Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1913-12-17

STIRS HIS AUDIENCE.
Rcsents Allegation That Pending
Monuey Reform Bill Will Result in
Return of "GreeRbackism."

return Of GreeRbackISm.
Richmond, Va, Dec. 17.-Defendine
the administration currency bill
against the "greanbackfsm' and "flat
money charge launched against it by
Senator Root in his speech before the
United States Senate on Saturday
Chairman Carter Glass, of the House
Banking and Currency Committee, ar
ragned the senior senator from New
York in spesch last night for Sle-
parting from the path of strict truth
to further his political ambitions,
Mr.. Glass's attack upon Senator
Roote's position, unspar:ng and dra-
matte in the extreme, stirred to pro-
longed applause an audience of 1000
business and professional men that
had crowded the hall and galleries of
the Jefferson Hotel auditorium to its
doors. The speaker was present under
the auspices of the Business Mems
Club, and devoted to an exposition of
the money reform, measures now pend
ing in the Senate two-hour address
that for intensity of expression and
sheer force has seldom been para1elei.
"On the floor of the United States
Senate last Saturday" said Mr.. Glass,
midway in his detailed answer to the
various objections that have been
brought against the administration
currency bill, Senator Root, of New
York, characterized the measure as
'greenbackism run mad Unacquaint-
ed with the subject which he undertook
to discuss, he described it as propos-
ing a return to the reserve issues Of
1896.
81 take it that the duty of Cnite'5
States Senator to preserve the public
from national harm is more than over
balanced by his normal obligation
never to sound a false alarm and never
to permit himself to be deflected from
the path of strict truth to gain a
point of vantage. And yet he did sound
q false alarm, and sounded it upon in.
formation which he himsef admits he
secured second hand from another
Senator.
"When to ones reputation as sem
ator is ad1ed his renown as great
lawyer and his fame as an intena-
tional statesman, and the subject IN
yolved relates to the tender fabric of
national credit, when such man trl-
fies with subject of this moment, he
is guilty, not only of grave indisere-
tion. but of downright treason to his
country"
With Senator Root, Congressman
Glass placed President Frank A. Van
derlip. head of the s25 100000 Nation
al CITY Bank of New York, who has
bitterly assaled the note issue scheme
of the currency bill as a "flat money
n)an. Not bank expert of reputa-
9;on not a photographer who can lay
rlaim to the name, and not single
responsible financial journal, said MIR
Glass will for moment support that
designation as applied to the more
than arply secured currency provided
for by the bill.
can have said of Mr.. Vanderllp'
said Mr.. Glass, summing up sharp
reply to the statements made py uhe
New York banker, "nay be accentu'
atcd and applied to MIR. Root. 1o:
alone knows how men who understand
the currency bill as little as to charss
it with greenbackism have ever gam
ed control of bank with capital {
25,OO0,0OO, or have ever attaine1 to
seat in the United States Senate.
"Oh, the responsibility of a mar
who will make statement of tina
kind for political advantage! | cal
only wonder with John Sharp VII
liams at the havoc that can be create,
in the mind of great man by tn
buzzing of the presidential bee"
Mr.. Glass dealt at length with tn
statistics employed by Senator Roc
in his attack upon the administratio
measure He quotsa from figures az
duced by the New York Senator /
show what he regarded as fund,
mental error in calculation amouss!u
to $780, o,0o0,oO0--a r,istaka which,
saia. was to be expected when one o
tains his iaforn,ation second han.l.