The enterprise. [volume] (Harlem, Mont.) 1899-1926, 1912-01-11
SENATE HAS MANY
PENSION Bills
BOTH HOUSES ARE DIVIDED AS
TO GENERAL INCREASE
MEASURES.
NELSON FAVORS CRIPPLE
No Agreement Seen on Election of
Senators by pirect vote.-
Monetary Plan Is
Ready.
NELSON FAVORS CRIPPLE

Washington, Jan. 5.-There are in
dications that the senate hopper will
se full of pension bills of various
kinds. The house and senate are
divided as to the sweeping general in
crease bills that have been consid.
cred in both houses.
Senator Nelson has presented a bill
intended to deal more literally with
soldiers who were MANNED in war.
All hope of agreement between con-
ferees of the two houses of congress
on the resolution providing for cleo
ton of United States senators by di-
rect vote of the people has vanished.
The difference between the house
and the senate conferees is based on
a question of congressional super
vision. AS passed by the house the
resolution placed the control of sena-
torial elections in the hands of the
state legislatures. The senate amend
ed the resolution, leaving the control
! in the hands Of congress. This ques-
| ton has been debated by the confer
ees since the extra session and after
many meetings representatives on
each side have been unable to offer
concessions which would be &C.
ceptable
Senator Newlands of Nevada pre-
| cipitated a lively debate when he at
tempted to force upon the senate his
resolution providing for a legislative
program. He sought Intellectually to
have his resolution made the unfin-
ished business with the result that
! the ensuing discussion took a wide
range, entering the complicated field
of the tariff. The report Of the tariff
board and the board itself also
| figured.
$4,000 Asked to RepuIse Fly.
The sum of $4,000 to repulse the
invasion of the Mediterranean fruit
fly is asked in bill introduced by
Representative Hayes and Kahn of
California. California, they say, al
ready called an extra session of it's
legislature to prepare for war on it.
The invasion is threatened from the
Hawaiian islands, the fly's native
habitat, and fruit brought from there
carries the larvae which flourishes in
the California climate.
No caucus on the tariff legislative
program has been suggested yet and
it is probable that there will be none
| until the wool schedule is ready.
Monetary Plan Is Ready.
| The monetary commissions plan
| for national reserve association
when it goes to congress will pro-
vide for an organization SO constituted
| that the financial institutions of New
=, York-the seat of the money power
in the United States-will control less
than ten per cent of the total repre-
sentation in the central association,
although they possess fully 80 per cent
of the banking capital.
The South, with about ten per cent
of the banking resources of the coun-
try, would control % per cent of the
representation in the reserve associa-
ton. New England with IL per cent
of the banking capital would have
eight per cent; the middle west with
Is per cent Of the banking capital
would have 80 per cent, and the far
western and Pacific states with about
IL per cent of the banking capital
would control approximately 25 per
| cent.
by preparing such a method of Or
ganization it is expected to remove
the possibility of control of the re-
serve association from any single
group or set of men.
Fifteen branch associations will be
provided for-one in New England,
two in the eastern states, four in the
south, four in the middle west and
four in the far west. To control the
reserve association it would be neces-
sary to control a majority of the
branches. This is held to be i'm
possible.
1t has been proposed that ownership
of bank stocks by other banks be pro-
hibited, and that any bank member
Of the reserve association be forbid
den to own stocks in any other bank
1t also has been proposed that when
q bank acquires stock control in
another bank it be prohibited from
voting that stock in the main organ.
iZation.
Reduces Duties on Steel and Iron.
Washington.-A bill making a gen.
eral reduction of from 80 to IS per
cent on all steel and iron duties of the
present Payne-Aldrich tariff law was
agreed upon by house ways and
means subcommittee,
Mordkin Quits Dancers.
New York, Jan. 5.-Mikail Mordkin,
world-famous Russian dancer, with his
wife, has left the Metropolitan Opera