Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1908-05-28
THE HOUSE ACCEPTS
CONFERENCE REPORT.
Adopts Compromise Emergency Cor
rency Bill 1855 to 140---New Meas
ure Is Presented by vreeIand.

none of it. The Republican Senate had
voted that the Vreeland bill was alto
gether Ubiquitous and destructive of
the hest interests Of the country and
would have none Of it. 1t had not been
long before the Speaker offered up the
prayer, anything. oh God. anything.
1t makes no difference what, just so
l can call it something, before the
House adjourns. 1t will not do for
the Republican party to go to the
country with absolutely nothing. I
must have something that can be call
ed something by somebody, some-
where"
Williams read from some recent re-
marks by Burton, the purport of which
was that he was opposed to the Aldrich
bill. Facing that gentleman he said:
Now you bring back the Aldrich bill. /
replied to you that nobody wanted the
miserable makeshift that passed the
House. told you that you merely want
to go into conference so you could get
back with the Aldrich bill" 1t was a
mistake. he said to say that there was
no such thing as emergency currency.
Emergency Republican currency he
said. lis absolutely necessary to the Pc
publican party"
Burton closed the debate He said the
incompetency of the Democrats to rule
the people was never more emphatically
displayed than by it's course in connec-
ton with currency legislation.
Discussing the financial situation of last
fall, Burton characterized it as fearful"
Much of the cause of that distressing
condition he laid at the door of the rigid
ity and insufficiency of the currency sys-
tenn Of the country. He declared that
the Republicans against the solid oppo-
sition of the Democratic party were de-
terlnined to do something, SO that such
calamity might not occur again.
Burton inquired of the Democrats why
it was they had not said one word about
the fact that the basic principle of the
Williams bill was the Aldrich bill. mot
only did you make municipal and state
bonds the basis for currency" lie said.
''hut you out-Aldriched Aldrich in your
bill" He trusted the people would not
hear from the Democrats in tho next
campaign about the Aldrich bill unless
that fact was explained.
Burton admitted that he did say he
would not vote for the Aldrich bill. II
have not voted for it and am not going
to vote for it," The Democrats hooted
and laughed
Burton declared that Williams should
properly congratulate Speaker Cannon.
II congratulate you Also" he exclaimed,
"for your leadership and for the work
of the Republican members of this
House."
The present measure, Burton said.
would serve its purpose. 1t might not be
permanent and he said the conferees
placed a time limit upon it to snit that
branch of public opinion which believed
in entire reorganization Of the national
banking system. "It may be-" lie said.
that this will work SO we'll that no such
readiustment will be required"
with this bill on the statute books the
ship of commerce may go out into the
most stormy sea with this confidence that
these storms may coem and it will wealth
err them ALL"
The vote was then taken and the con-
ference report was adopted, 166 to $40.
The Democrats voted solidly against
the report and they were joined by the
following IA Republicans: Cooper. Morse
and Nelson, Wisconsin,: Brumm. Pennsyl-
vania; Fowler New Jersey: Hill and
Henry, Connecticut; Lindberg. Minneso-
ia; Murdoch. Calderhead and Campbell.
Kansas: Prince. Illinois; Waldo. New
York; Darrah, Michigan.