New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-08-14
BUSINESS MEN DISGUSTED.
But THEY THANK FORTUNE THAT THE
DISGRACEFUL CHICKERING'S ARE
ABOUT OVER.
GENERAL IDENTIFICATION AT THE SURRENDER
or THE HOUSE TO THE SENATE AND THE
SUGAR TRUsT-COMPLETF; TRIUMPH OF
THE MONOPOLY 49, EFFECT on


HE IONOlpI-l 80 III FIJI ON
THE STOCK MARKET.
The disgracetul surrender by the House OF Rep
rereutatives Of It's boosted "fundamenal principles
n the Washington representative Of the Sugar
Trus-,he United states Senate-was received in
this city with feeling Of utter disgust WhLe
there were many peop.c who wera CAD 10 get the
things that something definite had been done there
was a feeling taat no matter what effect for the
better such a settlement Of the tariff question would
have the Industries OF the country, III" repre-
sentatives OF the pecpe had brought disgrace on
Themselves and had grossly mlsrepresented the
wishes Of the peop.e who a Democratic ma
jority TO Washington.
The action Of the House caucus In receding from
the position T. had taken against the Senate amend
m"nis met with no approval here. excepting as
means To end The uncertainty Of tariff LEGISLATION
business men. bankers and brokers'. professional
and others had few words Of praise for such
"A settlement of the tariff controversy.
The House had made such show OF Insisting
all along that the principles OF tho Democratic party
had been Overrilden by the Senate that It's ig
nomlnious surrender 20 everything the Senate asked
for has forced the conclusion in the banking com
munity and elsewhere that It's effort to get
what /: called tariff reform was nothing but a mock
pretencc and that like the Senate 1t has Willingly
succumhed to the Sugar Trust
Yesterday Mr.. Wilson. IN making his explanation
for voting t. accept the Senate amendments. made
the announcement that the Havemeycr Sugar Trust
had the pcop.c OF this country 10y the throat ana
that all the representatives Of the people cou'd 90
was 70 submit lie advised that the grip OF the
monster should be thrown of. but h" also ADVISED
that for the present there nothing better In
sight than the Senate bill. AMI that 1t should be
accepted Mr. Wilson Informed the House mat
the Trust which IL must give in to had. anticipating
the enactment II the Senate sugar schedule pur-
chased raw sugar worth $ll2.e0'Hl. According 70
,..tr go
the Sugar Trust will receive profits from this In
vestmenf amounting To SOcno". The action OF
the Democratic House In its surrender to the Trust
vas characterized in Wall Street an almost
laughable ending to the screerhing promises oil III"
Democratic Administration for tarin reform
INDrSTRiALs RUSH UPWARD.
That tho infamous 1911 Of Sale az ratified 10y all
factions Of the Democratic party was freght"i with
corr7Iption was best proved by yesterday uahsh'-
tons IN the stock market. Industrial shares went
uu brokers intimate with the managers OF com
binatlons and trusts created from vacunns - sap
IN, life blood Of legitimate enterprises and 3roHrfS
who acting for sI"cu!ailnE i'l,l''as ,,in,al
holders made merry YESTERDAY, ana as ~
news was received from Washington thcy ihlt'H
ble1 over zach Gtagr =? D n s,ocE OF ihr
American sugar Refining company "I'"',. ~ a, !
and closed AT l@ Al on nm ~ '' 81 and IA
lUet-. Whisky advanced from lsT J." y, The lar
tl,nal Lead from q to ~ tn" settlement Oh u'
III question in almost any way ai'ri f ,rcnce ali
of uncertainty could not h'p nuS ',arL,,, vas
stocks AMI the genera. tendency ol me NH NJ TJ
upward IN" railroad snat's LILY" e,r"nr on reas-
The Changers were corr.si"l ~ 49,, I.rs,
surlus news Of improved weather IN Inc VS. -
Tho general feeling among W aIi-Ht M, .',, :,
,,.n,,l. familiar with the demands or IN" $50
i,rtst is that that big monopoly mas FcoIe"
mos, diegrhcefu triumph and that II htS so' 800
.hinr r. easkcd Tor from the democratic Admins
trnfinn II has pat it, giant paws "Iou''' ~,
Houses all forced the two bodies 10 ayr up'.'
. ,arir XIII mat violates everything called for IN
~, form of the Democratic party i'"I ~
such a bill U.s. ~ acccptAnc" hy we I''', " %,
~. stock market. no. WITH The ii"t t.ht w anu,
81. he he
- a., iarr. lu, that 10 had definitely settled IN"
N.r,n thut might result from further dlsr"SSlnh
Tn. l,srus, feli ~ banking circles over IN M
- ros somewhat relieved ht IN" hop"S h"'
~" struggle ~ III" senators ana ".hi, re-, 80 Il
aver thn trough Of corruption whs az an enc am
,b, vns sentiment of satisfaction 'h"' VIC
tluuGcriugs were about Over
LITTLE FAITH IN THE HOUSES OH Elk
The House evidently thought that III inc eye" VI
IN. publc 4, would be forgiven FOR surre"ne''hs 10
the Senate 10y Offering to introduce H'''"