Evening star., 1913-11-17
SENATE TOHASTEN
THE CURRENCY BILL
Belief That Both Sides Will Be
Ready to Report
Wednesday.
CONGRESS MAY ADJOURN
SATURDAY, LEADERS SAY
Republicans Cooperating With
Senator Hitchcock in Framing
Nop-Partisan Measure.

Many conflicting reports regarding cur
rency legislation and a possible adjourn
ment of Congress next Saturday until
December |. the regular session date
were rife q the Capitol today.
Chairman owen OF the banking ana
currency committee said he thought tn.
currency bill would be reported to the
Senate Wednesday. the administration
democrats making one report and the re-
publicans and Senator Hitchcock, demo-
crat. submitting another
The administration democrats are all
ready with thei report.
Senator Bristow. one of the republican
members of the committee. said he
thought the republicans might possibly
complete report by next Thursday. He
said the republicans and Senator Hitch
cock had made considerable progress with
the bill today.
The sentiment in favor OF an adjourn
ment Saturday until the opening OF the
regular session is strong at the Capitol.
but the President has not Yet been con-
suited regarding this matter, IL was said.
Senator Shafroth of Colorado. one OF the
administration democrats, said In his
opinion there was no good reason TO OPP
pose an adjournment. and that many or
the senators had today expressed them
selves in favor of an adjournment:
Gives Republicans a Chance.
Il do not think that such an adjourn
ment would delay the consideration OF
the currency bill by the Senate" said
Senator Shafroth. 1T will give the re-
publicans an opportunity TO perfect their
reconstructed bill. which is necessarily
big task
| Senator Owen said he saw no particu-
lar reason why an adjournment should
not be taken Saturday. He said he
believed it likely that soon as the
| reports of the two wings OF the COM
| mittee had been submitted TO the SEN
ate there would be caucus OF the
democrats favoring the administration
bill, and similar caucus OF the op-
| ponents of the bill.
The republicans still maintain. how
| ever, that they are anxious to treat the
| currency bill from non-partisan
standpoint. and if this is the case IL
| is doubtful whether they hold a caucus.
| Certainly no caucus viii be held un-
less the democrats, by caucus action IN
| favor of the administration bill, COM
pei the republicans to make such
move
Opposes Taking Recess.
a motion to adjourn the Senate until
| Thursday. to allow the currency commit
tee further tine, evoked some opposition
on the floor Senator Ashurst opposed
the morton declaring that the Senate
should meet every day and should do sucn
business as might come before il.
| He said that the country believes the
committees of this body are graveyard
committees" and declared that unless
| the democrats proceeded TO do legislative
business they would be repudiated By
| the country The motion To adjourn 10
Thursday prevailed. however, after
| brief debate.
| Chairman Kern Of the democratic eau
Gus said that while no call had been 10
sued for currency conference. II one
were held he would not oppose an ad-
journment OF Congress while the caucus
was in session.
Suggests New Scheme.
Senator Newlands of Nevada, in .
1 speech on the floor of the Senate today.
| suggested a new currency scheme. lie
outlined plan by which reserve asso-
cation would be formed i'm each of the
| forty-eight states. and federated into a
general federal reserve association. Sena-
| tor Newlands urged early action on the
| currency question.