Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-03-05
CIapp Warns Senators That the
Time viii Come When Ex-
cuses Will Not Mend Broken
Party Pledges.
FATE OF THE MEASURE
IS NOW PROBLEMATlC
Adjournment Taken Until This
Morning in Hope That Fevid
Flow Of 0ratoy May Be
Checked.

Iiis Morning Journal special Leased wireI
! Washington, March 4.--After labor
ing almost six hours today in an at
mosphere surchanged with the elec-
tricity generated by conflict Of opin-
ion. the senate again failed to reach a
vote on the postal savings bank bin
land took recess until the following
day
The result Of his acuon is that the
legislative div Of March 8 IL contlnu-
ed until tomorrow. There Is some un-
certainty whether final action will
even then be reached. when the re-
cess was taken Senator Carter said
seven or eight senators desired to
speak ana he did not want TO guess
how many speeches might follow.
beginning at 1890 today the flow
of oratorN continued without inter-
runtion until after 8 O'Clock, when.
In despair of reaching the end Mr..
Garter moved a reSs until Has a. m.
tomorrow
During the day there we're speeches
hN Senators Root. Carter. Cummins.
RaNnor Clapp liorah, Newlands and
others, representing almost as many
views as there were speakers.
The tumnIins amendment to the
Smoot amendment. limiting to titles of
war the eXigencies IN which the post
al FUNDS may be Withdrawn from the
banks IN which they are deposited
was the technical subject Of discussion
IN the entire sitting and during that
time there were many rather acrid eX-
changes Of views senator Root dwelt
especially on the necessity OF protect
ing the credit Of the country and ap-
~. a .al.. al.
In that interest MIR. Carter
strongly seconded this appeal and drew
ln even more vivid picture of the pos
sibilitN of an unexpected national
need for funds than WAS presented by
the New Yorw senator
Both Senators clay and Cummins
nharged Alr Smoot with inconsistency
IN originally presenting an amendment
the withdrawal of the
postal funds from the local banks and
following that up with another provis-
on authorizing such Withdrawals
should the government need such
funds.
Mr.. Smoot defended his course, due
% the fact that lie had been convinced
If the unconstitutionaity Of the pro-
posed law without q provision bring
ng Il within the borrowing clause Of
he constitution Senator Carter said
luc TO the parliamentary necessity OF
iuttlnP the bill i'm such shape as to
insure its passage.
Appealing Tor candid treatment of the
uestiun MI Garter, in charge of the
in, said even II the postal funds
hould be invested in government Sc
urtics little harm could result as
lost funds would consist of money
oW boarded.
He declared that the acceptance OF
he Cummins amendment would in
Jtre the defeat OF the niH and appeal
Il to All friends Of the legislation to
ield their personal opinions.
AIR Rorah supported the Cummins
He said the Smoot pro-
ision would be constant threat to
very bank taking the postal money.
Il said those who would divert the
gislation from the purposes FOR
hich It was instituted must take the
,sponsibility for the defeat of the bill.
The proposition pending, Mr. Clapp
cleared. was totally different from
le original postal savings bank bill
ld he warned republicans that the
me would come when excuses would
II be- taken for broken party pleds-
Mr. Ciapp expressed surprise at Mr..
lrtcr's support ot the Smoot amend-
ont declaring that in many years
with the Montana sena
4 nc never had heard him advocate
g use of the postal funds for the pur-
ase of bonds
n am now | have been right along,
favor of the deposit of postal funds
the local banks. responded Mr..
rter.
eff such provision is necessary
en- the bill should be defeated. re-
rted Senator clay
Mr. CLAY called attention to the
e that the senate had adopted the
einnl amendments unanimously,
g. country he said. certainly would
nsider the senate very unstable IN
tuition He urged the recommitt-
ms of the bill
calculating that under the provis-
IS uf the bin there would he ten
lions of depositors. Mr.. Galltnger
4dicted "a serious condition in time
financial excitement.
All the ten millions would demand
,ir money. he said. "and when
81 found that the government had
think there would he war right
re
That might he ii the depositors had
confidence IN the government. re-
"a Mr. Smoot. "hut we assume they
uld have"
Not necessarily so. replied Mr..
llinger. If they were aliens. as il
believed many OF them would he"
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