The Columbian. [volume] (Bloomsburg, Pa.) 1866-1910, 1908-01-23
WASHINGTON
From our Regular Correspondent.
Washington, D. c., Jan. 20. 100


Washington, D. c., Jan. 20. 1908
Senator Bacon of Georgia intro
duced i'll the Senate last week the
first comprehensive financial bill
which has been presented by the
Democrats. In many OF its fea-
tures it resembles the Aldrich bill,
but a radical difference is to be
found in the provision that in times
of financial stress trust companies
and state banks shall be allowed to
issue the emergency currency under
restrictions and supervision similar
to that now exercised by the fed
eral government over national
banks. In the Finance committee,
Senator Daniel has suggested that
the tax on state bank circulation be
removed during an emergency but
he did not press the suggestion to a
vote. Senator Bailey, however,
has proposed that i'll place of leav-
ing unlimited discretion to the Sec
retary of the Treasury, the Comp
troller of the Currency and the
Treasurer of the United States to
say when and where emergency
currency shall be issued, limita-
Mons proportionate to the banking
capital and within certain geo
graphical divisions be imposed and
he suggestion has met with the
respectful consideration of the COM
mittee which has asked Mr.. Bailey
to formulate his proposition in legal
language.
Senator Aldrich, who has been
tending off the passage of the Cul-
berson resolution calling on the
Secretary Of the Treasury for in
formation relative to the sale of
Panama bonds, from day to day,
promising that a comprehensive
statement from the Secretary would
reach the Senate on Wednesday,
was finally obliged to permit the
resolution to pass as Wednesday
came and there was no statement
from Mr.. Corlelyou. 1t is expected
to reach the Senate this week, but
it is entirely probable that the
Secretary will be reticent on the
subject concerning which Mr.. Cul-
eersons resolution inquires Mr.
Culbelson is convinced that when q
report on his resolution is made it
will show that Secretary Cortelyou
has been guilty Of violation of the
law.
ms*
Senator Tillman of South Caro-
lima, at mass meeting last week
called for the purpose of bringing
together all associations in the Dis
trict of Columbia in favor of pro-
hibition, enthused his audience by
declaring it his opinion that the
people of Washington can have
prohibition if a majority of citizens
appeal to Congress for it. "You
know what you want" he said,
"but the trouble with you Is you
lon't know how to get it." The
Senator proceeded to give his hear
trs one of his practical, common
sense talks which excited the great
est interest and no little enthusiasm.
~
The recently appointed japanese
Ambassador to the United States,
Baron Kagoro Takahira, at present
Japanese Minister TO Italy, was
minister to this country during the
Ausso-Japanese War, and previous
% this duty he had served as con-
sui general at New York. He was
80 Of the plenipotentiaries Of Japan
at the Portsmouth peace conference
n 1905. He has been In the ser
vice of his government since MS
graduation from the Imperial Col
ege at Toxic and speaks English,
French and German fuently.
~4~
President Roosevelt has been as.
sured, very recently, by several
Southern politicians that Secre tary
faft would receive most of the
strength south of Mason and