Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1906-12-06

uany wears the bills for river aad har-
Dor Improvements have been so wisely
constructed that Representallse Burton
has been able to go on to the floor OF the
House under the five minute rule and
have then paved ! think an adso-
cscy Of the policy to borrow money Tor
these Improvements woull be foolish.
If had my way about II would 90
that which is the most practical TOR the
whole country. Don't look Tor too
much. When the report on the river
and harbor bill comes in ! am going TO
follow Burton and take his wore"
Like Secretary Shaw, the Comptroller OF
the Currency devotes much Of his snnnuai
report 10 urging the necessity OF legislation 10
provide elasticity 10 the currency system. lie
says il is q question which involves The wei
fare and prosperity OF every sechOn o. me
land and every man, woman and ehlld IN
the United States The fact" he says.
THAT thu demand for crop moving funds
creates q d ,turbance in the money market
and raises rates for money adds just 20 much
10 The cost OF carrying end handling me
crops and reduces the price a. which farm
products are sold by the producer. The
farmer thus has a direct pecuniAry interest
in the Lroper solution Of the question. ANY
man who IS engaged in any other business
and who finds his plans tor raising money 10
terfered with or his rates raised pays me
penalty Of our imperfect system with no sd
vantage 90 anyone, unless II IS the banker,
who charges him more on his loan. To pro-
duce the much desire Ell ct the Comptroller
recommends that the laws be amended so rs to
allow oil the national banks that have been
i'm operation for not less than three years.
which have an unimpared surplus OF not
less than 20 per cent. OF their capital stock to
be permitted TO issue not to exceed 81 per
cent. of the amount Ofthe bond-covered notes
in notes uncovered by bond depos
After a spasm Of iingoisnl which caused
shivers Of excitement in The fringes Of official
circles here, the great Japanese war cloud Of
1906 seem. to have been dissipated and to
have left only the distant rumbling Ct n
court case" in California The cloud Is
now considered by the officials most concern
al TO have been part ola tremendous tenn
Dtst in teipot The exclusion of some sixty
japanese from the graded schools IN San
Francisco, two.thrds Of whom happen to be
full grown, is not now considered justification
for the wa. talk IL created, To say nothing Of
the serious dis ausson Of States rights by
members OF C0ngrts; who haven't thought a
the subject since the original states rights
ghost was laid away over forty years ago.
There is every reason to believe nat the 'apa
pese are FULLY satisfied that everything will
be done to prcterve the rights 70 which they
sre entitled b. treaty. ia iact The persons
least excited by the question in Washington
recently seem to have bien Niscount Aoki,
the Japancse ambasssdor, and The members
Of bis staff.
The japanese ambassador callel ai The
State Department today and had a bali hour ;
conference with Secretary Root. The school
difficulty war discussed end Mr.. Root and
tue Ambassador talked Of the proposed test
case to De instituted in San Francis Later
the ambassador stated that the declarations
in The Presidents messlge were very salts
factory 10 the japanese government and thai
he was sure the scnOol matter would he settled
to the satisfaction Of all concerded. When
asked &c there hal been any movement seq on
foot for Japane'C- American treaty, Wis.
count Aoki said that he had never heard OF
such thing.
There is n disposition among the House
leaders TO throw down tie gauntlet 10 Mr..
Gompers, president Of the American Fcderi-
tion of Labor. and the programme which IS
being seriously discussed is TO report nm
fayorab from ;hc committee on judiciary
every labo- measure but The Gilbert anti
Injunction bill and 10 report that fiverdbly.
The Gilbert bill, which is well known. with
q few amendments. accord with the Presi.
dents views and will doubtless be carried
through as an administration measure.