Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1913-11-27
CONGRESS NOT TO
LET UP FOR THE
HOLIDAY
DEMOCRATS IN CONFERENCE WORK
ON CURRENCY BILL AND, Ex-
pECT TO HAVE IT IN SHAPE
AND MADE A PARTY MEASURE
BY TOMORROW.
HITCHCOCK AT HOME
SURPRISED BY ACTION

WdSulUSlOll, -. tr !No'. -
Thanksgiving day was spent by the
senate Democrats hard at work in con
ference on the administration curren-
cy bill with geared up legislative ma
chnery moving at rapid rate. The
conference made such progress that
the currency leaders declared the bill,
with possibly one section excepted,
would be ready for consideration by
the senate when the conference fin
ished it's evening session. In the
absence of Senator Hitchcock, no one
presented the amendments he and
the five Republicans of the committee
had framed, and the conference sped
through section after section, consid-
ering the Owen-Glass bill practically
without change. Senator O'Gorman,
who aided Senator Owen in present
ing the bill to the conference, predict
ed that with the exception of the sec
tion fixing the number of regional re-
serve banks, the bill would be COM
pleted today.
The number OF banks has not been
decided on and was passed over at the
request of Georgia senators, who fear
ed that Atlanta might be handicapped
if a regional bank were created in
some other southern city. probably
New Orleans.
1t was understood that an attempt
might be made to pass a resolution
binding the Democrats to support the
administration bill
Senator Hitchcock was expected to
refuse to support the conference bill.
Senator Lane of Oregon, has SO far de-
clined TO go into the conference and
Senator Newlands, while attending
the conference, has an original plan
which he intends to press on the floor
Of the senate. -.-.-,--.-=ss s asva i
The detection of three Democrats
might impair the majority in the SEN
ate if the Republican lines hold.
During the morning session the con
ference accepted the Owen provisions
by which the new regional banks
would be capitalized by subscription
by national banks and by which the
banks would be controlled by the
member banks electing six out of nine
directors. About one-fourth of the
bill was completed when the confer
ence took recess to allow the sena-
tors to get hurried Thanksgiving din
ners.
Omaha, Neb., Nov. 27.-United
States Senator G. M. Hitchcock. who,
with Mrs. Hitchcock arrived at their
home from Washington today, said
to the Associated Press in reference
to yesterdays action OF the Democrat
ic senators on the currency bill:
"The calling of the Democratic con-
ference was surprise to me. l heard
nothing of it until | was starting to
take the train Tuesday afternoon.
Senator Ovens speech on Monday in
dicated conciliatory disposition.
This led me in my speech on Tues
day to adopt similar plan and to
confine my arguments to the merits
of the bill agreed upon by my section
OF the committee and reported by me.
"a general spirit of feeling pre-
vailed on both sides of the senate
chamber and the prospect for an amic- !
able adjustment of differences and
early action seemed bright. To some !
extent this has been marred by the |
excessive zeal of the conference.
"Its drastic action in ordering ses- /
sions day and night, including the |
holidays appears to me unwise.
This method may push the bill
by main strength and awk- !
wardness and may reduce the time of |
debate to ten days or two weeks. but |
it will arouse party animosities which !
will detract from the merits of the dis
cussion.
Another possible result is that the
may resort to filibuster
out of resentment and if this should !
occur, the passage of the bill might be
DELAYED instead of expedited. |