The Cairo bulletin., 1910-03-05
SENATE AGAIN
FAILS To VOTE
POSTAL SAVINGS BANK BILL uN-
DER CONSIDERATION ALL
DAY YESTERDAY.
new RECESS IS TAKEN
Until Noon Today--Great Diversity
Of Opinion Expressed BY Many
Senators Yesterday--can-
not See the End.

Washington March 4.--After labor
ing today for almost six hours in an
atmosphere surcharged with elec.
tricity generated by sharp conflict
LOT opinion, the senate again failed to
reach vote on the Postal Saving
Bank bill, and took a recess until to.
morrow.
As a result of this action the Iegis.
lative day of March third Is continued.
There is some uncertainty as to whe-
! ther final action will even then be
reached. When the recess was taken
Senator Carter, in charge OF the bill,
said that eight senators had expires.
sions yet to be delivered and he did
not undertake to indicate an opinion
as to how many other speeches these
might provoke.
| Not during the several weeks that
1.-THE postal bill has been before the
senate has there been a day Of debate
approaching in any dgree the proceed.
iings OF today. Beginning at 1850
the flow of oratory continued with,
otu interruption until after O'Clock
when in despair of reaching an end
Carter moved for recess.
During the day there were speeches
by Senators Root, Carter, Cummins,
Rayner Clapp, Borah, Clay New.
lands and number OF Others, repre-
senting almost as many views al
there were speakers.
| The Cummins amendment to the
Smoot amendment, limiting To times
lof aWr exegencies In which posta'
ffrRdg nAy tie witlhifawH fran hunks
was the technical subject OF discus
sion during the entire sitting am
during that time there were man,
lrather acrid exchanges of views.
I Senator Root dwelt especially upoI
the necessity of protecting the credi
lof the country and he appealed strong
| ly to the patriotism OF the senat0a
in that interest. Carter strongly sec
onded this appeal, and drew even
more vivid picture of the possibilit,
lof unexpected national demand 70
funds than was presented by the New
York senator.
Both Clay and Cummins charged
Smoot with Inconsistency in origin
Ially presenting the amendment pro
b, l. lao.
funds from local banks and followin,
that up with another provision author
ing such withdrawal In contingene,
Iof needs for funds by the govern
Iment.
1 Smoot defended his course as due
to the fact that he had been con
vinced Of the unconstitutionality O
the proposed law without some pro
vision justifylng It under the borrow
ling clause of the constitution. Carter
stated frankly that his change of po
sitlon was due to the parliamentary
necessity of putting the bill I'm suef
shape as to insure a majority vote
lfor IT,
In response to the questions by
Clapp Root said his amendment con
templated the investment OF posta
funds in bonds to be issued here
after. He said he hardly thought the
board would approach the investment
in the $T30.000.000 existing two PEI
cent bonds as some had feared
Appealing for candid treatmert
of the question, Carter said even Il
the postal funds should be invested
in government securities little harm
could result, as most OF the funds
would consist Of money now boarded
He declared that the acceptance oi
I the Cummins amendment would In
sure the defeat of the bill and he ap.
pealed to all friends of the legislation
to yield to their personal opinions.
Borah supported the Cummins
amendment Controverting Root. be
asserted that the Smoot provision
would be constant threat to every
bank taking postal money.
The proposition pending, Clapp de-
clared. was different from the orig.
i inal postal savings bank scheme. and
he warned the Republicans that the
time would come when excuses
would not be taken for broken party
lpledges.'