The Lee County journal. (Leesburg, Ga.) 1904-19??, 1907-12-20
SOLONS READY
WITH PROBES
To Inject into Financial Doings Of
the Government.
CoRTELYoU is TARGET
Senate Committee on Finance Agrees to
Draw Up Resolution Calling
for Investigation.

A Washington special says: Senator
Aldrich Tuesday informed the senate
that the committee on finance would
within very short time bring in a
resolution providing for an inquiry into
the recent bond issues of the govern
ment, and that it would provide for an
investigation into all matters containe&
in resolutions offered by senators con-
corning the financial stringency and
the efforts of the government to re-
neve the situation.
With this assurance, Senators Gull
berson of Texas and Clay of Georgia
agreed to permit their resolutions to
go to the committee for its considera-
ton, Senator Tillman allowed his reso-
lutions on the same subject to lie on
the table until he secures data he de-
sires to present to the senate.
The session Of the senate was brief.
Mr.. Culberson's resolution directs the
secretary of the treasury to supply the
senate with certain information bear
ing on the financial situation.
Mr.. Culberson said if he could be as
sured that the resolution for an inquiry
would cover the information called for
by him he would be satisfied to have
that course pursued.
Senator CIay's resolution calls for in
formation concerning the deposit OK
money in national banks. Mr.. Clay
said that up to the present time $780,
OOG90 had been deposited by the gov
eminent in national banks, and most
Of it had been on deposit during the
present year.
81 do not believe" he said in the
senate Tuesday, that we can Justify
the placing of such money in banks and =
then calling for more money by the
issue Of bonds. That system should be
investigated and condemned"
He then agreed to have his resoIu-
ton go to the committee on finance.
Senator Tillman's resolutions were
introduced Monday directing the COM
mittee on finance to make fnvestiga-
tons concerning the recent bond issues
and also relative to clearing house GER
tihcates. Mr.. Tillman said that in
view Of what had been done with 9TH
er resolutions on the same subject he
would not discuss his resolutions at
this time, but said he would like to have
them lie on the tale until he could
secure information he was endeavoring
to get. His request was agreed to.
When Senator Tillman discusses his
resolutions calling for an inquiry by
the committee on finance concerning
the legality of the issue of clearing
house certificates in various cities Of
the country, he viii be prepared to
exhibit some of these certificates to
the senate. He was engaged in secur-
ing certificates in order that he may
be enable to give an object lesson to
the senate Of what he claims has been
biA CuidJCu dp AAOACJ tlii Ou5IOub IhN
United States since the present fnan-
cial stringency set in.
Down in my country" he said,
"greenbacks have disappeared It Is
all white money down there
The fact that an agreement to refer
the Culberson and Clay. resolutions to
the finance committee and to ,bqstpone
the consideration Of the Tillman reso-
lutions was reached SO easily in the
senate, was traceab!e to the brief meet
ing Of the finance committee, which
was held just before the beginning Of
the session of the senate.
Senator Culberson has from the first
preferred to have the information
which his resolution calls for before
beginning the financial discussion in
the senate, and it is understood that
Senator Tillman is DESTROYS of accu-
mulating more material before address
ing the senate on the subject.