The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1903-08-20
CONGRESS To MEET
In Extraordinary Session in
October or November.
TWO OBJECTS IN VIEW
To Make Operative the Cuban Reel.
procity Treaty and Enact, if
Possible, Some Needed Finan-
claI Legislation.

A special from Oyster Bay says:
President Roosevelts conference We'd
nesday night with the members of the
subcommittee of the senate finance
committee was not concluded until the
small hours of Thursday morning.
The whole subject Of financial legisla-
ton at the approaching session Of con-
gress was discussed thoroughly.
The committee did not present even
tentative draft of currency bill 10
the president, although some proposi
tions which, subsequently may be en-
bodied in the measure, were reduced
to concrete form, no definite conclu-
sions as to the shape of the proposed
legislation were reached. The confer
ence related rather to methods of pro-
cedure in the work at hand, rather
than to the form Of legislation. At II
o'clock some Of the members left Sag
amore Hill for Senator Aldrich's home
in Rhode Island.
One fact of distinct Importance was
developed at the conference. While
an extraordinary session Of congress
next fall is assured, 1t has not been de-
termi1ed whether 1t will be called 70
meet in October or November. 1t has
been supposed that the extraordinary
session would convene Monday, No
vember 9, but the indications now are
that it will be called perhaps several
weeks earlier.
The primary purpose of the extraoc-
dinary session will be to enact legisla-
tion making operative the Cuban re-
ciprocity treaty, but financial legisla-
tion also will be pressed upon the at
tention of congress after it convenes.
It can be said that the senate finance
committee will dra4t no measure for
mally and conclusIvely until consuIta-
tions have been held with other mem
bers of the senate, democrats as we'll
as republicans, with members Of the
house and with the best authorities on
finance in the country. It Is the de-
sire 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 we'll as
those of the east, and with country
bankers as we'll as city bankers, 80
that some plan of legislation may be
formed by the opening Of the extraor-
binary session of congress.
1t Is the hope of the committee. TO
devise a genuinely elastic currency
system-a system that will expand
when necessity shall arise and con-
tract when the necessity shall have
ceased to exist. ...
Senator Aldrich, when asked with
reference to the visit, said:
I'VE talked with the president about
financial conditions and the need OF
legislative changes. No bill has been
drafted or agreed on and none will be
until after the fullest consultation
with our democratic associates Of the
subcommittee and all the members II
the finance committee. 1t Is, however,
our purpose to have bill in readiness
for presentation to the senate at the
beginning Of the extra session, II one
shall be called in October or Novem-
Der. We are hopeful that bill can be
agreed upon and reported that will
receive the approval of both houses OF
congress and afford prompt and effi'
cient relief to the business interests
of the whole country"