The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-05-21
Much Dissa tisfactfon.

me cancellations. and attempts to ANGEL
-. aets' nave caused no end OF dissatisfac-
. .ioh ana severe losses Ia some cases during
me . iaktssix months. and We have had nurneI
gus requests to formulate and adopt a form,
o. contract which vii! pe uniform, and bin1.
, ,as upon an parties CONCERNED, without cues
future a committee was appointed 80, ~. ,s
!ast meeting to do this work and il viii W
n r.,,,a nave the proper attention A COM
,Hittee was appointed also TO confer viii
committee from the cotton exchanpas ~
astee' u possible. upon some eauitabie basis
ts,,y plaS'ng contracts aud assuring the actual
1erent points in the North and South n,hi.,r
you'd be great convenience for the LII
- Is 10 be hoped that something can h.
uo1e: as the present methods are uerv M
satisfactory. IN
We have had numerous requests fro,,
~ moe ana associations to cali ,neetin,
srins ways and means for combatine ,ha
annsuaa Cd sss Hingly disastrous Situation
board 81 sS$ sGsa 9s .bs but
,bs accomplished by having such - c9u.a
me tact is that there was no precadent :,
W son a.. me country could point Tor conparl.
son. and most people wanted advIca ~,
&c" 1e!t able to give II.
Contrasts Greater.
THE events of the last year h.v.
greater within themselves, and the roe. zen
nave been greater than ever perhans in a a.a
Iss s ,a sei orr IN the six months preceding
bers business was never better !, 49,, nui !.
rotunle and results. In the last six renn,t ~
ma ,s,. was never worse, both in volume
yrmi,ttar,aS ss'ae.oty results. Various ana
s tarious causes have been given yor ~ =
PANE pane, some say It was caused by nnw ...s |
sax 1sa a9n, oeth state and nationals others
IN. ,he LAY nna 100 much political Wire working
-. me purpose Of securing votes, regardIess
o. tns effect it might have upon tha sus u,sss
Al Ins country. the effects OF which caused
cal tndI 40 .as stability Of our entire anan
nrT,yp evoyot
%hleh vas intensified by the ilieeai 'an,;
* ptin y we nlethods and practices OF FEW
aecIina 4, aa ,bs other corporations which the
me surface However, there is No donb ~ :, 10
itt.as 80. ahss were made along the ahove |
they ala no, who i intentions were good, bu,
/, :. - ~ nor !ea4!ze that they We're heIninr
70, p..ns on panic until It was too iata
IN cs.ss 600 authority says II was caused
Cor ssrp- az n'sp wanted more. The
$500 ~ sssH1ep wanted more pay ana 90, a.
susethsnest employees generally wantad ~ 49, ~.
sot ~ ard i naturally followed az
have n,ope heesss!ty that everybody must
nras,,a -i.oi &C. Farmers wanted more fnr ,.n;r
Ptooucts. manufacturers mercba..s 'heiE
!1pote1s az wanted more, ana thesa con any
e,afs Continued until everybody taou saq
reused 70 pay the additional COST nna 1,i ana
y sait Gown OF their own weight. r. ss a1ues
causes o. omr SOM, some of tile, fundamental
az follows; Failure of Congress- an ne
go. en- 20 recognize the congtartiy t
,b,.> re Np!uHls OF business, and ia h,,ro
~ au93nomlc legislation into accors VIE
!, ess "el!lhg volume With volume ~ hns1
80 .uiioense!y greater than ever bafnra
~ ~ seney system OF the country has "a
untouched by Congress eifSe.t 10 % re-
matter OF tbe principles involved 49, e n me
,hg the magnitude OF 1t 10 corresro ~. PIN
the magnitude OF the Business y, Win
Geh!en that there are more ba,vs - not
uePosits. more exchange, but thers - more
re a!Aenopleat OF the law to give Ia ~ ne '
.shsS systep elasticity SO thar Il VII , CUT.
race yaries@ ana not the sltrb-ss.' LtaIy
sas oeen done TO give US even an er 49, NM tntHs
oaIsfeoc? based upon the assets az ~ e!,py
,,nr must Of necessity. always be nrors.n ns'
l'ohae to the business. p'o6os-
Industry Suffering.
,,s, Whle the volume and character 80 ~
cbbstTsss 81 lho country has been enornoousiS
.hsa,.,ts1,., our tatlH system has rernaineS
reyoint!on!zed. and yet Tie tarffs we we. oesn
named Identical since the Dnpiey az,
.n V To-Day an improved and eniarcea ,n.Sn 80
w 10 suffering severely from the ,,acas..s
y WORKING under tariff Which ~ ohss ssig
q respect 10 the rates of duty ana oSso,u,e
2 feEpsct TO the fact that there 10 ~ ,,e
q ehhnge one item except BY t,pse, III. H a
pho!e list. The manner az detern,tnirns, IL ~
= ne same to-day as In Colonial daws ~.
AIRY congresses at least made a yarv IN
itt, because the businesses covered We
10y enormous, either In variety nor o;a1-
IVY, ana the Interests TO be protectea wsr.
'oe enormous either In variety ar quantity.
! wou!d seem that we ought Ia have Z.
Eetnod o. hapdlins the tariff by which lien,
y item could be taken up ana passed ,, ,N',,
q or 49,. - ~