Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-05-25
CALLED TO THE CITY
Urgent Messages Sent to Ab-
sent congressman.
AROUSED ON CURRENCY

The postponement of the final adjourn
ment of Congress has had the effect OF
! causing renewal of the efforts to bring
about an understanding between the two
houses on the currency question. There
were no formal conferences today, but
there have been some exchanges of views
j among individual members of the Senate
! committee on finance and the House COM
mittee on banking and currency. with the
result that an informal proposition has
been made for an adjustment Mt which would
include some of the provisions of both the
Aldrich and the Vreeland bills.
/ 1t is now suggested that the House
might he brought to accept the emer-
gency bond provision of the Senate bill
| provided the asset feature of the House
| bill in modified form also could be incor-
porated in the proposed compromise
measure. 1t is said that the House would
| agree to a very strict definition or the
| character of commercial paper to be used
as security for the issuance of currency
| and the Senate has been canvassed to
| some extent for the purpose OF ascertain
| ing whether the proposition would be ac'
ceptable 1t is realized that 1t would be
quite impossible to obtain action in the
| Senate in case of any very stubborn op-
| position by even one or two senators. and
| it would be necessary to get in advance
| practically unanimous consent to the pas
sage of the bill. 1t also would be neces-
! sary to secure almost all the republican
members of the House in support Of the
| measure. and it remains to be seen
wheth her this can be done.
! The plan is still in an incipient stage,
/ but the next day or two will serve to
| demonstrate whether it can be put into
| execution.
May Delay Adjournment.
! Some of the republican leaders of the
! House declared this afternoon that if ii
/ should be necessary to have few days
| delay in order to frame up the currency
BILL it would be better for Congress to
stay in session during that time than to
adjourn without acting on this important
matter The opinion is growing among
! members of the House that it Is vitality
| essential to the business welfare of the
country for the period during the recess
| of Congress to have some kind OF emer-
| gency currency legislation on the statute
/ books These men think that in such cir
| cumstances it will be a grave political
mistake for which the party in power will
be held responsible if Congress should
| adjourn without acting.
The main hope for agreement upon a
currency bill lies in the political neces-
! sity. 1t is the profound conviction of the
men who hold high rank in the leader
| ship of the House, and who will be re-
| sponsibe for the coming congressional
| campaign by reason of their connection
| with the political committees, that the
| country will surely hold the republican
party responsible if financial panic
| should develop between now and next No
| vember and if there should not be on the
| statute books an emergency currency bill
| The democrats are not paying much at.
| tention TO the fight. except to embarrass
| the republicans wherever they see a
| chance They realize that they are not
| responsible for legislation and that they
can criticse everything that Is done with
out being required to propose something
! better.
Members Sent For.
About score of republican members
! who. anticipating the early adjournment
of Congress. have already left for their
homes have been sent for. The sergeant
alarms of the House today sent tele-
grams to these members ordering them to
return to Washington at once. This
| action is made necessary by the desire OF
the House leaders to pass currency bill
with persistent democratic filibuster and
with quite a number of republican insur-
gents. who cannot be depended on to stay
in line under the party whip 4 couple
of dozen other republicans WHO had in
tended to ledve town tomorrow. expecting
that Congress would then adjourn. have
been notified to remain indefinitely.
| Speaker Cannon said today that Con-
gress might be in session another ten
| days. II is believed. however. that this is
pessimistic view of the situation. and
| we'll informed members still say that ad.
iournment will come probably Thursday
tl