Coeur d'Alene evening press. (Coeur d'Alene, Idaho) 1907-1929, 1908-03-20

Inning in the senate his unfinished |
beech on the Aldrich currency bill, |
enator La Toilette directed himself |
the charge made to his remarks
n Tuesday that the recent financial |
tringency was started by great |
ankers and financiers, declaring |
hat since he spoke on Tuesday he
ad secured additional information |
rowing that his charges were cor
ect.
Senator Gore of Oklahoma inter- |
upted to ask whether, in view of |
he charge made by the senator from
Wisconsin, the president was justi-
led in congratulating the men who
brought on the panic. Does the
enator think" he said, that Presi- |
bent Roosevelt and Secretary Cortel-
you were not star actors in that per-
ormance, or at least that they did
hot congratulate the chief actors |
when it was over?" He quoted from
letter sent by President Roosevelt |
10 Mr.. Cortelyou.
Senator La Toilette deprecated
the idea of bringing in partizan pol
tics and said he did not purpose to
be drawn into criticism of the presi-
dent, who had done the best he could
to relieve the situation and had not
thought it wise at that critical mo-
ment to attempt the punishment of
the incendiaries who had started the
confiagration the president sought to
put out.
President Met Emergency.
Whatever the agencies back of
that panic" said Senator La Toilette,
whatever the purposes were behind
it, the president and his secretary of
the treasury were confronted with a
condition. The panic was on" de-
clared the senator in tragic tones
that rang through the chamber. Il
do not know how the president re-
garded it, He was sitting there in
the White House. He was a man
who had faced all manner of dangers
without fiinching, but he was con-
fronted with a situation and the
panic was on. He saw that legiti-
mate business was in peril and the
responsibility came to him as the
head of the government and to his
secretary. the head of the treasury
department. Where else could the
money have been sent to stop the
panic, no matter what influence
might have been behind this bill?"
Senator Gore Criticizes.
Senator Gore said that he justified
the president Tin standing and deliv-
ering to these pirates and depositing
with them the peoples money when
the dagger was at his thrat; but !
can not excuse him for congratulate
ing the pirates as public spirited
benefactors. / excuse the president
for helping the incendiaries who
kindled the fire. but l can hardly go
so far as to approve his proclamation
of them as the deliyerers Of the coun-
try
Senator Gore stated that he heart
lily agreed with the senator from
Wisconsin that Mr.. Rockefeller and
Mr.. Morgan brought on this panic,
which had ripened to the point of
falling" but he did not think they
should be hailed as benefactors aft
erward.
Railroad Bond Matter
Referring to the bill as originally
reported, Senator La Toilette de-
elared. with a suggestion of a sneer.
that the railroad bonds had been
"whisked'' out of the measure.
I'VE are not through with that
proposition" he added. 1T viii APP
pear again and again until finally It
is Overwhelmingly beaten or unex-
peetedly worked in and grated upon
the currency system of this country.
He then discussed at some length
his resolution for the valuation OF
railway property. which. he said
had been sent to the committee on
interstate commerce. but was not
acted upon.
There was quite a large attend
ance Of democratic senators In theiI
places. but comparatively few repub.
ltcans. Occasionally conversations
between senator's on the republican
side caused the senator to discon.
tinue his remarks On one occasion
he remarked: III there are any