The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1903-08-13
MAY Be OCTOBER.
President Roosevelt Is Thinking
of Calling Extra Session
Earlier Than He at First In
tended to DO.
CUBAN RECIPROCITY.
Seems to Be Less Urgent Than
Financial Legislation.
Senate Finance Sub Committee g
Completes Long Conference.

Oyster Bay, L. L, Aug. 13.-President
Roosevelt's conference with the mem
bers of the sub committee of the sem
ate finance committee was not conclud-
ed until the small hours of this morning
The whole subject of financial legisla-
tion at the approaching session of con-
gress was discussed thoroughly.
The committee, consisting of Senators
Aldrich, chairman; Platt, Connecticut,
Allison, and Spooner. did not present
even tentative draft of a currency
bill to the president, although some
propositions, which subsequently, may
be embodied in the measure, were re-
duced to concrete form. No definite
conclusions as to the shape OF the pro-
posed legislation were reached. The con-
ference related rather to methods of
procedure in the work at hand than to
the formation of the legislation. At
1880 o'clock this morning the members
of the committee left Sycamore Hill,
boarded their yacht, the Vergena, and
Senator Aldrich's home
| One fact of distinct Importance was
developed at the conference. While an
extraordinary session of congress next
/ fall is assured it has not been settled
definitely whether it will be called to
meet in October or in November 1t has
+ been supposed that the extraordinary
session Will convene on Monday No
Vember 9, but the indications now are
that it will be called for an earlier date,
perhaps several weeks earlier.
The primary purpose of the extraordi-
nary session viii be to enact legislation
/ making operative the Cuban reciprocity
+ treaty, but financial legislation also will
/ be pressed upon the attention of con-
gress soon after it conVenes. The sem
ate france committee will draft no
/ measure formally and conclusively until
/ consultations have been held with the
other members of the senate, Democrats
as well as Republicans-with members
/ OF the house and with the best authOri-
1 ties on finance in the country. 1t is the
/ desire of the committee to be constantly
/ in touch with the president, with other
senators. with members of the house,
with bankers of the west as well as
those of the east and with country
/ bankers as well as city bankers, so that
some plan of legislation may be formed
! by the opening of the extraordinary
session of congress.
1t is the hope of the committee to de-
wise genuinely elastic currency system
"a system that will expand when the
necessity shall arise and contract when
the necessity shall have ceased to ex-
ist
Senator Aldrich. when asked by an
! Associated Press reporter with reference
to the visit of the senators to the presi-
dent said:
The Republican members of the sub
committee of the senate finance COM
mittee who recently met for an Informal
conference at Warwick. r. l., talked
with the president about financial con-
ditions ard the need OF legislative
changes. No bill has been drafted or
| agreed upon and none will be until after
the fullest consultation with our Demo-
cratic associates of the subcommittee
and all the members of the finance com
mittee. 1t is intended. however. to have
a bill in readiness for presentation to
the senate at the beginning of the extra
session. if one shall be called in Octo-
Der or November. We are hopeful that
a bill can be agreed upon and reported
that will receive the approval of both
houses of congress and afford prompt
and efficient relief to the business inter-
ests of the whole country"