The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-04-07
REPEAL OF THE BANK TAX.
The Democrats to Caucus on the
Issue Next Week.

Over $50 Members of the House
Sign Petition for the Party Con-
ference-The Democrats in Favor of
Unconditional Repeal Number
129-Other Democrats Favor Repeal
With a Federal Restriction Clause.
Washington, April Cover $50 demo-
cratic members of the House to-day united
in the following request to Chairman Hol-
man. of the democratic caucus for a
caucus on the state bank question next
Tuesday:
We. the undersigned most respectfully
asl, that Immediately upon the adjournment
Of the House Tuesday, April 10, you will ca Il
a caucus Of the democrats of the House to
consider the provisions Of the democratic
platform relating to the repeal Of the tax i'm
posed oy the federal government upon the
issues Of state banks and state bank associa.
tlons.
The petition has been circulated by
Representative Swanson of Virginia, who
has also made poll of the democrats on
the state bank question.
HOW THE DEMOCRATS STAND.
Concerning the move, Mr.. Swanson
saws. The request for the caucus Is the
LARGEST ever presented for a House eau
Gus. which indicates the great interest
felt in the subject. There are two
elements favorable to the repeal of the
state bank tax. One element wants I'M
conditional repeal, and the other wants
a repeal with federal restrictions and
superg1sion around state banks of issue
Unless these two elements can get
together on compromise measure, it will
be impossible to pass repeal bill, but if
those favoring repeal will compromise
their differences by uniting on measure
which both factions can support, the bill
can be carried in the House"
THE SUPPORTERS OF REPEAL.
Mr.. Swanson's poll shows not more
than 1913 democrats favorable to uncondi-
tiOnal repeal. But with those favoring
conditional repeal the poll shows wide
margin for repeal of the bank tax.
Three plans are being considered for
presentation to the caucus. One is for
the appointment of special committee
to frame a compromise repeal bill and re-
port it to a subsequent caucus.
Another is to enlarge the present com
mittee on banking and currency so as to
make it responsive to the desires of a eau
Gus on a repeal of the state bank tax.
Thus far the committee has been in a
deadlock over a number of repeal bills,
and the question has been indefinitely
tabled The enlarged committee would
have repeal ma GRITTY sufficient to re-
port a compromise bill.
A third proposition is for the commit
tee on rules TO take charge of the subject.
and arrange for plan for setting the
question before the House. One of these
three plans will be adopted.
CRISP ONE OF THE sIGNERs.
Speaker Crisp's name is among those
signed to the request for til e caucus. The
names include the leaders on both sides.
among them Representatives Culberson.
McMillin, Cultivate, Cox, of Tennessee,
springer, Dockery and Patterson. 1t is
regarded as significant that seven New
York members, Messrs. Cummings,
Coombs, Dunphy, Clancy, Warner,
Tracey and Haiues, have signed.
It has been expressly stipulated
in securing signatures to the caucus petit
ti0n that the members shall not be bound
by the action of the caucus. In some
cases this condition has been attached to
the signature.
Mr. Swanson, who circulated the petit
ton, says that it is fully understood that
the caucus is to be a conference toward
securing compromise, and not meeting
binding on the democratic majority of the
House.