Arizona republican., 1913-11-09
Despite Every Effort of Members of Senate Bank ing and Currency Com mittee Deadlock Over the Measure is Not Broken
CONFERENCE ON
 FOR WEDNESDAY
Fight Wakes Warm Over Currency System in Which Number of Pro posed Regional Ban k s Figure Very Largely
[AssocIArED PRESS D1sPArcHI

| ASSOCIATED PRESS DIsPATCH1 ] WASHINGTON, Nov. S.-With the senate banking and currency com mittee deadlocked in it's considera- i tion of the administration currency bill. a call was issued for a confer ence of the senate democrats next Wednesday to discuss the measure. The call was issued by Senator Swanson, of Virginia who circulated the petition for the call on authority from Senator Kern, who is out of the city. Senator Swanson decided upon this course after adjournment of the committee for the day and after he visited the White House and talked with the president.
 All day the committee Wrangled without result, over the question of fixing the number of regional banks tC administer the new currency sys- tenn. A half dozen votes were taken on various propositions fixing the number from four to eight. Each vote disclosed d tie, Senator Hitch cock voting with the five republicans against the six remaining democrats. In vain the administration demo- crats declared that the president was determined to have at least eight regional banks and the tie vote could not be broken.
 Senator Shafroth forced an ad- journment After the adjournment the democratic senators went into session. An attempt was made to se- cure compromise by which admin istration supporters would yield other points in order to assure the eight regional banks. But the administra- tton senators were not willing to con- cede enough, and the attempt failed
 At this point Senator Swanson and his conference call came into the sit uatiOn. The petition for the call had been circulated and had been signed by tWenty-three democratic senators. Just as soon as the committeeman dispersed Senator Swanson hurried to the White House. After he had talked with the president he sought Chair man Owen and Senators Pomerene. | Hollis and Shafroth, the administra- uon committeeman. They signed the petition and Senator Swanson imme- diately issued the call. The petition, 1 which was addressed to Senator Kern, chairman of the democratic l conference, reads:
 The undersigned, believing it inn portant that a conference of the ll. sc that they mad advise together with respect to banking and currency legislation, request you to call such conference at the earliest date within which you may be able to give req sonable notice to absent senator's"
 The petition was signed bv Sen ators Martin, Swanson, Smith of Maryland, Ashurst Chamberlain Chiffon, Fletcher, Lewis, Maritime. Myers. Overman Putnam. Shepherd Shields, Simmons, Smith of Arizona stone, Thomas Thompson, Tillman Vardaman. Walsh, Williams, Owen Pomerene, Hollis and Shafroth.
 No comment was made at the White House on the developments but Senator Swanson gave out this statement:
 Believing that there has been too much of currency legislation, and Der celVIng that there seems to be ire conclIable differences between demo cratic members of the banking anr currency committee of the senate. and thinking that the proper and best way to adjust these differences wa conference of the democratic mem bers Of the senate I circulated q De utlon for such a conference Twenty seven senators have signed this ca
 Nearly all the democratic senator Tn Washington have signified their desire for conference. believe most of those absent will concur in thls The country has given the democratic party power under prom
 ist to enact reform legislation. in
 cluded in which is banking and cur rency. It should not shirk it's re-
 sponsibility
 Being responsible for the cbarac-
 ter of legislation. the time has ar rived for democratic senators to hold a conference and consider their unit ed obligations and duties to the coun- try. We owe it to the country and to
 our party not to permit this op rortunlty to pass to obtain much
 needed banking and currency re- | form
 The conference is called for this i Iurpose, and to hasten and facilitate l such legislation. It is not intended
 to reflect on any one. and is called l with the earnest hope that it will l result in giving to the country soon a banking and currency bill of bene- | (COninued nn Pa oa ErIovoD