Las Vegas optic. (East Las Vegas, N.M.) 1908-1921, 1913-12-23
BOTH HOUSES PASS ACT
AGREEMENT is NOT REACHED
UNTIL MUCH ACRIMONIOUS
DEBATE OCCURS
REPUBLICANS ACCEPT II
THREE MEMBERS oF~THE q. o. P.
VOTE FOR THE DEMOCRAT
Ic LAW

Washington, Dec. 2S.-The confer
ence report on the administration
currency bill was approved by the
senate today by vote Of 43 to rs.
AS the house has already approved
it there remained only the signature
of the vice president and the speaker
to complete the measure for President
Wilson's signature.
Three republicans and Senator
Poindexter, progressive, joined the
democrats voting for the bill in its
final form. The republicans were
Senators Jones, Norris and Weeks.
With the presidents signature at s
o'clock tonight, the hour set by White
House officials, the bill becomes law,
although it actually will not become
effective until the new system has
been organized by a committee Of gov
ernment officials designated by the
measure. The comptroller Of the cur
rency is one Of those. That office is
now vacant and one of the first steps
in putting the new system into force
will be the appointment Of comptrol-
ler Presidapt. Wilson Il expected to
select a man soon.
A bill for the guarantee of bank de-
posits, feature eliminated from the
bill, was introduced Immediately by
Senator Williams, democrat, and was
sent to the banking committee, where
it will be taken up after the holiday
recess.
Immediately after its acceptance by
the senate, the bill was rushed back
to the house, where Speaker Clark
signed it at $50 o'clock p. m.
The passage of the report was
greeted with little demonstration.
The administration currency bill
entered the last stage Of It's passage
when the senate met at 10 o'clock
this morning to take up the confer
ence report, which already had been
delayed "a hours by difficulties in
the house.
Backed by the overwhelming DEM
ocratic majority Of the house, the Dfll
came to the senate, for what leaders
confidently expected was the last
time, with the agreement on all dis
puted points approved by the lower
body
When the senate debate began, un-
der the agreement to vote by 2:8O
o'clock this afternoon, Senator Bris-
tow, one Of the republicans Of the
banking committee, who had been de-
MED admittance to the deliberations
of the democratic conference, held
off with an attack, saying he propos-
ed to express his opinions so that
they would get into the permanent
record.
The agreement placing the secre-
iary Of the treasury. secretary Of ag
riculture and comptroller Of the cur
rency on the committee to organize
the new system, he declared, was a
move to bring the whole system UNI
der political control
Senator Bristow declared he believed
Senator owen had excluded him from
the conference for fear he would join
some of the democrats against owens
pet measures"
TT was done because he knew he
could not control my vote" cried Mr..
Bristow. "as he could not control the
votes of some Of his democratic col
leagues, in the interests Of certain
great banking interests that have had
a hand throughout IN framing this
bill. The senator from Oklahoma has
accepted the most offensive provisions
Of the Aldrich bill and has covered
them with mask to deceive the peo
pie"
Senator owen declared Senator
Bristow had been excluded from the
deliberations of the democrats. be-