Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1907-12-03
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Representative Sims of Tennessee has
indicated his intention of introducing at
the coming session of Congress a resolu-
ton of inquiry by what authority Secre-
tary of the Treasury Cortelyou went to
the aid of the banks with the govern
ment's money. Other southern members
are said to share Mr.. Sims hostile atti-
tude toward this policy of the govern
ment.
Postmaster General George Won L..
Myer at the Philadelphia Union League
meeting, outlined three plans for postal
progress, which will be recommended to
the next Congress, as follows: First, the
postage rate on packages to be reduced
from 16 to II cents a pound; second, that
limitation of weight of packages to be
increased from 4 to IL pounds; third, a
parcels post to be authorized from the
originates. with rates of cents for the
first pound, and cents for each addi-
tional pound to II pounds.
As the guest and principal speaker at
the banquet of the Jefferson Club of Mil
waukee. w. J. Bryan made a speech re-
garded by many as outlining the platform
for the Democratic party on which he
would be willing to run for President
next year. He said he favored Immediate
revision of the tariff on all goods in ON
petition with trust-made articles as a
means of striking down monopoly. He
opposed the national incorporation of
railroads as advocated by President
Roosevelt, saying that the railroads
would be only too glad to get out of State
jurisdiction. He would demand laws pro-
viding for the valuation of the railroads,
20 reduce rates and to prevent stock wat
ering. His idea of a reasonable rate was
such as would let companies keep their
stock at par on honest capitalization. He
would prevent corporate monopolies by
applying the license system TO concerns
controlling more than % per cent of the
output of a given industry. lie thought
the money stringency began with specu-
lation at New York. but that the western
banks were sound.
Gov. Stokes of Now Jersey has signed
the Colby bill, PRECEDING for popular ex-
preston in the selection of United States
Senators. Under this bill 1000 voters
may file petition 18th the Secretary OF
State indorsing a ember of their polit-
ical party for that Office.
Representative James A. Tawney OF
Minnesota, chairman of the committee
on appropriations of the House of Rep
resentatives, and a number of other Con
gresSmen have gone to the isthmus &c
make personal inquiry into The present
and prospective monetary necessities Of
the canal.
Representative Sibley of Pennsylvania
in a published letter says that after q
conversation with the President IN june
he was convinced that Mr. Roosevelt
meant just what he said about not ac
eeptiEs nomination next year. but thai
| four or eight years hence. bound by Nc
pledge and in violation of no unwritter
law" doubtless he will be ready to re
spond to any call for public duty.
Joseph NJ. Choate has been chosen
president of the National Civil Servics
Reform League, which al its recent But
| falo meeting commended President Rose
welt for his enforcement of civil servic'
laws and rules.
A new enterprise known as the Civic
Forum has arranged a series OF meeting
in Carnegie Hail. New York City, a.
shich addresses viii be made BY dissin
guished men from all parts of the worls
for the purpose of Influencing po9ulai
Ehos.sht on problems OF national interest
In view OF the recent serious bani
crisis in New York City. Gov. Hughes has
| appointed a comnittec Of six prominen'
bankers OF the metropolis TO investigate
the existing conditions and recommend
needed changes ID the law. The com
inifrec is headed BY President Hepburn o
The Chase %aaonal bank and IS 10 repor
Ay Dec. X. The members have asreet
10 serve witha.. 2-SS.