The evening times. [volume] (Grand Forks, N.D.) 1906-1914, 1913-12-20
CURRElNAb|[L
TO CONFERENCE
Hot Debate n: House Over
the Attempt 70 Accept the
Amendments q immediately 7
NEW YORKsRlANKs .~
READY TO ABIDE
Though Free ine4 to Drop Fed
eral ohar.ers, ao. Probable That
Such Step wn y T~ken-Early
Action Expecte on Changes.

Washington, DsE .20.-The currency
bill struck q sna2f M its way to con-
ference in the hpA when q fght was
made over the k4aher Of conferees
and the questieisM separate vote
o. on ,,.sa some s.,.t, Of thssxaats amendments
Representative Eissss asked unan,-
nous consent III 13sAEree to the SEN
ate amendments|alidys send the bill to
conference. HaFAkick Of Georgia ana
Madden Of IllinSas; contended the
house should haYG a; many conferees
a. the senate. Aey said they de-
Of the amendmeM
Underwood isecSSsd unanimous con-
Of Oklahoma MOVED sto concur in the
senate amendmS4R The reading Of
fifty pages Of changes was ordered,
causing .,;a a long dssy.
made futile fiEhE 20 accept the SEN
ate provision for WA guarantee Of de-
posits and redisnS,tht Of six months
on agricultural H1Aer. and nve year
farm mortsases ans by national
After a hot dshAse the administra-
ton leaders had efeir way and sent
the currency bill 10 the conference
com mmittee. Attempts to concur i'm
mediately in the senate amendments
were defeated.
Do Not Fear Threats.
New York, Dec, 20.-The passage
of the currency bill in Washington
finds the local banking community,
which was none oskindly disposed to
the measure in its early stages. more
or less ready to aecept the salient fea-
lures of the bill. 1T is not thought
that any of tho thirty-six national
banks here, at leaSt none Of import
ance. will carry: out the threat so Oft
en- heard a few weeks ago to relin-
guish their fedefat charter and oper-
ate under a state. charter. Such q pro-
cedure would neceasitate returning to
the government the reserve moneys
held and retire. the circulation OUT
standing against government bonds.
Passing of Currency Bill.
Washington, Dec. 20.-The admin.
istration currency reform bill. pro-
posing revision ~ the financial sys-
tenn .s5% q TBS En,s Sta @ tss ns and sc,
and f1nancialAworld. passed the senate
last night BY vote of 81 to 81.
The forces that fought together for
the Improvement and amendment of
the measure. divided when the final
vote came. Hitchcock, who led the
opposition. returned to the demo-
cratic ranks and Weeks, one Of the
leaders Of the republican side, with
five other republicans and Poindexter,
progressive. voted for the passage of
the measure.
Wide difference exists between the
form Of legislation passed by the SEN
ate and the bill passed by the house
months ago. The democratic leaders
already have partly adjusted the diff
ferences, and have predicted the bill
will be completed by conference
committee and sent to the president
for his Signature by Monday night.
The adoption of the administration
bill known as the Owen bill." fol-
lowed the formal defeat. "A to II, Of
the Hitchcock bill." endorsed by
Hitchcock and five republican MEM
bers. which evenly divided the senate
currency committee. The senate pre-
viously rejected, without roll call,
the central bank" bill offered by
Burton.
Crawford and Sterling were among
the voters favoring the owen bill and
Clapp. Nelson, .Gronna, la Toilette
and McCumber- voted against the bill.