The Washington times., 1909-01-26
SENATOR JEFF DAVIS
FLAWS "PLUTOCRATS"
Arkansas Statesman Speaks in Support Of His Bill TO Sup
press Dealing in Futures Revolution Unless
Congress Lifts Burdens of the People.

ing the field OF legislation that have
laid these grievous burdens upon s ia
backs of the crowd working the Hslu
of human endeaVor. 1,,
Senator Davis said the people OF Ine
South made but q simple request nc
passage or a law that viii protect tHT
products of our soil; law JnaL " IN, u.
stay the ruthless hand OF the 6aiillttSL
and give 90 the men and women Oh tu99
South a just return for their laoof anu
toll
Explains His Bill.
Senator Davis devoted the first part 81
his speech to an explanation OF lile
features OF his bill which is INTENDED
to prevent gambling in the fruits OF
humau industry, the fruits OF hoiiesI
toll" He explained that the bill pro
videJ that in any interstate or inter-
national transaction It shall be unlaWIul
to use tie mails or the telegraph or the
telephone system for the purpose ~
COW eying gambling propositions De
tween buyer and seller.
The New York Cotton Exchange was
bitterly scored as an olgarchy OF
wealth built no by gamblers wFun6
from the very hearts blood OF IIlG peg
uIe Of the SOutn." The New YORK. oJOct
Exchange was also attacked, ana ll'
history, its origin, and membership
Davis declared that thirteen Of the
members OF he New York stock fSN-
change beginning with john -. EtothS-
teller were credited with the fabulous
wealth of S,35J,O50,bp. as eSIlliiaLCL - -
the table of the dtty-one pldtocIdIs
heretofore enumerated by me. In an
he said. the membership owned anon,
| sl5, 600, 100000, or about One-seFenth OF Iht
! wealth of the United states
"Bucektshop BettOrs."
/ These" said the speaker with indis
nation. are the millionaire gamblers
the colossal bucketshop bettors OF tht
/ exchanges. who are ,aUded to the skies
/ nv subsidized lite men, while the
little nigeer SHOOTING .raps is picked M
and sent to jail"
| He asserted that ffty-one .'plut1-
/ Gratis owned 3 per cent Of the ma
! tion's wealth, and 4,05l owned Ssl2 pei
"bh. MT President he continued
/ when Will this crowd of coFnoTahts
/ this crowd of avaric.oI5 thieves aii'
/ gamblers reach out LuelT iOIfs boil1
/ fneers to grasp the remaining l118 pc
/ cent OF the wealth OF this nauotE JUS
when they feel SO secure in their Pc
sition that they think the america
/ DeopIe will stand it. Alb Mr.. Presi
dent IL would seem that this should
/ have satisfied this crowd working th'
/ field of legislation; but not So Ihe!
again return To the tEoFernmieht 4 4liS.
shaving grown strong and bold, on JUL
70 1897, they demand Of the Govern
( ment that they be permitted TO Ia
Z every article consumed by the GROVE
7 working the deld or human endeavor.
J Populace Burdened.
In my imagination I can hear IT,
/ Government say that already thi
crowd is laden with burdens grievou
to be borne. and If further burdens ar
placed upon them upon them il must b
So disguised that they viii not under
stand IL. that they viii not appreclat
| IT. This crowd of deSDOIleTS WOTktu
the field of legislation reply: Let US s.
sugar coat IL. SO capsule il as that the
will not understand it. We VIII plac
q tax ostensibly only upon foreign
made articles brought into this cOuutT
for consumption. Certainly no ObJec
ton can be raised to this, and we wi
do this under the guise and sDeCiOu
ureteEt that il is for the purpose O
protecting American labor employed d
the factories of the East and North
The Dingley bill was passed tax va
I laid upon the consumers of the ldnt
upon the tOllers. upon the shoulders q
. ! the men who are the foundation an
I support Of the Government itself,
Predicts Revolution.
Mr.. President. pause for the pun
D. pose OF saying that If the TAX OF th
2 | people Of this Government. paid not 70
. 1.-The purpose Of revenue. but TO enric
the Golfers of this crowd that work tn
field of legislation, were paid directly
, like our State and county taxes ar
paid TO the sheriffs. the American pee
o. Ule would not stand If for tWenJy-fOL
- / hours. There would be such a revolt
( ton in this country as would shake
Il from center to circumference"
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