The Barre daily times. (Barre, Vt.) 1897-1959, 1913-07-01
The Public Is to Know the
Truth, No Matter Who
Is Besmirched
PRAISE FOR SEC.
McREYNOLDS
The Federal Reserve Money
Board Is to Be Non
Partisan

Washington, July 1.-The lobby has
ceased to emDarrass the Administration
When the present investigation ends,
lobbying as a profession will be classed
with the dodo and other things ex-
| tinet!'"
| That at least is the view taken BY
President Wilson. When he saw the
newspaper correspondents yesterday the
executive wore the placid expression of
the cat that had swallowed the canary.
CARRIED in a suit of immaculate liuen
which set off to advantage his spare
form, the president looked cool despite
the heat of the capital in midsummer.
His very first remark indicated that he
was greatly pleased with the latest
lobby developments, although for Oh
vious reasons he did not care to discuss
them in detail
The president made it very plain
however, that he is behind full and
complete inquiry into every phase of
the question. He believes that tie
charges of Judge Lovett and others that
an attempt has bsen made to hold up
Wall street interests on behalf of GER
tain lawyers; that the National Asso-
citation of Manufacturers crushed or
made Congress at the within of its Off
Gals, and that subterranean methods
have been used in creating terrorism in
national legislative halls, should all be
probed to the bottom. And the presi
dent himself is the authority for the
statement that the public must know
the truth no matter who may be be-
smirched or what their political belief
may be.
The president maintained his position
regarding the currency bill. The agita-
ton OF the bankers to be permitted to
name minority membership in the
Federal reserve board has not switched
him from his original position that the
executive should be entirely response
bic for the makeup of this board. The
demand that the bill be amended 80
that this board be made bipartisan
will receive no support from the present
Administration.
President Wilson believes that the
currency should not be political ques-
ton. He does not believe that any man !
who was elected by the majority of the
electors Of the nation, would ever play
politics" with such an important mat
ter. And, so far as he is concerned lie |
is willing that the reserve board should |
be non partisan and not bipartisan.
Therefore. he viii stand squarely by the
bill as at present framed
SO far as the currency bill is con-
,erned it is nowhere the object of pop
llar interest that the tariff bill has
)een. President Wilson has received
My one important communication on this
ubiect and this came from the legisla-
i've committee of the American Bank
RS association. On the tariff he re-
eived dozens OF letters daily.
The president considers the Caminetti
Incident closed. He has ordered that
he cases be prosecuted with the utmost
diligence and believes that is all he is
allied on to do at this time. And it can
e stated on the best of authority that
he developments in the matter have
ot interferTed with the confidential re-
atoms between the president and the
ttorney general. The president con-
inues TO repose the utmost confidence ,
. McReynolds. /,
Progress is being made with the Jap :
nese negotiations and the president in. /
mated yesterday that he is very hope
1l that all points in dispute will soon
e amicably adjusted Q