The herald and news. [volume] (Newberry S.C.) 1903-1937, 1912-02-23
AIKEN SCORES BEARS.
CONTINUED FROM PAGE 81.

in consideration for he Southern far
mer, who contributes more to the oX-
port trad OF tie United STATE; than
half OF the rest OF his country COM
biNed, this piracy on his products
should be stopped. If the cotton eN-
changes are to be one-sided affairs,
dominated by the bears" it would be
Infinitely better to abolish them alto
+ gether. Congress should know the
facts, and, knowing them, should pass
such legislation here as will protect
the producers CT this country.
a normal price for the present crop
of cotton would have been - 1-2 cents
per pound. Much 81 it has sold as low
as s cents per pound. Owing to bear
manipulations, aided and abetted by
| the government the cotton producer
has easily lost 8 cents per pound on
the entire crop or 215,000,000; and
two-t thirds of this amount, or approx
imately s145,OOO,OoO, has been given to
foreign spinners.
Mr. Tribble: Will the gentleman
/ yield for a question?
! Mr.. Aiken of South Carolina: Ger
tainly.
Mr.. Tribble: understand the gen
tleman introduced his bill some time
ago.
| Mr.. Aiken of South Carolina: Yes.
Mr.. Tribble: Has the gentleman
been able to get the committee on
agriculture to investigate and report
his bill?
Mr.. Aiken of South Carolina: No; I
have been able to get no report at all
from the committee.
Mr.. Tribble: They had not ilvesti-
gated that so far as the gentleman
knows, so as to report that bill?
! Mr.. Aiken of South Carolina: They
have not, so far as I know. I would
willingly accord sincerity Of purpose
to the attorney general if, accepting
this horn of the dilemma, he did not
appear ridiculous in the sight of all
good citizens, interested in the well
fare of common country. Perhaps, as
a newspaper in my district tersely
puts it: He prefers the hug of the
bear to the horns of the bull" Gap
plause on the Democratic side.)
While thought the prosecution of
Brown, Hayne, and Scales was little
less than criminal, since the attorney
general has assumed the responsible
ity and given the "hears' the benefit
of the governments support, l could
see no reason why the 'bear' element,
who had robbed the producing class
| of fully S3,0O0,0O0 should not also be
prosecuted, and to that extent aid in
demoralizing their robber band. With
this idea in view, I directed a letter
to the attorney general, asking why
these men should no be prosecuted.
I have my letter to him and his re-
ply. I shall not read them, but will
ask leave to print them in the Record.
In his reply the attorney general
says if he had evidence of the exist
ence of s'bear" pool he would pro-
ceed against it, as he has proceeded
against the so-called "bull' pool.
While I can not furnish him such evl-
dence as would be conclusive IN court.
such investigation as I have made
ccnvinces me that the evidence
AGAINST the "bear'' and "bull" elements
Of the exchanges is tangible alike;
that the market can neither be boost
ed nor beared by one man (applause
on the Democratic side); that there
are men on the exchanges who oper-
ate almost exclusively on the bear
side and operate in collusion with 9TH
er 'bear'' operators; that these raids
on the market are often planned
months before the actual coup; and
that the robber band planning them
will use every possible instrumental
ity, including the government, to carry
out their damnable purposes. Ho"
many times have they had advance IN
formation of the government reports.
Who would deny that they have or
have had agents in the statistical de-
partments of this government? Now
these facts are all known to the attor-
ney general, and yet he comes up with
the prosecution of the "bull'' clique IN