The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1913-10-19
CURRENCY REFORM
COMING RAPIDLY RAJ
PRESIDENT "NUDGES THREE DEM.
oCRATic SENATORS INTO LINE
LAW DECEMBER.

Washington, Oct. iS.-President vii
son took a hand in the situation in
the senate banking and currency com
mittee today personally inQuiring OF
Senators Hitchcock, Reed and OGor
man, the only three democratic sena
tors whose attitude has been a matter
of doubt to the administration, just
what were the prospects for currency
legislation during the present session
of congress.
Later the president described his
individual conferences with the three
senator's as satisfactory and reiterat-
ed his confidence that the measure
would be passed by the senate before
the December session.
Mr.. Wilson told the three senators
that he had been asked by Representa-
tive Underwood what the house was
to do as to recess, since members
were growing restless under the de.
lay. All three senators assured the
president that they favored an early
report on the house bill.
Senator O'Gorman declared that if
the bill was not made a partisan
measure, but was so framed that some
republicans could support it, there
would be less debate in the senate
and the measure could be passed dur
ing the present session.
Senator Hitchcock said he saw no
prospect yet for action during the
present session, though he thought
report from the present committee
could be obtained during the first
week in November.
Senator Reed issued a statement
after his conference with the presi. |
dent declaring the pending bill could |
be improved by amendment; that the
hearing had brought out valuable !
points, and that the attempt to pic
-ure me as fighting the president was
as false as it was ridiculous The hear |
ngs now are nearly ended he added !
and think the minds of the members |
ire clearly drifting together. Had we
in haste, | think there
would have been created a breach
which would inevitably have resulted
n long delay and possible defeat of
my remedial legislation.
President Wilson was greatly en-
outraged by the conference and was
onfident that unless obstructionist
actics developed on the floor of the
enate, the bill would pass before De
ember.
The presidents personal canvass de
eloped the fact that many amend
lents to the house bill were being
repaired. He is reported to have told
ne senators, however, that as long
S the fundamentals of the house bill
re retained among them, provision for
ne tldSllCIIH Ol JHc currency SAFE
yards against concentration of re. ,
erves, and the establishment of gov |,
rnment control over a regional re. =
erve system, he would not object !
} other material changes in the bill G
A committee of the United States !
hamber of commerce, including Presi- y
ent Harry A. Wheeler of Chicago, z
Iallace D. Simmons of st. Louis, the t
hartman of the currency committee; a
dmund ID. Fisher, deputy comptroll.
r of the City of New York, and Jos. n
oh French Johnson of New York, h
rought the result of a referendum Il
1te taken among the members of
e chamber This report recommend. II
several amendments including one n
cut down the number of reserve +,
inks from twelve to three, to be To- u
ted in the present central reserve Fl
ties, New York, Chicago and ST. c
)uis.