New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-08-25
MILD FINANCE REFORMS.
KokIsaQt Tells What Measures WIL
Come Before Congress.
IBr TELEGRAPH TO TIE rR1BUNE.I

Clvsfer Bay y. Y. Aug. 24-Accordfnr 20
4 r. Kohisaat, OF Chicago. who took luncheon
--s-b. President Roosevelt to-day. the admins
--af'on viii limit its financial reforms 10 these
two propositions: First, the deposit OF custom
house receipts in national banks on the same
basis that internal revenue receipts are now
deposited. ard second, the repeal Of the limita-
ton 81 S51Do"o month retirement Of bank
1o,eE
The dlHcuIties II finding ar agreement not
o-lv between the members OF the finance sub
committee, but also the leaders OF the House
and Senate are responsible for the reported de-
ciston Of the administration to introduce only
such simple remedial measures. The two finan-
ci7l PROPOSITIONS mentioned by Mr.. Kohisaat to-
6ev were those on which Congressman Z !
HIN Of Connecticut. submitted q brief to the
President On Friday. Congressman I5in also
made third proposition recommending that an
emergency circulation should be subject 10 a
heavy tx
The West. according 10 Mr.. Kohlsaat's state
,-e-r. fears 10 impending money stringency and
does not desire any drastic currency reform.
III. Koh!ssst said that the West was actually
loaning money 10 the East. and that small
Western banks were dlscounting New York and
Pbnadelphta paper. III Kohlsaat added that
he West anticipated early this spring any
money needs 10. the impending crop moving
reriod Financial reform, he said, should be a
matter Il education. and would need for its
rons.1rr7ation at least two or three years. The
-.-7-osiriors thst he had named. he said could
he contained IL clause Of twenty-five lines, and
would practically meet the present situation.
Mr. Kohlsaat has visited oyster Bay several
tines this season a. the request OF the Presi-
dent While admitting that currency had made
one OF the topics at to-Gay's conference, Nj.
EobIsaar declined 10 state the nature Of several
other matters which he said had been discus ed.
IN has been ruro-ec.' said M Kohlsaat, that
I might he appointed Postmaster General, but
rbsrs is absolutely nothing in il. The President
r0.-errE.aIes no change In that Office. In tact,
he desires that his Cabinet should remain in
tact ar least until the close Of the present aG-
fr3nigt-atioa Personally. l do not desiIe public
~fiee. and the President has no Office in his gift
which 7 would accept
secrerzrv AIdr1h OF the New-York State
Railroad Commission, was another visitor at
= gaUCre hi this afternoon Mr. AlCrlch said
De came simply 20 pay his respects TO the Chief
Executive. Following closely the recent
visits q Governor CGell and Colonel Dunn, the
-sit to-day q Nr. Aldrich is regarded espe-
cia-ly significant
Afrs. Baihrgton Booth who IS connected with
RE Volunteers Of America. and Is largely in
-arestel ia prison work, viii be visitor al
Sycamore Hi on Sunday afternoon. September
3. Mrs Booth VIII preach here at the First
Presbyterian Church in the morning, and in the
evening at St PauIs Methodist Eplscopa,
Church
n Linn Bruce president Of the Republican
New-York County Committee, viii he a guest
e. Sycamore this week.