New-York tribune., 1903-07-17
CONGRESS MEETS NOV. 9.
EXTRA SESSIONS WORK.
Senator Lodge Says the President
Hopes for Financial Legislation.
[BY TELEGRAPH TO THE TRIBUNE

IBY TELEGRAPH TIE TRIBUNE.l
Oyster Bay. n. Y. July 16,-Financial legisla-
tion will be of the subjects for which extra
session of Congress will be called. TO begin
Monday. November o. Such the authorita-
tive announcement made here this evening by
Senator Lodge. of Massachusetts. after visit
to President Roosevelt. at Sycamore Hill The
question of financial legislation at the extra
session. it Is understood. was thoroughly dis
cussed at yesterdays conference between the
President and Secretary Shaw.
Senator Lodge arrived here about 10 o'clock
this morning. and spent the day with the Presi-
dent He is a member of the Alaskan Boundary
Commission. which is to begin its sessions IN
London early in September. Before sailing for
England tomorrow on the Cedric. he came to
Oyster Bay to consider with the President,
among other things. the work of the commits
sion He left here at o'clock this evening fer
New-York
Before his departure Senator Lodge made a
statement concerning his conference with the
President. In this statement the Presidents
hopes regarding the financial legislation are re-
| hected
I'VE discussed" said Senator Lodge "a va
| riety Of topics. including the work of the Alas
kan Boundary Commission, which is to begin in
London early in September.
| Yes" the Senator continued. in response to
| an inquiry whether he had discussed with Presi-
| dent Roosevelt the proposed extra session OF
| Congress, we considered it at some length
| You know, of course, that an extra session is TO
| be called TO meet on Monday. November 9. i'm
| mediately following the fall elections. The ses-
| sion will be called primarily for the purpose
! of enactlng legislation approving the Cuban
| treaty which was ratified by the Senate last
spring. The President hopes. however, as do,
that we shall be able to take up for early con-
sideration financial legislation along the lines of
his messages and speeches since he became
| President. In this legislation the President
! takes the deepest interest"
NO SPECIFIC BILL DISCUSSED.
Did you discuss with the President any speci-
ic financial measure?'
No. net at all No specific bill was under
consideration. The preparation OF a measure OF
that kind is the work of Congress itself 1t was
understood when the Senate adjourned last
spring that the Committee Finance would
| prepare a remedial financial measure during the
recess The committee IS now engaged on thai
work l assume that the House Committee or
Banking and Currency also Will take up the
subject but I am not informed whether it is the
intention of that committee to begin the con
sderation of the subject before the extra session
shall convene As : noted. the President is
deeply interested in this proposed legislation
and it is his hope and Jesire that early actor
may be taken by Congtss to remedy existing
financial conditions"
Speaking of the general commercial conditions
in the United States. Senator Lodge said tina
while he could not gauge the effect OF hquida
| tions of stock he thought that conditions pre-
vaiIing generally were excellent Concerning III
| situation in England. he could not sa!
what result the high price of cotton would hav
on the mills. but business in general was sound
and there was no fear Of an industrial crisis
| The only danger was stock liquidation.
Senator Lodge was the only guest of the Presi
| dent at Iuncheo to-day. In the course of tn
! afternoon a delegation representing the Broth
| erhood of Locomotive Firemen of New-Jersey
Pennsy lvania and other States. composed of
A Wilson of Philipsburg. n. J.; J. A. Shott
and George Kieser, of Harrisburg Penn. an'
James Coots of Jersey City. visited Sagamor
Hill to invite the President 10 attend tn
brotherhood's convention at Reading, Penn. ol
August % 1t is understood that the President
who was made a member of the brotherhood a
| Chattanooga last fall. regretted that a preVlOu
engagement would prevent his acceptance o
- | the invitation II is said that he had alread.
decided to witness the first of the inteTna tlona
| yacht races on August %, the date set Tor IN
! brotherhood convention No visitors nave ye
; | been announced for tomorrow. II Is thouSn'
I however that Mayor Low will make one or
Z | Dartv of guests to he entertained on saturday
p 4 letter was received to-day by the President
Z ! guage from the Sultan of Morocco. stating ina
f he had appointed James w LangerTnah' on
of the St Louis Fair Commissioners. 70 repre-
sent Morocco at the opening of the exposition.