The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-07-26
NO CURRENCY
LEGISLATION
Speaker Cannon Is FIat-footed
Against the Scheme.
INTERVIEW WITH ROOSEVELT
PAYNE PREPARING TO GET OUT
OF CABINET.
WITH ROOSEVELT
Especial to The Herald.)

] NoBNNAalt 70 Inc tieHdl0.l
Washington, July 25.-There is con-
siderable speculation in Washington as
to the attitude of Representative Can
non towards such financial legislation
as is proposed by President Roosevelt.
! The last time Mr.. Cannon was here ne
/ declared in his characteristicalIy en-
/ phatic manner that he was opposed to
/ any such scheme of rubber currency
/ as had been proposed, and. in fact, to
/ any currency legislation at all 1t is
/ believed that he talked the matter over
/ with the president and convinced the
| latter that it was not wise to advocate
/ a permanent increase in the currency
/ issue Of the banks, that he and others
1 believed such a scheme to be more in
1 the interest of Wall street than of the
! people of the country as a whole.
/ Should the president include currency
/ matters in his call for an extra session,
/ as well as the Cuban treaty, Mr.. Cam
non, the speaker-tO-be will find himself
/ placed in rather an awkward position.
The last national Republican platform
! calls for some legislation to depress
rates of interest by increasing the mon
/ ey supply in times of need. Strong in
| terests are in favor of such legislation
and should the president voice this SEN
I timent and urge some such law, party
/ policy would demand that the speaker
should waive his objections. Doubtless
/ Mr.. Cannon would oppose currency leg
/ lslat1on up to a certain point and then
/ allow some measure to go through
which might be termed a compromise.
| Senator Lodge, after his visit to Oys-
ter Bay, suggested a larger issue of
/ currency to carry a tax of . per cent.
This, of course, would not issue unless
rates for money were higher than this,
and when interest fell this extra circu-
( latiOn would be called In. II is too
much to say that Senator Lodges
statement represents what will be
found in the presidents fall message.
1t is looked upon in Washington as u
distinct 'feeler" for public opinion. II
/ ii falls fat il will probably be aban-
dOned, and if received with approval
throughout the country as we'll as in
New York, the plan outlined. or some
thing based on the same idea, may be
/ found in the administrations sugges-
ton A tax of per cent is held to be
| too high by many bankers and a rate
| of 4 per cent may be adopted.
Any financial legislation means a pro-
longed and acrimonious debate in con-
| gress. While the free silver following
is now small, there are many members
who are suspicious of any attempt to
( put more power in the hands of the
banks, which, in their opinion, are
/ largely owned or controlled by a linn
! tied number of great financial interests.
Successor to Payne.
The health of the postmaster general
does not improve. But for the critical
condition of affairs in his department,
he would undoubtedly have retired ere
/ this. His physical condition will pre-
vent his remaining much longer in the
4
ahOat. Hermann A. KOhlsaat of Chi
cago, formerly owner and editor of the
| Chicago Times-H Herald, has been visit
| ing President Roosevelt at Oyster Bay
/ and seems to be in the lead among the
! possibilities. Mr.. KOhlsaat has been an
! earnest and influential friend of the
\ president for some years past and has
strong backing. For friends he has
Senators Hanna and Gage. His bust
ness experience is not confined to news
/ papers, and he inspires among those
who know him a warm devotion which
/ speaks well for his character.
How Root Dodges.
] Elihu Root has a way Of lodging en-
| barrassing questions. All manner of
! inquiries have been made of him at va
rious times to make him give up"
/ news, but never with any success.
great deal of fencing with the reporters
/ who wanted information.
/ rs 1t true, Mr.. Secretary" a news
/ paper man asked him one day, that
/ Minister Conger has been instructed TO
/ demand the execution Of Prince Tuan?"
mo; that is not true the secretary
/ replied, but General Chaffee has been
/ instructed to send tie poison cup to
/ the empress dOwager."
v,orrrcrv,,,
! plussed as when the decision of the
| Supreme court on the insular cases
| came out. Everybody read the deci-
! sion, or heard It read. and then every
/ body looked at everybody else, and all
( the world opened its eyes at the Su-
/ preme bench. The Supreme bench
/ smiled and looked pleased, all be-
/ cause it had puzzled everybody and
/ most Of all puzzled itself. AT the War
! department a delegation OF newspaper
/ men put a lot Of useless questions 10
Mr. Root Finally one man said:
/ Mr.. Secretary, tell us this much:
/ Under these decisions does the constf-
tuition follow the hag2"
| The secretary reflected. Then he
] said slowly, with a peculiar infection:
'As near as 1 can make out from
/ hearing the different decisions read, I
/ think the constitution does follow the
/ fag-but it doesn't catch up with it,"
Artist Whistler.
! There is one phase in the life of the
/ late James Abbott Mcneil Whistler.
/ the famous etcher, which is little
/ known. His departmental life in
| Washington is interesting as showing
! the incidents that shaped his career.
/ He was an employee of the Coast and
] Geodetic survey, at that time known
/ as the Coast survey. His life with his
4 father while the latter was engaged in
| the construction Of a railroad from St
! Petersburg to Moscow, gave him a
/ taste for Bohemian life which deep
/ ened while he was at West Point. His
| drawing at that time was more re-
| markable for its eccentricity than its
perfection. though it was never
! faulty. He would draw a shadow
| first and then the body which caused
/ the shadow. or he would begin with
/ the hands and feet and afterward fill
/ in the rest Of the subject. After fail