The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-03-03

BUCKET SHOP BILL
WINS ON ITS WAY
Passed GAUNTLET of Sen
ate Committee.
A LIVELY SESSION
A PortIy Gentleman Catches an Ora
torical Point in an Indignant Eye.
Report Of Futures Discus
sion." Other Bills Before
Committee.
SENATE JUDICIARY

SENATE JUDICIARY g.. c.. &
After a full argument which was al
times of heated at others of a hui
morous and again a technical char
acter. the Woodland bucket shop" bill
was reported favorably by the Senate
Judiciary Committee yesterday after.
noon. the vote on the measure being
seven TO five.
There were in attendance a numbeI
OF prominent business men chiefly
from Meeklenburg county, Raleigh
cotton men, members OF the Geneiai
Assembly OF both branches.
There were several speeches III OPP
position to the bill and but one extend
ed speech in it's favor, although Col. j.
X. Webster, of Reidsyille, gave prlei
testimony as to the good effect OF q
similar bill passed locally for his
county.
Il. c. Guthrie, Esq, of Charlotte.
opened the ball for the opponents OF
the bin By saying that he appeared rs
the representative Of business men,
mill men and the reputable exchange
houses affected by the bill. There was
some discussion as to time, II DeinS
first suggested that ten minutes 10 a
side would be sufficient. but Mr.. Z. M,
Busbee and others protested, Mr.. BUS
bee declaring that the proposed meas
ure. was so drastic in its terms as TO
seriously affect the commercial inter-
csts of the State, and that it deserved
the most serious consideration. 1t
was finally agreed that the discussion
should end with half an hour Tor q
side, but this was afterwards not con-
sidered by the committee, both MIR.
Woodland and his opponents exceed
ing that limit.
Spider Webs" Says Woodard-
Senator Duls. of Charlotte. then in
troduced an amendment, which in eff
feet exempted from the provisions OF
the bill such houses or their repre-
sentatives as own seats on either the
stock, produce or cotton exchanges of
New York, Chicago or New Orleans.
providing that they paid the license
prescribed by the revenue act.
Mr.. Woodland. in opening, stated
that he opposed the amendment be.
cause it would render the bill worth
less. Mr. Busbee had stated that he
thought the drastic terms OF the bill
were such as to render argument uu-
Necessary, Mr.. Woodland pointed out
that the act Of 1889 covered
the whole matter and was no more
drastic III its terms than his own With
the exception that it was defective in
the machinery provided for enforcing
it. il man played in q faro game he
could not escape under the law from
testifyinS aSaiast the man who ran
the bank simply because he had par
ticipated in the gambling. since the
law expressly pardoncd him of his
crime when he was used as q witness.
The only thing his bill did, he de-
clarcd, was TO provide a means of en-
forcing the existing law. He stated
that the opponents of the bill had APP
peared before the House committee.
hut that the Duls amendment was the
first time that lie had known them to
insist upon or suggest the repeal Of
the law of 1883. AS to exchange
houses. he asked what would be the
effect if fifteen men in Raleigh were
10 get together and pooh their faro
hanks and call themselves an ex-
change?
Mir. Eusbee: do you compare the
New York Stock Exchange, where the
commerce Cf the country is carried
on. to a faro bank?"
''Tcs." replied Mr.. Woodland. 'be
cause / have often seen in the papers
that two million shares OF stock We're
sold on the cotton exchange in one