The Marion daily mirror. (Marion, Ohio) 1892-1912, 1908-05-26
A COMPROMISE I
CURRENCY BILL
MAY POSSIBLY BE AGREED ON
AND PASSED AT THIS sEs-
SION OF CONGRESS.
REPUBLICANS RRE FEARFUL
That " No Action is Taken, the Re.
suit VIII Be Dlsaetrovs TO Their
Party - 5arthoIdt Holds Up
Public Buildings Bill.

Washington, May 26.--Currency leg
islation was the chief topic between
leaders of the senate and house Mon
day. The revival OF the discussion
came unexpectedly and led to all
sorts of rumors OF probable agree
ment between the conferees on the
Aldrich.vreeland bill looking to the
enactment OF a measure at the pres
ent session. Many Republican mem
bers OF the house fear that II congress
should adjourn without passing an
emergency currency bill the failure to
take action would be disastrous to the
majority.
This fear was emphasized by Repre-
sentative Bartholdt Of Missouri, chair
man Of the house committee on public
buildings, who declared that he would
not submit his conference report on
the omnibus buildings bill until finan-
cial legislation had been assured. His
action holds the buildings bill, In
which 316 members OF the house and
many senators are Interested, over
the heads of ANY recalcitrant group
or faction" that may be opposed to an
agreement on emergency currency.
There are many members OF both
branches OF congress who believe
that the impression given out by
leaders that there is no hope for ac-
ton al the present session is for the
purpose Of arousing the country to
demand action before adjournment.
Early in the day the report was cir
culated In the house that there was
] a movement on foot to "dovetail' the
Aldrich and Vreeland bills, retaining
the principal features OF each. The
effect of this course would be to per
NIT individual banks to take out emer'
gency circulation on government
state. county or municipal bonds, or
as an alternative proposition to take
out emergency circulation on com
mercial paper to be guaranteed by
banks of a clearing house associa
ton, as provided by the Vreeland bill
II was the idea in the house that this
provision could be amended so as &c
be acceptable to the senRfe by defin
| ing the character Of the securities.
No sooner had this scheme for {
| compromise reached the senate thar
the Democratic leaders served notice
on Senator Aldrich that they were
| ready TO talk for n month to preven
any feature of the Vreeland bill be
coming law. Although Speaker Can
non was supposed to father the com
promise, Il met with decided opposi
ton In the house. Mr. Burton o
Ohio, one of the Republican confer
ees on the bill, had opposed the Aid
rich measure and was pledged to
considerable following to do all h,
could to prevent the adoption OF an.
Of its principles.
Conceding that the Democrats o
the senate will not yield and they ar
not so likely as the Republicans to b.
"starved out by the holding up o
the public buildings bill and that MI
Burton and his followers In the hous
cannot be persuaded TO accept tn
Aldrich bill, the chance for Legislation
is slight. II is In such a contingenc
that, according to the belief of many
public demand is expected to play
strong part.
That Speaker Cannon hopes tina
there will yet be an agreement is ir
dicated by the fact that the sergeant
alarms of the house is admonishin
members not to leave the city unit
final adjournment has been decide
upon.