The herald., 1897-06-29

he said, controlled almost ex clustvely
the price Of hides used by 4Americar
manufacturers of leather goods. Hides
he said, had been on the free rist sinc<
1872, and during that time the American
producers had been able not only tt
meet all foreign competition, but tc
build up valuable export trade ii
leather manufactures This market, he
said. would be threatened by the imposi.
tion of the proposed duty.
Vest of Missouri reviewed the legisla,
tion on leather and hides, and presented
a letter written by James G. Blaine te
Mr.. Mckinley when the Mckinley bill
was being framed, protesting against q
duty on hides as a slap in the face of the
South Americans, and as likely to legis-
late the Republican party out of power
The senator argued that duty on. hides
could not advance the price of cattle In
the west, as hides were only bi-rroduct
of cattle, and, moreover, the price OF
cattle was fixed absolutely, with the
power to put the price down, by the Big
-Four combination at Chicago. The
senator recalled the circumstance of the
senatorial inquiry into the beef trust, in
which he participated.
When Vest spoke of oppressive ac-
ton by Mr.. Armour to compel butchers
to use his dressed beef Allen of Ne
braska remarked that the evidence
seemed sufficient for an indictment, and
whv. then. was not something done to-
ward prose cution?
This developed a warm controversy
between He,sr and Allen as to the right
of federal prosecution for an offense
wholly withiu state lines. which at times
became rather personal.
A reference in Mr.. Smiths remarks as
to the trusts led Stewart Of Nevada to
make an extended arraignment OF the
money trust, which, he asserted, was
the worst of all trusts.
Stewart argued also that II there was
IN be a protective tariff bill all sections
should share in th.s advantages it gave.
incidentally Stewart paid tribute to
the Chicago platfor m, ana salO ne sup
ported 1t throughout.
Allen of Nebraska said that while not
an advocate of a general protective sys-
tenn. vet he concur ed with the view
that If there was to be such Dill every
section should share in the benefits 1t
gave. He spoke of the DEMENT'S Oh hioe
duty to the farmers.
The discussion branched off to the
prosecution of trusts, Allen and Hoar
discussing the law.
Hoar said that while the question OF
trusts could be dealt with to some eX-
tent by striking at their imports, as In
the law of 1894, yet he feared that the
most serious phases of the evil must pe
dealt with by the states. He showed the
technical legal meaning of the WORD
"trust," and showed the d1fnculty IN
making the sugar trust and Standard Oil
trust amenable to federal law. He re-
rarded these monopolies as a menace
TO the republic and was hopeful that
some means might be found TO check
them, yet he could not say how they
could be hit The state could limit their
amount of capital, which would be one
effective means of dealing with them.
Lindsay of Kentucky said that in the
cease of a confessed monopoly, such as
fhe sugar trust one effective means OF
dealing with it would be to extend TO 1t
no further benefits from tariff leglsla-
tion. When the point was reached IN
tariff bill where sugar was to be dealt
with. then it should be so shaped as not
to he I'm the benefit of the trust.
Hoar replied that the answer to this
was I'll at the policy seemed to be estab-
,;shed Mat revenue was to be raised on
ref;ned sugar and it was further desired
that the, business Of refining sugar shall
he done in this country rather than
abroad.
A great tiforeign government was about
the bigge st trust that could menace the
trade of the United States, Hoar as
tlo{ aff1ntlNE
remedy would be found instead OF gong
on the theory that because Jackal OF
a fox preys on our commerce it should
be given to IL foreign wolf or lion.
Caffery of. Louisiana argued that the
sugar trust was within the operation OF
the anti-tru st lay and he felt that IL
was time tn attention of the attorney
general and the United States dlstrlcp
attorneys was called to the frequent
and flagrant violations of the law by
the sugar tr ust. The senator declared
that the sugar trust was the most arro-
CANT and inic ciuitous trust in the word.
Allen. resu ming, declared that the
country was rotten with trusts, every
article we eat and use and wear being
controlled by trusts, while congress, the
judiciary and the executive authorities
are impotent and powerless to act, ac-
cording to those who argue that the
federal laws cannot reach the trusts.
He maintained that the laws are
sufficient if energetically enforced, but
that the authorities have not executed
them with zeal. The vote was then
taken on the hide paragraph as amended
by the committee, and it was agreed to.
SO to 20.
One Democrat, Rawlins of Utah, and
Messrs. Allen, Butler, Hetfeld, Jones of
Nevada, Stewart, Mantle and Teller,
voted with the Republicans in the affirm
ative. The balance of the vote was on
party lines.
The committee presented an amend
ment for the paragraph on band, bolt
ing leather, etc. il was agreed to, 80
to 10.
The glove paragraphs were then taken
up and agreed to without change from
paragraph 42S to 434. The substitute
previously agreed to by the committee
for paragraph 434 was offered by Allen
and agreed to; also, paragraph 435. This
completed the leather and glove para
graphs.
Allison proposed a substitute for par
agraph 425, relating to cattle as follows:
LESS than a year old, So a head; OH
all other cattle, if valued at not more
than $14, $3.50 a head; valued at more
than $14 and not more than $25, 25 per
cent ad valorem; valued at more than