The Montgomery advertiser., 1907-12-17
PULLMAN USES PLAIN WORDS Handles Roosevelt With
 Gloves Off. SAYS LAW WAS VIOLATED South Carolina Senator Wants a
 Full Investigation. In His Speech Tn The Senate, Mir. TiIl- man Exhibited . Clearing House
 Certificate As Specimen
 Of Panic.

TiIlman said he believed that President Roosevelt was a patriot and that while he had been guilty of many indiscre- tions and said many things which in other moments he would have taken out of prirt. he did Lot believe dhat the President felt any satisfaction whatever in having been instrumentai in the present financial paralysis. as has been charged.
 Mr. Tillman criticized the comptrol- Ter of the currency. All they had to do, he said. was to be present and look nice and that when they retired from office, they were immediately appointed president of national banks and big trust companies and became kings of finance. In regard to bank failures and defalcations. MT. Tillman said that the President had claimed to have turned on the light. He wanted to know, however. why he had not also turned on the handcuffs when he found a fellow stealing.
 Mir. T!liman said he did not know whether the criticism of the chairman of the House Committee on Banking and Currency tFowler of New Jersey), had caused the Secretary of the Treas ury to halt In the issuance of bonds but change of plan seemed to have been m&ue anu ne Hdu nut uccu 6bie to learn how much of the proposed bond issue had been put out. He ex- pressed the opinion that the secretary had violated the spirit of law if he had not not violated the law itself.
 Republicans Leave Chamber.
 Although Mir. Tiliman was speaking on a resolution providing for an in- vestigation custom on finance. there was not a single Republican member of the committee in the Senate cham Der. few minutes after he began his address.
 Speaking of 8 published interview with the President hy Mayor pahlman of omaha, in which the President is alleged to have said that if he was responsibIe for the panic. he was glad of 1t as 1t had brought to view the rotten conditions of the country's finance. He said:
 1T fear MT. Dahlman is in imminent danger of joining the Ananias Club. Perhaps somebody here will use the telephone and find out about that"
 He said that he would not worry about the panic. but he found so many facts connecting the Treasury De- partment, even the Senate and the House of Representatives with Wall Street, that he was obliged to recog- nize them especially as the farmer, the cotton planter and the manufacturer were affected. He said he wanted to Know who struck Billy Patterson?"
 He spoke of the manner in which the financial stringency was operated.
 And" he added, the President says he Is proud of 1t. At least Dahlman said many things lacking discretion. but I do not believe he is so callous as to feel any pleasure in the condi- ton of paralysis which confronts us. believe he is a patriot, though he has perhaps shown 1t badly at times"
 The Senator held aloft a clearing house certificate. and in a loud voice called upon the Senate to look at 1t.
 Here is a specimen" he declared. Looks like what you call Confeder- ate money shin plaster. and yet they are issued by national banks. Look at it. am going to have 1t engraved if 1t can be done without destroying it and put 1t in the Congressional Re cord. But I do not propose to have 1t destroyed and lose a dollar just to enlighten you on currency"
 Wants Only Greenbacks.
 He wanted only good greenbacks and in respiring tones, speaking of the ne- cessity of money. said:
 You will have to go to the bone yard if you can't get 1t.
 As between the shin pIasters" in the
  greenbacks. he said he would prefer greenbacks based on railroad. and other stocks and bonds, although they were in his opinion filled with water.
 He was. he said. in daily receipt of letters from people who think they know all about the currency and have schemes for currency reform.
 But I don't even read them" he said :.....
 It had been alleged. he said. that the bonds recently issued had not been sold to the highest bidders. and he read a newspaper copy of letter by MT. Schram, of New York. saying he had bid 103 1-2 on $5O.000 of the bonds. but had not received any of them. although they had been sold as low as 102. The Committee on Finances, he added. could find out whether that is true
 "The Comptrollers of the Currency" he said "are so complaisant and po- lite while they are in office but almost every one of them has graduated into the Presidency of bank"
 He named MT, Dawes as one of them. and tried to think of others.
 "Who was that Democrat he asked. and when some one mentioned MT. Eek els. said that he. too. had attained this distinction.
 The officials about the President, he said. go out to join the kings of finance,
 ''The President turns on the light. Why don't he turn on the handcuffs when he finds somebody stealing? He goes to the country and makes speech es and destroys the confidence of the people but we do not ind him putting anybody in prison.
 He referred to resolution he had introduced in the Senate a year ago for an inquiry into the failure of the hanks of which John R. Walsh of Chi cago was the president. but a year and A half had gone by before the trial had begun As Walsh Is under trial he said he would not comment fur thcr upon that subject. He had on Saturday telegraphed the District At torney in New York asking about re- cent bank failures. but that official replied that he could not give out in formation regarding the investigation that is being made
 T expected to pc put ofr." declared the Senator. That seems to be the policy of the Department of Justice and the Treasury Department.
 MT. Tillman concluded his speech at a.os o'clock having talked for about