Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1910-12-27
CURRENCY BILL
HAS SMALL SHOW
Monetary Commission Appointed
Several Years Ago Is Not Yet
Ready to Report.
GRAVES INVITES CRITICISM
Chief Forester Takes Pinchot's Posi-
ton on Forests and Water Flow
Republican Factions Unite In
Favor of Commission Bill.
By GEORGE CLINTON.

BY GEORGE CLINTON.
Washington-It is known from men
who stand close to the administration
that President Taft is becoming fear
fnl lest nothing of great and lasting
value shall come out of the movement
for currency reform Immediately
after the business disturbance of 1907
congress passed temporary currency
measure which it was hoped would
make in part for stability in time of
monetary stress. The act was passed
only as a temporary safeguard and it
was not deemed By members Of either
party to be at all sufficient to the mat
ter in hand.
Congress with the advice of the
president appointed a national none
tary commission with representatives
OF house and senate in its member
ship. The commission has been study
ing currency matters for upwards of
two years and it was believed that the
report would be made at the present
session so that the recommended
legislation could be passed
There is no chance nov that the
currency bin will be passed this win
ter. The committee is not yet ready
to report and the explanation is that
the subject was so great and that so
many differences of opinion existed
among the representatives of financial
interests that it was difficult to get at
the exact truth and thus early to
frame bill which would be generally
satisfactory.
Chief Members Leaving Senate
Senator Aldrich is the chairman of
the commission. He will leave the
senate in March and of course will not
be present on the floor to explain and
defend the currency bill when 1t is
finally introduced. Senator Burrows
of Michigan, the second ranking mem
Der of the commission, also will leave
the senate in March. Philander G..
Knox, who was a senator when the
commission was appointed and who
still is connected with it, left the SEN
ate to become secretary OF state. Hen
ry M. Teller of Colorado, who was also
a senator when appointed to the COM
mission, is now in private life, al
though still holding his place on the
monetary board. fernando d. Money
Of Mississippi, another commission
member, will lose his senate Office in
the spring.
The only Republican senator who
also is member of the commission
snd who will continue in senatorial
office Is Theodore E. Burton of Ohio.
On him will fall the entire burden of
presenting the views of the commits
sion majority when the time comes to
press for action a bill based on the
body's report
In the house there will be several
Republican members of the commits
sion still in Office, but it must be re-
membered that the Democrats at the
next congress will have control of the
house and it is more than possible
that their currency reform views will
not be those of the Republican major
ity of the commission. All these things
make the administration fear that q
part at least of the work of the com
mission will go for naught. There is
said to be one hope left that the COM
missions findings will be sanctioned
in bill form by house and senate no
matter what the political majority
may be. Commercial interests all
over the country are urging that some
thing like stable monetary legislation
shall be enacted and be enacted
quickly.
To Celebrate Battle of Lake Erie.
General Warren Keifer of Ohio, a
member Of the house of representa-
tives, has introduced a bill appropriate
ing S250,000 to be used for the purpose
of celebration during the summer of
1913 in honor of the one hundredth an
niversary of the Battle of Lake Erie
1t is said that congress, even in this
time of striving for rigid economy,
looks with considerable approval upon
General Keifers proposition 1t is al
together too early, however, to Judge
of the chances of the appropriation S
success for there is a feeling in some
quarters that stop ought to be put
to the practice of voting money for
celebrations that take OIL in any way
the form of great expositions or fairs
The Battle of Lake Ere was fought
by Commodore Perry in small vessels,
some of them little more than barges,
but the victory that he won was of
great importance and, like the battle
between the Chesapeake and Shannon.
it gave a watchword to the American
navy
Like the Former Forester.
Henry s. Graves. the chief forester
of the United States. who succeeded
Clifford Pinchot, has just given con-
gress sharp evidence that he stands
in certain matters just where his
predecessor in office stood. The new
forester seems to have the same mill
tant intent that characterized the war
like Pinchot.
For years the men who want to
save the forests of the country have
been trying to get congress to sane
ton a bill which would set aside a
great woodland reserve in the south
ern Appalachian mountains. and in
the White mountains of New Hamp-