Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-05-30
MAY RESUME QUIZ
OF MONEY TRUST
Some Democratic Leaders
Said to Favor Continuation
of Pujo Investigation.
ADDS TO COMPLICATION
OF CURRENCY PROGRAM
Counsel Untermyer of Former House
Committee in Conference With
Representative Henry.

And now appears still another pha Sc
OF the grand mix-up in Congress over
the proposed currency reform bill. Civ
ing rise to the suggestion that some
body will Yet gum up the cards be-
fore President Wilson can get the deck
stra ghtened out for a deal all around.
There is talk of pausing in the eff
fort to pass currency bill while they
take another look for the money
trust" the long search carried on by
the Pujo committee having only re-
suited in finding hoof prints of the
money devil. Some of these tracks
| it is charged. lead in the direction OF
, national banks and there is proposi-
| ton to follow them up before anything
/ is done to relieve the currency situa-
| ton.
Representative Henry of Texas anC
Representative Lindbergh of Mime
sofa are reported to be on the trail
with view -halloo to their colleagues
to join the chase.
Secretary of State Bryan is said te
be in sympathy with the proposed
hunt, although some of Mr. Bryan
friends contend that he is not active
as it is the general understanding thai
he will keep hands off of politics ant
legislation while he holds his port
folio under the Wilson administration
May Take Up Investigation.
The Henry-Lindbergh proposition. as dis
cussed in cloakroom and corridor. is I'M
derstood to contemplate taking up the
money trust investigation where the
Pujo committee was halted for lack of
authority. and carry 1t on with the neces-
sary authority, prosecuted mainly IN the
direction of alleged participation of ma
tional banks in the concentration OF
credits and money power.
1t is said that Mr.. Bryan, Mr.. Henry .
MI Lindbergh and others in and out or
Congress in sympathy with them agree
that the money trust lnVestisatlon I'M
covered enough to warrant deeper prop
ing and at least to furnish the basis Tor
present action on what was developed
This action. il is said, should be EN-
bodied in the currency reform DILL ana
the administration measure should con-
tain some of the punitive features recon-
mended by the Pujo report.
Mr. Cntermyer, counsel for the COM
mittee, has recently been in conference
with Mr.. Henry. and not long ago enter
tanned Secretary Bryan at his country
home en- the hudson. Mr.. Untermyef
had another talk with Mr.. Henry day
before yesterday. Mr.. Untermyer made
explicit denial. however, a day or two
ago that he was mixing in congress
sonal affairs at all since his connection
with the now extinct Pujo committee
ceased
Complication Over Legislation.
The point of all this is that there is
apparent another complication in secur-
ing currency legislation at this session.
No. D,ac
is earnestly DESTROYS of having some
kind of.a currency reform bill on the
statute books along with the new tariff
! law.
He is having the deuces time getting
| it, Leader Underwood is not keen for i,
at all. because it threatens to interfere
", tn the tariff bill and take the mind OF
| Congress off the main questlon-tarif1
| revision. Business men and financial in
| te.ests are clamorinS for it, however. and
Ny Underwood finally laid his hand or
! the talle and told the President to go i,
! alone: he would not trump his partner
| ace, anyhow.
! There are dozen or two currency
| bills now extant, but there is no single
| measure thus far which can be said tC
! be the administration bill. Representa-
! tive Carter Glass of Virginia. who vii
! head the new banking and currency com
| mittee. has written and rewritten b lis un
/ >
/ chairman of the Senate banking and cur
! rency committee. has a bill. Secretary
! McAdoo has q bih and President vii
sons table is Uttered with them from a
quarters.
! The last intimation from headuuarter.
/ i that somebody VIII have to take thes.
/ bills and whip them INTO shape in on,
| concrete measure, to be officially -SnoWl
as the administration bill which. a.
such, is to be damned through under
/ spur from the White House.
UP to Secretary McAdoo.
Secretary McAdoo will probably hay,
TO undertake this task. He will, a
| least, revise the composite measure ant
! pass it up to the President. In tn,
present state of confusion in Congress
over the subject of currency, to which
old Babel wasn't marker. il is though
| that Congress will gladly rise to the ad
ministration bill az a bass to a fly.
| But here comes the Henry Lindbergi
complication. if it materializes, as tn,
| reports have it. The bills thus far pre-
scented for consideration do not contain
the restrictive and punitive feature.
| recommended by the Pujo committee
| and viii III, ii is said. Messrs. Henri.
| and Lindbergh. with the reported urgins
of Mr.. tntermyer and the alleged assen
| of Secretary Bryan, would embody in thu
! new currency law.
/ Mr. Glass is decidedly opposed to in
| cooperating any of the Pujo- Untermye
! findings in the strictly technical pro
| visions of proposed reform of tn,
/ currency system. Leader Underwood
| and his followers are opposed to spend
ing another minute in chasing tn
| money trust" while the men who orig
| inally put through the resolution fol
the money trust Investigation are dead
set on taking another shy at it.