Idaho County free press. [volume] (Grangeville, Idaho Territory) 1886-current, 1894-12-14
POOLING BILL IN TIE HOUSE.
Arguments for and Against "a Measure of
Great Importance

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POOLING BILL IN TIE HOUSE.
Arguments for and Against a Measure of
Great Importance
| Washington, Dec. 7.--.At the opening
session in the house today, on motion
| OF Mr.. Martin, the order for a session
TINS evening to consider private pension
DIS was vacated. The committee on
banking and currency was given leave
| TO SIT during sessions of the house The
| house went into committee of the whole
| TO consider the presidents message.
Mr.. wilson of Virginia moved that the
| committee of the whole be discharged
| from consideration of the message, and
It's various parts referred to the stand
ing committees having Jurisdiction.
Mr.. Grow of Pennsylvania, in accord
ance with notice previously given.
addressed himself to the banking
scheme promulgated in the presidents
message He said he believed the law
should remain exactly as it was, except
that banks be allowed to deposit money
as well as bonds for circulation, and
take out $40 on every 800 in money
deposited, and bring the circulation up
to par value of bonds. State banks. he
believed. should have the same rights of
| 'S'oN WIN cs'i'iN W TIE govern
ment. together with personal liability
of stockholders. The motion of Mr..
Wilson was then agreed to.
In the morning hour McRae from the
committee on public lands called up the
bill to protect forest reservations Mr..
Wells of Wisconsin opposed the bill in
every feature The attempt to drive
this bill through under whip and spur
smelled ,he would say savored If he did
not nave SUCH high respect for the
chairman OF the pubic lands committee)
Vi oooule' 1T was SAID the forestry as
s"ciatl"h was behind the bill. There
was ahother association behind II.
"n,on iau It's origin III Maine years ago.
anu nau now eNteiiueu 10 the racine
s,ope' ~ was an association Oh tmDer
.,i ,.S ''i. an, "''"' no - tue ,i'iipei
',,,,e 80, ",io"eu !" go ',i'o me
',, ~ ~" - "o.iu o'ioe 'ie
-. nv. POI 'i'c'' anu
,ti1,t. 80, I,1,- Pm. .''ii.' nv y,
axo,ta7u,, ~, -. 80, " ,., ~
and ,ha, h,,,,,r,,t 90 -, =, ~ -.
49,, To- ~, - n ,, -
od,ocota a, N. rim 90 .ho,,, % IL -,
II designed to nrotac, ,ha n,,i,,i, ,arast,
when wells tool, his COO, Chair,,,a,,
McRaa irdien,ntly dariad tbot tha,.a
was anv land ring ar assooiatior NO
hind the hill He had assumed resnon-
sibilitv for the hill and ~ the gentle
man from Wisconsin knew of any hid
den power behind IL he would Weld time
for him to make known its nature
II said before" replied Mr.. Wells
hotly. that | believe in your honesty.
but the gentleman is green in the lum-
Der business and / believe the gentle
man is being deceived and made a
tool"
Il NAV be green in the lumber busi
ness" returned Mr.. McRae "but I take
pride in the fact that | represent one
of the largest timber sections of the
| country. NV state. however. is not af-
: fected by this bill There is no interest
behind this bill save such as ought tn
inspire every patriotic American for
the protection of forests from devas-
: tating fires and timber thieves"
After some further debate by Messrs
; Wilson of Washington. Pickler of North
Dakota, and Coffin of wyoming. the
! morning hour expired and in accord
ance with the terms of the special order
the railroad pooling bill was taken IN
Mr.. Bartlett of New York addressed the
house in favor of the measure. arguing
in support of legitimate and legal pool-
ing 1t was urged that the granting
of pooling privileges would be the en-
largement of the privileges of RAILWAYS
, 1t would simply be a restoration of that
, freedom of contract to which they were
, entitled by common law before the in
, terstate commerce act robbed them.
, The railway companies were entitled to
conduct their properties at fair profit
! Mr.. Bryan opposed that section of the
, bill which allowed pooling orders The
. commission should have absolute con-
troll if pooling privileges We're to be per-
izing pooling. Pooling subverted the
doctrine of competition and he denied