Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1910-02-25
spread all through the land, and con-
gress has felt the effect.
prenarina Financial Meaaure


Preparing Financial Measure.
Now that President Taft has sent
to congress all of his important recon-
mendations that he has a hope will
be enacted into law this winter, he is
turning his attention to the question
of financial legislation which must oc-
cupy the time and minds of the ma
tional legislators. Senator Aldrich,
who is the chairman of the national
monetary commission, is in constant
conference with the president over
the form which the great financial
measure is to take. The president be-
lieves that Senator Aldrich, in this
matter of reform of the currency, is
absolutely sincere and that the Rhode
Islander hopes to make constructive
financial Legislation something like a
monument to his Legislative memory.
1t can be said that the chances are
80 in 100 that 1t is the intention OF
the administration, on the advice of
the majority of the monetary COM
mission, to recommend to congress
next year some plan for a central
bank OF issue. In all the speeches
which Senator Aldrich made in the
west and in all the interviews to
which he has submitted since congress
assembled, he has made no direct
statement that ne is in favor of a
central bank, but 1t is known that his
mind and attention rest upon such an
institution as one of the best means,
as he views 1t, to make stable the
country's financial system.
Details Not Worked Out.
The president has had presented to
| him a number of different plans for
a central bank, but to none of them
has he given final preference, and 1t
can be said without fear of contradic-
tion that Mr.. AlGrich himself has not
stated definitely just which plan he
thinks should be selected for ultimate
approval. Mr.. Taft wants a central
bank. II the country is to have one.
which in measure will be a mean
between two extremes.
President Taft has let it be known
that It Is his earnest desire that legis-
lation intended to give stability to
the country's currency shall have at
tached to 1t no taint of suspicion of
what is generally called Wall street
influence. The president is telling his
friends that he is confident, from what
Senator Aldrich tells him, that the
Rhode Islander Is no less anxious than
he to see to it that Wall street shall
in no way be given an entering wedge
OF influence by means Of the legisla-
tion when It is finally enacted.
Gift for the Kaiser.
The house of representatives has
Just passed bill appropriating
$4,000 for a replica of the statue OF
the Baron Won Steuben which Is to
be erected soon in Lafayette square,
Washington. The replica of the
statue, II the senate sanctions the
house action and the president signs
the bill, will be sent to Kaiser
Wilhelm and the German people in the
name OF the people of America as a
grateful recognition Of the services OF
Won Steuben to the American colonies
when they we're trying to throw OF
the yoke of Great Britain.
The movement to present the Won
Steuben memorial to Germany was In
itiated by Representative Richard Bar.
tholdt of st. Louis. Mr. Bartholdt was
born In Germany. but he has lived
in this country great many years.
1t is perhaps possible that the st.
Louis representative had the German
people in mind more than the Ger
man emperor when he first thought
Of plan to present the Won Steuben
memorial to the fatherland. Once on
time, II the records are not wrong.
Mr.. Bartholdt was in Berlin and de.
string to pay his respects to the EN-.
peror, he requested an audience and
described himself as q German-Amer.
lean. It Is said that Emperor VIII.
, liam remarked, Germans l know and
Americans know, but German-Ameri
cans I do not know" This was the
emperor's way of intimating that q
man must be one thing or the other
and that he did not like hyphenated
nationalities.
= Meant as Return Compliment.
The gift to Germany will be a sort
of return compliment for the gift
J which Wilhelm made to the United
States eight years ago of the statue
| of Frederick the Great. II was with
Frederick the Greats permission that
! Baron Won Steuben or Gen. Steuben
J as he came to be known In America
: was allowed to come to this country
to act as a sort of a drill-master-in
J chief to the Continental armies. Ger
} many. It is said, has always felt more
or less keenly a regret that Ameri
cans should have thought principally
J about Germanys attitude in the rev
olutionary war as one made manifest
: by the dispatch OF the Hessian hire
ling troops to this country to help the
cause of the British.
The gift of the statue OF Frederich
the Great, with marked reference tC
the relation between Frederick and
. Gen Stauhan was intended nc an off