Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1911-02-21
ANTICIPATION BILL
NOW BEFORE SENATE
NO Recommendation
Failure of the Committee to
Make Recommendations
Got Bill to Senate Unusual
Iy Early

WASHINGTON. d. C. Feb. 1T.-Follow
ing the action Of the interstate COM
merce committee Of the senate this morn
ing IN reporting. without recommenda-
ton. the anti-option bin. President
charles :. Barrett. Of the Farmers union.
issued a verbal warning to the farmers
OF the south against scheme to break
down the price Of cottoa- He urges the
farmers not to be discouraged or alarmed
by this effort. but TO stand steadfast by
their guns Ho assures. them that Il Is
ais opinion that the senate will pass
the bin as it came from the committee
this morning
I am reliably informed that inter
ests opposed to the anticipation bill plan
var OF retaliation on the cotton pro-
siucers Of the south II the bill passes
The senate said Presiden. Barrett -
am confident that the measure viii pass
The senate ard I want the cotton farm
ers 20 take warning and be on guard
against this. plan 20 punish them by beat
ing down the price of their staple
The antf-oDtion bill. was reported out
al sshe committee by a vote OF six 10
lfsve. Senator's Tillrnau. Clark. Newlands
81 Nebraska and Nevada, Cummins OF
Iowa. Clapp Of Minnesota. and Taylor OF
Tennessee. voted TO report the measure
Senators Fcstcr q Louisiana. Crane .:
Massachusetts,. Kean Of New Jersey. Cul-
lcn OF Illinois. aad Nixon Of Nevada,
voted against a report.
The action OF the committee today
transfers the fight 40 the floor Of the
senate. The committee adopted no recon-
incubation ard the bin takes its place on
the calendar without report
NAY EECURE VOTE
Those opposed to the bill will exert
themselves TO prevent its consideration
Al this session. while those favoring It's
adoption viu endezvor 70 bring about
vote They believe they can pass the
bilI on its merIts> IL they can succeed
in getting il I'D for consideration in the
senate
Sections T. and we're stricken BY
the committee from the house bill before
the bin was reported without recommen-
dalton.
Section provides that any agent II a
telegraph. telephone or cable COMPANY TO
whom messages relating 10 cotton nay
he offered for transmission. must re-
auire the sender 10 take an oath that
none Of the provisions OF the anti-option
law are violated by the sending Of the
message
section denies the use OF the mails
10 every hook. newspaper or other pub
hcAffon .cont1ining matter tending 10 IN
Hnce or promote gsimbling IN cotton fu-
lures or contracts
Sceflon =
1a6ee Edxaf - Farrsf. 81 Kew Or
leans. presidene OF the American Bar
association. ard NJ. II. Thompson. pres
ifent m tire New Orleans Cotton ex-
chnnee. delivered the principal argu-
merits against the anti-option bill Rep
-re<entatives of the New York Cotton ex-
change were also present. but were not
heard as the New Orleans men con-
Fxrrar made an extended argument. held
The close attention OF the committee
and illuminated clearly and forcefully
Inc view Of The opponents to the meas-
IRE lie was interrupted with pertinent
uucstions on several occasions by Sen
afors Clark. Of Arkansas; Tillman, OF
South Carolina Clapp OF Minnesota;
Foster. OF Louisiana; Cummins. Of
Iowa.
He agreed with members OF the COM
mitfee that there IS a gambling element
in future contracts. but he asserted that
the bin as passed by the house is futile.
ard its adoption would injure. rather
than help the cotton producers OF the
south. whom ne rcfersed 70 as Seif-con-
xfitufed back woods economists" who do
not really understand the economy of
the legislation they are pressing. lie
said il would b. difficult TO separate the
lpzitfma &c contracts from the nlegitimste
ard that the bin would not stop opera
fioa on The cotton exchanges. Il would
simply prevent local interior uc 1lers from
nsotectinz themselves against the iuc-
suafions or The market. DE said. and
would result In giving a few rich cot
"a the injury OF the producer
Judge Farrar never successfully got
awav from the claim OF Senators Cum.
ninz TfIlmau and others. that claim the
last analysis. hedging. Is based upon
gawhlTng- and that some one must gam
be IN order to complete the deals made
Oh The exchanges
President Thompson. OF the New Or
leans exchange. spoke briefly and empha-
sized the points made b. Judge FarTar,
declaring that the bill would only in
iure the cotton producer. In whom he is
interested as legitimate dealer. He
had no objection 10 a law 20 eliminate
the Hlegitimate practice. but the line Of
dernarcation. he said. would be hard to
md
Tie failure Of the committee to make
recommendation 10 the senate resulted
from the conviction on the part Of sew
eral members that a measure OF such
Importance should be given more coRsid-
GRAFTON than was possible. under todays
decision 20 vote. An agreement had been
flade. however. and Seniors Clark. Of
.Arkausas. AMI TiIlman. a. South Caro-
lima were IN favor OF some measure
thai would eliminate gambling from the
,leafsrxs IN cotton. Representatives OF
tie New orleans cotton exchange and
exshanges Al New York and Chicago
tr4inctl their guns upon the bill In the
hehrinz They attacked the bill as being
hurtfUl 10 the farmer and OF being i'm
possible OF enforcement so far as It's
evident purpose IS concerned
The hearing was attended By large
number OF senator's from southern states.
who arc not members Of the committee.
and a number Of southern congressmeu.
all Of whom displayed grear lnteresr m
the proceedings