Pine Bluff daily graphic., 1913-12-23
CURRENCY ST|RS
 BITTER WRANGLE But House Finally Accepts
 Conference Report 298 to 60. SENATE NOW WAITS
After Wilson Signs Bill Today. It is Said He Win Again ReaSsure
 Country of Safety.

Washington, Dec. p The House at 10:45 clock tonght accepted the conference report on the Currency Bill by vote of 29S to 60. A lengthy wrangle in the House over the repor. from the House and Senate conferences on the Currency Bill furthe' delayed final action on that measure tonight. Almost inn mediate'y after Chairman Glass had given the report 10 the lower House a heated debate began and it became evident that no vote could be taken on the House side early tonight.
 Meanwhile the Senate, which had taken a recess, reconvened at 9 o'clock md while waiting upon the House went into an executive ses- sion to consider a plan for deferring final action on the conference report until tomorrow.
 The conferees were in session practically all of today, going over the report searching for errors, a few of hich were discovered. A reprint was made and 1t was not until late in the day that the report was signed. The Republican mem- bers of the committee, having been denied access to the conference while the differences were reconcil- ed by the Democrats themselves, re- fused to have any official connection with the committee and declined to sign the report. This action was the basis for reports that the Republi- cans would insist on protracted debate, Tai ticularly by way of criti- cism of the elimination of the guar antee of nation la bank deposits. Opposition on this account has been removed through the pledge of Dem ocratic leaders that measure of this character would be enacted when the revision of the banking laws IS taken up.
 It is understood among congress- men tonight that the President, when he signs the Currency Bill tomorrow afternoon, will make some remarks formally CT informally in the nature of a general reassurance to the coun- try on the effects of the measure. In the House tonight Representative Hays, of California, urged as de- feet in the bill that it did not pro- vide for . non partisan or bi-par- tisan Federal reserve board. He urged that danger lay in the politi- cal control of the federal board and its supervision over regional reserve banks control.
 "The bill before us is an improve ment over the House and Senate bills and I shall vote for it." said Representative Lenroot. "I approve of it because it takes country re- serves from New York banks, where they are used for stock gambling and holds them back in the country banks, where the money is neeoeu to remove crops. It does provide for greater latitude in farm loans and it
 '',e from few financiers the power to control the money of this country. if we cannot trust the men at the head of this country to honestly administers this law then we must lose faith in our officials. This bill has it's defects. Had 1t not been for partisan methods by which it was framed the.- defects might have been cured and a more perfect bill presented. But the bill is good"
 Representative Ragsdale, of South Carolina, an opponent of the bill un- til today, swung into line. "This bill vii! 5reak the money power" he said. This bill will break the money power" he said. ''It recog- nizes the interests of the farmers, til today swung into line. "This bill will break the money power," he said. "It recognizes the inter- ests of the farmers. the backbone Of this country. It is written in this bill that the farmer shall receive his benefits from the banking system of this country"
 Palmer Praises Bill.
 Representative Palmer said that 4, hill ia fho hast hill