Newspaper Page Text
OOTW' INQUILY =*MDD.
xe QaU .for .Ive*tgation of Oot
toAx ?xohanges--Square Del
for Cotton Producere Aiked.
Washington, Feb. %.-The house
..today passed a resolution calling on.
the sebretary of commerce and labor
through the bureau of corporations'to
investigate the causes' of the fluetua
rtions in the price of cotton and the
difference in the market price of the
various classes of cotton. The inves
tigation is to be conducted with the
particular object of ascertaining
whether or not the fluctuations in
.'the prices have resulted in whole or
in part 'from .the cl)aracter of con
tracts and deliveries thereon made on
the cotton exchanges dealing in fu
tures, or is the result of any combin
dtion or conspiracy which interferes
with or hinders commerce among
the several states akd territories or
with foreign countries.
Mr. Burleson, of Texas, in explain
ing the purpose of their resolution,
said it was to ascertain whether the
contract sold on the New York and
New Orleans Ootton exchanges brings
about a violent fluftuation in the
price of cotton and whether or not
the contract sold enables the imem
bers of the exchanges by conbina
tion among themselves to bring about
a depression by reason of the fact
that under the terms of the contract
they would be authorizod to deliver
any one of thirty grades of' otton.
Jt is claimed that the difference .be
tween the price of spots and futures
at New York at this time is more
than-$7.50 per bale, and that this dif
fdrence exerts an injurious influence
on the price paid for cotton. I
Mr. Lovering, of Massachusetts, ex
plained that the resolution was one of
simple inquiry. He said that it had
been broadly drawn and was not in
tended to be specific in any way.
"The cotton producers for thirty
years have been struggling for a
square deal in the marketing of cot
ton and cotton fabrics and have been
hindicdpped in their efforts by the
obstruction, interference and manipu
lation of the cotton exchanges,'' said
Mr. Livingston, of Georgia. "We
have begged for relief, but our ap
peals were treated with silent con
tempt. We have b'een threatened and
laughted at recently when we appeal
ed to one of the great departments
for relief. We were threatened with
suit fo- libel and imprisonment. A
square deal is all that is sought or
intended by this investigation. It is
in the interest of every cotton pro
ducer and spinner, and relates to the
marketing of the most valuable crop
produced in this country.''
He said it cost three times as much
to raise a bale of cotton to-day as it
did twelve years, ago, and he wanted
prices in proportion. .
Mr. Fitzgerald, of New York,
thought the resolution was not broad
enough~ and urged that it should be
directed to those cotton producrs
who contemlahted destruction of part
of their crop that prices might he ad
'I want those who dlesire to in
crease prices to be the subject of
investigat ionl. I would treat alike all
engaged1 in an improper effort to en
* hance prlices.'
Mr. M\eyer, of Lonisiana, speaking
in' favor of the resolution, exp)lained
that wvhile he did not altogether un
derst anmd the rea sons which' prompted
the investigation he felt that as far
as the ipiterests of the New Orleans,
cotomg exchanges were concerned,
there was no objection to the resomn
tion. lie read a telegram from Wil
liam Macon Smith, presidenit of the
New Orleans cotton exchange, as fol
''Exchange has nothing to fear
-from any investigation, 'in fact fur
ther wvelcomes such investigation.''
Mr. Meyer urged that the' growers
of cotton had benefited to the extent
of millions of dollars by maintaining
their interests in the operations of
the exchange, whose business -meth
-~ods were governed by the highest
~4principles of integrity.
Generous to a Fault.
Congressman Perkins was in the
0Mcee of a friend, a jastice .of the
peace; when a couple came in to be
married. After the ceremony the
justice accepted a modest fee, and
handed the bride an umbrella as she
Mr. Perkins looked on gravely and
asked: ''Do you always do that,
"Do whatl Marry them? Oh, yes.''
"no, I mean bestow a present upon
"A present? Why, wasn 't that her
brola?'' gasped the justice.
