The Montgomery advertiser., 1903-07-23
PRESIDENTS CALL
 FOR MIR. CANNON.
Conference on Finncil Relief Cues
 tion. Washington Special to New York

Conference on Finncil Relief Cues ton.
 Washington Special to New York Herald.
 There will be a meeting at Oyster Bay, it is expected, within a few days be- tween the leaders of the positive and
 negative forces regarding financial leg islation at the proposed extra session of Congress. Representative J. c. Cannon, of Illinois, who will be Spea-ser of the
 next House. will be invited to Oyster Bay
 to talk matters over with the President Mir. Cannon was here to-day and had a conference with Secretary Shaw. It was admitted that the financial question
 was discussed, but neither the Secretary
 mo-. MT. Cannon would divulge any of the things said about the question which Is just now disturbing the Republican leaders. After the conference at the
 Treasury Department 1t was learned that
 Mir. Cannon and the President would
 meet very soon.
 Mir. Cannon, several weeks ago, was
 represented as boasting that he would
 defeat all financial measures at the next
 session of Congress if any attempt were | made to pass any of them. He subse-
 quently qualified this by saying. in an
 interview in the Herald, that he was not
 such fool as to say whether Congress CAOutu Ok HUI pdSS u llGdSuTG. It has been disclosed to-day that the | chief reasons for MT. Cannon's objections 1 to taking up the proposed currency legis- lation at the extra session of Congress
 are political. MT. Cannon is afraid the Aldrich bill may be denounced in the West as millionaires' measure and that
 it's friends may find its defence a diff | ficult task
 It would seem from this that there is f1a1V. ..kr tx. AEx, rz non's own district that the Aldrich bill is giving the banks too great an advant- | age. It is not exactly a populistic senti- ment and yet 1t is the old story of the Western farmer being frightened at the I bugaboo of Wall street
 It is believed that if Mr. Cannon could
 be made to see that Bryanism is dead in | the West and not to be feared, and that | the money question will not be an issue | in the next campaign, he would be will | ing to go ahead and take up this ques- tion entirely on It's merits.
 In discussion of financial legislation i at the extra session 1t was admitted to- day that the difficulties were still great. In the first place. the Aldrich bill and
 the Fowler measure are irreconclIable, | and the friends of each are just as em-
 phatic in their opposition to the other as they were last winter.
 AA,
 or some measure similar to it, would be the single great measure at the extra session. But many members of Con-
 gress are asking. What sort of an Aldrich bill are We to have?" It is ad- | mitted. even by the men who drew the bill, that the measure of the last session | cannot pass at the next session. It is
 also said that any bill tl-4t is to pass | must be put before the public early
 enough to allow the fullest and freest | discussion.
 The subcommittee of the Finance Committee of the Senate appointed to | consider this question will not meet until some time in August. In the meantime
 members of Congress who are anxious to aid some measure for relief in periods
 of money stringency say they would like
 to have a bill which they could take be-
 fore the small bankers in their districts and thresh out.