Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1899-02-09
A POLICY OUTLINED.
House Republicans Hold a Caucus
About Financial Legislation.
The RESOLUTION OF Mr.. HENDERSON
a Con'mittee tn he A ,pointed for the Pur-
p"se Of Con iderlng Monetary Legis.
lstion-It VIII Report To the
~ sixth congress.

Washington, Feb. 3-The republic
an mem oers Of the house OF represen
atlves met in caucus at eight O'Clock
last highl to determine upon course
OF acton IN regard To framing financial
legislation. The meeting was well at
tended, most OF the prominent figures
on the republican side OF The cham bel
beng present. These included Chair.
man Payne, of the ways and means
committee, and Mes,rs Grosvenor,
Henderson, Hopkins Steele, Cannon,
Walker, Brosius, Stone. Hepburn,
TawDey. Grout, Evans, Hill, Prince,
Corliss, Bennett and the rank and file
OF the republican membership. Speak.
er Reed did not attend. having pre-
viously made another en- Engagement.
Gen. Grosvenor, chairman of the
caucns, presided, and Mr.. Bennett, of
New York, was chosen secretary to
succeed Mr.. Hooker, resigned. Mr..
Henderson, of Iowa. presented the
following resolution, which served as
a text for all the discussion of the
evening:
Resolved That committee of II mem bers
OF the present house Of representatives who
are members of the Ffty-slxth congress shall
be appointed by the chairman OF this caucu,
for the purpose of considering monetary legis-
lati0n. and submitting their recommen lations
10 u republican caucus at the first session of
the flfty-sxth congress- with authority to
confer Wild like committee from the senate
The discussion on this resolution
proceeded with much animation for
more than an hour Those who spoke
were Messrs Henderson, Tawney,
Cannon, Walker, Payne and Hepburn.
There was but little difference of
opinion on the main point, that it
would be futile to attempt financial
legislation at this late day in the pres.
ent session. Mr.. Henderson made
strong speech in support of the plan
in his resolution. and point.
ed out the advantage OF having this
important subject committed to
body serving both in this congress
md the next, and representing the
various sections Of the country, and,
rs far as possible, its diverse business
Ind economic interests
Mr. Cannon, of Illinois, questioned
he wisdom of the resolution, although
le said he would not oppose it with his
'ote' lie expressed the strong belief,
lowayer, that the present prosperity
II the country made it inexpedient to
inter upon financial discussions. He
PARTICULARLY referred to the enormous
Exports within recent months, and the
'reat money balance in our favor.
his, he thought showed such
ealthy economic condition that it
houd beleft alone.
Mr. Cannon said he did not think
nv financial legislation could be car.
led through until after the next presi-
ential election.
Mr.. Payne, the recently appointed
hartman Of the ways and means com
littee, did not coincide with Mr.. Can
on's objections, and strongly favored
ie proposed plan Of committing the
attire financial subject to caucus
1t would permit careful
'nsideration of the question during
he coming months, and the prepare.
on OF such well.matured plan as i.
ould commend itself on all hands.
I. Payne expressed the belief that
lch measure, conservative and in
lligent, could be passed very early S
the next session of congress, and n
'obably during the winter months h
When the vote was taken, it was lit. h
short of unanimous, viz: yeas, 50; "
lys, A. The chairman announced that c,
e names of the members of the new fl
lance committee would not be an Sc
unced at present, as some time would
required to learn the wishes of
'mbers concerning the hard work or
iely to be involved in this service "
d also make up a strong organiza- n
N, thoroughly representative in hi
aracter