The Birmingham age-herald., 1903-12-18
COTTON MAY GO
 TO TWENTY GENTS
LIVINGSTON OF GEORGIA SAYS BY NEXT JULY HOLDERS CAN GET WHATEVER THEY ARE WILLING TO TAKE FOR IT.

Washington, December 17.-(Special.)- Representative Livingston of Georgia be- lieves cotton may go to twenty csnts be- fore the present crop is disposed of.
 'The crop is not likely to reach 965O,0OO bales of five hundred pounds each" said he today. "The fact that the crop is much under the demand has been shown to exist for two months. hence the pres- ent high price. think by March l cotton will sell for fifteen cents and by July for what those holding it are willing to take for 1t whether 1t be fifteen, eighteen or twenty cents.
 the construction of the canal, as are the republicans. He congratulated the coun- try on the possession of a senator like MT. Hoar, who, he said, was following many examples of courage. patriotism and disinterestedness in the senate, which oc cured at times when the executive by some inexcusable act had been able to involve the country in war without the consent of congress. In this connection he referred to the courage of the late Sen ator Summer when he antagonized Pres ident Grant in the San Domingo affair. MT. German said that he himself had been a witness to MT. Summers protest and that he declared his act would live in history as well as that of the present senator from Massachusetts. Taking up the question at issue. Mr. German said the facts were all that were desired and he proceeded to refer to the extension of the executive influence, saying that this influence had been extended until the senate had become practically the agent of the executive"
 He criticized the selection by the Presi- dent of commissioners from the senate to negotiate treaties He criticized also executive interference in state politics. But none of these transgressions could be compared he declared, to the action of the executive in connection with the af- fair in Panama.
 Fragrant Transmission.
 'It is." he said, the most fragrant act of transgression that has ever taken place in the history of the country, and 1t should be resisted without regard to par ty.''
 Mir. German then proceeded to criticise the speech made by Assistant Secretary Loomis before the Quill Club in New York few nights ago. He referred to the fact that the Panama treaty was at that time secret document. so far as of- ficial action was concerned. Heretofore treaties similarly situated had been re- garded as sacred by executive officials He had not so far mentioned Mr. Loomis by name but he did at this point and said MT. Loomis had discussed the Panama situation at a banquet at which perhaps many were excited by wine and had given "information which the senate had not had from the administration, or any other source.
 ''He did not" MT. German continued,
 tell the facts. but he made 1t con
 sideration that the President was a
 great and bold man with the courage
 and patriotism to land marines and
 seize part of the territory of the re-
 public of Colombia, which we were un-
 der contract to guarantee to that
 country This, in the light of the facts
 before us, is nothing less than usur-
 patton"
 MT. German then discussed the Pres ident as a second Napoeeon," which title had he said been assigned to him by some"
 "A second Napoleon indeed" he ex- claimed Had it come to this. that the United States must have "a Napoleon to shape it's destiny. and to distort the pres idential office from its proper conyic- tions?"
 Sharp colIoquy With AIdrlch.
 MT. Aldrich interrupted MT. German with a question as to whether 1t was the purpose of the reconstructed democracy to defeat the treaty.
 He added that he had not been able to gather the exact purport of Mir. German S remarks The Maryland senator retorted that he had seldom been able to make MT Aldrich understand.
 "But,' he added, "I will state the mat ter so plainly that even the senator from Rhode Island can comprehend''
 To caid that if xag not hic prartioa +1, treat questions of international matters lightly, and he believed that by the union of all the forces, inclined to protect the best interests of the country. it's honor can be saved. He agreed, he said, that