Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-12-20
VOTES 81 TO34
ON CURRENCY BILL
Senate Passes Owen Measure
and Sends 1t at Once to
Conference.
SIX REPUBLICANS JOIN
DEMOCRATS AT FINISH
Senator Hitchcock Also Falls Into
Line, After His Substitute Has
Been Defeated.

me administration currency reform bill,
proposing a revision OF the financial sys-
tenn of the United States and the creation
OF regional reserve banks to act as sta
bilzing elements in the banking and
financial world. pashed the Senate last
night by a vote of ~ 10 - The vote
was completed al 7:40 o'clock
Forces that had fought together for
improvement and amendment OF the
measure to the last divided when the
final vote came. Senator Hitchcock. who
had led the opposition TO the BILL re-
turned 10 the democratic ranks and
Senator Weeks, one of the leaders on
the republican side. with five other re-
publicans, and Senator Pondexter, pro-
gressive, voted for the passage OF the
measure.
Defeat of Hitchcock Bill
The adoption Of the administration
bill. known as the owen BILL" followed
upon the formal defeat by a 10 Al of the
Hitchcock BILL The Senate had previously
rejected, without roll call. a central
bank bill offered as substitute by
Senator Burton.
The senators who voted for the owen
bill Were:
Democrats-Ashurst. Bacon. Bankhead.
Bryan. Chamberlain. Chiffon. Clarke.
Fletcher. Gore, Hitchcock. Hollis,
Hughes, James. Johnson. Kern, Lane,
Lea. Lewis, Martin, MARITIME, Myers.
Pitman, Pomerene, Ransdell, Reed Rob
inson. Salisbury, Shafroth Sheppard
Shields. Shively. Simmons. Smith OF
Arizona. Smith of Georgia. Smith OF
Swanson. Thomas. Thompson. Tillman,
Nardaman. Walsh and Williams@1.
Republicans-Crawford Jones. Perkins.
Norris. Sterling and Weeks-6.
Observation-Disclosures
Those who voted against the bill We're:
Republicans Borah, Bradley. Brady,
Brandegee. Bristow, Burton Catron,
Clapp. Colt. Cummins Dillingham;, du
Pont Gallinger, Golf. GTonna. Jackson.
Kenyon, La Toilette. Lippitt McCumbar
Mclean. Nelson, Oliver, Page. fenrose,
Root. Sherman. Smith oil Michigan
Smoot. sutherland, Stephenson Town
send. Warren and Works-iI.
Absent and paireG-Burleigh. Clark of
Wyoming, Culberson, Fall, Lodge Stone
Thornton
Nacancy-Aldbama.
Mrs. Wilson in Gallery.
Mrs Wilson, with party of friends
from the White House; Secretary Nc
Adoo and Joseph p. Tumulty, President
Wilson's secretary. We're interested spec
tators OF the Senate's proceedings. Mrs.
Wilson stayed in the private gallery until
. o'clock. but left before the bill had
passed.
To hasten final enactment of the bill
mat Is expected 10 reOrganiZe and give
balance 10 commercial and financial cca-
u4u0nS, the Senate named Last night its
conference committee. which WI work
with House committee TO compose the
differences between the two bills The
members are: Senators Owen, O'Gorman.
Iseeu, Pomerene, Shafrotn and Hollis
democrats, and Nelson, Brlslow and
crawford. republicans
Members of Congress Barred.
Senator La Toilette proposed two
amendments just before the bill came to
vote. one of them was written into
the bin and the other rejected by an
Overwhelming vote.
The frst provided that No United
States senator or representative in Con-
gress shall be a MEMBER Of the federal
reserve board. a director in q federal
reserve bank or an OfnceT or director OF
any member bank. This amendment
was adopted without a roll caIl The
second amendment provided that no mem
Der Of the federal reserve board nor any
officer or director of a regional or memb Der
bank should be director or officer OF
any other bank. trust company or in
surance company
Senator owen declared he favored pro-
hIDt Ions against inteflocking director
ates, but that the La Toilette amend
ment would destroy much of the eff
fectiveness of the new law. 1t was de-
fcated. 81 to so.
Senator Hitchcock announced his pur-
pose to vote for the Senate bill as
finally completed, because OF its great
Importance to the financial world. My
whole nght has been to strengthen and
improve the bill, and 10 prevent hasty
and laundering legislation" he said
Senator Weeks said he would vote
for the measure because it was "75
per cent good and only % per cent
bad" and improvement over exist
ing conditions.
Vice Presiden. Breaks Tie.
The democrats were forced to call