Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1908-05-21
Party Is k[NAC[D
Failure Of Conferees to Agree
on Currency Bill Endangers
Republicans
PRESIDENT MAY GET BUSY
Roosevelt Likely to Take Steps to Pre-
ventpisruptSfon of the Party-Bame
Rests With4RepubIicans = Leaders
Express Sorrow for Present situa-
ton.

Chicago May 21.-Raymond IN MS
correspondence to the Tribune says:
Fearing it will be impossible to pass
the Vreeland bill thru the senate at
the present time, MIR. Aldrich today al
most abandoned hope of currency leg
islation. and tomorrow will introduce IN
the senate joint resolution providing
for a commission of nine senators ana
the same number of representatives 10
study the financial situation and report
a comprehensive banking and currency
scheme next winter.
The differences between the house
and senate were not difficult of adjust
ment so far as the conference conliilil-
tee was concerned, but an informal poll
of the senate showed, or seemed 70
show, that the general principle OF the
house bill would provoke an almost I'M
limited discussion. The conference
committee today did not vote to DIS
agree, but it will simply make no re-
port for the present.
If within the remaining few days OF
the session conditions should chanSe
materially the conference Will meet
again and present report. otherwise
nothing will be done and the entire
conference will go over until next VIM
ter. which would still give. it the right
o, way. The general opinion is that
currency legislation now Is out OF the
question unless there is sudden wave
of public opinion or the president takes
hand.
Leaders All Express Sorrow.
This unfortunate condition is a
source of genuine regret to leaders on
both sides of the capitol. They are
afraid to go into the next campaign
with the fear of a money stringency
constantly present. 1t Is generally ad-
mitted that If there is a~panicky con-
dition turnout the country along about
next October the republicans will al
most surely lose the house OF repre-
sentatives. Speaker Cannon and SEN
ator Aldrich did the best they could 70
get together. but the difference Oh
opinion between the house and senate
seemed so radical that no one was
willing to undertake at this late stage
to hold congress in session long enough
to fight the Vreeland bill thru the SEN
ate.
There are number of older MEM
bers ofjthe senate. particularly those
from eastern states, who are entirely
out of touch with the conditions of pub
lie sentiment in the interior The demo-
Gratis, as a matter of course, do not
want any currency legislation at this
time. They fully expect that there will
be another financial stringency next
fall, and in that event they expect to
make political capital enough to carry
the house of representatives and pos
sibly even to win the presidency.
The republican leaders admit that
this is an entirely reasonable hope
from political point of view With
the president and both houses OF con-
gress republican and with an abund-
ance of time to frame up the neces-
sary legislation congress has thus far
failed to, do anything at all, in spite
of the terrible lesson of last fall.
Blame All on Republicans.
There may be no panic and no short