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HEARINGS

BEFORE THE

COMMITTEE ON AGRICULTURE

DURING THE

SECOND SESSION OF THE SIXTY,FIRST CONGRESS

IN

THREE VOLUMES

Vol. L HEARINGS ON ESTIMATES OF APPROPRIATIONS FOR THE
FISCAL YEAR ENDING JUNE 30, 1911

VoL H. HEARINGS ON BILLS FOR THE PRETENTION OF "DEAL-
ING IN FUTURES" ON BOARDS OF TRADE, ETC.

VoL ILL HEARINGS ON MISCELLANEOUS BILLS

Vol. II

Sixty-first Congress, Second Session

WASHINGTON
Government Printing Office
1910

[graphic]

PREVENTION OF "DEALING IN FUTURES" ON BOARDS OF

TRADE, ETC.

Committee Ox Agriculture,

House Of Representatives,

Wednesday, February 9, WW.

The committee met at 10.30 o'clock a. m., Hon. Charles F. Scott (chairman) presiding.

The Chairman. In compliance with the order that was made by the committee at its last meeting, the object of the meeting this morning is to take up the consideration of the bill H. R. 2159 and a number of other similar measures which are known generally as the "antioption bills." A number of gentlemen are here desiring to be heard on one side or the other of this question, and it might perhaps expedite business if we could have all such gentlemen make themselves known at this time and state what credentials thev bear, if any, or whom they represent. May I ask, first, that Mr. Barrett, who is the president of the Farmers' Union, I believe, state what gentlemen are with him as representatives of that organization.

Mr. Lever. Mr. Chairman, if you will permit me just a word; this is such a very important hearing, and means so very much to the country, that I feel that the witnesses—because they are witnesses— should be put under the oath of this committee, and I therefore move you, Mr. Chairman, that you administer the ordinary oath to the witnesses.

(The question was taken and the motion was agreed to.)

The Chairman. Mr. Barrett, I am not asking you now to take the witness stand, but will you be kind enough to give to the stenographer a list of the names of the gentlemen who are here as the official representatives of your organization?

Mr. Barrett. As the representatives or spokesmen?

The Chairman. As the representatives, and they can then be presented as spokesmen afterwards.

(The names of the following gentlemen were handed to the stenographer by Mr. Barrett as representing the National Farmers' Union: Charles S. Barrett, T. J. Brooks, D. J. Neill, Dr. William Bradford, 0. F. Domblaser, H. L. Pettit, W. A. Morris, John Grady, M. B. Tap]), and S. M. Shufford.)

The Chairman. Gentlemen who are here representing organizations will please hand to the clerk of the committee their names and credentials. The only gentleman who has spoken to me is Mr. Morrow, of Memphis, and I will ask him to be kind enough to present his credentials to the clerk of the committee, and I will ask Mr. Cramp, of New York, also to do so.

Mr. Burleson. May I suggest that an announcement be made of those who are going to appear as witnesses in order that it may be

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