The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-10-07
WillTolerateNo Further
Delay in Currency ).
Legislation.
COMMITTEE HAS
HAD AMPLE TIME
Some Members of Senate Com.
mittee Desire to Continue
Hearings for Two Weeks,
but Mr.. Wilson Will OPP
pose Such Action on
Their Part.
Especial to The Times-Dispatchl ]

Washington, October 6.-President
Wilson Will tolerate no further delay
in currency legislation. Before this
week is over he will send for recall
citrant Senator'S and order them to stop
the present hearings and report the
bill to the Senate.
he will tell them that he will not
stand for protracted consideration of
this bill in committee; that the coun-
try is demanding this legislation. and
that it must be proceeded with in
stantly. These orders will be obeyed.
On the desk OF tho President are two
or three matters of routine character
to which he is giving his personal at
tehtion. BY "Wednesday he will have
them out of the way, and then Sena-
tors are TO be summoned.
Thinks Committee Has Had Time.
Mr. Wilson believes the committee
has had abundant opportunity to gath
cr all the information necessary to en-
able 1T TO deal intelligently, speedily
and patriotically with the currency
question. His personal conclusions are
reinforced by the receipt of large
number OF telegrams and letters indi-
eating a desire for prompt action on
the currency question. Many of these
messages from bankers and con-
tain approval or the main features OF
the pending bill.
The committee to-day decided. prac-
tically without taking formal action,
to end the HEARINGS by the end OF next
week, October Is. Consideration in
committee, owing to the wide diver
Eence of opinion among the members
may take two weeks in being recon
ciled unless the President lntervenes.
Plan Further Hearings.
Wednesday OF this week Frank a.
Eandcrlip. president OF the National
CITY l:ank, will appear before the COM
mittae. The list OF witnesses now cx-
pccted will be exhausted next Monday
but others who have signifed their in
tention OF coming to Washington. com
mitttemen say to-day, would take the
remainder of next week. George H.
Shibley. director of the Bureau of Po-
litical Research of this city. occupied
the attention of the committee all of
to-day. lie gave approval OF the bill
generally.
The President has been informed
that some members OF the Senate Bank
ing and Currency Committee plan to
continue the hearings two weeks
longer and consume month there
after in working over the bill. lie
looks upon this program as likely to
throw the currency discussion into the
December session OF Congress and
postpone a vote indefinitely. lie will
endeavor to ascertain from members
OF the committee and Democratic SEN
ators generally what are the causes of
delay.
President Urges Haste.
AT the White House to-day it was
stated that the President would feel
justified In using every legitimate
means to forward the progress of the
bill toward the statute books before
the end of the present session.
Significant in the days developments
or the situation were remarks which
the President made TO callers to the
effect that objections to the admins
tration came chiefly from big bank ers
because they feared that the control
of the country's financial system would
be taken from their hands by the new
law.
Bankers Keep Names Secret.
Referring to the large number OF
kilograms and letters from bank ers
throughout the country approving the
BILL the President called particular at
tention to the fact that some of these
bankers had requested that their names
be not made public. He also told some
of those with whom he discussed the
subject that if the people Of the coun-
try knew the real state of affairs, with
reference to the opposition to the cur
rency bill. they would regard it as
ridiculous.
Various rumors were current at the
Capitol when the Presidents views
became known there
NIny Issue Statement.
-One report had it that Mr.. Wilson
contemplated issuing n statement i'm
the near future with special reference
to the relations between the big bank
ers and small bankers who had voiced
their opposition to the administration
bill during the recent hearings. There
was no confirmation of this at the
White House.
No announcement of the particular
Senators with whom the President will
discuss the currency situation was
made tonight Senator'S Hitchcock
of Nebraska: Reed. of Missouri, and
OGorma1, of New York. are the Demo-
Gratis who have expressed desire to
Stontinue the hearings and get more
information before beginning work on
the bill. The other four Democrats
on the committee-Senator owen.
Continued On Second Pagc)