Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1912-02-12
SHERWOOD BILL.
TURNED DOWN
Smoot Substitute Involving
Annual Expense of
$22,O0O,00O
FIGHT FOLLOWS on FLOOR
Joint Congressional Inquiry of
Money Trust Is
Proposed.
(By Special Leased Wire TO New Mexican,
y y y = y s \ = y & y

" ~ - ~ y y - - y -
' Senate.
! Sherwood pension bill reject
In session 2 p. m.
b ed by pensions committee and
) a substitute OF Senator SmoOt
\ adopted.
' Senators Lea and Kenyon
will introduce resolution for
\ joint congressional inyestiga-
) ton Of money trust.
) A resolution of Senator Reed
amending the constitution to
y prohibit a Presidential third
\ term, was laid on the table.
President submitted an agri-
cultural department report on
\ the cotton boil weeyil and
: asked that it be printed.
\ Report of elections commit
: tee majority, eXonerating Sen
\ ator Stephenson from election
\ corruption charges, presented.
\ Senator Kenyon spoke favor
\ ing Sherwood dollar-a-day pen
= sion bill.
y House.
\ Met at noon.
\ William Nelson CromWell's
connection with Panama canal
\ purchase discussed before for
: eign affairs committee.
d Lewis fraud order case devel-
., oped controversy between Geo.
\ B. Cortelyou and E. c. Madden
v before postoffice expenditures
\ committee.
= Rules committee discussed
y resolution calling for money
\ trust investigation.
' Investigation into the polite
y al influence of Major Ray was
y continued by War Department
Y expenditures committee, Pay.
= master General Whipple testi.
y flying.
y Testimony regarding labor
Y conditions at steel plants was
= heard by Stanley committee
y Secretary Simpson testified
y regarding Panama canal tolls
y before Interstate Commerce
y Committee.
- Took up army appropriation
y bill with expectation of pass
4 ing it by Tuesday night.
y Passed anti-loan shark bill
y fixing u per cent as maximum
y interest rate in District of CO
y lumbia.
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Committee Rejects Sherwood Bi
Washington, D. c.. Feb. 12.-
Sherwood so-called dollar-a-day
sion bill was rejected today by
Senate committee on pensions
another measure which would inv
an annual expenditure of S24, ,000
proposed as substitute by Sen
Smoot of Utah, was adopted. S
tors Brown Of Nebraska, and q
of Kansas, gave notice that in
Senate they would press the Sherv
bill as a substitute for the Smoot
Washington, D. c., Feb. 12,-s
tor Smoot's estimate of S24,00O,0O
the cost of his plan is based on
pension bureaus computation OF
and length of service of the vetel
The Sherwood bill, according to
pension bureau, would have cost a
SIS, 100000 a year.
The Smoot bill, adopted by vo
y to 9 after the Sherwood bill
been voted down 10 to A. embt
provisions to pension civil war V
ans GO years old who served nj
days or more, and any Mexican
veteran who served six days or L
The Mexican war veterans W
receive thirty dollars month.
The civil war veterans would Dc
on a graduated scale from $l3 a m
for ninety-day veterans, 81 yeal
ge, to $50 a month for veteran
years old who served three veal
more.
Repayment of Panama Tolls
Washington, D. c., Feb. 12.-I
no doubts as a question OF law,
Secretary Stimson before the II
Interstate Commerce Commlsslo
day that under the Hay-Paunc
treaty, the United States could
from its treasury to American
any repayment of tolls that 1t
fit.
Whether we coula discrimina
| favor of American ships direct
another question. 1t ali mvolv
| question of National policy
opinion is that the first method
be the safer"
| Development Rather Than Pro
In this manner, Secretary SUI
dismissed the question OF Anne
preferment in Panama Canal toll
fore the committee. Mr.. Stl
urged moderate tolls, declaring
first purpose of the canaf was tn
velopment of commerce and tha
| endorsement for cost Of con'
ton should be deferred.
| Mr.. Stimson said as to provl
to prevent the sitting Oh compe
in transportation rates by a con
ton of shipping interests usini
canal, that he would leave such
!, ters with the President rather
/ Congress. The Interstate Conn