The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1894-03-10
SUGAR SENATOR'S
Text of the Resolution Intro
duced by Pefer.
The Stories Have Been Given
Wide Circulation,
SAYS SENATOR PETER
The Senate Bound to Look Into
the Matter.
Effect of the Resolution in Wall
Street.
SAYS SENATOR PEFFER

WAsHINeroS. March 1O-The follow
ing IS the text Of the resolution intro
duced in the senate by Senator Peffer Of
Kansas to Investigate the rumors and al-
Legations regarding the tariff
Whereas. 1t is charged in many of the
most influential and widely circulated
newspapers of the country and from
them copied into the rural press thaf
some one OF more members Of This body
were actively participating in recent
transactions on the New s ork stock ex-
change, relating to the purchasing and
selling Of shares of stock in an 0rganiza-
ton known as the sugar trust, and,
M hereas, At Is alleged in said newspa
pers and IT is being So copied III the rural
press that the said mem bers of THIS body
In their own personal interest and for
their own selfish purposes made use of
knowledge and information procured
through and by their official relations as
senators TO influence prices of shares in
the sugar trust of the stock exchange In
the transactions aforesaid and
rs hereas. Tt is alleged further in the
manner before mentioned and IS being
so circulated among the people. that the
said senators did by reasons of the trans
actions above referred to and their con
nection Herewith, acquire large gains
and profits; and
Whereas, The gravity of these charges
and allegations is sufficient TO require
that they be fully. imparfially and
promptly investigated to che end and
that the truth concerning them De as-
certained and made known and the honor
and dignity Of the senate be preserved
therefore be it
Resolved, That a select committee of
1--WE members Of the senate be appointed
1y The presiding officer whose duty it
shall be TO proceed without unnecessary
delay u make a thorough investigation
OF said charges and all of them
and report the testimony and
evidence with their conclusions thereof
at as early q date as practicable. The
said committee or committee thereof shah
have power TO administer oaths and per-
form ali other duties usually entrusted f5
committees of like character ana to en-
ploy clerk, a messenger and stenograph-
er The meetings Of said committee
shall be held in one Of the committee
rooms of the capitol building ID
in some other suitable room in
building belonging to the govern
ment to be set apart tempora-
rIlv for this purpose, and properly sup
clnvenIences Dy the sergeant at-arnss
that in case the committee shall be of the
opinion that it would be condu-
GIVE to 2 more complete ana salts
factory examination Of any relevant or
material matter connected with the trans
grown, that the fun committee. or a sub
committee thereof. should visit the city
of New = ork. The necessary expenses
Of said committee shall be paid out of
the contingent fund Of the senate on the
usual voucher
now THEY FEEL TN WALL STREET
over the Launching of 1Ir. Feheras Hes-
olutlon ia tfe Senate.
NEW YORK., March Nothing more
interesting has come to Wall street ia
many wears than the Information from
Washington today that Senator William
Alfred PETER, the Populist senator from
Topeka had introduced resolution in
the senate calling for the appointment of
a select committee to investigate the
stories that certain senators had made
use of knowledge gained as senators for
dealing III stocks notably in sugar trust
certificates.
There were two interpretations put
upon 3Ir. PETERS action. 1t VIII be re-
called that the senate subcommittee
having charge Of the sugar and other
schedules was composed of Senator john
M artin. Of Topeka, Dir PETER colleague,
Louis. and Senator Roger q. Mills of
Texas
Mr PETERS resolution was believed %
be a drive at the members Of this sub
committee and their friends, and IL vas
also the opinion that 4Ir PETER would
not feel discourage If he obtained lit
tie political capital ia Kansas. il turned
out. though. by later dispatches that he
had no personal knowledge that amy Of
the senators had lined their pockets by
speculation iu sugar certificates