Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1908-02-13
Sixtieth Congress.
Washington, Feb. IL.
SENATE.

SENATE.
Alleging that the Aldrich financial
bill is drawn solely in the interests of
Wall street, and that it puts in the
hands of three men, Morgan, Rookie
feller and Ryan, the power to create
pAnics and to contract or expand the
currency of The country to the extent
ofslOO, 600, 900 Ormore at theirplessure,
and to their personal profit and advsn-
age, Alfred g. Crozier, of Wilmington,
Del, in a sensational petition to the
Senate, demand the defeat OF the bill.
His petition wss presented today by
senator TillmaD, accompanied by few
characteristic remarks from the South
Oarolinisn.
Mr.. Orozier Gays that the Individual
wealth OF half dozen "pOwerful games-
tiers of Wall street" is enough TO create
corner in gold, 80 that they could
"demaDd any price therefore from
those who must have the actual gold to
pay the vast quantities Of maturing
bonds"
"Unwise currency legislation" he
saws. twill react. II will defeat the
party responsible for it, for the people
this year are 10 no mood TO overlook the
wrong of the enactment of any law b.
lieved to be for the express benefit OF
Wall street. 1t is believed that Wall
street gladly will ssap the presidency for
the rich fruits aud dangerous powers
contained in the AldIich bill, fox this
would also satisfy the well-known spirit
Of revenge, and block all progressive
legislation bstween democratic admin
istration and republican congress"
Speaking Of the recent panic, he says /:
"1t appeared, providenlislly, just be-
fore this session of congress. Many be-
lieve it was caused by its promoters to
pinch the country into huHying Congress
to hastily pass the currency legislation
they desire, to punish the administration
for enforcing the laws without fear OF
favor, TO advance interest rates, add to
reduce wages of labor and prices OF Sc
curities and property for their lawless
purposes and profit.
"The powerful master Of Wall street, "
, he continues, "sat in The gallery of the
s United States Senate the other day and
I nodded approval, as The distinguished
! /, author of the Aldrich bill spoke in sd-
vocscy of the measure"
) A bill approprisiiug S225,O0O for
new revenue cutter for Nsuspgasett
, Bay, was reported fsvorably today from
the Senate committee on commerce.
Mr.. Culbersou introduced an amend
ment which he will later offer to The
Aldrich financial bill, requiring all ma
tiousl banks to keep in their vaults tho
legal reserve and providing for the col
e lection OF interest on public deposits al
8 follows; From August to November, TO-
elusive two per cent per annumi iron
December to March, inclusive, four pc
cent and from April to July, six pc
G cent.
HOUSE.
, Charging the republicans with tryiul
|. 10 work a "stupendous confidence game
on the American people by declaring IL
their next platform for tariff revision
without indicating whether that revision
is to be up or dowL? Mr.. Champ Clarh
, hurled another philippe in the House
! today. Replying to republican foo
leader Pnyne's recent tariff speech, ClarE
sid: "Mr. Psyne's position seems TO b.
abou! this-Tariff revision and maxi
mum and minimum tariff should bS
brought about. The republicans have
D had absolute control Of all branches oil
! The government for eleven years, snd
lave left undone in this regard that which
} they ought 10 have done; but il The
a people will only overlook past omissions
D and give them q new lease of power, they
Q will revise the tariff either up or down,
snd establishe a maximum or minimum
D tariff with the Dingley rates for either
the maximum or minimum, he is not
exactly certain which; and American
voters are ssked to go to the polls and
buy these two tariff pigs in poke"
Referring to the diversity Of opinion
concerning President Roosevelt, Mr..
CLARK said:
"He cannot express MS views upon
any question under heaven without pre-
cipitating row, his extreme adherentt
swearing that there never has been such
a weather prophet on earth since Adam
and Eve were driven from the Garden
} o. Eden, and bis extreme enemies vocif'
. Grating that be knows no more about
J the weather than does ground-hog."
Tsking up the 6nsncisl situation Mr.
Clark said:
"The republican panic gave the lie
, direct to the platform declaration Of
1908, that "a republican tariff is always
, followed by businea0 prosperity, and Q
democratic tariff by business adversely. y
Mr.. Clark challenged the republican
; leaders 10 show their sincerity in the
Roosevelt measures. He promised II
they would ask unanimous consent for
the passage of an employers liabil-
ity bill every democrat would give
bis consent; that an snti-iDjunction
bill if 80 brought in, would go through
like creased lighting; that campaign