The Rich Hill tribune. (Rich Hill, Mo.) 1903-1911, 1908-05-07
The SlSTIETR CONGRESS-
CONDENSED NEWS FROM THE
NATIONAL CAPITOL
The Meet important items Gathered
From Each Days Session %
Senate and House.


--
Washington. ID. CAS- the result OF
a series Of conferences between Re
publican leaders in the house. the last
Of which was held Wednesday, Repre-
sentative Vreeland OF New York late
Wednesday introduced A bill to take
the place OF the currency bill present
ed by him last week. In the new bill,
which Is declared to represent the
views Of a substantial majority OF the
Republican members and which Is the
measure that viii be presented to the
conference Of the Republicans OF the
house to be held within a few days.
nothing is left Of the Aldrfch currency
bin except the provision for the pay
ment Of interest on government de
posits In national banks. The provis-
ions for the issuance OF emergency
currency on corporate bonds are en-
tirely swept away.
The new bill provides for the for
nation OF national clearing house as
s0Ciations by not less than ten ma
ti0nal banks having an aggregate capt.
tai and surplus OF not less than S..
100000. A tax OF 4 per cent on emer-
gency circulation based on clearing
house association securities is pro
vided for the first month, this tax to
be increased I per cent each month
until it reaches 10 per cent where Il Is
TO remain until the circulation is re
tired.
A,otb,r r,atf,, 80 a. hu --.~tg,-
for the creation OF . currency commits
sion to consist OF six members OF the
house. six OF the senate and six to be
appointed by the president
Washington, D. C-More evidence
tending 20 show that there IS a com
binasicn Of paper manufacturer to fix
the price Of news print paper in the
United States vas adduced Wednes-
day before the special committee OF
the house which is investigating the
subject Of duty on wood pulp and print
paper as affecting the price in the
United States. Mr.. John Norris, Of
the New York Times and represent
ing the paper committee OF the Ameri-
can Newspaper Publishers association.
continued his testimony and presented
numerous letters and documents 70
bear out his contention. Apparently
the committee was particularly i'm
pressed with the annual statement OF
the International Paper company for
the fiscal year ended June 80. 1907.
showing an increased cost OF produc.
ton Of GO cents a ton as against the
raise Of price Of paper of SO a ton.
Chairman Mann. approaching the i'm
portance Of this testimony announced
that he would so to the bottom 20 rs.
certain the cause OF so large an IN
crease in the price Of paper.
Applause From Both sides.
Washington, d. C.-Ostensibly con.
sidering the sundry civil appropriation
bill, the house devoted most OF its
time Tuesday TO speeches covering a
wide range Of subjects and concluded
the session by giving an attentive
hearing to the presidents special mes
sage. Although nearly every member
had read the message IN the newspa-
pers. a large number remained in their
seats carefully following the words OF
the reading clerk When the portion
Of the message referring to the multi
millionaire whose son is a fool and
his daughter a foreign princess" was
reached there was a storm OF applause
equally prominent on both sides OF the
house.
Whitney Wrote the Letters.
Washington. d. C-Fred n. Whit
ney formerly an attorney for the Lake
Torpedo Boat company. Thursday con
fessed that he had written the antony
nous letters which have figured Ia the
Lilley submarine boat Investigation. Il
was announced at tho close Of Thurs.
days session that there would be no
more open meetings by the committee.
Secretary straus Rs-Appolnted.
Washington. D. C-presldeut Roose
welt IN a formal letter Thursday notl.
FED Secretary Straus OF the depart
meut OF commerce and labor that ne
had re-appointed him for another term
Of six years as one OF the American
members OF the Permanent Court OF
Arbitration AZ The Hague.
Warner Unable 10 Finish Speech.
Washington. %. C.-Bocause Of a
severe cold, which has confined him
20 his home. Senator Warner did not
resume his speech on the Brownsville
ARRAY 10 the senate Wednesday Mr.
Warmers speech viii now be- read By
some COLLEAGUE and In that manner
eor.rr.t-H