New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-06-15
President Answers "Mone,
Trust" Resolution by Has.
tening Own Plans.
ALMOST OPEN ANTAGONIST
Leaders Will Shift Responsible.
ity for Any Revision Legis.
lation Upon Wilson's
Shoulders.
from The Tribune Bureau1

Washington, June 1.-THE friction A.
Democratic ranks over the currsr.-
question became more acute TO-DAY us.,
the White House announcement tina, "a,
President would begin work immedia,.l,
on his message insisting upon currsrc,
reform at this session OF Congress IT,.
message has been expected for sav.r.,
days. and II is regarded as slgnisc.,,
that the President decided to get busy
as soon as Representative Henry in,,o.
duced his resolution seeking a reons,
ing of the money trust" investigate
and entailing the delay Of currency leei,.
! lation.
President Wilson's intention 10 send in
currency message is, in effect, a ren,,
TO the Henry resolution and to thoss
Democrats-and they are many-opnossS
10 action at this time. While compars.
lively few House members are in favo,
of the Henry resolution, there IL general
opposition in the House 10 currency r..
form during the present session.
From unquestlonabie sources there cam.
to-day information that the House lead.
ers would not seek to bind the Democrat,
| by caucus action TO support the Wilson.
Glass bill A binding caucus will be con.
sidered only II the bill is satisfactory 70
all factions and there are no radical
differences of opinion. A harmonious
situation Is not expected.
The President knows that Democrats in
| both the House and the Senate are luke
warm regarding currency revision at hi.
session. He has been told and that re-
, Gently, that ii may be difficult to hold The
party in line. Mr.. Wilson. however. has
made up his mind and is now to 70 to
work on his message, which. il is re-
| ported, has been held up because Of dit.
| ferences Of opinion among the Pres.
dents close advisers.
Mr.. Henry's resolution is just one In
/ dication of the feeling Of dissatisfaction
existing among Democrats OF both
branches of Congress. The Senate, Oc.
cupied at present with the tariff. is op.
/, posed TO currency legislation before u,
regular session. and II is doubtful that 10
members can be held in Washington &c
! consider a bill. even If It Is passed By
| the House. In the lower body there Il
absolutely no popular demand for action
at this time. Chairman Glass OF the
Banking and Currency Committee seems
TO be the only Democratic leader heartily
| I'm accord with the programme for imme.
date action. The majority Of Democrat
including the leaders and those OF The
rank and file. privately express grs"
doubts OF the proprlety Of currency legs
| lation now.
II bill is put through the House nt
country will be given 10 understand thai
it is upon the insistence Of the Pres
dent. and that the movement did not
originate with the House Organizauoh
| The caucus on currency promises 10
an unusual affair. with the House Leaders
ostensibly in favor OF the Presidents
plan. but at heart strongly opposed 70 i
| This knowledge is bound 10 have disih'
tegrating effect upon party SO idariy.
While Mr.. Henry's resolution and state
ment. at odds with the existing pro
gramme Of the administration, has lad &
! complcating effect. il IS only an incideh
/ in the general story OF dissenson over
currency. Under-the-surface politics
being played. and II currency legislator
IS nut through now IL will be la5ele
Wilson" and the House and senate
leaders have broadly limited 20 the Pres
dent that he must assume fun respoa'
sibility for any hurried" action.
The President, II is understood, will na
o, into detail I'm his currency message
but will call attention to the need ia
currency reform. His argument VIII
along the lines Of his letter recently y
Senator Tillman, in which ne declare
that Tin loyalty 10 the county g..
rency legislation was necessar! CUTIE CUTE.
the present session OF Congress. 50 "a
any attempt TO create artificial dlstu.
ances. after the tariff shall have oecol,
I law. may be Offset by free system q
credit which will make II possitp..g. r.. ~
men hig and little. TO take care OF then
/ selves in business