The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1913-03-07
WILSON INDICATES
ACTIONS He WANTS
New President States He Is
Seeking to Fulfill Pledges
of Party.
(NationaI News Association)

termined upon by President Wilson
and his cabinet contemplates action
by congress at the extra session to
meet on April / on the following sub
jects:
Revision of the tariff.
Banking and currency reform.
Destruction of money power
In the proclamation he is preparing
calling congress into extra session, the
president will state specifically that
he wants legislation enacted covering
the above matters. The president had
been urged to confine the work of con-
gress to tariff revision only.
AS a matter of fact, the president
merely told Palmer he was glad to
hear what he had to say.
DESTROYS of Early Start.
When the cabinet assembled Mr..
Wilson took up the question of rec
ommending reform of the currency
system, which would include laws for
the eradication of the evils involved
in the Capitalization of money and of
credits.
1t was the sense of his advisers that
this should be done as early as posi-
BILE and at a time when the senators
and representatives have not had
chance to forget their responsibilities
to the people.
1t is the intention of the president to
follow every step taken by congress in
dealing with both of the important
subjects upon which he win advise &C
ton. He expected to see the bills for
mulated by the house ways and means
committee respecting the tariff, and
he will not pursue the Taft policy of
waiting until these measures are in
conference before expressing his
views--a course which probably will
be sharply resented by the standpat-
tiers.
Advice in inaugural Address.
1t is his purpose to make every eff
fort and to utilize every agent at his
disposal to secure the realization into
law of the statements he made in his
inaugural address as follows:
The alteration Of "a tariff which cuts
us off from our proper part in the COM
merce of the world, violates the just
principles of taxation and makes the
hands of private interests"
Reform of "a banking and currency
system based upon the necessity of
the government to sell it's bonds fifty
years ago and perfectly adapted to
concentrating cash and restricting
credits
The new ways and means commit
tee, as created by the Democratic eau,
Gus assures the retention of control of
that committee by Representative I'm
derwood The Underwood policy con-
templates a tariff arranged upon a
rational basis which will furnish
revnue and abolish undue protection
without destroying American indus
tries.
New Tariff Bills Ready.
The bills revising the tariff schedule
by schedule and an omnibus bill are
ready for consideration by the new
committee. An income tax bill also is
being prepared. Before that body con-
siders these measures it is possible
they will be submitted to the president
for his opinion. 1t is not the inten-
ton of Mr.. Underwood to advocate
free raw wool and there is some con-
Germ as to what the president will do
in view of the fact that Secretary
Bryan inspired his followers in the
house to insist upon free raw wool
when schedule X was revised in the
last congress.
The Progressives are in control Of
the senate, as shown by the election
of Senator Kern of Indiana as Demo-
cratic leader and the appointment to-
days of progressive committee on
committees. The committee is made
up of seven senators, five of whom
rank as progressives and two as con-
seryatives. The progressive members
are: Kern, Lea Of Tennessee, Cham
berlain of Oregon, Owen of Oklahoma,
and Smith of Georgia. The conserva-
tives are Martin of Virginia and
Clarke of Arkansas.
May Create Bank Committee.
An effort will be made to prevent
Senator Simmons of North Carolina
from being elected chairman of the fl
nance committee, which has control of
tariff and currency legislation. It is
likely new committee will be created,
to be known as the banking and cur
rency committee, in which event the
finance committee will deal only with
the tariff. In order that Simmons NAV
not have control. it is intended to
make the majority of this committee
progressive.
In asking congress to take up the
banking and currency question at the
extra session. Mr.. Wilson shows his
appreciation of the Importance of this
subject and keeps the promise of his
campaign speeches and his inaugural
address, to fight for the release of
credit and money from the control of
the centralized findncial interests. IN
none of his utterauce thus far, h6w-
ever, has the president Indicated how
he thinks this can be accomplished,
Minck's ceIebrateK Hook