Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1912-02-25
REPUBLICANS JOINED WITH
DEMOCRATS IN VOTING ON
THE COMPROMISE.
includes MANY SUBJECTS
Railroads, Industrial and Financial
Powers TO BE Subjects of An
Investigation.

WASHINGTON, Feb. 24.-An In
vestigation to determine whether
there is "A Money Trust In the Unit
ed states operating through or in
connection with the National banks
was ordered by the house today by IA
vote Of 2i0 to s. While republican
regulars ana insurgents protested that
the inquiry as proposed was a sham"
ana a 'delusion,' they Joined tho
democratic forces in support of q
yompromise Money Trust" resolu-
ton and succeeded in securing all but
eight republican votes In its sup
port.
Another branch of the investiga.
ton TO cover any possible violation
Of the antitrust law was announced
during the course of the debate by
Chairman Clayton of the judiciary
committee.
Has Wide Scope.
third resolution for an investi.
CATION Of railroad monopolles was
presented by Chairman Adamson of
the Interstate commerce committee.
There are expected to form the basis
for the second and third branches OF
the great investigation of financial
transportation and Industrial affairs.
The threatened split in the demo-
cratic ranks due to refusal of party
leaders to support the plan Of Rep
roselatiye Henry of Texas for a spe-
cial investigation committee was com.
pletely avoided by compromise res.
olution prepared by the rules COM
nittee early in the day. 1t INSTRUCT
ed the banking and currency commits
tee, Of which Representative Pujo OF
Louisiana Is chairman, to make a
full investigation of banking and cur
rency conditions, including all mat
ters touched upon in house resolu-
ton Number iO5, within the juris-
diction Of said committee"
The direct reference to Mr.. Henrys
original resolution which specified
many changes upon which Wall street
the railroads and the large Industrial
concerns and other financial powers
are alleged to have conspired to con-
troll, was accepted by the Henry and
Bryan forces of the house as an alb
solute concession.
Denounced by Republicans.
The republicans denounced the com
promise resolution as failing to car
ry out the original declaration of the
democrats for a money trust investi-
CATION. Representative Norris of
Nnhru u 1 Of T..
surgent leaders. insisted that the re-
strictions placed upon the banking
and currency committee by the words
within the jurisdiction of said COM
mittee" would prevent Il from maxi
ing any sweeping inquiry and would
prohibit from considering the opera
tions Of the New York Stock Ex.
change, the New York Clearing
House or Of shifting the money re-
serves by private parties to meet al
legged demands Of financial interests.
The united democratic forces car.
rled MIR. Henrys motion for the pre-
vious question, after two hours OF
debate by a vote Of 10 TO los. This
was tho point at which the democrat-
ic split had been expected. only
three democrats. Representative Diff
fcnderfer OF Pennsylvania, Gray OF
Indiana and Thayer of MassaC aChusetts
opposed the resolution which had the
effect of cutting off all amendments
and stopping all debate. Insurgents
fought for an opportunity 10 amend
the resolution and broaden the scope
OF tho investigation.