The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1907-01-03
FRAUD ORDER
ASKED
Planters Denounce
New York Cotton Exchange.
talk OF NEW CURRENCY LAW.
Ra1az 'Quarrei E4peetea On Aeeoup.
OF Die Brownsville Ineident-scrap-
books of Mr.. Chandler and Mr.. Cor
selyon n Future "Gold Mine.r
BY CHARLES ". ARTHUR.

aelyon n Future @GoId Mine.-
BY CHARLES W. ARTHUR.
Washington, Jan. 3.-[Special. Con
siderable interest has been aroused In
Washington by announcements Of the
intention OF organizations of southern
cotton growers to request the issuance
OF a fraud order against the New York
Cotton Exchange The issuance OF such
an order by the postoftice department
would mean that all mail addressed to
the exchange would be returned to the
senders marked Fraudulent and that
the mails would be closed to the big
concern in every way. The producers
OF the south's principal staple assert
that they lost upward of $4,000, 600
through the methods OF the exchange
last year, and they demand that some
thing be done. All efforts to secure
regulation OF its system of doing bust
ness through the department OF agri-
culture or through the enactment Of
laws by congress have failed, they say,
and the only way the root Of the abuse
can be reached is through the issuance
Of a fraud order. The matter has al
ready been tentatively presented to the
postofice department.
New Currency Law.
Advocates of new law to provide
a greater degree of elasticity in the
currency of the country viii commence
active work Immediately after the re-
converting of congress tomorrow
Chairman Fowler of the house com
mittee on banking and currency will
ask Speaker Cannon for time for the
consideration of the bin which was
reported by that committee shortly be-
fore adjournment for the holiday re-
cess and which follows the lines rec
commended by the conference Of bank.
ers held in Washington some weeks
ago. Representative Livingston Of
Georgia asserts that the enactment OF
an elastic currency act is Of greater
importance TO his section OF the coun-
try than revision OF the tariff, but
most southerners take the opposite
view. Victor Morawetz, chairman Of
the board OF the Atchison, Topeka and
Santa Fe railroad, has worked out q
scheme which many financlers think 10
more practical than the one recoms
mended by the bankers conference.
and II will be presented to congress
within the next two or three days.
Brownsville Case uppermost.
The matter which will excite more
interest than any other when the law.
makers get together again after their
holiday rest is the case of the negro
soldiers who were discharged without
honor by the president as result Of
the riot at Brownsville, Tex. last sum.
mer. Senator Foraker will call up his
resolution providing for an investiga.
ton OF the matter by the senate com.
mittee on military affairs and win
make q speech which Is expected to be
one Of the greatest forensic efforts Of
his public career. Relations between
the president and the Ohio senator are
strained beyond the breaking point,
and as both men have supporters
among the Republicans in the senate
many close observers of political con-
dltlons are looking forward to Wig
orous party quarrel Senator Foraker
has characterized the published storlss
Of the presidents plan regarding the
matter as silly, and as he knew that
those stories were inspired at the
| White House 1t Is obvious that he
meant to give the impression that the
plan itself Is silly. Naturally this has
had the effect of increasing the feeling
between the Ohio senator and the chief
executive. a
Political serapbeeks.
There are two political scrapbooks iM
Washington which will be worth o
gold mine to publishers some days
that is, If any publishers are ever for
tunate enough to get possession Of
them. One Is kept by ex-senator VII
liam Z. Chandler Of New Hampshire
and the other by Postmaster General
Cortelyou. Mr.. Chandler has been put
ting away clippings, presidential pa
pers. official reports, etc, for manN
years, so his collection naturally en-
tends back over a much longer period
than Mr.. Cortelyou's. Mr.. Cortelyou
started his book about ten. years aga
he Classics the things he puts in II aa
true" partly true" fake" pure
talsehood," etc. Mr.. Chandler, by the
way, has just celebrated his seventy.
first birthday, but he is much more
vigorous than many a younger man.
A Revolving Chase.
A most amusing incident occurred a
night or two ago at the most promi-
nent hotel ON Pennsylvania avenue.
The facts about It have just come out.
The principals were Representative
John Wesley Gaines OF Tennessee and
a young man who Is partly a lobbyist
and partly a publicity agent" The
young man had caused statements to
be made in some newspapers which
were very Objectionable to Mr.. Gaines,
and when the two met in the hotel the
congressman L,ade the fact known in
no uncertain terms. The publicity agent
invited him to 90 outside and settle the
matter. Mr.. Gaines promptly assent
ed AS the two started to 90 through
the revolving door into the street. how
ever. the publicity man changed his
mind. Instead OF going on out. he
claimed the protection Of the door and