours, but thirty minutes being
allowed under the rules, and Mr..
/ Blanchard objected. Mr.. Hatch in sup
port of the measure said it would put
stop 10 the practice of dealing in farm
products not based on the ownership
Of property or on the rights derived
from the owner TO sell it for future de-
livery.
Mr.. Rainier .(Md) protested against
rushing a bill of this Importance
through under 4 suspension of rules 1t
was one of the most dangerous meas
ures that had ever made its appearance
in this body. Ii destroyed every con-
ceptiOn of state sovereignty, and would,
carried to its logical conclusion, break
down the distinctions between the fed
eral end state governments.
Mr. Castle Mimi thought the bill
should be entitled "a bill to depress
the value of all products raised by the
| farmers"
Mr.. Patterson CTenn.) regarded it as
an abuse of the taxing power. Mr.. Tay-
Tor (Illl }, Mr.. Harter tO.l and Mr.. Stout
| Mich. opposed the bill.
Mr.. Henderson Qa.) declared that
this was battle between the great
money centers and the great mass of
/ producers. This same conflict about
/ the constitution had been fought
over the oleomargarine bill and
the question had been settled.
The bill provided for revenue
with incidental protection, and that
was broad enough for all Congress
had stricken dow n the Louisiana lot
terry, whose victims were voluntary.
/ Would it refuse to strike down the
/ greater evil, whose victims were in
voluntary and who protested against
1 the crime?
The motion was agreed to-yeas. IFS;
nays, 46-and accordingly the bill was
passed.
/ The first two sections of the bill de-
4 fine options" and futures" the third
names, as the articles to which
/ they shall relate, cotton, hops,
wheat, corn. oats, rye, barley, grass
/ seed, faxseed, pork and other edi-
i BILE products of SWINE" and the
/ fourth imposes a license of $1,000 on
dealers in options and futures and a
{ tax of five cents on each pound of cot
ton. hops, pork lard, bacon and other
/ edible products of swine, and twenty
cents a bushel on each bushel of the
other articles which are the subject of
/ any "options" or future" contract
which such dealer or vender shall make,
either in his own behalf or in behalf of
others.
Mr.. Bryan (Neb.) moved to suspend
the rules and pass bill appropriating
/ $50, 600 for a pedestal for monument to
Gen. w. I. Sherman. The bill passed
La to 80.
Mr.. Washington (Tenn.) moved a
suspension of the rules and the passage
of a bill admitting the territory of
| New Mexico into the sisterhood
of states. Mr. Perkins Qa.) de-
manded a second The second
having been ordered the bill was
passed-167 to 3-amid loud applause.
The applause was renewed when Mr..
Smith "a. IT, moved to suspend the
rules and pass the bill admitting Ari-
IONA to statehood. The bill was passed
yeas, ia; nays, H.
Mr.. McMillin (Tenn.) introduced a
concurrent resolution for the final adj
| journment of congress on Monday, July
/ 4, at o'clock. Referred. The house
/ then adjourned.