Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1904-12-19

INSIDE Vi thO way OASluStf6 and
speculative circle to which
is popularity ascribed much Of the
market fuctuation. 1t is an alleged
revelation of the manner in which
things are done involving millions
and the welfare of thousands of in
vestors. The articles have been
generally read, and the public was
duly agitated. Last week Mr.. Law
son came out in the big city dailies
with big advertisements warning the
public that something dreadful was
about to happen, and following it up
this week with other warnings to sell
certain stocks and securities. Wall
Street responded at once and almost
a panic Ell sued. Quotations dropped
ike lead. In spite of concerted
action by heavy interests, the ten
dency has not bsen checked, nor is
there any sign that Lawson will let up.
Congress Convenes.
TIE national Congress has reas-
senbled at Washington for the second
and final session of the Fifty eighth
Congress. 1t will adjourn before
March 4, 1905. Manyof the members
especially on the democratic side.
have not been reelected and will
probably now see the last of their
service at Washington. The meeting
of victors and vanquished after the
excitement and feeling of the politi-
cal battle have worn away was in
many instances almost touching.
Some of the defeated dem ocrats have
served in Congress many years and
won the respect and friendship of
their political rivals. This is especi-
ally true in the case of the aged
Senator Cockrell who has served in
the senate twenty years and who will
not be reelected by Missouri's new
republican legislature. In the house
there are many similar although less
prominent examples of old public
servants who were unable to stem
the republican tidal wave. Ga the
the other hand there were many
members to be congratulated AS
Vice President Elect Fairbanks en-
tered the senate he was applauded as
it's future presiding officer. Former
Attorney General Knox and former
! Governor Crane were received as the
| junior senator from Pennsylvania
and the junior senator from Massa.
| chusetts Ia the house several new
members were sworn in to fill va
caneies and among the spectators or
the floor were a host of members
| elect, who will not take their seats
until the coming session. Most O
the time Of the present session will be
taken up with the appropriation billt
and other current business; but two
important subjects will be at leas
discussed. the tariff revision and The
reduction Of the representation Of the
Southern states. There are so many
strong Influences working for anC
against tariff revision that 1t is i'm
possible to foretell just what will bt
done. Some members favor TIT
creation OF a tariff commission, other
say thai an extra session will b.
called to consider the question, anG
those who oppose tariff revision
declare that the present schedule
will not be touched. The same un
certainty holds true of the representa-
| ton of those Southern states which
have disfranchised the negro. Rep
resentative Crumpacker will doubt
less urge his famous measure and ht
will have some enthusiastic support
ers. This reduction was called for il
the platfor m and there are many who
say that it should be carried out. Rep
resentative Williams of Mississippi
the leader of the democrats, seems
much excited over the affair and pro
/ poses for the South a method O
i passive resistance which would NEAR
practically the withdrawal of the
South from participation in thu
i political affairs of the nation. Hi
| plan has not been favorably received
| even by the members of his own sec
ton of the country.