The Carlisle independent., 1910-03-03
spread all through the land, and con gross has felt the effect.
 Preparing Financial Measure.

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 na- 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 monument to his legislative memory.
 It can be said that the chances are 99 in 100 that it is the intention Of the administration, on the advice of the majority of the monetary con- 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 he is in favor of central bank, but it is known that his institution as one of the best means, as he views it, 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 Mir Aldrich himself has not stated definitely just which plan he thinks should be selected for ultimate approval. MT. Taft wants a central bank, if the country is to have one, which in measure will be 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 countrys currency shall have at- tached to it 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 1t is finally enacted.
 Gift for the Kaiser.
 The house of representatives has just passed bill appropriating S5, 1000 for a replica of the statue of the Baron von Steuben which Is to be erected soon in Lafayette square. Washington. The replica of the statue, if 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 von Steuben to the American colonies when they were trying to throw on the yoke of Great Britain.
 The movement to present the von Steuben memorial to Germany was in- itiated by Representative Richard Bar tholdt of St. Louis. MT. Bartholdt was born in Germany, but he has lived in this country great many years. It 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 von Steuben memorial to the fatherland. Once on a time, if the records are not wrong, Mir Bartholdt was in Berlin and de- string to pay his respects to the en- peror, he requested an audience and described himself as a German-Amer- ican. It is said that Emperor Will liam remarked, Germans know and Americans I know, but German-Ameri- cans I do not know" This was the emperors way of intimating that a 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 sort of return compliment for the gift which Wilhelm made to the United States eight years ago of the statue of Frederick the Great It was with Frederick the Greats permission that Baron von Steuben or Gen. Steuben, as he came to be known in America, was allowed to come to this country to act as sort of drill-master-in- chief to the Continental armies. Ger many, it is said, has always felt more or less keenly regret that Ameri- cans should have thought principally 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 Frederick the Great, with marked reference to the relation between Frederick and Gen. Steuben, was intended as an off, set to the unpleasantness that is con- nected with the Hessian hirelings. The statue of Frederick the Great stands in front of the American war college in the city of Washington. ha rx;F