Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1906-01-26
seth CONGRESS.
CONTINUED from Page One.)

the conduct of affairs in Santo Domin-
go to justify our course in that island.
He also took the position that the
President had transcribed his author1-
ty there. Mr.. Hepburn spoke in sup
port of the annexation of Santo Do
mingo.
The consular reorganization bill
was read at length but was not acted
upon.
Senator LaFollette of Wisconsin ap-
peared on the floor for the first time
since he was sworn in.
Immediately after the Senate met Ia
day Tillnnan had read a letter from Prof.
William D. Marks of Philadelphia regard
ing the over-capitaliZation of railroad
corporations, in which the writer express
cd the opinion that more than half th.
railroad securities represent no real prop
critics or actual investments in cash. He
analyzed the report of the railroad COM
missioners CT Massachusetts to show that
In that state the total capitalization is
about $4,000 per mile, while he said the
cost of building and equipping railroads
in that state could not exceed $1,000 per
mile.
Money took the position that the AL
gecras conference was liable to lead to
serious complications, and that we were
endangering cur trade with Europe for =
mere pretcnce of trade with Morocco. II
declared that we had no commercial in
terests to protect and that it was no.
possible that we could have any pol.ti-
cal concern about the result of the con
ference Instead of gaining anything W.
were liable to lose-we're sure to lose TIL.
good will of the nation or nations which
We antagonize.
With reference to Santo Domingo NJ ~
ey contended that the President had mad
an explanation and his friends another
of our attitude towards that country
Money said that while he did not wish
to be considered as impeaching the wis
dom of the President and his secretary Il
state in the Santo Domingo matter, h.
did not believe that the Senate SHOULD
surrender.
THE senator from Massachusetts as.
sures u.s." he went on. that we can
trust the President | do not believe that
he meant to say that the king can do no
wrong. but to give us his assurance re-
gardng him. But we must remember
that Hell is paved with good Intentions
We will some day have n change in the
Presidency. We may sometime have in
the place of the present level-hcaded.
| even-tempered Chief Executive some hot
| headed, emotional mana man who will
not observe the requirements of the con-
stitution as, I am pleased to learn from
the senator from Massachusetts. TIL"
present occupant of the White House
| does
| He declared that the President had dona
| far more than maintain the status quo
in SantO Domingo. that he had in reality
| put the treaty into execution Just re he
| would il it had been ratified by the Sen
| ate. He did not care how salutary the
| policy might be- Money said. He denied
the power of the President to put It into
| execution without the consent of the
Senate
Speaking Of Spooner's reference to thu
| Presidents intervention for peace be
| tween Russia and Japan. Money said
| he supposed that the President con
| stantly carried a psychological moment
around in his vest pocket lie declares
| that the two nations were exhausted ana
there was nothing left for them to do but
to make peace. They were not able t.
agree upon an Asiatic or a European
| place of meeting and consequently ser
| their representatives to Portsmouth
Money agreed with Lodge that the annex
alton of Santc Domingo was undesirable
| and he declared that ''if today the United
! States would relieve herself of every is
| land of TIE sea the country would b
| immeasurably stronger"
| He added that If we continued our pol