The Birmingham age-herald., 1906-01-12
JUMPS ON STREET BEFORE THE SENATE MT, Hepburn Denounces Wall
 Street and Methods MOROCCO MATTER BURIED Executive Session of Three Hours Is Held for the Consideration of the
 Bacon Resolution Calling
 for Information.
MOROCCO MATTER BURIED

Washington, January u.-Before going into executive session today, the Senate listened to a speech by MT Hepburn in support of his bill creating a national board for the control of corporations in which he denounced Wall street because of it's alleged interference with the affairs of the country. He said that when the street" could not dictate the financial course of the government, it was ever ready to threaten disaster, and he plead ed for legislation that would rob it of that power for evil. The remainder of the open session was devoted to discussion of the practice by the Senate of sending Senate resolutions to the calendar after they have once been under discussion.
 Mir. Heyburn did not call up his pure food bill as he had intended but in- stead addressed himself to his bill creat- ing national board of corporations. Among the provisions of the latter meas- ure is one denying the use of the mails to the insurance companies which are not endorsed by the proposed bureau. He said that this restriction would have the eff feet of confning insurance companies to the insurance business, and said this would prevent the use of the money of the insurance companies for the purpose of speculation in Wall street.
 Denunclation of Wall Street.
 In this connection he entered upon denunciation of Wall street and It's meth ods Ut is known as Wall street." he said, but in reality it is only a gambling club with headquarters on the Hudson river, from which 1t assumes to dictate the gen. eral policy of the country, threatening that unless this thing or that is done, 1t will wreck the country.
 "Fortunately," he added, "the time has passed when it can do that. although It once possessed that power"
 There is an unnatural and unholy con gestion of the money of the country in Wall street, and he asserted that hun dreds of millions have been accumulated there by combination of gamblers who use their power to bring about a stress in the money market
 He would have this tendency checked, so far as 1t could be done, and he believed that his bill would aid in accomplishing that result.
 The chair then laid before the Senate the message of the President transmitting the letter of Secretary Taft to him on the subject of Poultney Bigelow's maga- zine article on the condition of affairs In Panama. The papers were ordered print ed and on the suggestion of MT. Culber- son, the order was given to print MT. Bigelow's article with them.
 Moroccan Resolution Revived.
 Mir Bacon revived his Moroccan reso- lution on a point of order that the reso- lution had not been properly sent to the calendar after its discussion on Tuesday, Hence he contended that the resolution Is now properly before the Senate
 MT. Lodge suggested that the resolution could not be taken up except by vote or by unanimous consent and the chair was about to rule when MT. Bacon urged that the custom of the Senate of sending resolutions to the calendar after they had been discussed for one day is a mere practice and that there is no rule directing such disposition. He could not he said, discuss the pro- ceedings of the secret session, and made the point that the record does not show that the resolution had ever been consid- cred by the Senate or removed from it's consideration. He challenged any senator to say that the resolution had ever been discussed.
 MT. Hale admitted that there Is no rule | for sending resolutions to the calendar,
 
 | served, one senator could monopolize the morning hour of the Senate for days on any given resolution.
 Morgan Supports Bacon. | MT. Morgan, in support of Mir Bacon, said that the practice of going into sec | ret session on such questions would, if followed, give two senators the power to secure absolute cloture in the Senate. | Continuing MT. Bacon declared that there was no record that the resolution had been considered in secret session.
 How could there be?" queried Mir. Aldrich.
 "Will the senator say that 1t was con sidered in secret session?' asked MT. | Bacon
 "Will the senator from Georgia say | that It was not?' retorted MT. sAIurich. MT Bacon replied that he would so | say If permitted to do so Mir Morgan again interrupted; Ut Is evident" he said. that something did occur in secret session that we are not | here at liberty to discuss and l. move that | the doors be closed for the elucidation of the matter
 | It looked for a moment as If there | would not be a second, but Mir Morgan's | colleague, Mir. Pettus came to his rescue, and at 1 :26 p. m, the doors were closed. | At APO D. m, the Senate adjourned un- | til Monday.