The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1913-05-16
SHOWS MORE FEELING
THAN IS HIS WONT
President Declares to News
paper Men That Two Bills
on Banking and Currency
Are Being Prepared and
Talk Indicates That He
Intends to Do His Own
Thinking in Drafting of
These Chief Measures
Especial Dispatch to The calp

Especial Dispatch to The CalD
WASHINGTON, May 15.-There is to
be no compromise on the part of Presi-
dent Wilson with the senate. He stands
on the tariff bill as it came from the
house and believes it should be adopted
by the upper branch in it's present
form. The provision for free wool and
for 1 cent duty on raw sugar, which
is to become free a the end of three
years. will stand If President Wilson
has anything TO say about the matter.
He made this clear in his weekly talk
with newspaper men this afternoon.
when he said with more feeling than
he has ever shown at such conferences
that once he takes his stand for a thing
he does not seek compromises. nor will
he agree to any compromises.
NEW CURRENCY BILLS
One of the most interesting state
nents made by the president was that
two bills revising the banking and
currency law were being prepared. He
said that one was being drafted by
Representative Glass. chairman OF the
house committee on banking and cur
rency, and the other by one of his own
friends, whom he merely identified as a
college professor The president did
not care to divulge the name of this
professor. In this statement with ref
erence to an outside bill. however,
there is evidence that President Wilson
intends to do his own thinking with
regard to the banking and currency
laws. which is the next big issue to be
decided by congress.
There Will be no reference to cap
italization. stocks or stock exchanges
In either currency bill. The president
made this statement in answer to a
question which seemed to surprise him.
and he added that such matters would
be considered separately.
The president said that he expected
that the currency bills would be ready
by June and that he also believed the
house would pass a bill at the present
session.
WAGE REDUCTIONS
His attention was called to the recent
utterances of Secretary Redfeld and
Senator Williams and others with ref
erence to investigating all cases of
wage reductions or closing of mills due
to the enactment OF the Underwood
bill. He was asked whether it might
be presumed that if wage reductions
could be stopped by the department of
commerce, the present scale of wages
could not just as easily be increased; in
other words, if the government had
legal authority for ha1ting wage reduc-
tions. why would it not be able to
bring about increases in wages at the
present time.
the intention of the administration to
do anything outside of the law. He
said that anybody had the same facility
for ascertaining the law as he had, and
that the only function of the investi-
gators for the department of commerce
would be to ascertain the facts and re-
port them.
QUOTES ARTEMUS WARD
with reference to the move made by
Senator Penrose for public hearings on
the tariff bill, President Wilson said
this was peculiarly a matter for the
senate to decide. 1t reminded him Of
the story of Artemus Ward. who said:
whenever 1 see a snake hole 1 look
at IT and see that it is a snake hole,
and then I walk around it."