The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1903-08-16
Virginia Senator Opposed to
3AldriCh Currency Measure. {
CHANCE FOR DEMOCRACY. q
5"If Republicans Cannot Do Better than
this, the Democratic Nominee Will
Surely Be Elected in
1904"

A special to the Baltimore Sun under
a Washington date line gave an inter-
estInR statement from Senator Daniel. 1t
says:
At his country home. near Lynchburg
Va, to-day Senator ]. w. Daniel, OF
Virginia, declared himself uncompromis-
ingly opposed to the present Republican
programme OF financial legislation.
In view OF the fact that Senator Daniel
is now the ranking Democratic member OF
the Senate Committee on Finance. hav-
ing succeeded to that position by the re-
tirement OF Senator Vest, OF Missouri,
his declared attitude Is OF Importance at
this time. BY virtue Of his rank on the
committee the Virginian will be the lead.
or OF the minority in whatever financial
Legislation Is proposed by the admins
traton leaders at the forthcoming extra
session Of Congress. Mr.. Daniel avows
that he does not believe there will be any
financial legislation this winter unless
the Republicans devise a scheme radically
different both from the Aldrch bill ans
the Fowler asset banking proposition. He
is unalterably opposed to the general feat
ures OF both measures, and believes that
In this position he will have the support
OF the majority OF h!F Democratic col
leagues on the Finance Committee.
He says he feels sure that Senator
Teller, OF Colorado. and Senator Money,
of Mississippi, will join him and oppose
with Wigor and determination any revis-
ion OF the currency or banking laws that
in their opinion would initiate the curren-
cy or give Increased power and privilege
tn the banks. Senator Bailey. of Texas,
who was selected for tho Finance Com.
mittee at Democratic caucus last spring,
Is supposed still to favor the Aldrch
biN.'
AN ISSUE FOR 1904,
In the opinion OF Senator Daniel. the
financial question will be the important
subject of the next Congress. It cannot
be settled at any extra session called IN
Navemhar or October, He believes twill
precpitate long debate that will cover
tho whole money question, with its old
issues and bearing on politics. He also
Is strongly impressed with the belief that
out OF the banking and financial issues
that will be preclpitated this winter In
Congress the Democrats will have a very
live and powerful issue upon which to
appeal to the country IN the campaign OF
1904,
MINORITY NOT CONSULTED.
When asked II he was Informed In gem
eral or In detail as to what Is haing done
by ssrator Aldrich and his Republican
colleagues looking to the drafting Of q
bill, Senator Daniel said;
"ToWard the close Of the special ses-
sion Of the Senate last spring was In
formed by Senator Aldrioh that a sub
committee Of the Committee on Finance
had been authorized to kt in the Waca-
tion Of the Senate to consider the coun-
Strys financial situation, with view of
framing bill for whatever relief might
be needed. He then said that In his
opinion there should be Democrats on tho
subcommittee. That Is all + ever heard
about 1t. Therefore, ] do not officially
ate Committee on Finance are being held,
81, IL conferences are being held, whether
!, they arc of11cial or merely Informal. Nc