The Richmond Virginian. (Richmond, Va.) 1910-1920, 1913-06-28
PRESENT C0NeRf'
MAY CONTINUE
SESSION TO fAl
Leaders Fear Currency bl
Will Require Months
for Passage
ANDREW CARNEGIE II @
BELIEVER IN REFORM
Everybody Wants Currency
Legislation, He Tells News-
papers in Switzerland.
Caucus Progress Slow

WASHINGTON, June 27.--Leadero
in congress and the administration
fear that the present session VIII run
into the late fall and possibly mergo
with the session that will begin tho
first Monday in December.
Prophesies as to the duration OF tho
session are based on the theory that
congress will follow the recommon-s
dation of President Wilson and enAct
a banking and currency reform law.
Democratic leaders are in a positions
to force the passage of such q meas.
ure in the house. but in the senat9S
where no cloture rule obtains thetoM
is not any way to cut Off debate go
long as senators want to talk.
Long In COMMITTEES. @
The currency bill is now pending IT,
the house committee. Indications aroEs
now that the committee will not ~
down to work on the measure uuttk
the week after next. Just how long TIL
will remain in committee only tn0ss
Lord knows" to quote Chairma4
Glass. Despite the restoration to tls0
bill of the provisions retiring tho pHoo-ss
ent national bank note circulation AN1
refunding the per cent bonds up0As
which such circulation Is based. thoxU
are other questions that are bound t0s
consume time in committee and on tAog
floor of the house. It is practicnI1ykN
certain the bill viii not pass the houmo
until early in August.
Andy Believes in II.
SERMATT, SWITZERLAND, Juno
27.-Andrew Carnegie, who has been
at the Hotel Mont Cervin for tNQ
5arc jS keeYlv Interested in thA
LOT the American banking reforms IN
as presented to congress by - 3
dent Wilson. I.
Gable for me-" said Mr.. Carneo3o
the correspondent, that this II tA45
most important and most neceaoa&yS
legislation on which America has Ira
ito decide for years The preeenef
American currency system IL q dlM-y5
grace to the country. 1t Is NOT true
as has been suggested. that bankAxu
and leading business men are Opp0oe4
to the measure That is nonsense. Th4@
best bankers and business men are Tor
the reform. B
my position is this: II It IL 4 Queo-
ton whether private bankers or t1io
president, acting for the Amerfco1s
people, shall come to the rescue dur
ing panic I am for the preatdem4
taking action. ssss11
do you expect a new era Of peA
perity when the bill has been pne
cd" he was asked. America N1zE
always be prosperous" Mr.. Carne3e4
replied The bill will bring ab0u1f
greater stability and condolences M
business generally" ID
Mr.. Carnegie yesterday AScendo4
the Cornegrat railway 10000 feet ~
see the marvellous panorama OF tAos
Monterosa Matterhorn. ut 49,
showing hard when we started" snid
Mr. Carnegie, but just as we arriyedI
there was a glorious burst OF sun
shine" sf
You were fortunate" sugEeseo1
lucky" raid Mr.. Carnegie with II
smile. IL N
The Senate Caucus.
! WASHINGTON, June 27.--SenatoE
I Smith intends to offer an amendmenEs
to the administrative section Of t1o
tariff bill. which will authorize t
president to impose countorvAS11
duties against the products OF 41~(
foreign country which discrimtn1t
against the United States In reGx
/ to like products when expottod
that country from the United 4t0
This legislation is aimed prim1
at Canada. an IMP
| The caucus this morning appx44
| the agricultural schedule, tnclr
the countervailing duty on wheMk
/ -four. sasSzS5z7
| The caucus approved the Co.
on wines. except the recomm1n64
I by the committee for the reGeoE1
of tax OF $1.10 on brandy u6o
the fertilization of sweet wines
result of the protests from tn
| of California. against this pEnf
the matter was referred back ~
subcommittee, with recom1
| tion that they investigate aQfl
port to the caucus whether III
1 judgment the CLAUSE should AaA
ed. saS &
/ There was no session Of khe
caucus this afternoon, due to t[
that the senate was Continues
session until nearly s. osc10&
night session of the caucus ~
I s o'clock. Sa F
The Democratic senators tE
1 tonight completed the cOu9
/ OF the cotton schedule. 49,
no constroversy of import9M
only a few changes Th0A
portant change from tho sc1<
reported from the mat0x13S
| finance committee was the I
the free list OF spool thredx
ton covered by paragr&p1A
the bill as reported from th4s
tee. this carried q duty ~
cent.