New-York tribune., 1908-03-25
CURRENCY DEBATEOVER,
II TOILETTE FINISHES.
Enlarges L pom Financial Kings
Ne More Unanimous Consent.
From The Tribune Bureau.


From The Tribune Fsereanl
washington March Ex-senator La Toilette
served notice in the Senate today that never
.rair- when he is present will there be unanI-
-.ons consent The fixing OF day for vote for
r important measure This declaration
,,,rht out by the request OF Senator AIdrich for
mani irraous consent 10 taking the amendments
:, -g,c financial bill tomorrow and voting the
-,eas7re Itself before adjournment THURSDAY
senator Aldrich announced that no Senator on his
a5e of The chamber desired 10 speak further on
~ hill and Senator CuIberson said that SEN
,o- on his side had anything further TO say Sen
tor Ia Toilette said that when the railroad rate
hFg Vas passage he was unable TO speak as
1,nr as he desired because OF unanimous consent
agreement. NJ La Toilette had spoken three days
basa-e that agreement reached He had de
-.--,fre5 then. he said never again to
such ar agreement upon important measure.
NJ Aldrich said he had not the slightest desire
% cr~tail debate. but he had been informed that
No senator cared 10 speak further. and that in
asking that day oe set for a vote he was merely
foroz-ias time honored custom Of the Senate,
,-rife Senator Beveridge protesIeS mildly against
NJ La Follette's objection. calling attention 10
the extreme courtesy which Mr. Aldrich had shown
y his management or the bill Mr.. Aldrich waited
> week for Mr. La Toilette TO recover from some
sr,s-s-ositioa in order permit Of his delivering
,be three days speech which he finished to-day
Senator Teller said he thought il was perhaps.
5rs- as well not 70 place any limit the debate
From The character OF Senator la FoIlettes speech
he said me Wisconsin Senator evidently entertained
ne UNIQUE view that the AlGrich bin was intended
"a remodel the entire financial system. a. he had
e,-en advocated amendments which had long been
embodied the United States statutes From Mr.
I. Folletre's exrravagant denunciation OF the
measure. il would naturally follow THAI he must
ofer innumerahle amendments. and he would pre-
sunaby speak IN support OF each With unlimited
debate. said Nj Teller. there would be oppor-
funity opponents OF the La Toilette amend
1ents 20 explain the facts. when they would douts-
less at be voted down. For that reason he favored
Unlimited debate
After Senator La Follette's refusal the unani-
nous consent proposition. Mr. Alcr1ch gave notice
mat ne would call up his bill tomorrow, iHEne-
Giarely after the routine business, and would IN
sist on irs continuous consideration until passed
The coIloouy which resulted in Mr. AdTich's an
nouncer7ert followed the third and last iastament
Of Senator La Follette's speech in opposition 10
The Aldrich bill. Mr. La Toilette declared that his
statement the industries Of this country were
controlled by less than one hundred men had been
attacked zs sensational Declaring that such was
not the case. he said that he had been too con-
serKa-ive and that IN fact fewer men dominate
industries. He said in part:
Along with this enormous increase in trust
power has gone sIeaqE process o. S=IItL ma d 1 &
entire situation i dominated by the standard
Ua-Morgan combination The old fights between
r-ese TWO great powers have been laid aside
Sir MorEans picture adoTns the NaIl IN IN IBe n
ner room OF the fSochefeiters AZ 80 % bLpal-
vav- IN combination to-day they are working
gather IEe smaller powers Nj
the big ones Standard OIL got in on the Great
tnE swallowed Up by the combine Morse anc
feinze we're neatly pocketed during the recent
panic. The Smelrer Trust was given drub-
bfng and started in the same direction The
control. and themselves see the handwriting or
tHe wall
TIE Senator quoted John Moody 10 show an enor-
nous growth in trust consolidation and capitallza
-fon in four years. IN 1so4 Mr- Moody placed tnt
of -T7a i1tl
road trusts at $4,000 90 That amount, Nj
la Toilette said. had increased more than sl-or-
e'o 600 Or more than 80 per cent The Sl,epVs9'ets
he said, did not represent the financial comoina-
ions banks trusts and insurance companies
NJ La Toilette read several lists OF eminent
f-ancie-s whom he accorded various degrees
% power in the control Of industries. He included
Senator Depeu-. Of New York. among those who
exercised large power and held many directorships
n The form delegated power exercised by him il
mere representative capacity Mr. Depew was
IN his seat ard general laughter followed the men
Of his name.
tHe RgcECfeIlers group Of fourteen men. who he
SAID. wee big operators and men Of large power
srd interests il their right These men ne
SAD. 'fnd their best interests in working in har-
nCrr win Morgan and Standard on No COM
hlrat5an which they cou'd form among themselves
Nth others could cope with that power. he
declared. These fourteen he said, were ". h
Vanderbilt August Belmont. Frederick Weyer-
l~fT- F1eEft u FLICK J. Og1eD Armour George
=. Gould Jacob II. SchifT. E II. Hartman. Thomas
? Ryan. Louis : Swift. John Jacob Astor James
speyer. James !. Hi and ". II. Moore.
A second class Of men in The list he called the
stars OF lesser magnitude" but men Of wealth and
power NEo work II with the combine. and a few
II Tie higher ranl OF attorneys and bank presi-
cents the system This group follows. - H
DolEe- - Il Mccormick Stephen :. Palmer. Bray
ton Ives. - = Peabody G. F. Baker. J. T. Dry
ceE. = : Pos. NJ Taylor Pyne 7 Il Hubbard.
G g. Haven " J. Oakn1an- F. J. Berwind. J. B
Duke ? A Valentine " d Sloan. Adrian Iselin.
= Frederic Cromwell. 9 " Young Ledyard
Bla--- d GuEgenheiIn Y. P Suyder. A X Brady.
Edwin Eawley J. o. Mills Charles Steele. John
= Ws-e-bury. Oliver Anses. Nathaniel Thayer. Z.
Z Cary John CIasin. John r Hegeman, Z. H
Aa1Eay- 2 " Vanderbilt J. J. Mitchell T Jefer-
son Coolidge. Thomas Dolan Samuel Rea. Charles
LAME. James G. Fargo d O. Reid. Henry
Walters. Norman J.. Ream H. l. HiggInson. P
4 z. Nldeaer and r 3. Morris
~ 'he rhird group. including the rest Of the
lists. Senator Ia Toilette said that while some Of
them exercised large power and reid many d.