The Cairo bulletin. (Cairo, Ill.) 1???-1928, 1908-01-08
CURRENCY BILL
IS INTRODUCED
IN SENATE YESTERDAY BY
CHAIRMAN OF FINANCE COM
MlTTEE ALDRlcH.
ROOSEVELT DENOUNCED


Washington, Jan. T.-Senator All
rich today introduced in the senat
the currency bill which, FOR som
time, has been under considertion b
Republican members ofthe senat
committee on finance. At his RI
quest the bill was read in the senate
1t is understood that all Republicai
members OF the committee faYcr tn
measure except Hansbrough, who be
lieves central bank win best solv
the difficulties OF the country's cur
rency situation. He has himself III
troduced a bill providing for cen
tral bank al Chicago, and intends. i
IS believed, To vigorously uphold tha
ilea.
Republican leaders IA tho senat
as a whole, are hone sdi cf the early
passage Of the Aldrich bin They de
clare that while tbey are anxious II
should not be partisan measure
yet. il Democratic opposition should
be developed 10 the Republican PLAZA
for such LEGISLATION tAe majority viii
proceed to put the bill through the
senate as a party measrre
lie said t day II was his purpose,
when the bin was reported, to make
a statement IL explanation OF tha
measure and af his belief as to what
it should accomplish.
When asked for q statement today
as to his opinion concerning the eff
cacy OF bonds, other than those is.
sued by the government, as security
for national bank circulation as an
proved by the Aldrich bill, Chairman
Fowler, OF the house banking and cur
rency committee, replied by quoting
: rsrEa,sez II authorities ia opposition
to such plan. He refused to add any
expression of his own. but his man
'ner was such as to leave no doubt
as to his antagonism to the idea. If
not to the bill in view OF the fact
that the banking and currency com
mittee will handle the bill for the
house If II Is passes the senate. the
attitude of its chairman IL considered
significant.
Clay, of Georgia. announced that he
to have vote in the senate
to test the sentiment OF that body in
his resolution favoring federal law
To uphold the states in their efforts
to make effective prohibition with
in their borders. He wanted the
senate to pass his resolution instruct
ing the committee on judiciary to |
bring in bill to accomplish this pur-
pose, but upon objection by Nelson.
The resolution was allowed to go over
until the next meeting Of the senate.
AT 11:40 the senate adjourned until
Thursday.
The usual resolution referring the
Presidents annual message TO the
several committees furnished occa.
iion in the house today for a number
# addresses, mostly by members on
he Democratic side. These covered
! variety of subjects, but those that
Ittracted especial attentian were By
shepherd, Of Texas. and Wnlett. OF
1ew York. The former not only
made plea for the restoration OF the
egend In God We Trust" on Ameri.
an coins. but discussed the cruise of
he American battleship fleet. and re-
erred to a possible conflict with
apan.
Nillett placed all the blame for the
ecent financial panic on President
Roosevelt, whom no denounced in
evere terms. He charged the presi
ent with not being a sensible man !,
nth having turned the gas and not
be light and with going up and
own the country condemning and
triking with the big stick the heads
great industrial institutions.
Republican policies we're attacked n
y Harwick Of Georgia. who predicted Z
he only safety for the party Law in i,
lie nomination Of Taft for the presi- '
enc. Ia
The national banking laws were y
iseussed by Norris OF Nabraska. In
no urged as a protection to desposi- e
rs the taxing Of bank deposits With Id
view OF securing a fund for that .
lrpose. The resolution was pending a
hen the house adjourned until to ri
orros.. M
John J. Crockett formerly clerk Of D
'e supreme coutr Of Iowa. was today e
lpointed assistant reading clerk of "
e senate by Secretary Bennett. O.
twenty-five contestants had been n
led for the position. s.
Senator Garter. of Montana. Offer Il
a resolution in the senate TO-DAY
Hing upon the house to return 10
e senate the bill passed before the
'lidays suspending during 1907 the
v requiring that not less than 500 a
orth Of labor shall be performed on 3
ming claims in Colorado. Oregon. p.
nth Dakota. California and Idaho n
ie resolution vas objected to By Tel ltv
and went over. carter's action TO of