The Forrest City times., 1910-02-25

spread all through the LAND, and con
| gress has felt the effect.
Preparing Financial Measure.
Now that President Taft has sent
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 oc-
| 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
] Heves 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 q
monument to his legislative memory.
1t can be said that the chances ar
/ W In 100 that it is the intention Of
/ the administration. on the advice OF
4 the majority of the monetary com
mission, 20 recommend to congress
f 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
assem- bed, he has made no direct
i statement that he is in favor of a
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 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
central bank, but to none of them
has he given final preference, and it
+ can be said without fear of contradlc-
ton that Mr. Aldrieh 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 it be known
that it Is his earnest desire that legis-
lation intended to give stability to
the country $ currency shall have at.
taehed 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 Aldrieh 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 Kaiser.
The house of representatives has
Just passed bill appropriatine
$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 viii be sent to Kaisel
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 colonfe-
when they were trying to throw off
the yoke of Great Britain
The movement to present the von
Steuhen 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 10 present the Won Stcubcn
memorial TO the fatherand. Once on
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 VIII
liam remarked, Germans | know and
Americans I know. but German-Ameri-
cans do not know This was the
emperor's 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 1t was with
/ Frederick the Greats permission that
Baron Won Stcuben or Gen. Steuben.
as he came % be known In America.
was allowed to come 10 this country
to act as q sort OF a drillmaster in
chief to the Continental armies. Ger.
many, it is said, las 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