Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-05-26

The House and Senate republican con-
ferees of the currency bill were In ses
sion all day today. At late hour this
afternoon no decision had been reached
but indications were that before the day
is over the republicans of the House and
Senate in charge of the bill would agree
upon a measure In that event. and il
the bill should be supported by the re-
publicans of the House and Senate, the
leaders in Congress are disposed to keel
Congress in session until public pressure
brings to an end any filibusier.
The efforts of the republican conferees
were being bent today toward unanimous
agreement among themselves upon bill
which would embody the essential fea-
lures of the Aldrich bill. modified by
some features of the Vreeland bill under
proper restrictions.
Today's Conferences.
The first event of the day was the as
sembling of the republican House con-
ferees This followed meeting at the
Arlington Hotel between Senator Aldrich
and Representative Nreeland That meet
ing resulted in a tentative proposition
which, the Senate conferees thought might
be acceptable to the House conferees. At
Aldrich and Mr.. Vreeland, Mr. Aldrich
was not disposed to make such a propo-
sition.
The House conferees spent about two
hours going over the suggestions from the
Senate and then went over to the Senate
wing and assembled in the committee on
nnance room, where they We're joined by
Senator Aldrich and Senator Hale. After
they entered the conference room and
closed the doors behind them they re-
9sxif f..r t,,.a
very little could be learned as to their
proceedings. 1t is known. however that
their discussion was based entirely upon
the compromise proposition to dovetali
the Aldrlch and the Vreeland bills The
conferees realized the obstacles in the
way of getting such a measure through
the Senate, but there were some indlca-
tlonS that they would take the chances
even in the face of the prospect of delay.
III was said that as result of this
hours talk the Senate conferees showed
evidences of an inclination to give con-
SideratiOn to the suggestions which the
House conferees brought.
The principal point at issue although
there are other details. the one which
caused the greatest friction today. related
TO the amount of bonds which small banks
should hold security for the currency
taken out. The House, having yielded TO
Senator Aldrich on his contention that the
large banks in possession of bonds could
tary of the Treasury, though that all the
banks in the clearing house associa tons
should be given more leeway.
Disposed to Keep Congress Here.
The disposition among House and Sen
ate republicans this afternoon was to keep
Congress in session until it had been dem
onstrated beyond the shadow of a doubt
that agreement between the two houses
is impossible. 1t is said that Congress
can adjourn in very short time after
the currency bill has passed or after II
has been proven that il cannot pass at all
There is very strong pressure from all
parts of the country. and especially from
la nkers everywhere. for legislation. They
are saying To Congress that II there Is not
some currency legislation before adjourn
ment "A serious panic may be feared. ana
this line of argument is counted upon To
| force the democratic senators to weld u
| the pa ssaye Of any bill that may be re
az