The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-03
Interested I'm a Bill to Provide a Cur
rency System for the Philip
pine Islands.
IS SURE ABOUT HEMENwAY
SAYS HE WILL HEAD THE APPRO-
PRIATIONs COMMITTEE.
Counties Should Pay a Penalty of
$4,000 When a Lynching Occurs
-Other Legislative News.

THE next two months will be exceedingly
busy ones in Congress-" said Representa-
tive Edgar d. Crumpacker, of the Tenth
district. who was in the city yesterday on
legal business. "The statehood bill threatens
to engross the attention of the Senate for
the greater portion OF that time, while the
house has the appropriation bills, Fowler
currency bill, antitrust bill and a bill to
provide a system of currency for the Phil
ippines to look after.
LAS member of the comttee on insular
affairs l am especially interested in the
Philippines. The bill establishes the gold
standard in the islands. making the gold
dollar of the United States the unit of
value. The principal coin. however. will be
OF silver. about the size OF our silver dollar.
and called the Philippine peso. The peso
will be worth fifty cents and exchangeable
for American gold at the ratio of two pesos
for one dollar. The intrinsic value of the
silver in the peso will not be fifty cents in
gold. but the purchasing value of the peso
will be equal to fifty cents in gold because
the United States government will be back
of the currency.
"A monetary system is badly needed In
the Philippines. They are doing business
there at present with Mexican dollars and
Spanish pesos. the value of which f1uc,
tuates from day to day that any and
every line OF business becomes more or less
of a speculation and the legitimate business
men are CRYING for relief. The bin. If it be
comes a law, will provide stable currency
for the islands.
1.-THE United States mints will probably
do the coming Of the Philippine money, al
though there is an old mint I'm Manila, / be-
noV0. COIIl6 6rSt-ClaSS COndi-
tion by the expenditure of some 100000.
THE Fowler currency bill will be pushed,
as its advocates hold that some action at
the present session is imperative. That will
occupy the attention of the House for some
little time. but In addition TO this bill the
question of antitrust legislation is growing
in Importance / believe that the House
VIII pass bill amendatory OF or as a sub
stitute for the Sherman law. but / do not
know what the Senate will do. There seems
TO be very earnest desire on the part of
many of the leaders of both houses that
such legislation be enacted. and if the de-
sire Is strong enough in the Senate some
thing in that line will be done"
Judge Crumpacker is known to have been
one of the active members of the Repub-
lican Indiana delegation in getting the dele
cation to declare for Cannon for speaker
early i'm the fall. and he is close enough
to Uncle Joe" to be an authority on the
question as to whether Representative
Hemenway, of Boonville, will become chair
man Of the appropriations committee.
There is absolutely no question about
it," said the Judge when he was asked
about the matter. ''Hemenway will be
made chairman of the appropriate tons COM
mittee just as sure as Cannon becomes
speaker. / cannot understand how or why
the question has been raised
Judge Crumpacker was one of the orig
inal Cannon men In the Indiana delegation
and he and Representative Hemenway ar
ranged for the meeting of seven Of the In
diana members at Chicago. at which they
declared for the Illinois man. This declara-
ton, il was understood at the time, was
made solely on the assurance from Cannon
that Hemenway should succeed him as the
head of the appropriations committee
How about Mr.. Hemenway's candidacy
for GOVERNOR
'T know nothing about that" replied
the Tenth district representative. He is
authority on that question. / understand
that some of his friends have been urging
him to make the race, but as to his de-
termination in the matter know nothing
Judge Crumpacker recently made sug-
gestion that a law should be passed by
the Indiana Legislature compelling coun
ties in which lynchings occur tc pay a pen.
atty of $1,000 to the nearest relatives OF
the man lynched. and he said yesterday
that he still believed that IL would be the
most effective method of stopping this mos
awful crime. He Is not pushing the mat
| ter, however, as he merely made the Sug
| gestion in an ordinary conversation ir
| Washington, and he does not know IL bill
to that end will be introduced in the Legis
| lature this winter.
The Judge returned TO his home in Val
| for Washington. While he was here yes
terday he had a conference with number
! of Fowler citizens regarding some politica
affairs in that part of his district.