Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1909-06-04
BLIND STATESMAN
STARTLES SENATE
Senator Gore, of Oklahoma, Shows
What Large Earnings Cotton
and Wooden Manufacturers Ara
Now Making.

WASHINGTON, June ASTONISHING
the senate by the citation CT long list
of cotton and wooden. manufacturing
companies and giving their earnings.
capital stock, surplus, etc., Senator Gore
again, at the beginning of today's ses-
sion, undertook the task of showing that
corporations engaged in the cotton and
wooden industries are making very large
earnings.
The speech was one that no other sem
ator would have attempted without con-
slant reference to notes, but the blind
statesman from the southwest found no
difficulty in giving offhand the greatest
variety of details without the ability to
assist his memory in any way. The sem
ate had promptly begun the days busi-
ness by resuming consideration of the
cotton schedule of the tariff bill. and Mr.
Gore was the first speaker.
GROWS VERY SARCASTIC.
Referring to the cotton and wooden
manufacturers and with a rasping and
sinister tone, the Oklahoma senator said
he did not blame them for their large
earnings.
81 know they are intelligent citizens.''
he said. Judging from their business
success and, from their selection of
United States senator's
He referred in sarcastic language TO the
statement made yesterday by Senator
Lodge that some of those large earnings
resulted nom sales of real estate fortu-
nately ACQUIRED many years ago and said
that the stock of Troy Cotton and Wool
en- Co., OF Massachusetts. had been adj
vertised as earning g. per cent in 1907
without reference TO profits from real
estates bales. He suspected. he said
that the good-natured philanthropic
manufacturers did not divide their earn
ings on the square with their lahorers"
SENATOR NELSON FOLLOWS.
Senator Nelson followed. The business
interests Of the country need not be
alarmed, as their appeals to US for
prompt action on the tariff indicates, be-
cause there will be no downward re-
vision" he declared after saying the UNI
Outstanding in his state was that the tar
if would be lowered. 1ne only thing
they have to wait for he continued. lis
to see how far they can mark up their
goods. At least there will be no down
ward revision that they themselves do
not consent to-"
Sustaining the contention of Senator
Dolliver in opposition to the specific du-
ties in the cotton schedule reported by
the committee on finance, Mr. Nelson
gave extended examples OF specific in
creases and their equivalent ad valorem
rates to show that they had been placed
higher than in the Dingley law.
BEvERIDGE RAISES QUESTION.
81 have demonstrated" said Mr. Nell
son, after he had concluded his analysis
of the cotton schedule that. this bin in
creases all of these duties from 2 per
cent to more than 80 per cent over the
rates of the present Dingley law"
Senator Beverage, raising the question
of the absence of a quorum when the
Minnesota senator began to explain the
cumulative duties which he declared were
provided in the cotton schedule. Mr.. Nell
son interposed to say:
t'Oh! these high protectionists do not
care to hear me-never mind II would
do no good If they were all mustered IN
here, they would retire again"
Mr.. Nelson did not yield and in &C
cordance with the precedent established
last session, the chair did not recognize
the demand for a quorum,
SENATOR FRYE SPEAKS.
Mar. Nelson was followed by Senator.
Frye, who, citing reductions IN capital
stock made by New England cotton
manufacturers and referring to the fail
ure of some concerns to make their
business profitable at all, protested
against statements that inoFdinate
profits had been reaped by that indus
try. Six per cent, he said, was as
much' as had been made in the cotton
mills. averaging the results of long
term of years. 49,
Mr. LaFollette then entered upon
long speech in support of lower tariff
rates. Quoting from the writings or
speeches of Alexander Hamilton, James
G Blaine and others concerning the
principles of the protective tariff, the
wisconsin senator declared that he stood
WA these authorities in the course
he was taking with respect to the re-
vision of the tariff.
Il am not a radical upon the system
of protection" he declared. i am a
conservative the men who here claim the
leadership of the Republican party are
seeking to modify the system Of pro-
lection.