Dealings in "options" and "futures": Protests, Memorials and Arguments Against Bills Introduced in the Fifty-second Congress

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L.H. Biglow, 1892 - 135 halaman

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Halaman 117 - If, therefore, a statute purporting to have been enacted to protect the public health, the public morals, or the public safety, has no real or substantial relation to those objects, or is a palpable invasion of rights secured by the fundamental law, it is the duty of the courts to so adjudge, and thereby give effect to the Constitution.
Halaman 22 - Either party to have the right to call for a margin, as the variations of the Market for like deliveries may warrant, and which margin shall be kept good. This Contract is made in view of, and in all respects subject to the By-Laws...
Halaman 22 - The cotton to be of any grade from Good Ordinary to Fair inclusive, and if Stained, not below Low Middling (New York Cotton Exchange Inspection and classification) at the price of ......... cents per pound for Middling, with additions or deductions for other grades, according to the rates of the New York Cotton Exchange, existing on the afternoon of the day previous to the date of the Transferable Notice of del1very.
Halaman 120 - Whereas there has been introduced in the Senate of the United States a bill providing for the operation of transportation systems while under Federal control (S.
Halaman 60 - A bill defining options and futures and imposing special taxes on dealers therein, and for other purposes, or to enact some other law and at the earliest possible date whereby the practice of selling farm products by persons who do not own the same, and commonly known as short selling...
Halaman 21 - Coffee shall be recognized, acknowledged, or enforced by the Exchange or any Committee or Officer thereof, unless both parties thereto shall be members of the New York...
Halaman 21 - All contracts for the future delivery of cotton shall be binding upon members and of full force and effect until the quantity and qualities of cotton specified in such contracts shall have been delivered and the price specified in such contracts shall have been paid. Nor shall any contract be entered into with any stipulation or understanding between the parties, at the time of making such contract, that the terms of such contract...
Halaman 117 - The courts are not bound by mere forms, nor are they to be misled by mere pretenses. They are at liberty — indeed, are under a solemn duty — to look at the substance of things, whenever they enter upon the inquiry whether the legislature has transcended the limits of its authority.
Halaman 119 - THE CHAMBER OF COMMERCE OF THE STATE OF NEW YORK. " Meeting of Thursday, March 3, 1892. "The committee on internal trade and improvements, to whose attention was brought a request from the New York Cotton Exchange to join in a protest against three bills which have been recently presented to Congress, viz: House bill No. 2699, by Mr. Hatch, of Missouri; Senate bill No. 685, by Mr. Washburn; and Senate bill No. 1268, by Mr. Peffer, reported as follows through Chairman Louis Windmuller: " It appears...
Halaman 60 - The purposes of said corporation shall be to provide and regulate a suitable room or rooms for a Produce Exchange in the city of New York, to inculcate just and equitable principles in trade, to establish and maintain uniformity in commercial usages, to acquire, preserve, and disseminate valuable business information, and to adjust controversies and misunderstandings between persons engaged in business.

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