New-York tribune., 1907-12-11
sgREWD SENATE MOVE.
1TDRICH DEFERS DEBATE.
Democratic 4ttachs on Efforts for
Financial Relief Forestalled.
rFrom The tribune Bureau.I J

-,,,,-,ton. Dec. 10.-Senator Aldrich has
,,o-e demonstrated his right TO the title
,,.araper of the Senate by tanning galaxy
j, ,,euocratic fire eaters and forestallng pres
-. debate on the financial situation and the re-
-. financial operations Of the Secretary of the
,-oos,,ry The prospects of a wholesale denun-
,,.on OF the Cortelyou Treasury certificates
=. r,orteIvyou bond issue and the SeCretary's 5
;.-ease ef the national debt at a time when
.soro vas soSoOo00o0 Of federal funds on de-
,,.,t IN the national banks were brilliant this
,ornfne. Senators Tillnan- Culherson and
--ex had ell introduced resolutions calling on
the secretary Of the Treasury for special re-
,o-ts on recent financial operations, and each
senator purIosed TO address the Senate at
length speaking TO his resolution.
r for1eIyou cid enjoy the prospect of
49,. 5ahate and some OF the fnanciers in the
Cora+e regarded the prospective discussion as
:o,nortfne and as possibly inimical to the fast
o-u-nins confidence in business circles Con
s.onentlv. Secretary Cortelyou sent for Senator
.idrich. and the two were closeted together for
some tine. Then Mr.. Aldrich had a long talk
With William Barrett Ridgely, Controller of the
Currency
This morning Mr.. Aldrich called together the
Committee on Finance, of which he is chair
man and proceeded to have a dress rehearsal.
so ro speak, Of the prospective debate First
ne drew out the Democratic members OF the
Finance Committee and urged each 10 speak
his mind freely. This they did with great
yehernence. and any absence of Conference was
passed unnoticed by the astute chairman
When the flow OF oratory, which was, OF
course. ali behind closed DOORS had ebbed. the
Senator from Rhode Island cleverly indicated
the weak points in the arguments of his politi-
cal opponents well as the danger to the ma
tional prosperity which their statements and
conclusions might constitute
All the oldtirne skill of the manager OF the
Senate" evident in what the head of the
committee saio. Flattery, respect, sympathy
concession and adulation were all used in exact
ly the right proportions Senator Teller was
the first 70 fail before the well directed bat
.eries of the chairman. Senator Daniels came
down next. Then Senator Taliaferro. whose
own interests in Florida extensive. raised
the white flag Senator Bailey, Of Texas, made
9 fine show of resistance. but he too succurnbed
at last and brought with him Senator Money
into the eneTny's camp This accomplished. Mr.
Ald-ich sighed for more worlds to conquer, and
sent Bailey and a messenger scurrying through
the capital to bring In Senators Tillnan, Gull
berson and Clay, the authors Of the objection
sble resolutions. Tillman and Culberson came
which had proved so successful with the MEM
bers os the committee were again employed with
great effect. Then Mr.. Aldrich played his trump
card.
Gentlemen" he said in substance. 1T is far
wiser that we should conduct this little affair
here among ourselves. withhold your very able
remarks on your resolutions for the present I
pledge you my word that all in the proper time
this committee will report a most sweeping
resolution errbodying all the many excellent
points which yours embrace, possibly several
others In the mean time we will send for MI.
Corteiyou and Mr. Ridgely and between us we
viii put them through their PAGES. Unhampered
by a curious and disrespectful public, we will be
able to subject them TO such d cross-examina-
ton as they never before experienced L will
help YOU gentlemen. if there is the slightest
occasion for a mere layman TO add his inslgnin-
cant talents to the able efforts of the exception
ally capable legal talent of my Democratic
friends
When the Senate met, a few minutes later. all
of the obiectiona bic resolutions were referred 10
the Committee on Finance, practically without
debate. Mr.. Aldrich reiterated his promise OF
an adequate and comprehensive resolution at
the proper time Mr. Clay made few COM
rnents on the timeliness of his resolution, and
then subsidized.
Senator Tillman's resolutions, introduced yes
terday directing the Committee on Finance to
make Investigations concerning the recent bond
issues and also relative to Clearing House GER
tihcates were also placed before the Senate
Mfr TfIlrnan said in view Of what had been done
with the other resolutions on the same subject
he would not discuss his resolutions at this time,
but he would like to have them lie on the table
until he could secure information he was en-
dearoring to get His request was agreed TO-