The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-11-09

Washington. November s-With the
Senate Banking and Currency Commit
tee deadlocked in its consideration Of
The administration currency bill a call
was issued tonight for a conference
Of Senate Democrats next Wednesday
TO discuss the measure The call was
ISSUED by senator Swanson. Of Nir-
sinia. Who circulated the petition for
The call, on the authority from Senator
Kern VINO IS out OF the city. Senator
swanson decided upon this course after
an adjournment OF the committee for
the day, and after he had talked with
President Wilson
~! DAY long tho committee wraugled
without result over tEe question OF fix
iiiH the number OF regional banks TO
administer tho new currency system.
HAIR dozen votes were taken on vari-
Gus propositions liking the number at
from four TO eight. Each vote dis
closed a tie. Senator Hitchcock voting
win the nvc Republicans against tho
SIX remaining Democrats. In vain the
administration Senators declared that
the President was determined 10 have
At least e!cht regional banks.
Democrats in Session
men The committee had adjourned
l,einocratIc members went into session
Tho four administration supuorters
IL.
and O'Gorman. although the latter two
had swung into line with the admins
tratioh on several propositions I'm at
tempt was mad" 10 secure 4 com
promise by which the administration
supporters woAld yield on other, points
IN order 10 secure eight regional
banks But the administration Sena
and the effort failed
AZ this point Senator Swanson ana
ms conference call came into tn. sit
uaton. The petition for The call had
oeen circulated and had been signed
by twenty-threc Democratic Senators
Just as soon as the conference broke
up senator swanson left the Capitol
ana hurried TO the White House He
talked briefly with the President and
then sought Chairman owen and Senn
tors Pcmerene. Hollis and Shafroth. the
administration committeeman Thov
signed the petition and Senator swan
son Immediately issued the call The
petition. which was addressed TO Sen
ator Kern chairman OF the Democratic
conference. read:
portant that n conference of Demo
cratic Senators should lie held. so that
they may advise together with respect
to banking and currency legislation.
request YOU 10 call such conference at
the earliest date within which you
TO absent Senator's
The petition was signed BY Senators
Martin. swanson. Smith. Of Maryland:
Ashurst. Chamberlain. Chiffon. Flctch
cr Lewis, MARITIME, Myers. Ovcrman.
Pitman. shepherd, Shields Simmons.
thompson Tillman, Nardaman. Walsh.
Williams, owen, Pomcrcnc. Hollis and
Shafroth.
Statement by Swanson.
No comment was made at the White
House on the developments in the sit
uation. but senator swanson gave our
the following statement:
believing there already has been
too much delay in the enactment of
currency legislation. and pcrcciving
That there seems to he irrcconcilablc
differences between Democratic mem
bers Of the Banking and Currency
Committee of the Senate. and thinking
tina he proper and best way TO adjust
these differences was a conference of
the Democratic members of the Sen
ate circulated petition for such
a conference and twcnty-seven Senator's
have signed the call. Nearly all the
Democratic Senators in Washington
have signiiicd their desire for n con
ference. / believe most of those alb
sent concur in this. The country has
given the Democratic party power
under promise TO enact reform lcgisla-
ton, included in which is banking and
currency; it should not and cannot
shirk its responsibility.
5eing responsible for the character
OF the legislation. tho time has arrived
Tor the Democratic Senators to hold II
conference. and consider their united
obligations and duties to the country.
we owe IL TO tho country and our party
not TO permit this opportunity to pa SIS
I" obtain much needed banking and
currency reform. The conference is
called for this purpose. and TO haston
CONTINUED ON Second Pagel