The Spanish Fork press. [volume] (Spanish Fork, Utah) 1902-current, 1910-03-04
spread all through the lard, and con.
gress has felt the effect.
Preparing Financial Measure.

to congress all of his important recon-
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 &C.
cupy the time and minds of the ma
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 a
monument to his legislative memory
1t can be said that the chances are
80 in 100 that it is the intention OF
the administration, on the advice of
the majority of the monetary com
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
mind and attention rest upon such an
institution as one of the best means,
as he views 1t. 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
central bank, but to none of them
has he given final preference, and 1t
can be said without fear of contradic-
ton that Mr.. Aldrich himself has not
stated definitely just which plan he
thinks should be selected for ultimate
approval. Mr.. Taft wants a central
bank, if the country Is to have one,
which in measure will be a mean
between two extremes.
President Taft has let 1t be known
that 1t is his earnest desire that legis-
lation intended to give stability to
the country's currency shall have at
tached to 1t no faint 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.
ton when it is finally enacted.
Gift for the kaiaer.
The house of representatives has
Just passed bill appropriating
$4,000 for replica of the statue of
the Baron Won 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
Won Steuben to the American colonies
when they were trying to throw of
the yoke of Great Britain.
The movement to present the Won
Steuben memorial to Germany was In.
itiated by Representative Richard Bar.
tholdt of st. Louis. Mr.. Bartholdt was
born In Germany. but he has lived
In this country great many years.
1t 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 Won Steuben
memorial to the fatherland. Once on
a time, If the records are not wrong,
Mr.. 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.
lean. 1t is said that Emperor VII.
liam remarked, Germans / know and
Americans | know, but German-Ameri.
cans | do not know" This was the
way of intimating that a
man must be one thing or the other.
and that he did not like hypbenated
Meant as Return Compliment.
The gift to Germany will be a sort
Of return compliment for the gift
which Wilhelm made to the United
States eight years ago of the statue
d Frederick the Great. 1t was with
frederick the Greats permission that
Baron Won Steuben or Gen. Steuben
rs he came to be known in America
was allowed to come to this country
% act as sort of a drill-master.in.
thief TO the Continental armies. Ger.
many, 1t is said, has always felt more
'r less keenTy a regret that Ameri. |
ans should have thought principally
bout Germany's attitude in the rev. !
war as one made manifest |
W the dispatch of the Hessian hire
ing troops to this country to help the
ause of the British.
The gift of the statue of Frederick
he Great, with marked reference To
he relation between Frederick and
len. Steuben, was intended as an off.
ct to the unpleasantness that is con.