The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1907-12-11
DEMOCRATS WILL
ASSA|L BOND ISSUE
------
Both Senator'S Culberson and Till
man So Indicate III the
Senate.
REPUBLICANS ARE AT SEA
Times. Dispatch Bureau,
Munsey Building.

washington. ID. c., Dec. 10.
During the hour the Senate was In
open session to-day 1t was shown pref
~ clearly that 1t is the intention OF
the minority to attack the Panama
bond issue OF the Secretary OF the
Treasury and also his issue OF $780,
100000 OF 3 per cent. Treasury certin-
Gates. Both Senator Culberson and
Senator Tillman indicated on the floor
that this would be the course followed.
The Senate was In executive session
for short time. and then adjourned
without transacting any business Of
public Importance. The House was not
In session to-day.
The minority OF the Senate will
point out In the course OF criticisms VI
the Secretary OF the Treasury that
Grover Cleveland WAS denounced In se-
yerest language on the floor OF Con-
eress by Republicans for his bond Is.
sues In 1898. when funds We're abso.
lutely necessary to prevent the deple-
tlon of the gold reserve. which was
being ratded by holders of greer-
Jacks. whereas Secretary Corteiyou.
under authority from the, President
has undertaken to issue. and is Issuing
obligations OF the national Treasury 10
the amount OF $150.0o00Oo. when there
is Treasury surplus OF about six
times that amount. Several resolu-
b fSsObc iHAto0ANGn ny l1Oubc
indicate that the minority of that body
Will pursue lines similar to those OF
the attack planned by the Democrats
OF the Senate.
Meanwhile, the President and Score
tnry Cortelyou are comforting with
Tom Watson relative to financial con-
hitions. especially with regard to rene-
dies. Mr. Watson, who lunched with
the President yesterday, urged the is-
NJ tim NJ, urn avn oLg ut
once. This afternoon. at the request
Of the President. 1t Ii understood. Mr..
Watson had long talk with Mr.. Cor
teiyou. presumably along similar lines
as those followed at the White House.
Mr. Roosevelt may be thinking about
issuing greenbacks.
The Thlrd-Tcrm RESOLUTION.
Republicans are all at sea over the
Clayton resolution OF yesterday. do,
claring that no President of the
United States should accept a third
term. II Is absolutely impossible to
secure for publication a statement from
one OF them indicating the way in
which he shall vote in case a vote is
EVER had on the resolution.
There Is no doubt of tho manner in
which the Democrats OF the Senate
and House Will vote II the resolution
comes to a vote. OF course every one
OF them Will vote for the adoption OF
she resolution. II Is more than likely
that some Republicans Will vote with
hem. Certainly they would do -
were 1t not that the fear is expressed
that the adoption of the resolution may
be mtsconstrued by the country as be-
ing a Reputation of Theodore Roose-
Welt.
Until recently Congress would have
oeen regarded as being as certain IL
indorse such resolution as to indorse
one approving the doctrines of tn.
,jeclart ticn Of Independence. The hold
of President Roosevelt on the masses
Of the people and on the leaders Of his
party through his popularity with file
masses is so great that expression Of