The Billings gazette., 1908-03-20
PR J 'SI||D||'|||E||'v | ] ! | |
De /
ts q i @ i 81 ~ III Il 5g&1 |. sssfee
ss si IN III sTT isz3s "a ss ;s
SENATOR LAFoLLETTE SAYS Ac.s
TON DURING PANIC WAS
ONLY ONE POSSIBLE.
.ROASTS MORGAN

Still Maintains That Panic Wao
Planned and Worked out 10 ssttls
Speculative and Financial Scores
Refuses 70 ee Drawn into Partisan
Discussion. IA
Washington, March 19.-Resuming
in the senate today his unfinished
speech on the Aldrich currency bill,
Senator LaFollette directed himself
to the charge made in his remarks on
Tuesday that the recent financial
stringency was started ~ great bank
ers and syndicates, declaring that
since he spoke on tuesday he had Sc
cured additional information proving
that his charges were correct.
Senator Gore Of Oklahoma inter
5rupted, asking where. ii view of the
charge made by the senator from
Wisconsin, the president was justified
In coagratulating the men who
brought ON the panic.
Does the senator think he said.
that President Roosevelt and Secre-
tary Cortelyou were not star actors
in that performance. Or at least that
they congratulated the chief actors
when it was over!s He quoted from
a letter sent BY President Roosevelt
to Mr.. Cortelyou. III
Mr.. LaFollette deprecated the idea
Of bringing partisan politics into the
discussion, and said he did not pur.
pose osbe drawn into criticism Of the
president, who had done the best he
could to relieve the situation and had
not thought 1t was wise at that criti.
cal moment to attempt the punish
5ment Of the incendiaries who had
started the conhagration the presi.
dent sought 70 put out.
Met q sconditlon. &
Whatever the agencies were back
5of that panic" said Mr. LaFollette.
whatever the purposes were behind
it.s the president and his: secretary OF
the treasury were confronted with the
condition. N s'j ts II
"The panic was on said the sens
tor. in tones that rang through the
chamber. The panic was on. do
not know how the president regarded
II. He was sitting there II the White
House. He was q man Who had
faced all manner Of dangers without
fiinching. but he was confronted with
q situation, and the panic was On. Hs
saw that legitimate business was put
II peril. and the responsibility came
TO him as the head Of the government
and 70 his secretary q. the hsad Of
the treasury department. Whers else
could the money have been sent TO
stop the panic, no matter what infu.
snces might have been behind it!''
Senator bailey said hs asrssd With
Senator Gore: that the money should
have been sent to the banks through.
out the country whose money was IN
New York and was kept from them.
and he did not think such ! perform
ance should have been ended " .
letter Of congratulation from the
7li s 's
Il Mr.. Gore said he criticised the pres.
ident for standing and delivering to
those pirates and depositing with
them the peoples money. g sss
Agrees With LaFollstts.
Mr.. Gore stated that he heartily
agreed with the senator from Wiscon.
sin, that Mr. Rockefeller and Mr.
Morgan brought on this panic which
had ripened to the point Of falling.
but he did not think they should W
hailed . benefactors afterward. ',B.s ;ss
Il Referring to the bill - originally
Mr.. I.aFollette declared.
with 4 suggestion Of = sneerss sthat the
railroad bankers had been. I. whisked
out Of the measure" He thea ~
cussed Ct, some length hia resolution
for the valuation Of railroad proper !,
u. which, he said, had been sent IL \
the committee on interstate com. \
merce. but wis not acted, upon.
There was quite . large attendance
81 democratic senator's IN their places.
but comparatively few rspubucaus.
After speaking for more than two
hours and . half Mr.. LaFollette yield.
cd the floor with the statement .thak
he would resume his speech Monday
next.
GUILD RECOVERING.
Boston, March -. Dr. Winslow Il
sued the following bulletin at z O'clock
tonight: