New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-06-16
InSiStenCe on Immediate Cur
renCy Legislation Threatens
MomentouS Free-fOr-
All Fight.
FABIAN TACTICS BY BRYAN
Secretary Fears Wall Street
Both House and Senate
Leaders Stoutly Oppose
Action at This
Session.
From The Tribune Bureau. !

diate currency legislation, he takes the
chance Of causing an open break in his
party, acts in opposition to the advice
of Senate and House leaders and forces
a dangerous issue. which may keep
Congress in session until winter and
bring about complete disintcgration of
party SOLIDARITY
The President, il is also learned from
unquostioncd authority. might have
sent I'm his currency message several
weeks ago had II not been for efforts
To bring about unanmty Of opinion
Ilarourd the Cabinet table. II is known
that Secretary Bryan, although not
seeking to impose his views upon the
President and the Secretary Of the
Treasury. has been the controlling fac
tor IN the delay Of the message. which
Mr.. Wilson said nc expected 10 send TO
Congress BY June !.
From equally reliable sources it is
asccrtaincd that. with the exception Of
Representative Glass. chairman of the
House Committee on Banking and cur
rcncy. no House leader favors currency
reform at this session Of Congress.
The President has been so informed
by one of his spokesmen in the lower
chamber and has heard similar views
from other House leaders. The Senate
Democrats are equally ukewarm.
Corporal's Guard His All.
The statement was authoritativcly
made at the Capitol to-day that less
than a dozen men I'm the two branches
of Congress were heartily with the
President I'm his demand FOR immediate
action.
Secretary Bryan's indirect hut dis
turbing opposition is understood to bs
predicatcd upon two salient features or
the proposed currency bill The pre-
micr Of the Cabinet is opposed 10 asset
currency, and fears that even the fed
craI Board of Control 60 supervise note
issues may fall under the domination
Of Wall street and tho banks. In
agreeing that this board, instead Of the
regional reserve associations, shall
make the note issues, Secretary Nc
Adoo has only partially appeased the
Nebraskan.
Speaker Clark, representative Tn
dcrwood Representative Henry and
other House leaders are wholly indis-
posed to make the currency bill a Party
measure unless il is at least generally
acceptable TO the rank and file. With
the assurance that the bill Will pro-
vide for asset currency there is no pos
sibilty of general approval In the
House and currency reform, il at
tempted. will evolve into "A free-for-all
fight. fraught with serious danger for
the Democracy.
Diseord Beyond Denial
The antipathy Of Senate and House
Democrats toy ard the Presidents
plan for Immediate action on currency,
Mr.. Bryan's lack OF sympathy with the
fundamentals the Wilson McAdoo-
Glass bill, the underlying causes of the
Presidents delay in transmitting his
currency demands and the general
feeling Of fear and unrest in Demo
cratic quarters were outlined coniden-
tally to-day by those so high in The
councils Of the party that the existence
of serious disagreements Is certainty.
Even a White House or State De-
partmont denial Of the facts here stated
vould scarcely detract from their force
or raise a doubt in the minds OF those
in touch with what is happening in the
big field Of national politics.
That the President is forcing an issue
which may prove boomerang and de-
ecend upon the head Of disrupted
marty organization Is privately ac-
,rowledeed by leaders who would not
dare 70 express their real views for
publication.
The President, however. is insistent
that currency reform shall be under
taken now. despite first hand informa-
ton that the legislative wing OF the
Democratic party Is not in accord with
his programme for hurried action. II
a bill is reported the President alone
will assume responsibility. Affairs are
sbanine TO this outcome in the Senate
and House particularly in the latter
bodv. where there is practically no SEN
,,noent for currency reform at the extra
session.
Indications are that currency BILL
ION with the leverage exercised by the
white House. can he put through the
1Iouse only with the greatest difficulty
and after much pickering. 1t Is freely
oredicted at the Capitol that 1t will be
ironossible TO put such measure
,hrouch the Senate during the extra
session.
Parallel in Cleveland Fight.
That trouble was brewing in Demo
.o,ic ranks over currency reform and
,,e somewhat arbitrary attitude Of the
p.osident thereon, was exclusively an
or,red in The Tribune's dispatches Of
ntav ~ and May 80. Politicians and
ousnapers furnishing stereotyped de-
malls of such reports at the time are
nou, fully aware Of the approaching