The Bourbon news. [volume] (Paris, Ky.) 1895-19??, 1908-04-10
FROM OUR WASHINGTON MAN.


WASHINGTON, April T. However
the people of the country at large may
regard the Democratic filibuster that
was inaugurated in the House last
week, 1t has certainly furnished not
little amusement to many members of
both parties and to the thousands OF
visitors who at present throng the
Capital City and occupy all available
space IN the numerous hotels and moro
numerous boarding houses. Just at
this season Washington always is the
mecca Tor high school and seminary
junkets. but this year these excursions
nave been especially frequelt and ex-
tended. and every incoming train
seems TO bring another party. The
White House and Capitol usually from
the magnetic centsrs, leaving the many
other points of interest to mere side
trips. But the lively skirnishing
that has been taking place in the
House during the last week or so has
served to attract and hold nearly all.
that IS, all who could gain admission to
the crowded galleries. while the others
have stood in line in the corridors and
waited their turn. When Minority
Leader Williams compared Congress-
er, with Honest John FalStaff the
other day, the members on both sides
were much affected while the galleries
INDUCED in uproarious laughter. but
the witty MissiSsippian literally
brought down the house, when ne
resorted to rhyme and decalred that the
action of the Republicans in desiring
to put off all contructive legislation
until after the Presidential election
reminded him of verse his samll son
had found at school and brought home
When | asked my girl to marry me,
she said,
GO to father
She knew that knew her father was
dead;
She knew that knew what life he
had led;
She knew that | knew what she meant
when she said:
GO to Father"
Mr.. Williams asserted that there are
many Republicans living in tariff revi-
sion district who want tariff revision,
but declared they do not want it refus-
ed by being told to go to Father"
An investigation has been made by
Herbert Knox Smith, Commissioner
of Corporations in the Federal Depart
ment Of Commerce and Labor, of the
bills winch have been introduced in
Congress .aimed at the prevention
of dealing in farm products for future
delivery, and he has decided unofficial
ly that these features" are neither
prenicious nor harmful to the COM
munlty. As matter of fact evrey
merchant in the country is dealing in
futures all the time. Frequently the
government makes contracts for sup
plies with merchants who have not the
goods on hand and who must arrange
to get possession of them before they
can deliver them. The principle is ex-
actly theksame as obtains in the cotton
and grain exchanges of New York
and Chicago. The operator at Chi
cago. for example, agreese to deliver a
certain quantity of grain within p
specified time. He has no grain in his
possession. 1t is growing. When the
time arrives for delivery he must
observe his. agreement, and he ex-
change sees 20 it that delivery is
made. Future needs for consumption
are thus provided for without glutting
the market after harvest. The
agrarian party of Germany believed
the effect of prohibition of futures
would be to make prices for grain
more stable. 1t has had a directly
contrary effect. In some of our Town
Southern States the "anti-future"
laws have stoppedfthe. dissemination Of
quotations. The farmer consequently
is unable to obtain any information,
and large operators who get quotations
through their. agents cotton or wheat
at prices lower than those ruling on
the exchange.