TWENTIETH ANNUAL YEAR BOOK— PART VII 655 



gated. If nothing develops, nothing will be said ; if anything de- 

 velops that is not right, then the whole matter is washed out in 

 open session. 



The Chairman : Now, Mr. Ames, what I was going to remark 

 has been already partly solved. I think all of us old shippers 

 understand the conditions in the markets, and we know the live 

 stock exchanges', both for feeders and the regular exchanges, 

 attitude on such matters ; but I also think that it is absolutely 

 necessary for the shippers to have some disinterested party like 

 the Bureau of Markets to investigate these facts there and bring 

 them to the attention of the different organizations, for this rea- 

 son, and it is a vital one : Rappell Brothers have had the repu- 

 tation for the last twelve years, to my knowledge, of doing the 

 things that they knew by rumor at least that an investigation 

 should have been made, but it wasn't made until the Bureau of 

 Markets investigated and brought it to their attention, and the 

 exchanges should feel gratified because it relieved the individual 

 members from doing it. You know how it is with regard to 

 neighbors — you don't like to say anything even if you do know 

 they aren't doing just right. It's just like that on the live stock 

 exchanges ; they are closely related and close together, and un- 

 less it is a very glaring offense you aren't going to get a member 

 to inform on some other member, unless he is doing it in some 

 peculiar, outlandish method, and for that reason it seems to me 

 that the Bureau of Markets, if for no other reason, should be 

 maintained to make an investigation and report to the various 

 exchanges, and have them deal with the refractory member as I 

 know they can do. The exchanges are doing a wonderful work 

 in protecting the shipper — I don't think any of us feel anything 

 different, but I do know we are better protected where an out- 

 side investigator can make recommendations to the exchanges 

 and then the exchanges can themselves deal with and punish 

 their refractory members. (Applause.) 



Mr. Stryker: I don't want to take much time, but I do want 

 to say this much, when the Kenyon-Kendrick bills were under 

 investigation at Washington some of you secured a copy of the 

 testimony given at those hearings, and I believe you will find in 

 the testimony given by some of us that we said we had no objec- 

 tion to the government having supervision of our public markets 

 for the very purposes you suggest, with the remedy of publicity 

 where they have found anything wrong. I can but reiterate that 

 statement this morning. You cannot harm us if we are right, 



