. Review of reviews and world's work . ally, the specific owners of that which theyassume to dispose of. The Anti-Option bill whichhas borne Mr. Washburns name in the Senate andMr, Hatchs in the House, is a measure which in-tends to exterminate option and future tradingby subjecting it to a heavy United States tax. It ap-plies to cotton, w^heat, hops, corn, oats, rye, barley,pork, lard and bacon. It has been subjected to astrong fire of criticism in Congi-ess and outside of it;and, of course, so important and so novel a proposi-tion cannot be too thoroughh^ debated. As mattersstand, it failed
. Review of reviews and world's work . ally, the specific owners of that which theyassume to dispose of. The Anti-Option bill whichhas borne Mr. Washburns name in the Senate andMr, Hatchs in the House, is a measure which in-tends to exterminate option and future tradingby subjecting it to a heavy United States tax. It ap-plies to cotton, w^heat, hops, corn, oats, rye, barley,pork, lard and bacon. It has been subjected to astrong fire of criticism in Congi-ess and outside of it;and, of course, so important and so novel a proposi-tion cannot be too thoroughh^ debated. As mattersstand, it failed at the last moment to reach a finalvote in the Senate, the House having passed it June6 ; but Senator Washburn succeeded in having itsconsideration fixed for the opening day of the sessionnext December, and there is a strong probability thatit will become a law. The most formidable argu-ments against it are the technical ones, touching theconstitutionality of the taxing power that it there are precedents to meet those argu-. Photographed by Bell, Washington. HON. W. H. HATCH, , OF MISSOURI. ments; and the attempt to defeat the bill on thegiound that fictitious dealing in staples is somehowadvantageous to producers and to legitimate com-merce, has not showm good staying qualities. Tl eagricultural press and the various representatives ofthe producing interests, it should be added, supportthe bill with practical unanimity. It was to be ex-pected that the operators on produce exchangeswould condemn the measure. What Does the ^^^ ^^^ *^® Peoples party, vigorously asPeoples Party it has throwTi itself into the campaign,^^^ ^ has not quite succeeded in making thegeneral mass of citizens—those at least who areremote from its storm centers —understand whatare its more essential and practical tenets. Its aiTaign-ments of these degenerate times are veritable jere-miads ; but its programme of reconstruction is appre-hended only vaguely. It is a pity that the Peoplespar
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