The searchlight., 1912-05-03
HOUSE BEGINS ON
THE MONEY TRUST
IN SPITE OF MINORITY LEADER
MANN, PUJo's RESOLUTION
Is PASSED.
RoAsTs SPEAKER CLARK.
Illinois Congressman Caustic.-Sam-
uel Untermeyer and Edgar e.
Farrar Selected to Conduct
Probe.

Washington, ID. c. - The house
empowered its banking and currency
committee to make q sweeping in.
vestigation of the financial interests
OF the country; their relations to in
dustrial, transportation and banking
interests; and the extent to which
their inter-relations may constitute a
money trust"
BY a vote OF 241 to Is the Pujo
resolution embracing practically all
the allegation and authority Of the
original Henry money trust" reso-
luton was passed by the house i'm
mediately after Representative Mann.
OF Illinois, Republican leader. had, in
fiery speech. charged the Democrats
with trying to hold up the corpor.
ations and force them to support the
Democratic candidate for the presi.
dency. Those who voted against the
resolutions were:
Republicans-Austin, Tenn; Calder,
New York; Cannon, Illinois; Dalzell.
Pa; Draper. New York; Henry, Hig-
gins and Tilson, Conn; Howell, Utah;
Malby, New York. and Sullsway, New
Hampshire.
Democrats-Brantley, Georgia; Bul.
kelly and Whitacre. Ohio; Evans. Illi-
nois.
Representative Pujo, chairman Of
the banking and currency committee.
announced that he had telegraphed
to Samuel Untermeyer OF New York
and Edgar II. Farrar of New Orleans,
the attorneys who are to conduct the
investigation, asking them to meet
the committee at once. The attor-
neys will be asked to arrange for an
opening of the money trust" In.
Quiry.
Mann Makes Charges.
Representative Mann charged. dur
Ing the debate, that "Mr. Untermeyer
OF New York is proposing to milk
the money powers and the corpora.
tions that he is seeking to investi.
gate.
This 10 one of those Come and
see me- resolutions" said Mr.. Mann.
I'VE have an important political cam
money. They say to a corporation:
Come and show US everything you
have ever done or else put up the
stuff They say If you dare max e
a movement in favor of our political
opponents We will drag you up before
the bars OF our committee. No such
gross abuse was ever exercised in the
history Of the government"
Chairman Henry of the rules com.
mittee denied Mr.. Mann's charges.
He said the house already had passed
q presidential campaign fund pub.
licity bill, which would prevent any
"Milking Of the corporations"
Mr.. Underwood and Speaker Clark
went into a Democratic caucus and
defeated a favorable report on the
Henry resolution" said Mr.. Mann
"But these two gentlemen are candi.
dates for nomination for the presi.
dency. The gentleman from Texas
has run them to cover. He has had
his way now, representing another
candidate for the presidency. Mr.. vii
son Of New Jersey. and the distin.
guished candidates for the presidency
from Alabama and Missouri are afraid
to stand where they stood at the time
Of the Democratic caucus. They have
laid down and let the gentleman from
Texas walk over their PROSTATE bod
les"
Henry Denies Opposition.
Chairman Henry denied that either
Speaker Clark or Mr.. Underwood was
opposed to the new resolution.
They would not suppress My
Dear Hartman letters" he declared
''They would not suppress the letters
that were written by Perkins or abou,
Perkins or those records that are now
lurking in a bureau OF this govern
ment"
levee Bill Passes House.
Washington. ID. c. - The senate
bill appropriating $l.50O.o00 to repair
the crevases In the broken levees oi
the Mississippi river and its tributar
les. was passed by the house.