The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1894-12-08
DAY IN THE HOUSE.
Venerable Mr. Grow, Of Pennsylvania, op.
poses tho Currency Scheme Of
Secretary Carlisle.
OF FORESTS AND TIMBER THIEVES.
Further Discussion OF the Railroad Pooling
6Ill-'other News Of the National
Capital.

Washington, Dec AT the opening
OF the session of the house to-day. on
motion OF Martin. democrat, Of Indiana.
the order for a night session this even
Ing To consider private pension bills was
vacated. The committee on banking
and currency was given leave to sit
during the sessions OF the house. The
house went into committee OF the whole
to consider the presidents message.
Wilson, OF West Virginia, moved that
the committee of the whole be dis
charged from consideration Of the mes
sage, and It's various parts referred To
standing committees having jurlsdIc-
ton.
Grow, republican, OF Pennsylvania. In
accordance with the notice previously
given. addressed himself to the banking
scheme promulgated In the presidents 3
message. He said he believed the law
should remain exactly as II Is. except
that banks be allowed To deposit money
as well as bonds for circulation. and
take out SllO on every 800 in money de-
posted, and circulation up TO par value
OF bonds. State banks. he believed.
should have the same rights of issue.
with the same liability To the govern
ment, together with personal liability
OF stockholders. The motion of Wilson
was then agreed to.
In the morning hour McRae, from the
committee on public lands, called up the
Dill to protect forest reservation.
Wells. democrat, Of Wisconsin, oppo sed
the bill In every feature The attempt
to drive this bill through under whip
and spur smelled-he would say saw
ored, II he did not have such high re-
spect for the chairman OF the public
lands commlttee-of Doodle. 1t was
said the forestry association was be-
mind this bill. There was another asso-
ciatlon behind II. which had its origin
IN Maine fifty years ago, and had now
extended TO the Pacific slope. II was
an association of timber thieves and
land sharks. IL the timber thieves
We're allowed To go into the public for
est they would brlbe agents of the in
terior department and destroy them.
flne land thieves In Michigan and Wis
cohsin, he declared excitedly, had
grown rich on plunder and then bought
seats both In the house and the other.
he challenged any advocate of the bill
70 show line in II designed 10 protect
public forests.
When Wells took his seat, Chairman
Mchae Indignantly denied that there
was any land ring or association be-
hind the bill He had assumed the re-
sponslbility for the bill. and IL the gen
tleman from Wisconsin knew OF any
hidden power behind It. he would yield
tine Tor him 10 make known It's nature.
said before" replied Wells hotly,
believe In your honesty, but the gem
tleman Is green in the lumber business.
ana | believe the gentleman is being
deceived and made a tool"
Il may be green In the lumber busi-
ness, returned McRne, but / take
pride In the fact that | represent one
ot the largest timber sections OF the
country. My state, however. is not af-
tected by this bill There rs no inter-
est behind the bill save such as ought
to inspire every patriotic American
the protection OF forests from devastat-
ing fires and timber thieves"
After some further debate, I'm accord
ance with the terms of the special or
der. the railroad pooling bill was ta-
Ken up. Bartlett. democrat, of New
York, addressed the house I'm favor of
the measure. arguing I'm support of le-
gitimate and legal pooling. II is urged
that the granting Of pooling privileges
would be an enlargement Of the privi-
leges Of railways. II would simply be
restoration Of that freedom OF con-
tract to which they were entitled by
a La. J..
commerce act robbed them. The rail
way companies were entitled to con-
ruct their properties at "A fair profit.
Mr. Bynum opposed that section Of
the bill which allowed railroads TO APP
peal from decision Of the commission.
revuklng pooling orders. The commits
sion should have absolute control, II
pooling privileges were TO be permitted.
but he opposed any bill authorizing
pooling. Pooling suhverted the doc
trine Of competition and he denied the
right of the government to- Interfere
with free and fair competition. The
protection of society from eNtortion
rested on competition, and he offered
an amendment with which he wanted
To test the sense OF the house. Unless
one principle was To exist for other
corporation and one for railroads. rail-
road rates should be calculated on the
present actual value of the railroad.
The amendment was us follows. I'm
determining the reasonableness of rates,
the commission shall allow profits only
on the cost of producing roads and roll
ing stock at the present time. regard
less Of the original cost. regardless Of
the amount uf Indebtedness, and regard
less Of the amount of capital stock Is
sued, whether real or fictitious" Mr..
Bynum WAS applauded when he iin-
ished.
Mr. Northway also antagonlzed the
measure. Wise, chairman uf the inter
state commerce committee. supported
the bill. Al o'clock the house ad-
4. ,tntlI a.. ,,,nVr.us