The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1913-12-20

IN CONFERENCE.
CONTINUED from rage sIne.,
regional reserve banks. . guarantee
which national banks would be per-
mittcd to make farm loans. Demo-
cratic Leader Underwood in the house
sees no serious points Of difference In
the two bills.
To BE Christmas Present.
The guarantee Of deposits. which was
inserted by the senate, ID practically
the only change made in fundamentals.
All the changes made by the senate are
dent Wilson. AS one administration Of
ficial put 1t today: THE plan Is to
have the president sign this bill before
Wednesday so that it may become .
Christmas present for the American
people,"
When the bill becomes law. Presi-
dent Wilson will be confronted with
taking the first step to put it into eff
feet. That will be the appointment OF
q federal reserve board of seven MEM
bers, who will make all the arrange
ments for the transition from the pres
emit currency system to the new one.
Many suggestions have been made as
to tho personnel Of the board. The
president has not made his selection.
but will consider the question careful
ly during his Christmas vacation.
On it's way to conference tho bill
struck a snag, in the house. where q
fight over the number of conferees
and tho question OF q separate vote on
some of the senate amendments
caused delay. Representative Glass
to the senate amendments and send
the bill to conference. Representa-
tives Hardwick Of Georgia and Mad
den OF Illinois contended the house
senate. and said they desired an OPP
portunity to vote on some of the
amendments. Majority Leader Under
wood obtained unanimous consent to
take up the bill.
Murray Causes Delay.
But Representative Murray Of Okla
homa moved to concur in the senate
amendments and the reading of the
fifty pages of changes made by the
senate was ordered, causing q long
delay in getting the bill before the
conference committee.
The fight In the house developed q
movement to insure retaining the sem
ate amendment for guarantee OF bank
deposits.
Representative Glass declared the
It came from the senate. would be q
calamity
IT want the bill sent to conference -
he said, because / am convinced that
as tho bill has been completed by the
senate. 1t would not be workable
law
He pointed out several provisions in
the senate amendments which he said
conflicted.
Passage by the Senate.
Washington, Dec. 2o.-The admin
istration currency reform bill. pro-
posing q revision Of the financial sys-
tenn Of the United States and the Gre
as stabilizing elements in the bank
ing and financial world. passed the
senate by q vote Of 81 to "a.
Forces that had fought together for
improvement and amendment of the
measure to the last divided when the
who had led the opposition to the
bill, returned to the Democratic ranks
and Senator Weeks, one Of the lead
ers of the Republican side. with Ave
other Republicans and Senator Pom
dexter. Progressive. voted for the pas
sage Of the measure.
Wide differences exist between the
form OF the legislation passed by the
senate and the bill that passed the
house several months ago. Democratic
leaders already have partly adjusted
these differences. however, and 1t was
predicted the bill would be completed
by q conference COMMITTEES and sent
to President Wilson for his signature
by Monday night.
The adoption of the administration
bill, known az the "Owen bill" fol-
lowed upon the formal defeat, by ~
to Al. Of the Hitchcock bill" which
had been Endorsed by Senator Hitch
cock and the five Republican members
Of the evenly divided senate commit
tee that passed on the legislation. The
senate had previously rejected. with
out q roll call, central bank" bill
offered as substitute by Senator
Burton.
How They Voted.
The senators who voted for the
Owen bill were:
DemocrAts-Ashurst Bacon, Bank
head. Bryan. Chamberlain Chiffon.
Clarke, Fletcher. Gore, Hitchcock.
Hollis, Hughes, James, johnson, Kern,
Lane, Lea. Lewie. Martin. MARITIME.
Myers, Newlands. O'Gorman. Over
dell. Reed. Robinson. Salisbury.
Shafroth. Sheppard. SHELBY. Shively.
Simmons. Smith (Aris.). Smith <0a-),
Smith (Md.). Smith Is. CO.. Swanson,
Thomas. Thompson. Tillman. varda-
man. Walsh and Williams-47.
Republcans-Crawford. Jones. Per
Progressive-Poinde
Repubncans-Borah Bradley, Bra
dey, Brandegee, Bristow, Burton. Ca
tron, Clapp, Colt, Cummins, Dflhng-
ham, Dupont. Gallinger. Con, Gronna.
jackson. Kenyon, LaFollette, Lippitt.
McCumber, Mclean, Nelson Oliver.
Page, Penrose, Root, Sherman. Smith
(Mich.), Smoot. Sutherland, Stephen
son, Townsend, Warren and Works
-.
Absent and paired-Burleigh. Clark
(Wyo.). Culberson. Fall Lodge.