The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
Resolutions Are Referred to
Finance Committee at
AIdrich's Request.
INVESTIGATING
Culberson introduces Bill Pro-
iiibiting Corporations From
Making Campaign Contribu-
lions and Requiring a
Specific Statement.

WASHINGTON, Dec. Ex-senator
'cuibersoR's resolution providing for an
inquiry by the Senate committee on
finance into the recent issue of bonds
by the government was today consid-
cred by the Senate and was sent to the
finance Committee upon a statement by
Mr.. Aldrich that the committee would
meet in : few days and report a reso-
luton Covering the entire subject.
Senator Clay's resolution calling for
information concerning the deposit of
money in national banks also was laid
before the Senate. Mr.. Clay said that
up to the present time $3.50. 900, 900 had
been deposited by the government in
national banks, and most of it had been
On deposit during the present year.
IT do not believe" he said, that we
can justify the placing of such money
in banks and hen calling for more
money by the issue of bonds. That
system should be investigated and
condemned"
Mr.. Clay then agreed to have his
resolution go to the committee on
finance.
Senator Tillman's resolutions intro
duced yesterday directing the commit
tee on nance t. make Investigations
concerning the recent bond issues and
also relative to. clearing house certi-
ficates also were placed before the
Senate.
Mr.. Tillman said in view of what
had been done with the other resolu-
tions on the same subject he would
not discuss his resolutions at this
time, but said he would like to have
them lie on the table until he could
secure information he was ~endeavoring
to get. His request was agreed to.
Senator Culberson introduced a bill
to prohibit corporations from making
contributions in connection with cleo
ions and to provide for the publica-
ton of lawful contributions in connec-
ton with elections.
The bill is in the nature of an amend
ment TO the law of January 26. 1907,
prohibiting national banks n other
coptDrations making contributions in
<foNneGtion with elections, and in adj
dition to the law as it stands he pro-
poses a provision making 1t "the duty
of every chairman, campaign manager
or treasurer of any political committee
or other person who receives contri-
buttons in money or other things of
value for or on behalf of UGH political
committee, or for or in the interest of
any candidate for a political office for
the purpose of aiding or promoting the
election or defeat of candidates for
Presidential and Vice-Presidential cleo
tors to file with the clerk of the House
of Representatives OF the United States
d statement in writing showing the
amount of money or other thing of
value contributed by each person, firm,
corporation, copartnership or associa-
ton, not prohibited by law, for the
purpose aforesaid"
Mr.. Culberson stated that the act OF
January rs. 1907, provides that it shall
be unlawful to make n contribu-
lions for political campaigns, but he
thought the law should go further and
require specific statements, as other
wise 1t might be evaded. He hoped
that the committee on privileges and
elections would use his bill as the
basis of an improved measure.
The Senate adopted a resolution offered
by Senator Galiinger calling upon the
President for all information in his pos
session relating to the declared exports
from Germany to the United States, as
shown by invoice digests of American con-
suls for the months of July, August and
September, 1907. compared with the exports
from erman for the corresponding
months of 1906.
The nomination Of Edwin M. Morgan to
be postmaster at New York city was
confirmed by the Senate.