The Sentinel=record., 1912-02-25

 MONEY TRUST
HOUSE ORDERS INVESTIGATION BY A VOTE OF 27o TO 8 OF
 BANKING CONDITIONS.
Republicans Vote for Measure Saying It Was Oniy Sham and Would Result in No Definite Probe
 of the Subject.

Washington, Feb 2l--An investi- gation to determine whether there is money trust operating through or in correction wida the national banks. was ordered by the house today by a vote of 27o to S. While republican regulars and insurgents protested that the inquiry as proposed was sham" and "delusion, they join ed the democratic forces in support of a compromise money trust reso- mtion and succeeded in securing all but eight republican votes In it's sup port
 Another brssch of the investigation to cover any possible violation of the antitrust law was announced during the course of the debate by Chairman Clayton of the Judiciary committee.
 A third resolution for an investiga ton of railroad monopolies was pre- scented by Chairman Adamson of the interstate commerce committee. These are expected to form the basis for the seccad and third branches of the great investigation of financial, transportation and industrial affairs.
 The threatened split in the demo- cratic ranks due to the refusal of party leaders to support the plan of Representative Henry of Texas for
 
 special Investigating committee was completely avoided by compromise resolution prepared by the rules com mittee carly in the day. It instruct ed the osnking and currency commit tee. of which Representative Puio of Louisiana is chairman, to make full investigation of banking and currency conditions, ''including all matters touched upon in house resolution No. 4O5. within the iGrlsdlction of said committed"
 This direct reference to Mir. Hen- rvs original resolution which speci- fled many changes upon which Wall street, tho railroad financial groups, the large industrial concerns and oth- CT financial powers are alleged to have conspired to control industrial and finsn.ial affairs. was accepted by the Henry and Bryan forces of the house as an adequate concession.
 The republicans. regulars and in- surgents alike. denounced the com promise resolution as failing to carry out Hhe original declaration of the democrats for money trust investi- gatica. Representative Norris of Nebraska and Lenroot of Wisconsin, lnsurgent leaders. insisted that the re- strictions placed upon the banking and currency committee by the words within the jurisdiction of said com mittee." would prevent it from mak ing any sweeping inquiry and would prohibit it from considering the oper- ations of the New York stock ex- change, the New York clearing house. or the shifting of money reserves by private parties to meet alleged de mands of financial interests.
 The united democratic forces car lied Mir. Henrys motion for the pre- vious question. after two hours de- bate. by vote of ITO to 1o6. This was the point at which the democrat ic split mad been expected Only three democrats. Representatives Diff fenderfer of Pennsylvania. Gray of Indiana and Thayer of Massachusetts. opposed the resolution, which had the effect of cutting off all amendments and stopping all debate Insurgents fought for an opportunity to amend the~resolutioa and broaden the scope of the investigation.
 In the final passage of the resolu- ton. the eight votes cast against 1t were those of Representative Austin. l Tennessee; Cannon, Illinois, DalzelL Pennsylvania; Gillet Massachusetts,; 1 Higgins. Tilson end Henry Connecti- cut; Thistlewood. Illinois, all republi- cans.