New-York tribune., 1912-02-15
.bRYAN|TES BEATEN IN
LAST MONEY TRUST ROW
Chairman Henry, Finding COL
leagues in Open Revolt, Is
Forced to Surrender.
HE is ASKED TO RESIGN
puio Resolution Provides Merely
for Investigation of Bank
ing and Currency Con-
ditions.
From The Tribune Bureau

Washington. Feb. 14.-At stormy
meeting of the majority members OF the
House Rules Committee to-day, at which
tRenresentative Henry, its Bryahlte
chairman. found his colleagues in open
revolt, It was decided that the committee
ebau ranort to-:norrow the Pujo resolu-
tion which leaves 10 the discretion OF the
Ranking and Currency COMMITTEE the
extent Of the investigation ii is to make
into the money trust
Chairman Henry will retreat absolute
" from his demands that the Banking
ord Currency Committee shall be in
| structed 10 investigate the money
trust" along the lines of the original
Henry resolution which was recently de
feated in the Democratic caucus inc
eurrender of Mr.. Henry came late To-
dav after some Of his Democratic col
leagues on the Rules Committee had
threatened 10 resign unless he abandoned
| his foolish and continued agitation oi
the money trust row.
| Ranresentative Hardwick. Of Georgia,
,ad the revolt against the Henry plan n
arend the Puio resolution so that II
would embody tine sweeping charges
against the money power repudiated by
the Democratic caucus. The turbulent
session Of the Democratic members was
held behind locked doors, but Mr.. Hard
,y,ck is said to have delivered, in sub
stance. the following ultimatum to the
chairman Of the committee;
"If YOU are going 10 keep up the con
slant agitation Of this subject, which is
bringing this committee and the Demo
cratic House into disrepute, YOU ought
IN resign from this committee. II you
persist and refuse TO resign / will
The remaining majority members OF
tne committee are reported to have coin
cided IN the views Of the irate Georgia
| Representative. Finding that he stood
alone in his plan to instruct the Banking
and Currency Committee as to its course
of procedure, Mr.. Henry sullenly yielded
IN the contrary opinion of his more con-
seryativr colleagues.
Chairman Henry was making the last
ncht for the Bryan contention that the
Ranking and Currency Committee If left
N it's own devices, would not make a
"reaI investigation. The Democratic
ooucus rejected the Henry plan for a
s,ociaI committee and instructed the
ranking and Currency Committee to
make the investigation. In accordance
,,i,h tba caucus action, Chairman Pujo
~ the Ranking and Currency Committee
introduced a blanket resolution providing
,,orelv that his committee should inves-
noaia "the banking and currency condi-
ions Of the country"
Tho conservative" of the House re-
.oiooA at the squelching of Mr.. Henry,
= no will take one more shot at those
y,bo have blocked the Bryan plan when
,h, resolution comes before the House.
On the Senate side the prospect of an
investigation of the money trust" grew
ao,,owhat brighter. Seuators Clapp and
C,,,,,,,,,ins who are of the opinion that
,ha s,biect falls within the scope of the
) Interstate Commerce. Committees in
nu,rv into the trust problem, have bout
doo,ded IA take up the question. Name
90 witnesses who can shed lighr- the
subject have beea suggested Senator
clam and a number of them will prob