The Mena weekly star. (Mena, Ark.) 1904-1977, 1911-11-23
SETBACK GIVEN
ALDRICH PLAN
Resolutions Committee of Trans
Mississippi Refuses 20 En-
dorSe Scheme-Clark Adj
viseS Caution.

Kansas City, Nov. i7.-After a
strenuous session which extended
into the early hours Of today, the
resolution committee OF The Trans
Mississippi Congress framed reso-
buttons declaring the currency plan
advocated by Former Senator Aid
rich may be" a step in the right
direction. but absolutely refusing to
endorse the Aldrich plan.
John H. Kirby Of Houston, Tex.
discussing the national Industrial
conditions said the so-called re-
formers and politicians, in their
zeal TO restrict trusts by law had
unwittingly repealed the laws Of
trade, and as a result business
stagnation now prevailed.
s. II. Cowan, OF TT Worth, Tex,
also declared that there had been
too much activity by political re-
formers. Congressman Chas. Boohr
OF Missouri, a member Of the rivers
and harbors committee Of the
house, suggested that the Trans
Mississippi Congress was taking up
too many projects at this time.
C. H. Inclusion, mayor Of Paris,
Tex, and G. II. Haskell, former gov
ernor Of oklahoma. who were
scheduled 10 deliver addresses yes
terday. were unable to attend the
congress.
Speaker Clark spoke against the
Aldrich currency plan at the after
noon session yesterday, saying:
Even iinanciers of renown diff
fer widely as the poles on the Aid
rich plan Many great flnanciers
endorse it. some emphatically some
mildly and some doublfully and
hesitatingly. Such eminent men as
James ]. Hill and Leslie NJ. Shaw,
the latter secretary Of the treas
urer under two presidents, are
openly against ii on the ground that
The Aldrieh plan is essentially
monopoly.
sMr. Shaw SAYS il would be SO
profitable to few men who would
really run t. That they could well
afford TO pay the entire national
debt for o perpetual charter, as
sorting that il would make them
absolute masters of the American
business world.
Now, il such eminent financial
physicians as Doctors Aldrich, Vree-
land and Laughlin on the one hand
and Doctors Hill and Shaw on the
other hand, disagree so radically on
This subject. would we not be act
ing the part Of wise and patriotic
men TO wait long enough at least,
10 hear both sides in this impor-
tant and far-reaching matter be-
fore making UP our minds2
$50 far 1t has been largely in the
natue Of an ex-parte proceedings
Only the proponents Of the plan
have had an inning. Why then
rush pellmell into such an impor-
tant matter? Why render a YER
dict prematurely? Why not take
time, not too much, not too little,
but ample time-lhoroughly TO in
veStigate, to find out the sponsors.
10 discover the motive of this I'M
dertaking, to ascertain who are to
be its beneflciaries, to learn with
NtbHilNNNoo itit tbWHiN W JI 1pii-
eerned, to invite all with informa-
ton to testify before committees of
house and senate, vigorously to
cross-examine, to discover 'jokers.
If any are in the plan--in short to
inform ourselves as we ought to be
informed. touching a problem of
such intense interest to 100000
people now living and untold mill
lions unborn9
Individually, | am not enamored
Of the Aldrich plan. Quite the con-
irary, certainly will vote against
it if an attempt is made to rush il
through under whip and spur. It
should be thoroughly ventilated and
the light let in The safe rule.
which adopted years ago, is to
not accept a bin until | had thor
oughly informed myself Of its pro-
visions"