Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-03-07
DRE.AIlY DISCUSSIONS
ORDER or BUSINESS

Washington. March G.--Thc postal
rawlings bank bin will he received by
the house tomorrow and promptly
sent IL several weeks Oblivion in the
committee The administration rail-
roads bill VIII have the center of the
scnate stage and the house win con-
lnue lis consideration of the approp-
riation bill
Droary discussions probably will be
he order of business for the next
few days on until congress has warm
ed 70 another of the administration
policies.
pefore the railroad bill is taken up
in earnest II Is likely that the aari-
cultural appropriation bill Will be put
through the senate, This will not
take lone, however.
Members of the house are begin
ming TO ana lyze the amendments
made to the postal savings bank bill
last Saturday The one that is caus-
inr the most comment is that which
VIII prevent postal funds being in
vested IN two per cent government
bonds while making all higher inter-
est-bearing securities available for
such investment in time of war or
other exigency.
Practically no contest was made
against this amendment when II was
offered by Senator Borah. 1t was af-
cepted BY senator Carter who had
charge of The bill and the votes
against it we're few.
IN the light OF President Taft's
New York speech calling attention 10
the obligation of the government to
sec that the holders of the two per
cent consols should not suffer loss,
and suggesting that the government
give the holders relief by using pos
tai funds to buy these low class bonds.
some members of congress see in the
senate action a direct slap at the pres
tdent In only one other way is the
adoption OF the amendment explained
and that is BY the fact that those who
We're in charge of the bill believed it
could be passed only By making con
cessions to insurgent senators. 1t ,tls
charged en- the democratic side that
the adoption of the Borah amend
ment was not in good faith. and that
it would be dropped i'm the house and
finally eliminated in conference.
Informal conferences at the White
House last week resulted in il being
agreed that the administration bills
shall he held in committee until the
appropriation bills are passed Ii this
ifiie is followed Chairman Weeks. OF
the committee on Iostoffcos and post
roads can be trusted to keen The pos
tai bank bin bottled up until the time
IS propitious Tor its passage in the
house.
The senate will have an opportunity
within few days To compare the ma
iority and the minority views of the
committee on interstate commerce in
regard 20 the administration railroad
Dill The minority report, which Will
support the hill in the form in which
it WAS finally drafted by Attorney
General Nickersham Is ready for the
presentation tomorrow Under an
agreement already reached IL viii be
printed in the record IN connection
with the report Of Senators Clapp and
tummins. which was presented sew
critl days ago.
While The debate on the railroad
MN Is likely TO last several weeks. re-
publican senate leaders have promised
President TAFT that il will be passed
without material change. Tnqucs-
iionahly this attitude viii provoke
acrid discussion accompanied hy con-