Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1913-12-04
REVIEWS Acw&vEMENrs OF
DEPARTMENT ~ NATION
WIDE MATTERS.
DETAILS 0FFEp, Of LOAN
sam of approximately FIT. Million
ippOriioned Among states 90
Move Fail Crops
This Year.

hy q. acaitd p,aa.
WASHINGTON. D. c.. Dec. a.
Secretary McAdoos first ropOr, TO
Congress. delivered today is largely
confined to q review OF the achieve.
mcnts OF tho Treasury Department
100 matters THAT have been Of nation.
wide interest 90 recommendation
for increased appropriations FOR ba
rCaus under ha authorit' and for
legislation. fich, he declares. nee.
essary Go fae better conduct OF the
Foverumou H the protection OF
tine peopi
The secretary discussed at some
length the subject Of currency legis-
loti0n reyitri ins the activities In hir
department related 10 H. lie speaks
of an unrest IN business circles fol
lowing the beginning of the spccia
session OF Congress In April. refer
10 propaganda OF pessimism
which, desisncdly or nos produced
condition OF o>'erme xsryousness
and tension" and points 20 his an
nouncement In June that the Treas
ury was ready 10 issue $500. 100000
OF emergency currency under the
Aldrich-Vreeland act-to prevent re-
striction OF credits and TO ease any
situation.
Mr.. McAdoo details the Trcasury's
offer to loan TO banks OF the country
money 70 move the fan crops The
sum OF Sib.500.OO0 out OF 10000
O0O estimated TO be needed. was ap-
portloned among the states.
81 was essential" says the sccre.
tar,. "that ,Ee action OF the depart
l,4..ns ns4.a.s - - r1--y, s,s-i-" "ef
non-pohtloal; the crops OF Rcpubli
cans. Democrats and Prosrcssives.
ANA All other classes ol people had
20 be moved. and the earnest effort
OF the department was 10 have the
benefits OF this action difluscd as
widely and impartially as possible.
After praistur tho psychological
value OF these incidents, the report
c,,,irpo.
.rbov d,moustrato clearly that
amy improvement in our financial
sys,.m which win pcrmanently es
t,bl,sb copf,dc,rr win In itself be-
II, i,,,,or., p,tp and If that inn
nro,.J financial sy-ta, s,surcs tho
rn,o-,,,ri,, ,o so,ura ,t all time
y'a n.co.sary funds and credits ia
moo, the ,ynap5iug and legitimate
80. 80 hn ,,mu.rc, and indus.
,... - ,to c,,,,r, b. ain he am
,,hio,cm,,, n, ,pdur,u, benefits
orbos. i,rderts also .bow com
cIrsiy,ly tho ,roripru. yaluc OF an
,,,,rt.,i. .,,o,Dwoui.l nropry ir
a., financial .,tr. of ,b, corufrv
u. iong n. ,b, g,.,rrmout has the
,.,...,r o., i,t.r,,u. iu , bepeficicut
,,J ,nsoIr., us, rbr danger of
...,,. .,F ~ ppiu.i rr,ct,rcs viii
-. i.r.o,,. a. ma, o.sorl, do.,roy,d
.rht. b. ,,, ,f ,t. ,pi,g object.
..u,t, d, ,t. ,r,,,.,l reformation
,,d r.or,,ris,,i,p of our bankiuf
IA ,.-r.,,,. .,.,.r Tho noorle ,l
~ .o,,,r, 49,, D., n. coucr,inlat,d
.n,, tb, ,,riy ,rosn.,. of sound
,.,..,.,i,, -, tsi. ,it,ry imporisni
snbi,rt srould tho r.uero.s enact
b, cm5swep,,ls OF Nh. p.Udinr
n,.,',r. 10 h .,Ii,,,5 ,F,, pc~n1.
AN, nro,,,,I., yu L. ,ro.ilet
.,,.,., recurring commercial ,-I.o.
ia .., ,s..,,,. f,,lrIas vul d,
,-,,,.1 o., tt.f I...i.w.f. and
...,5 ,vn,,.i,, "a, .-,t.i. .. ,i,,.
4, a., nr,s,,r,,, ,t our gr.a, and
.-o.',,s ,,rn,,,
ot a., ,oy ,,riu ,g s.,rciar,
49, ..rs ID .ts. p,t toe5 I'm fore.
snf,ici..i lengtb nj rwo 10 maF,
~, II. ,.,,r.t... ..,Iw,,. az BOD
m. ,.,.,,,....~,..,i,g ,,v.r.