The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1913-09-03
Do NOT APPROVE
CURRENCY BILL
WEST VIRGINIA BANKERS EH.
PRESS THEIR VIEWS ON
MATTER.
Congressman Sutherland Outlines the
Position Ne Will Take on
the Legislation.
BY CHARLES BROOKS SMITH.

W ASttlNGION. ID G. Sept The
bankers Of West Virginia and by
hat Is not meant the active worker
IN banking houses alone. but StocA-
holders Who have an intelligent idea
81 The character. operation and laws
gov"rninr their Investment are nv
no means ready 20 accept the Wilson
administration 81 new monetary meas
ut" and currency plan. 80 far a. u
has developed and they understand 10
after thoughtful study
This D. mad" evident nv scanning
the hundreds of letters Congressman
sutherland ha~ received from. them 10
answer to "a general letter ~ inquiry
sent ont TO them by him Nj Suth,.s-
land has taken the deepest interest IN
The currency question since the presI-
d"r. announced that 10 must be- con
-idcred ~ this special session ~ con
grcs~ For weeks he has studied fre
established laws upon tho subject.
the bulky volumes Of fh. monetary
commission and the PRESENT bill a. ~
has progressed upon ifs rouEh am
turbulent way 10 the committee ga
connection with this study the letter
Of inquiry was despatched fu bis Iu-
f"ff-f'd constituents 90 every section
~ his stat"
Valuable Suggestions
From these replies many Naluabl"
numerous pertinent ,uti,iems ct
fre latter there d. one general one
uuIrh finds fault with tho manner 10
which the bin has been framed 100 se.
rfei caucus. refu4al- being 4tNeu %
hearings upon The subject. and %
wholly unheard ~ DISREGARD of me.
Tishf fp be- heard on the part of men
Interested boz tho bankinr business
and. a. such representing fhD luNcst.
'd interests of millions Of -har,huId.
ore After 90 and 100 fhc end. no
measure is likely FOB he euoressfuI
That does not meet with the approval
90 tn'." Interests. and hY that DEL uot
meant Wall street LIf fIa hauklu-
Interests ~ tie ruUntf, generally o.
81. fh" smaller of country banks fnaf
af' flr most persistent pfufs.faufs
frainaf some of rho features az fhe
p"ndInc hill Thi. f- true boz West
virginia o. o. is of rho country leu-
orally
TalkInc ON 'ho b,u in general
way today. tongr"-suan sutherland
SAID
sutherisnds views
Tn The hrrt pla," . avn Inclined m
SCAN very closely OBJ" product 81 60
secret caucus and tho BANKING ann
currency hu O.. child tla' thaf 49,
credited w'fhud of legislation. just qe
it The new farT bill
afu convinced ~ tho necessity
rf LEGISLATION to provide fof moro
elastic rurfrurt and 'u tp place the
rre"rtra ~ our national and stats
bank. chat they ray he utilized fu
Time az financial stress. ann really
anxious Co support a reasonable hUI
That VIII accomplish these ends
doubt 'Nse'dinglv tho ability az our
Democratic friends fo produce con
fffut tive legislation alunl those
lines
Now that their secret rau.u. has
Fis'n birth fo a h.Il 2 hope W. uf
uur,fv members may soon see DO Iu .t1
hual shape The uririual drafts were
uuaHft-fHrtUrN In SOME lwuuffauf 90.
'pr'f- fo the bankers and business
l"npi" or uuf .fafs 10 The uruJfre
hIl seems likely fo EIts rrIi.f fo ft.
people Of our state Dos makInr ftsIr
financial conditions more stable. I'd
without inn.'Hug pc,un.ary Ioss