The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-02-24

report goes into the matter extensively to
cotton. at least. no real overproduction, but
that there has been an increasing demand
eausaiinSg, the increasing supply After After
the depressing effect of high tariff policy
on the production of cotton. the matter Of
prices unreservedly condemned as contribut-
Ing to low prices. The committee in argu-
legislate on the subject declares the bust
ness OF dealing in futures" in cotton can
only be transacted in the two exchanges In
New York and New Orleans, and that the
latter Is merely an annex to the former.
The committee concludes that the dealings
state commerce, and the power of Congress
should be exercised TO abolish them. In
Of the @oe con r. that all
engagements, customs OF trade. which arti-
ai dePress the prize Of cotton shond
that dealings in futures generally de-
press the price to a considerable extent.
to abolish them. but it is In duty bound to
do So
One-half OF the report is devoted to what,
to quote the language Of the. report. "wc
now consider that cause for the low price
Of cotton which we deem the most potent
clared that production Is suffering from
extremely low prices the result OF the APP
that as there APPEARS Se mo immedate pros
poet for the great remedy needed to raise
tain palliations which might be adopted.
One OF these is the repeal Of the duty on
c commIttee also considers impossible to
secure secure, this relief and falls back on the
their heRei money at home by raising their own
supplies and diversifying their crops and
invest the money now spent for these In
erecting cotton factories and other factories,
which, the committee says. can be made
successful in the cotton Sta es.
In the interest of Taxpayers.
WASHINGTON, Feb. 23.-The Commits
sioner of Internal Revenue to-day sent out
circular letters to all collectors of internal
revenue, calling their attention to the joint
resolution which recently passed both
houses of Congress, and received the APP
prevail of the President, extending to April
Is the time witnn which all income tax
returns shall be made This resolution was
passed at the suggestion OF Commissioners
Miller of the Internal Bureau. who in his
letter to Congress stated that the unex-
pected delay in passing the appropriation
bill for the collection OF income tax had
shortened the time that it would be
quite impossible to distribute the blanks
and receive all of the returns by March /,
the date xen II the r eTgna ih Get ane eo
the taxpayers who otherwise, through no
fault of their own, might be subject to
fine for Noncompliance with the law.
Appointments by Postmnsters.
WASHINGTON, Feb. 2s.-The privilege
or pOStInaSterS at Tree delivery OniceS IN
making temporary appointments to vacan-
cies in the force, irrespective of the civil
service board. when that board consists
of less than three names of eligibles, is
revoked by a new rule of the Postoffice
Department Heretofore the failure Of the
boards to certify at least three eligibles
permitted the postmaster to temporarily
appoint any one whom he chose. but here
after postmasters must appoint from the list
submitted or forward their objections to
the department, pending whose action they
will not be allowed to make any other APP
pointment. The question was recently the
cause OF some controversy between the de-
partment and the commission.
Oldest Temperance Organization.
WASHINGTON, Feb. 2S.-The Congress
sional Temperance Society held its annual
meeting to-day and elected officers as fol-
lows: Hon. Nelson Dingley. jr., president:
vice presidents. Senator'S William p. Frye,
of Maine and James H. Kyle, of South
Dakota; Representatives John A. Picker
Elijah A. Morse, William Ellis, Martin n
Johnson, John NJ. Allen and ex-Congress-
man j. ID. Taylor 1t was resolvSd TO hold
the sixty-first anniversary Of IRIS, the old
est temperance organization in America, to-
morrow evening at the Ne-mont-avenue
Christian Church.
Collector kenrns to BE Removed.
WASHINGTON, Feb. a3.-It can be stated
on the authority of a prominent member
of Congress who is believed 10 have the
confidence of the President. that Mr.. L. F..
kearns. tho collector OF internal revenue