Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-03-04
T|LLMAN'S EFFORTS BALkED
INQUIRY ABOUT BANK LOANS
REFERRED TO COMMITTEE.
Lively Colloquy Between the South
Carolina Senator and Chair
man Aldrich.

Senator Tilman of South Carolina was
effectively baked today in his effort to
obtain the passage of his resolution direct,
ing the controller of the currency to send
to the Senate detailed statement of all
loans made by the national banks of New
York city upon collateral security during
the six months beginning June l, 1907,
such statement to set forth in full the
names of the borrowers. amount of loans,
lists of stocks and bonds deposited as Sc
curity. etc. 1t went to the committee on
finance at the suggestion of Senator AL
drich of Rhode Island. but before this ac-
ton was taken there was a lively pas
sage of words between Mr.. Tillman and
Mr. Aldrich Senators Depe.W of New
York and Hale of Maine also figured in
the argument.
Senator Tillman demanded of Senator
Aldrich the reason for wanting the reso-
luton referred to the finance committee.
Mr.. Aldrich States Objections.
The Rhode Island senator replied that
it was because it contained Objectionable
features that ought to be eliminated
What are these Objectionable fea-
tures?" was the quick retort from Mr..
Tilln.an.
He was told by Mr. Aldrich that there
were many Objectionable things about his
resolution. and that the principal one was
that it demanded the names of borrowers
THAT is something that the Senate
ought not to think of doing at this time"
said Mr. Aldrich.
Nor at any time" put in Senator Bev-
eridge.
"All right" declared Mr.. Tilman. I'm
Yield to the superior wisdom of my
friend from Rhode Island. l don't care
snap about the names anyhow. I'm will
ing to cut that part out. -
Mr.. Depew just about at this point got
himself recognized, and warmly defended
New York city banks. He wanted to
know why Mr.. Tillman was seeking in
formation about stock gambings only
from New York. when all other cities of
the country have a similar business.
II am perfectly willing to take EN- all
in said Mr.. Tillman. He declared how
ever that stock gambling is worse in
New York.
Mr.. Depew came back somewhat testify
with the remark that If it We're not for
New Yorks stock business South Caro-
lima and many other states would be in a
bad way but Mr.. T'illman couldn't see 1t
that way.
New York makes us pay well for any
thing it does for U.S. he snapped.
Mr. Depew sat down with the observa-
tion that he. too, was very much opposed
to .'stock gambling. and that if the SEN
ator from South Carolina would confine
his efforts to that he would be glad TO
assist him.
Hale and Tillman Engage.
Senator Hale got into the scrap by
rising to object to further consideration
of the resolution, not knowing that it had
come over from yesterday and that SEN
ator Aldrich wanted it to go to the finance
committee. Mr. Hale got pretty much
worked up when Mr.. Tilman accused him
of trying to block legislation which was
personally displeasing to him. He told
Mr.. Tillman in effect that he didn't know
what he was talking about.
Mr. Aldrich. then renewed his sugges-
ton that the resolution be referred to
the finance committee
We'll l suppose l might as well not
say anything more, said Mr.. Tillman,
for of course. 1t will go to the commit
tee II the senator says so.
II think it ought to go to the commit
tee to be carefully considered" repeated
Mr.. Aldrich, adding that he did not want
to assume the responsibility of revising
it himself.
The senator from Rhode Island is un-
usually modest today" cried the South
Carolina senator
Mr.. Tillman then told Mr.. Aldrich that
he knew the "other side did just what
Mr. Aidrich told 1t to do on all occasions
Mr.. Tillman somewhat sullenly took his
seat.
The Vice President then announced that
the resolution would be referred to the
committee on finance.