The Churchill county standard. (Fallon, Nev.) 1908-1920, 1908-06-25
THE WORK
Of SENATOR
NEWLANDS
Matters of Interest to People
of the Pacific Coast
States.
Father of Reclamation Act
Still Active in Interest
of Irrigation.
Continued from Last Week !

lOOntlnueu from Last w eek
The work of Senator Francis G. New
lands, of Nevada, in the first session OF
the 6Oth Congress, includes a number
of matters of interest to the people OF
the Pacific Coast States.
FINANCIAL MEASURES
In the discussion of the proposed
financial measures, Senator Newlands
saw an opportunity to advocate an en-
larged use of silver. and made use of il.
He was against both the original Aid
rich bill and also the Aldrich- -Vreelano
bill which finally passed. regard ng them
as temporary makeshifts and being in
favor of thorough-going legislation.
To this end he introduced a resolution
instructing the Senate Finance Com
mittee to report amendments to the
Vreeland bill (which had passed the
House), providing for the increase OF
the reserves required to be kept in the
vaults Of reserve city and country
banks; to forbid any national bank
from making loans of its depositors'
money to an amount exceeding five
times its capital and surplus; permit
ting State banks to become members
of the national clearing house associa-
tions proposed by the Vreeland bill,
provided they would submit to the same
regulation as TO capital, reserve, loans,
and examinations as national banks;
and creating national banking com
mission. consisting of nine members
selected by the presidents of the nation
al clearing house associations, together
with the Secretary of the Treasury and
the Comptroller of the Currency, to
advise the President, the Secretary of
the Treasury. and Congress. The
most interesting provision Of this reso-
iutien was one by which the Secretary
of the Treasury was directed to pur-
chase silver bullion as basis for the
issue of limited legal tender notes,
which it was expected to take the place
. of gold and other full legal tender in the
pockets of the people. thus enabling
the banks to increase their reserves.
Mr.. Newlands voted against the Aid
rich bills, and spoke four times in the
Senate in support of his plan. 1t is his
intention TO continue the advocacy of
the measures which he proposed. While
he is satisfied that free coinage of sill
yer is not feasible at this time, owing
to the overwhelming sentiment of the
country against it, yet he believed that
the present is a proper time to provide
for an enlarged use of silver as subsi-
diary coinage; and that this can be and
ougth to be done.
NATIONAL INCORPORATION
At the beginning of the session, Mr..
Newlands again introduced for the ma
tional incorporation of interstate car
riers, along the general lines which he
has long advocated. He regards this
step as an unavoidable one in the work.
ing out of the proper regulation of in
terstate commerce, and also as being
essential to the successful improve
ment and profitable operation of the
waterways; in other words, that the
success of waterway transportation,
after the rivers are improved, will still
be dependent upon the proper co-ord,-
nation of all the different kinds Of
transportation, by rail, by river, and
by ocean, before the possibility of un-
fair, discriminative. anl injurious COM
petition will be eliminated. He has pre-.
scented this view wherever he has spok.
en- on the subject of the waterways
and, early in January last, while ad
dressing The Traffic Club at Chicago
he made vigorous reply along thi.
line to the remarks of Judge billiard
the general counsel of the Hartman
Lines, which created something of {
sensation. Mr.. Newlands believes that
public opinion, as knowledge of tn,
subject is extended and the problem
more fully grasped, is drifting distinct
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