The evening world., 1913-12-20
CURRENCY BILL
SENT BY HOUSE
TO CONFERENCE
Hot Fight When Amendments
to the Senate Measure
Are Attacked.
GLASS LEADER m IT.
He Predicts Serious Differences
Among Conferees That
May Delay Action.
GLASS LEADER m IT.

WASHINGTON. use. eO.--Arter a hot
debate In the House to-day. Admin,s-
trsticn leaders had their way and cent
the Currency hill to conference A..
tcnpts to concur at once IN the Senate
amendments we're defeated. 2e< to 50.
With tho House In disorder. Repubii.
can Loader Mann moved to instruct ths
House confsrrses 10 disagree TO the
Senate amendments And aGrss TO the
Hitchcock" Till rejected by the Sen.
ate. a parliamentary wraaglo ensusd
and another roilcaii was ordered to
shut OF debate.
a group Of Middle Western Dsmocnts 10
made futile fight 10 accept the Senate
provisions for GuArantee Of deposits, 70.
discount Of six.months Agricultural pa
per and fve-year farm mortgage loans
by national banks.
The bill went 20 conference. howsver.
with the House managers Instructed
To accept the senate amendments cx-
tendinx the rSdi@count privilege 20 six
months commercial paper ,li,d permit
ting national banks to Inaks nvs-year
farm mortgage loans.
by vote OF 2li TO 81 the Democrats
voted down instructions offere.i by Rep
resAntativc Mann to subatitute the
Hitchcock bill
During the debate Representative 0laaD
declared that no Immediate agreement
between the two houses was likely, al.
though other leaders prodicted early
action.
There are serious differences between
tho two houses" said Representative
Glass. and / cannot aee any prospeo,
Of all tmmsdiate agreement"
Then. after the House had wrahglsd
back and forth for moro than four
hours, Speaker Clark finally got thinss
to u point whsre he could name the
confersos. and no formally named Rep.
ressntatives GLASS. Korblsy ana Hayes,
aithoush u hght for nina. the same
number appointed by tho Senate. was
made.
A. tho Senate had adjourned before
the bill vAs sent to conference. Anal
RATIFICATION Of the measure BY conSsoss
10 OF necsssity poatponsd st isast until
Monday.
Tue bill struck the nrst snag wien Q
nvht over the number Of coafssrsss
and The question Of separate vote o.
somo Of tho sanAts amsndmsnas vas
made Representative 0aass aahsA
unanimous consent TO atsasrss to the
senate amsndmsnts and send NE bill
to eosfsroncA Representatives Hard
wick OF Georgia and Madden Of Illinois
contendsd the House should have 20
many confsrfsss a. tho Senate. ana said
they desired an opportunity 70 vote
on some OF the amendmeats.
Majority Leader UnderWood secured
unanimous conssnt 70 take up the bill.
but Representative Murray OF Oklahoma
moved to concur n the Senate amend.
mshts. and the reading Of the Afty
ordsrsd. causing . long delay In gsttina
the bill before the conference commit
tee.
The nsht in the Houss dsveioped u
movemsnt 20 Insure retaining the senate
amsnAsnent for guarantee Of bank de-
posita Representative 0iAss declared
the enactment Of the measure into Law
- II came from tho Senate would he .
'caiHmty"
II want tho nta! sent 60 conference" I"
hs ssid. because / an convinced that
~ the ball hes bssn completed BY the
Senate II would not be workable Law" Z"
He pointed out several pEVvlsiops In the
senate amendments which he said ooa.
nictsd.
M. 0laAs attacked the hank reserve
requirements A. amended by the
senate.
"Undsr this provision" he said, The
total reserves OF the banks In the eye,
TEN. both In cash and In credit. With
tho reserve banks would be less than
they aro At present holding In Dash.
Within . few months under thsss pro-
| visions We would have . saturnSiiS Of
espa nsion---of wild inhat>pn." He de-
| clsrsd the Senate guarantee provision
wAs more pretrnss-"
There are things In this bill which
would bring calamity TO this country,
and they ought not 20 be allowed TO
become law" he declared.
Majority Leader Underwood cioss a
the debate. declaring that the measure
should be sent to conference. and the
House lined UP for . vote. with the
result stated.
| The guarantee .: deposits amendment
was passed over during the fEht on
the floor. but when the conference COM
mittee was ready 70 meet !. was zen.
GLASS and the House conttress would