The Owosso times. (Owosso, Mich.) 1897-1926, 1900-06-15
Democrats Favor Trusts.
Especial Correspondence

asningtOn, june lS-Deinocratic
members of the house Of representa-
tives won victory for the trusts by de-
feating the joint resolution to amend
the constitution of the United States so
as to clothe congress with power to dis
solve corporations. associations and
partnerships organized and conducted
with view to prevent free competition,
control production and fix prices. The
vote stood 154 to 131, giving majority
of %. The affirmative vote was SO
short of the requisite two.thirds.
Despite the brave show of Indignation
and independence made by number of
democrats in caucus, only five of them
mustered enough courage to go on
record in favor of the resolution And
neither Sulzer, Rupert, Salmon nor
Lentz was among them. The five were
Messrs. Campbell, of Montana; Naphen
and Thayer, of Massachusetts; Scudder,
of New York, and Sibley, of Pennsyl-
vania. Mr.. Newlands, the Nevada
silver member, voted with the republi-
cans. Two republicans-Messrs. Loud
and McCall-voted with the democrats.
Mr.. Richardson and his popocratic
followers demonstrated their partisan
consistency in marked degree. For
two days they had been indulging in
and enjoying one of their spasms OF in
dignation and denunciation on account
of "trusts and monOpolies," and railing
against the octopus" and then they re-
corded their votes against PROPOSE
ton to give congress power to deal
with the same.
Mr.. DE Armond of Missouri, closed
the debate in opposition to the bill. and
Mr.. Littlefeld, of Maine, in favor of it.
Both Of them are members of the
judiciary committee The latter's
speech was valuable contribution to
the discussion, despite the fact that it
was marked by illusions and references
to the democratic party, which made it
unsuitable for circulation as demo.
cratic campaign document.
Representative Richardson demo.
crat), of Tennessee. following in the
wake of the democratic national chair
man, has also tried 10 edo the right
thing" by the sugar trust. He offered
joint resolution providing for the adj
mission into the United States, free of
duty, of all sugar and molasses i'm.
ported from Cuba and Porto Rico.
This would reduce the revenue of the
national treasury by about $25, 900, 900
year and make an annual gift of at
least els, 100000 of that sum to the
sugar trust which is the principal i'm
porter of sugar in the United States
While Mr.. Richardson does not go so
far as his democratic colleague, and
offer to refund to the sugar trust the
back duties that they have already paid,
still his proposition is very generous
one, and the motive that prompted it |
should be appreciated when the demo.
cratic campaign collection box reaches
the Wall street offices of the great sugar |
trust. The ways and means committee |
very properly and very promptly sat |
town upon this democratic effort to en-.
rich the sugar trust.
The house, by a vote of 273 to /,
passed the Littlefield bill, amending the
Sherman antitrust law. The only
of the house voting in the
negative was Mr.. Mann republican,, of
he First district of Illinois, which is a
part of Chicago. An amendment, Of
ered by the minority, providing that
,othing in the bill relating to trusts
should be construed as against trades
lnions, was adopted, though Mr.. Ray,
chairman of the committee on the
judiciary, made point of order against
t and eight other members of the ma
ority voted against it.
Treasury receipts of the United States
'or May amounted to e46. 166, 053 90, of
which customs contributed Oh, $780,
1898. The receipts for the current |
fiscal year amounted to S517, 558, 115 "a,
against $500, 0s9, s29 so in the preceding |
year. The expenditures for May were
b40, 35l, 523.36, and for the current |
fiscal year. s454, 21s, 49S.57, as against
b573, 100, 972.64 for the corresponding !
period of the preceding year There !
has been falling off in the item, "War
Expenditures" of nearly 100000, 900
since July /, 1899, as compared with |
the amount spent for the same purpose
in the same period of 1898. A year ago |
the deficit for eleven months was s104,-
100000. This year the surplus is $685.
834, 617 for eleven months.
The monthly statement of the public
debt shows that at the close of business,
May 81. 1900, the debt, less cash in the
treasury, amounted to 81, 122, sos, 81, a
for tho month IF 40 100 OLA