The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1910-05-05
MAY UNCOVER "sHORTs."
Senator f. d. Smiths Resolution
Passes Senate.

Passes Senate.
Washington, April Ex-senator
Smiths resolution directing the at
torney general to inquire into who
sold the cotton contracts to Heane,
Brown, Scales and others went
through the senate to-day.
Efforts were made by Elkins, AL
drich and others to postpone 1t, fear
ing that time would be taken up for
discussion, but when, after speech
by Senator Smith, it was found that
only vote was wanted, it was al
lowed to come up and it was passed
without opposition.
Senator Smith made another cotton
speech in the senate, arraigning the
cotton bears as working great injury
to the country, not only to the people
of the South, he said, but to those of
the whole country. He said that al
ready Mr.. Wickersham's movement
against the alleged pool had brought
the price down cent a pound, which
he declared meant loss to the coun-
try of s4O,OO0,o00.
1.-The bear evils" he said, "are do
ing as much damage as the boil wee
wills"
Washington, April 29.-"The inves-
tigation into the purchases of cotton
which Attorney General Wickersham
is concluding has cost the American
people nearly $40,000,000."
So asserted Senator Smith, Of South
Carolina, in the senate to-day
He was making a speech in the
hope of persuading the senate to
adopt the resolution directing the at
torney general to ascertain the names
of the persons who sold the cotton to
the New York pool.
Mr.. Smith said that whereas only
$40, 100000 worth of manufactured
goods had been exported last year,
$500, 100000 worth of raw cotton had
been sent abroad. This year the cot
ton expectation, he declared, would
be about sS00,O00,O 1000.
"The attorney general is investigat-
ing the sales of spot cotton. I want
him to Investigate the sel1ers-to find
out who were engaged in trying to
put down the price. I want him to
inquire as to the gentlemen who got
together and sold the cotton without
it to sell. His investigation, 80 far
it has gone, has depressed the price
to the extent of a cent pound, to-
tai cost to the peope at large Of $40,-
900, 900. Let him extend the inquiry
so as to show the real facts"
Speaking sarcastically, Mr.. Smith
said:
IF the attorney general must con-
duct an investigation, let him investi-
gate the chief of the weather bureau
for bringing on the recent frost, and
If that is not conclusive let him go
higher and investigate Jehovah him
self for running the cotton crop of the
present season."
He went on:
"T believe, and the South believes,
that this interference at this time Is
for the specific purpose Of relieving
certain bears on the cotton market v
He declared Vaccinations on the
stock exchange were in the interest
of foreign buyers.
He said, that on account Of the
scarcity of seed, it would be impos-
sible to plant more than 65 per cent.
of the average cotton crop for the
present year.
The resolution was adopted. It d.
rects the attorney general to inquire
as to the names of the party or par
ties or corporations that sold the cot
ton alleged to have been bought by a
pool of purchasers, who are now un-
der investigation by the department
of justice" also as to the prices,
whether or not they owned the cot
ton at the time of the sale thereof;
and the price Of spot cotton In the
-.