The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-05-28
PUT THROUGH
WITH ONLY AN
HOURS DEBATE
Continued from page /.

medlately moved TO suspend the rules
ana agree 10 the report, the motion lin
lung the debate TO twenty minutes,
Ollie James Of Kentucky asked if it
would not be in order for the report to
so over until tomorrow in order that
members might be provided with cop
les. with a resOunding Whack of his
saVel the speaker only replied:
The clerk will proceed with the. read
ing. The reading of the report was
concluded at 3 o'clock.
Discussing the new bill covered by the
report, Mr.. Nreeland said that il repre-
scented the unanimous vote of the Re
publican cOnfeTees. and he expressed
the hope that it would be passed by the
Republican house.
We believe" he said, that the Re
publican party has not ceased TO be a
great constructive party. We believe
the evidence is overwhelming that the
republican party is still an adhesive
party with power TO place upon the
statute books legislation that will pre-
vent recurrence of such disaster as
Detel the American people last Octo-
ber'
Mere Partisan Pretense.
This IS a partisan pretense," de-
clared MI Glass (Na.), another minori-
!.
Nreeland had never undertaken to dis
guise the fact that he had considered
the matter from a partisan standpoint
Discussing the report, Mr.. Glass said
that IL enjoyed the unique distinction
of having been signed by every one of
the Republican cOnferees and not ap-
proved by a single one of them. Fifty
per cent of yOu," he declared lis house
infamy and so per cent is senate in
fanny, thereby making the whole bill
bad" The bill, he said. was one which
every Republican would vote for and
which no one believed in. Ii was the
most extraordinary bill ever presented
10 the house. He maintained that the
Nreeland bill did not figure In il at all.
Mr.. ollie James (Ky) said:
You have 3O00.0 600 idle men, and YOU
say put them to work Would YOU
put them to work under the provisions
of this bill?' This remark drew from
the Republicans boots and ieers.
which were offset by Democratic cheers
and applause. "Oh," he exclaimed, fac
ing the Republicans. you will howl
worse when the people get a chance at
you in November
"Makeshift" Currency.
Mr.. Cochran N. " inquired if there
could be any such thing a. a makeshift
currency. He recalled a former. speech
on the currency question, and said that
an emergency was the failure of banks
10 meet their obligations. their incapa-
city 10 pay their bills over the coun-
ter. Such incapacity in individuals. he
said, would be called bankruptcy.
which would necessitate the immediate
surrender of such capital as the indi-
Vldual placed in the hand of creditors
and their exclusion from the ranks of
active business. But when that condf-
ton overlook bank. he said. il is not
20 be considered a failure or bankrupt
cy, but an 'mergency.' and the govern
ment is To step in and relieve it,"
Mr.. Cochran put the question to Mr..
Burton whether the conference meas
ure was not intended to enable banks
TO discharge in an emergency currency
obligations contracted i'm ordinary
times. and required a categorical an
swer.
NO" replied Mr.. Burton, emphatic
ally.
The proposition covered by the bill
OF the COnfeiees. Mr. Cochran said.
narrowed down To the fact that banks !
whose business was that OF discount
should take money from their deposit |
ors and hold it and enter the field into |
which no bank ever vet entered with !
i'AfAtN ~ 10 ANHpHilbio VI Miil safety ]
TO a commercial system, and that was
to engage in the business OF invest |
ment.'
Wit of Mr.. Williams.
The minority leader, Mr.. Williams |
took the floor for three minutes. Ad- !
dressing the speaker. he said that that |
gentleman never was so highly hon |
pred in all his life as he was TODAY. /
The bill, he said ought to have been /
entitled the Cannon AIdrich political /
emergency bill" Recently, he said the |
house had held up the Aldrich bill rs /
altogether wicked, and would have /
lone of IT, The Republican senate had 1
said that the Nreeland bill was alto 1
3ether iniquitous and destructive of the /
pest interests of the country and would |
nave none OF il. II had been long be- |
ore the speaker offered up the prayer /
anything. o God, anything. II makes |
no difference what ii is. Just so / can /
10 something before the house adj /
curns. II viii not do for the Republi.
an party 10 go TO the country with alb
iolutely nothing. I must have some
hing that can be called something by |
some body somewhere"
Mr. Williams read from some recent /
emarks by Mr.. Burton. the purpose of |
which was that he was opposed to the /
he said:
Nov YOU bring back the Aldrieh /
oil. | repeat to you that nobody
wanted the miserable makeshift that
,assed the house, and told you that you
merely wanted TO go into conference so
-ou could get back with the Aldrich."
Debate Closed by Burton.
The debate was brought to a close
~ Mr.. Burton, who began by saying
hat the incompetency of the Demo-
ratio party TO rule the people was
lever more emphatically displayed |
han by its course in connection with
currency legislation.
Discussing the financial crisis of last