'ITo, it was5 mie' replied the
gressmani; sadly-Eipworth Her ald
en a woman doesn't get bad
ashe can be said thinking she is
GET IT AT
2 Oz. Bottle Red Star Whooping Cough Cure
THE BEST COUGH CURE
4 Oz. Bottle Extra'ct Lemon
3 Oz. Bottle Extract Vanilla
3 Lbs. Epson Salts
3 Lbs. Glauber Salts
3 Lbs. Copperas
2 Lbs. Bluestone
3 Lbs. Sulphur
4 Oz. Bottle Paragoric
2 Oz. Bottle Peppermint Cordial
The Best Uqutd Diarrhoea Remedy
25 Climax Diarrhoea Tablets
The Bt st Di2rj hoea Tab:et-conver. ient to carry
in veLt pocket
I Box Mennen"s Talcum Power
I Bottle Colgate's Talcum Powder
3 Boxes Lazell's Talcum 'Powder
6 Oz. Bottle Lazell's Violet Talcum Powder
Best Talc m m)de-Big Bottle
1 Quart Landreth's Valentine Beans
1 Quart Landreth's Green Pod Stringless.
6 Papers Landreth's Garden Seeds Dated 1907
6 Papers Wood's Garden Seeds Dated 1907
6 biagraph Lead Pencils-easy writer
3 Quires Extra Writing Paper.
3 Packages Extra Envelopes
24 Aluminum Pens-Don't rust
6 Cakes 0,ctagon Soap~
6 Cakes Turkish Bath Soap
3 Cakes Assorted Toilet Soap
6 Cakes Grandpa's Tar Soap
3 Cakes Ivory Soap
6 Boxes Gold Dust
1 Pachage International Stock Food
1 Package International Poultry Food
I Package Sloan's Stock Powders
I Bottle Sloan's Liniment
100 Calomel Triturates
36 Liver Pills'
i Oz. Extract Violet
i Oz. Extract Crab Apple
i Oz. Extract Carnation
i Oz. Extract White Rose
1-3 Oz. Yioletia---The Best Violet Extract
1:3 Oz. Yioletia Sachet Powder
60c lb. Chocolate Candy 39c
Prescription Work day or night. Ring Phone
No. 5 for night calls
When you want a doctor telephone your call
here. We will see that he gets it.
GILDER &' WEEKS.
Analytical View of the Co
Greatest Combination of strong Insuran
Complete Common Sense, Practical
Ready Seller for the Agent. Peop
1. Cash Weekli
abled by Ac;
2. Cash Weekl
Protection abled by Sic
8. Cash Annua
Afforded. 4. Cash payme
5. Cash Annual
turity of polk
1. Paid-U Insi
Non. 2. Extended In
on- 3. Liberal Cast
Forfeiture 4. Autoinatic E
am 5. Change of0
1. Paid-Up Per
2. Paid-Up Pa
Settlements Value (Rese
3. Both Reserv
4. Life Annuit;
, 2. Automatical
8. Policy Re-In
4. Change of B
Special 5. Policy Tran
0~- 6. Thirty Days'
Privileges 7. Mode of Pay
9. Policy (Deat
10. Cost Reduc
onnual or de
Policies Containing all of the above e:
on whole Life, limited pay or endowment
Pacific Mutual Life Insui
Call to see us.
Office over old Post Office. R
The Place to
The "Universal" Bread Maker
b-ead. Eadier-does away~ with the tiresome work of haz
uroing th anl tyre ulnate the kueading rod doe.st
iht wholesome anddeicious. Pric $2.00
IThe "Universal" Coffee Percol
The "Un!ecisraytrvesapl ag riod hopes
hoki or onngsd veto bem ,logd, nto straenth wastedi
ce Features Ever Devised.
Policy for the Insured,
le's Peerless Policy.
r Income, if Totally or Partially dis
ident (52 weeks).
Income, if Totally or Partially dis
kness (52 weeks).
i Incom'e, if Totally or Permanently
Any Cause (Ten Years).
nt, Face of Policy, upon death of in
I Income-Old age benefit after ma
irance, after thirc year.
surance, after third year.
t Loans, after second year.
xtension of Insurance, fully par
' applying reserve to payment d'f
cupation, automatically adjusted,
ing paid accordingly.
ticipating Insurance and Cash
rticipating Insurance, for entire
rve and Dividend).
e and Dividend Values in Cash.
e after first year.
ly Non-Laps g, after third year.
stated, within one year after date of
eneficiary on request of Insured.
sferable For Assignment.
Grace allowed for premium payment
ing Premiums changed on request.
of Policy into other life or endow
h Benefit) paya6le in one sum or in
DV to minimum by liberal dividend s,
ccellent features issued
plan, exclusively by the
Gen. Agt. for South Carolina.
ad that's always the same
dwater adda as te
eature. onl the whole
'e biimg pont is ached
cuse te throato h