The Caucasian. (Clinton, N.C.) 188?-1913, 1912-02-15

Ofeu Against Iafs Hshss AAs1"
to Investigate Money Trust hut sas
They Want Currency Problems"
;uves.iuated-sit In Mexico
Demands Uncle SANS Attention.
democratic Committee Investigate
ing the Steel Trust is Making Itself
R,dieulous-Situatio i'm China
(Speciai TO The Caucasian.
Washington, ID. c. Feb. l3. 1912
In our letter OF last week We said
that the Democratic House OF Repre-
sentatives were badly divided and
would split over the investigation OF
The money trust At that time 1t was
not thought that the majority spht
would be on the side of Wall Street,
but that Is what has happened.
It will be remembered that Con-
gressman Henry Chairman OF the
Committee on Rules, prepared ana
brought in. with the approval OF the
committee, a carefully worded reso-
lufion providing for the appointment
Of a special committee, giving that
committee ample powers and direct
ing il TO make a most searching IN
vestigation. The production OF this
resolution raised protest from the
Dig New York financial interests IN
and around Wall Street. At once
number of Congressman who are sup
nosed to be more or less friendly TO
the trusts and the money interests be-
gan an agitation to have the regular
/ Committee on Banking and Currency
/ 20 make the investigation.
VIII it be a Sham Investigation?
CONGRESSMAN Henry made vigor-
Gus fight against changing his resolu'
ton. declaring emphatically tha
those who opposed his resolution ane
who wanted the Committee on Bank
ing and Currency to take charge o
the matter were trying to prevent an.
further investigation. In short, n
charged that they were trying to side
track the investigation and white
wash the whole matter.
Mr.. Bryan came boldly TO the sup
port of Mr.. Henry and his committe
and soon there was division amoni
Democrats of very serious nature
1t was thought, however, that the ma
iority would stand with the Commit
tee On Rules. When the vote wa
taken the Wall Street side won. Es
J ery member of Congress from Mort
: Carolina voted on the Wall Stree
side.
North Carolina Democrats Try to
Explain.
r After they had thus voted, thes
Congressman, becoming uneasy aoou
the attitude of the people OF tn
State and of the country toward tn
, investigation, got together and issue
, a statement declaring that they wer
| in favor of an honest investigation
I In their statement they say:
i I'VE did not then and do not
:, now wish to be understood as be-
K ing opposed to an investigation
n of the currency and kindred
n problems.
To vote in favor of putting this IL
! vestigation in the hands of the con
e mittee that the money trust wante'
e and then to declare afterwards ths
!. they did il in good faith. Is one
s the silliest performances that al
II Congressional delegation has Dee
Il guilty of In the history of the eoul
b try. Besides, notice the wording
= their statement They do not 81
}, that they want the money trust Il
l. vestigated: they say currency al
& kindred problems.
1t The fact is nobody has proposed
d investigate the currency. "Currenc,
r has committed no crime. This is n
& e. question OF investigating pro
m lems." kindred or otherwise II Is
" question of investigating men al
at corporations and seeing what tn
IL have done to corner the money ms
in ket, produce panics. and gamble
h. the distress of the people
c. II is noticeable that Mr.. Hearst,
re his New York, Chicago. San Fra
Y. cisco and other papers, has point
G. out the danger of the whole que
es ton being white-washed and Is tna
at dering each day in his editorial @
at I.umns and warning the commit
Ill that they cannot trifie with this aus
n ton and fool the people
40 The Revolution in Mexico.
d.
The news coming from Mex
shows that the revolution against I
ar new Madero government is incre'
:. ing. Already it Is announced tt
an Germany and England are threats
no ing to send troops to Mexico TO p
y. tect German and English intereSs =
- rc;toS Gates longer DELAYS c1o