Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-03-03
ALDR|CH BILL Is DEAD
Democratic Combination In the
Senate Digs a Grave For
the Measure
HE BILL WAS SATISFACTORY
Practically the Only Objection the
Democrats Had Was That It Was a
Republican Measure-senator Bail
ey's Attitude Toward the Measure =
Washington News.


ey's Attitude Toward the Measure =
Washington News.
Washington. d. c., March 3.-The
Aldrich bill is dead. 1t was killed In
the senate last last night by dem
ocratic combination which had not
any particular objection to the bin it
self except that it was a republican
measure.
that they would filibuster to the end
of the session, and in view of this
fact the friends of the bill have given
up all hope Of passing it. Mr.. Bailey
of Texas. who previously had COM
mended the BILL suddenly took another
tack and announced that his party
colleagues were prepared to talk the
bill to death. His statement was a
frank one, and would have excited no
that Mr.. Bailey only last Saturday
made one Of the best speeches yet de-
livered in favor of the Aldrich bill.
Mr.. Bailey has spent much time
this winter over in New York engag.
ing in perfectly legitimate business OPP
erations there, altho, of course, to do
that he had to neglect his work in the
senate, which he has done persistent
ly.
Mr.. Bailey made an argument in the
senate against charging the banks any
interest. This has given rise to the
belief that his affiliations in New York
have been such that he really is the
mouthpiece Of the bankers.
Therefore. when Mr.. Bailey failed
to secure an agreement to drop the in
terest charge and followed this with an
open filibuster against the bill it was
taken that the Aldrich measure was be-
ing defeated by the banks themselves
The banks now hold $150,000,000 OF
government funds for which they do
not pay a single cent. IL the Aldrich
bill We're passed these banks would
have to contribute to the government
on the money now on deposit S2.250,000
annually, which is SO large an item
as to be worth saving.
The government has not a great deal
more money to give out, the actual sur
plus at the present time not amount
ing to much over $25,000,000, because
it is deemed safe to keep a working
balance Of $50,O00.000 in the treasury
For this reason it is rumored the banks
themselves killed the Aldrich bill
which was being pushed on the other
hand by the railroads and the holders
Of securities.
MIR Bailey's frank statement OF his
intention to talk the bill to death was
followed by windy speech from MIR.
Patterson Of Colorado, who declared
that eight or nine democrats wanted
to talk on the bill, which he said had
only been before the senate for a total
of about eight hours.
The last nail was driven in the cot
fin of the Aldrich bill apparently by the
fiery Tilhman, who declared that the
democrats in the senate had been
"buncoed by the most astute politician
in the United States. Matthew Stanley
Quay" who used the statehood bill to
kill off the trust legislation. This pro-
voked laughing reply from Mr.. Quay,
whereupon Mr.. Tillman declared that
either the democrats had been buncoed
by Quay or Quay had been buncoed by
Aldrich.
The result of this was unfortunate
for the Aldrich bill. Animosities were
aroused which. in the opinion of the
republican leaders are unsurmcunt-
al ts.st =
supreme leadership of Mr.. Aldrich HIM
self probably will be used yainly to
rescue his really meritorious financial
bill form a speedy and untimely grave.
When the Aldrich bill was taken up.
Mr.. Teller offered an amendment pro-
viding that the secretary of the treas
ury, with the written approval Of the
president, may use SO much of the
s150,000,00O of the gold reserve pro-
vided by the act of March IA, 1900. and
is not required for the faithful execu-
ton of the provisions of that act, not
exceeding s140,0oO,000.
Mr.. Teller disclaimed that in giving
his views on the bill he was seeking
to delay it's passage. He declared that
there is no public necessity for MAIN
tanning gold reserve larger than $10,-
100000
Replying to question by Mr. AL
drich, Mr.. Teller said it was beyond the
ken of man so to regulate the revenues
that the country will always have just
what it needs. The senate was about
to ratify the canal treaty, he said in
volving an expenditure of from $10,-
600, 900 to 100000, 900, the coming year.
and it also was proposed to ratify an
other treaty he did not favor, but which
will cost the government $6,000.00O a
year, which would increase to 100000
900 a year, owing to the increase of
production of sugar in Cuba. He spoke
in opposition generally to the Cuban
reciprocity treaty, and, referring to the
question of labor, said he was as much
in favor of protecting American labor
and capitol against the labor and cap
ital in Cuba as he is in any portion of
the world. There was, he said, no prin-
ciple of decent reciprocity in the
treaty.
More Riots.
Disturbances of strikers are not
nearly as grave as an Individual disor-
der of the system. Ovcrwork, loss of
sleep and nervous tension viii be fol-
lowed by an utter collaps unless a re-
There's nothing SO efficient to cure
disorders of the liver CIR kidneys as
Bitters. It's wonderful tonic
and effective nervine and the greatest
medicine for rundown sys-