The Mena weekly star., 1913-11-13
RUBS WALL ST.TAR
 ON SENATOR REED
Garter Glass Says MiSsOurian Is Working for Things Wanted by Eastern BankerS-USeS
 UntruthS.

Washington, Nov. 9-Carter Glass of Virginia, chairman of the House banking and currency committee, ln a statement given out last night bitterly assails Senator J. A. Reed of Missouri for his unfavOrable comment on the administration currency bill. Reed recently sent a letter to his constituents in which he attacked the bill favored by the president Chairman Glass reply Is accepted as NOicing the view ot President Wilson, and he doesn't spare the Missouri member of the Senate banking committee, in which body the bill is lying. Chairman Glass says:
 "While know nothing of the fac tional duarrels of Missouri and do not propose to concern myself with Senator Reeds political disputes in his own state. have a very decided interest in currency legislation and am not disposed quietly to submit to fragrant misrepresentations of the House bill. the House commit tee and the House itself, such as Mr. Reed has here projected.
 "A MiSStatcment of Facts"
 Senator Reeds comment on the currency bill purports to be a plain and unvarnished statement of facts From beginning to end it Is mis- statement of facts either directly or by implication. His very first as sertion to the effect that the bill was drawn by H. Parker Willis, editor of the New York Journal of Commerce, generally known as a Wall Street publication is obvious ly made to prejudice the measure with those who detest Wall Street influences.
 If the statement were literally Brue, sufficient answer to the inti- nation that Doctor Willis was con- trolled by alleged Wall Street con- uections might be found in the fact that no newspaper in the United States has more bitterly condemned the House bill than the New York Journel of Commerce.
 Tt might be retorted that the Missouri senator should not make a convenience of his Wall Street antiquities, applying them when it is sought to discredit the House committee and suppreSsing them when he gulped down the scheme for a central bank, brought to Washington by Frank A. Nanderllp, with the most extensive Wall Street connection in the world and Henry Davison of J. p. Morgan X Com pany. who figured conspicuously in she money trust investigation.
 Is An Administration Measure.
 The assertion that the bill is in no true sense an administration measure is completely answered by She statement that nearly all its fundamental features were agreed upon tentatively by the president and me at Princeton and Trenton before Mr. Wilson's inauguration; that every material alteration from the first draft was submitted to the president and his advisers, and by Ehem approved before the bill was introduced in the House; that the president has many times publicly said that he stands for the main features of the bill as it passed the House having repeated this decla- ration in writing within the last ten days in rejecting scheme pre- pared by certain Wall Street bank CTS and approved by Senator Reed statements Amazingly Untrue
 The attempt of Mr. Reed to have lt appear that the House bill is { erudely conceived and hastily con- sdered measure is without excuse or defense. Scarcely one statemen that he makes as to the origin ol progress of the bill or as to it. provisions, can be justified.
 Some of his assertions are sC amazingly untrue as to make it diff fcult to account for them on an! hypothesis in the least degree to hi credit.
 MT. Reeds efforts to make thu people of Missouri believe that haphazard currency bill, repeatedl. indOrsed by a Democratic presiden and Democratic secretary of tn treasury, was bunglingly thrown to gether and hastily damned througl a Democratic House of Representa- lives with less consideration an debate than is frequently given t an argument of an important lay suit Mr. Reed failed utterly t state the facts.
 "Neither Mr. Reed nor anybOd else can cOnfute the assertion tha this bill had more thorough prepa ration and more prolonged con sideration than all the currenc measures proposed since the adop ton of the National Bank act lift years ago.
 MT. Reeds circular letter is lit orally saturated with misstatement 0f the kind I have indicated"