Evening star. [volume] (Washington, D.C.) 1854-1972, 1903-11-06
Meeting to Determine What
Will Be Done.
ONLY INFORMAL TALK
DEFERS DISCUSSION UNTIL VA
CANCIEs ARE FILLED.
About Government Deposits in Nation
al Banks-How to Make Cuban
Treaty Operative.

The first effort to define the points of diff
ference between the republicans and demo-
Gratis of the Senate on the subject of legis-
lation that is to be considered by the spe-
cial session of Congress to meet Monday
was made this morning at a meeting of the
Senate committee on finance.
At the meeting, which was held at IL
o clock this morning in Senator Aldrichs
committee room at the Capitol. all members
We're present. They were Senators Aldrich'
Allison. Plat of Connecticut. Burrows'
Plat of New York. Hansbrough, Spooner'
Daniel. Teller and Money.
The vacancies to be filled on the commit
tee are in the places formerly held by
Senators Vest, Jones of Arkansas ana
Jones of Nevada. I his makes places for
one republican and two democrats the
names most prominently mentioned OF
those likely to succeed to the place
held b., Senator Jones of Nevada are those
of Senators Hanna. Elkins and Perkins. IL
is quite generally believed that MIR. Hanna
will be selected for this place. senators
Bailey and German are regarded as the
Cies most likely to succeed TO the t"o
democratic vacancies.
The necessity to fill these vacancies VIII
hasten the holding of republican and demo-
cratic caucrSeS.
Method of Procedure.
The discussion in the finance committee
this morning referred to the manner IN
which Congress should proceed in order Io
provide for putting the Cuban reciprocity
treaty into effect, and also in relation TO
the advis ability of passing banking bll
ut the coming session, especially in rela-
ton to the deposit in banks of government
funds.
There was no indication that any one had
the least intention to obstruct prompt &C
ton in relation to the reciprocity treaty.
The entire discussion was in reference to
the manner in which the provision should
be made.
There WERE in the first instance, three
propositions for making this provision. The
Senate at first maintained that 1t pos
SeSsed full power in matters OF making
trea ties. whether or not they caused re-
duction in revenues. Then came the con-
ceSSon to the House of REPRESENTATIVES,
taking form in the provision that the treaty
ratified by the Senate last winter should
be made operative only after the passage
of a Joint resolution authorizing 1t. rms
second method is the one most likely to
be adopted if the Senate committee has its
way about the matter.
The third method, for which many mem
bers of the House have contended, is 1cr
the passage of a bill originating in the
House. authorizing the changes in the tarrt
provided by the treaty. Ihey claim ihdt
the Constitution makes this course apSo-
lately necessary.
The Senate doesn't like this last methoa.
and unless strong argument is presenter
and Il stout resistance is made by the House
of Representatives the senators are hot
likely to approve such Il course. Such
procedure would mean more than appears
or the face of the proposition II means
that the House of Representatives Will ne
far advanced IN the matter or making an
rcciprocity treaties i'll the future than the
Dositiou tx was supposed by the Senate 10
occupy a year ago. The Senate then pre-
ceeded on the supposition that it had full
power 10 ratify treaties that might reduce
the tariff.
Senator Aldrich's Announcement.
At the conclusion of the meeting today
Senator Aldrich was authorized by the
committee to give cut statement OF what
had been done, which authorization result
ed in the following brief announcements
'"The committee considered informally
questions pertaining to the collection and
deposit of public moneys. No conclusions
were reached and no further discussion Will
he had until after the vacancies in the
committee have been filled
The question relating to the collection
and deposit of public moneys referred to
portion of the Aldrich banking bill. The
first part of that bill provides for the de-
post of public money in national banks
upon the deposit of security by the banks
with the Secretary of the Treasury. 1t
provided that in addition to government
bonds as such security bonds of states
municipalities and counties as we'll as rail-
read bonds, under certain circumstances,
should be accepted by the Secretary or the
Treasury security.
The Secretary concluded that he already
had authority under the law to make de-
posts in national banks. and has accepted
government and state bonds as security
for them
This action the part of the secretary
is likely to lead to criticism on the part Of
the democrats of the Senate, who will take
the view that he has exceeded his authority
in so doing.
The next meeting of the committee will
be upon the call of the chairman.
The House Insistent.
The House republicans are insistent upon