The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-08-14
Fullest Preliminary investigation
WEI Re Made to Make Certain a
Successful Measure.
III ALSO Is A NATTER OF VERY
GREAT IMPORTANCE.
Effort VIII BE Made TO Complete q
Satisfactory Observation-Disclosures
dent RooseveIfs Visitors.

OYSTER BAY, l.. l.. Aug. 13.-President
Roosevelts conference with the members
OF the subcommittee of the Senate finance
committee was not concluded until the
small hours of this morning. The whole
subject OF financial legislation at the ap-
preaching session OF Congress was dis
cussed thoroughly. The committee. consist
ing Of Senators Aldrich, chairman; Platt
(Conn). Allison and Spooner, did not pre-
sent even tentative draft of currency
bill to the President. although some prop
ostions which subsequently may be en-
bodied in the measure were reduced to con-
crete form. No definite conclusions as to
the shape of the proposed legislation were
reached. The conference related rather to
methods of procedure in the work at hand
than TO the form of the legislation. At
7:30 this morning the members OF the COM
mittee left Sycamore Hill, boarded their
yacht. the vergena. and sailed for Provi-
dence on their return to Senator Aldrich's
home at Warwick.
Serious consideration also was given to
the legislation to be proposed to Congress
in approval of the CubaIrceciprocity treaty
ratified by the Senate last spring.
One fact of distinct Importance was de-
yeloped at the conference. While an ex-
traordinsry session of Congress next fall
is assured. it has not been determined def
nitely whether il will be called to meet in
October or November. 1t has been sup
posed that the extraordinary session would
convene on Monday, Novs, but the indi-
cations now are that it will be called for
an earlier date. perhaps several weeks
earlier.
The primary purpose Of the extraordinary
session is to enact legislation making oper-
ative the Cuban reciprocity treaty, but
financial legislation also will be pressed
upon the attention OF Congress soon after
IL convenes.
Three of the senators-Platt. Aldrich and
Spooner-who were present at last nights
conference. are members of the Senate COM
mittee on relations with Cuba. All of them,
particularly Mr.. Platt. who has made pro-
found study of the situation in Cuba regard
the necessity for the enactment of the Gu
ban treaty legislation as very urgent. Pres
ident Roosevelt entertains the same views.
IL is understood that the suggestion of an
extraordinary session OF Congress at a date
earlier than Nov. was made by these SEN
ators because OF the urgency of the Cuban
legislation.
II was pointed out. too. that if Congress
were convened al early date the entire
work of the extraordinary and regular ses-
sions could be cleared by the time the ma
tional conventions are to be held next year
On many accounts that Is regarded as de-
sirable. and It would be great convenience
not only to the President, but also To MEM
bers OF both the Senate and the House.
IL can be said that the Senate finance
committee will draft no measure formally
and conclusively until consultations have
been held with other members of the Senate
Democrats as we'll Nep lblicans-with
members OF the House, and with the best
authorities on finance in the country. II is
the desire Of the committee 10 be constantly
in touch with the President. with other SEN
ators. with members of the House. with
bankers OF the West as well as those of the
East, and with country bankers as we'll as
city bankers. so that some plan OF legisIa-
tion may be formed by the opening OF the
extraordinary session Of Congress-.
IL is the hope OF the committee to devise
genuinely elastic currency system-a sys-
TEN that will expand when the necessity
shall arise and contract when the necessity
shall have ceased to exist
Senator Aldrich when asked with refer
ence TO the visit of the senators TO the
President said: The Republican members
OF the subcommittee OF the Senate finance
committee who met for an informal confer
ence at warwick, r. L., talked with the
President about financial conditions and the
needs OF legislative changes. No bill has
been drafted or agreed on. and none will be
unit! after the fullest consultation with our
Democratic associates of the subcommit-
tee and all the members OF the finance COM
mittee. IL Is. however our purpose TO have
bill In readiness for presentation to the
s'CA1ec ~ eafC ccSlililIle the extra SeS-
sion. III one shall be called in October or
November. We are hopeful that a bill can
be agreed on and reported that will receive
the approval of both houses of Congress and
afford prompt and efficient relief to the
business interests of the whole country"
Secretary of the Treasury Shaw and Sec
retary OF the Interior Hitchcock will visit
President Roosevelt at Sycamore Hill to-
morrow. This will be Secretary Hitch
cocks first visit to the President since Mr..
Roosevelt came TO Oyster BAY The state
ment Is made that the call OF the secre-
taries il not significant. IL being made
merely for the purpose of discussing de-
partmental business with the President
President Roosevelt passed the day quiet
ly at Sycamore Hill, no formal calls being
received.