Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1907-12-11
Senate Will Investigate
Recent Bond Issue.
AIdrich viii Have Resolution.
Others Sent to Committee.
Presidents Letter Prohibiting o..
iIcehoIders Campaigning.

Washington, Dec Ex-senator Aldrich
today informed the Senate that the
committee on finance would within a
very short time bring in a resolution
providing for an inquiry in the recent
bond issues of the government and that
it would provide for an investigation
into all matters contained in resolu-
tons offered by senators concerning
the financial stringency and the efforts
of the government to relieve the situa-
ton. With this assurance Senators
Culberson of Texas and Clay of Georgia
agreed to permit their resolutions to
60 TO the committee for it's considera-
ton. Senator 'Tillman allowed his reso-
lutions on the same subject to lie on the
table until he secured data he desires
10 present to the Senate.
The Senate adjourned at 1.05 p NJ
The fact that an agreement to refer
the Culberson and Clay resolutions to
the finance committee and to postpone
consideration of the Tillman resolutions
was reached so easily in the Senate
was traceabe to the brief meeting of
the finance committee which was held
just before the beginning of the SEES
sion of the Senate. An understanding
was arrived at for the disposition that
was made of the resolution. Mr. AL
rich then promised to have the mat
ter taken up at a meeting of the COM
nittee to be held Thursday, when he
said he would be willing to have adopt
ed 4 resolution upon the secretary of
the treasury for all information asked
for by the resolutions.
bn
by Senator Gallinger, calling upon the
President for all information in his pos
session relating to the declared exports
from Germany to the United States is
shown by invoice digests of American
consuls for the months of July, August
and September, 1907, compared with the
exports from Germany for the CORE
spending months of 1906.
1t is expected that the resolution will
elicit reliable information concerning the
manner in which the reciprocal tariff
agreement of July last between the two |
countries is working. If it should be
shown that under the agreement Ger |
man exports to the United States have
increased to a larger extent, as il is be-
leyed it WILL the fact win generally be |
as does Senator Gallingcr. as indicating |
that it was most largely to the advantage |
of Germany as our exports to Germany |
have not been greater during the last sew
eral months than before the arrangement |
went into effect. There has beeI COM
plant flat this country is likely to be
flooded by cheap German goods as 4 re-
suit of the reciprocal agreement.
Iy,,IIa fol
prohibit corporations from making con-
tributions in connection with elections and
to provide for the publication Of Lawful
contributions in connection with cleo
TONS
The bill is in the nature of an amend
ment to the law of Jan. 25. 1907, prohibit
ing national banks and other corporations
making political contributions. and in adj
dltion to the law as it stands he proposed
provision requiring campaign managers
TO file specific statements with the clerks
of the House of Representatives Of the
United States