Daily new dominion. [volume] (Morgantown, W. Va.) 1897-1906, 1897-12-15
DEMOCRATIC CAUCUS.
Policy Predicted In These Dis
patches Adopted.
MORGAN's RESOLUTION FAVORED.
Against the Retirement of Greenbacks
and Treasury Notes-Early Enactment
of Bankruptcy Bill Favored-Proceed-
ings of the Caucus.

WASHINGTON, Dec. 15.-The caucus
of the Democratic members of the
house OF representatives resulted in
the adoption of resolutions defining
the party policy on the questions OF
Cuba, fiuance and bankruptcy. The
caucus was largely attended, 10l of the
125 Democratic members being present,
despite the stormy weather. Repre-
sentative Richardson of Tennessee
acted as chairman and Representatives
Cummings of New York and Cowherd
of Missouri acted as secretaries.
Representative Bailey of Texas took
the initiative by presenting the follow
ing series of resolutions
"Resolved, That it is the sense of
this caucus that the Democratic mem
bers of the house of representatives
ought to resist all efforts, direct or in
direct, to retire the greenbacks and
treasury notes.
"Resolved, second, That we are op-
posed to and will resist all attempts to
extend the privileges of national banks,
or to reduce the taxes which they now
pay.
''Resolved, third, That we favor the
early consideration and passage of the
senate resolution recognizing that a
condition of war exists in the island of
Cuba, between the government of
Spain and the Cuban people.
Resolved, fourth, That we favor the
early enactment of just and wise
bankruptcy law"
The first three features of the resolu-
tions, on finance and Cuba, were con-
sidered separately, the discussion being
vigorous and unanimously favorable.
Mr.. Bailey made the main speech, urg.
ing that the Democratic members
should take their position promptly
against those financial movements, now
assuming formidable dimensions, owing
to the recommendations given to them
by the president and secretary of the
treasury. He also spoke for a clear-cut
position in favor of the recognition of
Cuban belligerency, as embodied in the
Morgan resolution, which passed the
senate during the extra session. There
was not dissenting voice to MIR.
Bailey's propositions, and the first
three resolutions were carried by a
unanimous vote, the result being re-
celved with hearty cheers.
The fourth feature of the resolutions,
declaring for just and wise bank.
ruptcy law, met with some opposition
Mr.. DeArmond of Missouri argued that
it was not expedient for the party to
take position favorable to bank.
ruptcy bill at this time. The resolu-
ton was supported by Messrs. Bailey.
Simms of Tennessee and Swanson of
Virginia. The resolution finally pre-
vailed by large majority. although
Mr.. DeArmond and about half dozen
others registered their votes in OPPOSE
ton to this course.
On motion of Mr.. Maddox of Geor-
gia arrangements were made for the
usual congressional committee to con.
duct the congressional campaign of
1898.
The committee is to consist of one
member from each state, territory and
the District of Columbia, and nine
senators to be chosen by the senate
Democratic caucus.
The caucus adjourned after being in
session just an hour, having accom-
plished its results with practical una.
nimity.