Evening star., 1914-07-11
F0RPUBL|C|TY|N
BANK BOARD ROW
Senators Opposing Warburg
and Jones Aim to. Lift
Ban of Secrecy.
WOULD LET THE PEOPLE
JUDGE MERITS OF CASE
Presidents Course in Supporting
Federal Reserve Nominees Com.
mended by Business Men.

Members Of the Senate. democrats and
republicans alike. who are opposing the
confirmation of Thomas D. Jones of Chi
cago and Paul NJ. Warburg of New York
as members of the federal reserve board
are determined that all the facts in these
cases shall be made public in view of
the statements from the White House as
sailing the motives of the opponents of
these two nomina tions. 1t is expected
that motion will be made to have the
consideration of these nominations in the
open Senate.
1t was pointed out today that the fight
over these nominations differed from the
discussion of the great majority of nom
nations sent to the Senate; that many
statements both for and against the NOM
inees had been made public through the
press, and that the only way to settle
the matter to the entire satisfaction OF
the country was to give publicity to the
debate in the Senate itself
If President Wilson insists upon taking
the public into his confidence regarding
the appointments of these two men, Sena-
tors opposing them believe that the Sem
ate should be equally frank in the matter
They insist that if all the facts are laid
before the country the people will then
be able to judge which is right. the
President or his opponents.
Would Lift Ban of Secrecy.
Senator Hitchcock, acting chairman of
the banking and currency committee of
the Senate. said today that when he re-
ported the nomination of Mr. Jones un-
favorably to the Senate Monday he
would move that the injunction of secrecy
upon the testimony of Mr.. Jones before
the committee be removed and that it be
made public. This testimony has already
been printed.
Senator Hitchcock said he was receiv-
ing large number of letters from vari-
GUS parts Of the country for and against
the confirmation of Jones and Warburg.
He said. however, that SO far as he knew
not a single banker in New York had
opposed Mr.. Warburg's nomination. He
added, too. that there was little opposi-
ton in the Senate committee to Warburg,
but it would insist upon havink him be-
fore it.
Although Senator Hitchcock says he
thinks the Senate will reject the nomi-
nation of Mr. Jones when all the facts
are before it. some Of the other demo-
Gratis. even those opposed to Mr.. Jones,
believe that the administration may sue
ceed in putting the nomination through
the Senate, notwithstanding the facts.
They insist they never saw su6l sub
serviency to the President as seems to
exist in the Senate today.
No member of the committee could be
found who had received copies of an
anonymous document in circulation here
which is in the nature of dummy" ex-
animation of Mr.. Warburg. being a sug-
gestion of questions which the committee
might ask the New York banker should
he appear. Should the committee re-
CaiHyo v,{fot $at-
ed. no attention would be paid to it.
Presidents Course Commended.
The Presidents statement in support of
Paul Warburg and Thomas D. jones' in
condemned merely because they were
connected with big business" was said
today by White House officials to have
brought forth commendatory letters from
a large number of business men.
Seth Low. president of the New York
Chamber of Commerce, today sent the
following telegram to President wilson:
Both officially as president Of the New
York Chamber of Commerce and per-
sonally / am glad you propose to con-
tend for the confirmation of Mr.. War
burg. His pre-eminent equipment the
large sacrifice he is making in order to
be of service to the country at this juno
ture and urgent necessity of making the
currency law successful from the start
all make his prompt confirmation a mat
ter of supreme public Importance
In confirmation of prediction of SEN
ator Hollis of New Hampshire that some
of the republicans would support Jones,
a telegram was received yesterday by
Senator Lewis of Illinois from his repub-
lican colleague. Senator Sherman. saying
that he intended to vote for Mr.. Jones'
A telegram was received by Senator
Hitchcock from the Manufacturers AS
sociation of Illinois protesting against
the attitude of the banking and currency
committee regarding the nominations of
Mr.. Jones and Mr.. Warburg and asking
that their nominations be confirmed The
telegram was signed by H. G. Herget.
president of the association