The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1894-03-10
rHE SuGAR TRUST ScANnnL.

THE SUGAR TRUST SCANDYL.
sugar trust stock. which has
g been o favorite with specu-
ors. has lately handsomely re-
rded those who had faith in
future. In fact. 1t is said that
las been long time since the
IRIS in Wall street have been
severely punished as were
,se who undertook to depress
stock of the saccharine trust.
sudden rise was as astonish-
Z, to the bear fraternity as that
the Jack in the box" to the
oy. And thereby hangs a tale.
i is a tale of scandal and IL
riches the garments OF states
N. Some of them were none
clean before, but il was sup.
sed that while at Washington,
y focus of the Nations eyes,
~ would at least be discreet.
fall comes about through that
triton of the senate committee
pich has taken upon itself the
NY OF doctoring the Wilson bill
6 that ID will satisfy the senate.
has been said that they are
ring TO change it SO that it
,uld return a revenue 10 the
vernment, but now the report
mes that while they were work
2 TO increase Uncle Sans rev.
ne they were also endeavoring
I add TO their own fortunes.
|ugar has been a disturbing Gle
cent since the beginning. The
estion has been whether to
ave it where the Mckinley bill
aced it. practically on the free
Il, or whether the committee
)uld comply with the wishes of
Q sugar trust and put on a good
lty.
The story runs that while this
lect few of Democratic senators
ere discussing this question a
intleman by the name of Have
eyer dropped down to Washing
n from New York. He is also
good Democrat, having, il is
id paid more TO elect Mr.. Cleve-
nd than any other man. Nat
ally these Democratic senator's
esired to see so important q
ember of the party. Naturally,
their ishey preferred TO see him
p l&oly, as. in addition 10
-.inn Democrat, he was
$50 president of tho sugar
ust, and II the public saw
lem hobnobbing with him they
light mistrust that the talk was
bout sugar instead OF general
olitics. So they. or at least
)me OF them, saw him quietly
nd privately. Soon after it was
hispered about that il had been
ecided to put satisfactory duty
o sugar. But even before that
imor got about the stock OF the
agar trust began TO mount the
ldder two or three rounds at a
mp. fortunes were made, by
hose who were in the secret. in
a hours time, and gossips say
nat some OF the select Demo
ratio senator's are much richer
IAN when they began the consid-
ration of the Wilson bill. Ger
linly some OF their friends are
cher by reason OF senatorial
ps, and SO Is the Havemeyer
rowd.
The rumors are many and the
roofs seem entirely sufficient &c
rake good case against the
elect Democrats of the finance
ommittee. 1t Is shame to the
Iation that even n few OF the mem
Eers OF its highest Legislative
ody should thus use their offici'
positions and information tc
iake money in Wall street. Oh
curse IL is understood that the
lead OF the administration has
TODD close TO the maelstrom OF
peculation, but it has been
oped that this would not de
loralize all branches OF tho gov
.rnment. But with spectators
axe Brice as one OF the chief
ben OF the select few on the
committee little else could be
Expected.
| Republican senators can now
,|tand of and thank their stars
That they were not permitted tc
kct on that special committee,
they have escaped a scandal
hat will cling to every man in
lolved. In this connection We
six every fair.minded reader OF
he Inter Ocean. whether Repub.
lean or Democrat, Ii he ever
tnew OF SO many suspicious
1.inuc cannacfad with the laOio.