The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-07-10
COMMITTEE VOTES
TO REJECT JONES
Administration Loses First Stage
Of Fight to Have Senate
Confirm.
REPORT EARLY NEXT WEEK
Further Consideration of War
burg Nomination Is Post
poned Indefinitely.
REPORT EARLY NEXT WEEK

confirm the nominations OF Thomas ID.
Jones. Chicago. and Paul NJ. War
burg. New York, as members of the
Federal Reserve Board. The Banking
and Currency Committee voted to
to report unfavorably the nomination
of Mr.. Jones. and postponed indefinite
ly further consideration OF the nomi-
nation of Mr.. Warburg.
The Jones report Will be submitted
early next week. and debate over his
confirmation will be- resumed on the
floor of the Senate I'm executive ses-
sion. The committee Will take no fur
ther action on the Warburg appoint
ment. unless the New York banker
decides to accept the committees in
vita ton to submit to questioning. The
next move, according To committee
members must come from Mr. War
burg.
The committees action was taken
in the face of the Presidents deter
mined effort to have the appointments S
approved. In his conference with
newspaper men to-day the President
made il clear he would keep up the
fight.
JEWS IS CONDUCTING
FIGHT FOR CONFIRMATION.
Senator Lewis. or Illinois. is CON
ductinE the fight for Joness contirma-
ton. II was understood he counts on
Il majority Of TWO to put the nomina-
tion through. but a half dozen Senator'S
might delay confirmation for many
weeks. ii not defeat il entirely y
real campaign to put the Jones noini-
! nation through might cause the Scna-
tor TO abandon its work on antitrust
| legislation.
Opposition to Jones was based on
the fact that he is director OF the
international Harvester COMPANY, now
| being sued under the Sherman anti
trust act Senator's Lee. of MARYLAND ::
| Hoftts. Pomerenc. aud Shafroth, all
| Democrats. voted for favorable report
on this nomination; while Senators
Hitchcock and Reed, Democrats. and
! 1ristow. Nelson. Crawford. Weeks and
| Mclean, Republicans. voted for an un-
I favorable report. There was little
criticism Of MI. Jones other than that
he was :; director Of the harvester
company
OBJECTION TO WARBURG
For REFUSAL TO APPEAR
Objection 10 Mr.. Warbnrg 50 far is
/ based on the fact that he has refused
/ the committees request 10 appear and
/ submit TO questions about his business
connections. Committee members hold
| that unless the Senate has an oppor-
tunity 10 gain necessary information
about nominees. IL hardly be eX-
/ pectcd TO make combinations.
Mr.. Warburg, IL is authoritatively
stated, has notified the President that
he has rcconsidered his previously an
nounced determination To insist on the
withdrawal Of his nomination and has
consented TO permit the nomination TO
stand. provided he is not required to
submit TO u cross examination at the
hands Of the Senate Banking Com
mittee.
Members of that committee assert
ed to-day that confirmation of Mr.
WarburG as a member of the Federal
Reserve Board would not he forth
!
esced In the requests of the commit
tee. And the President. it was stated
was equally determined that his nomi-
nee should be confirmed without the
proposed inquisition before the SEN
ate committee
That the committee is fully as de
termined in its stand as is the presi-
dent in his was made manifest to-day,
when Senator Hitchcock. acting chair
man OF the committee, declared that
that body is united in the determine
tlon not TO consider MIR. Warburg's
nomination. until the New Yorker shall
appear before the committee and give
it the information II desires.
APPARENT DEADLOCK
IN CASE OF wARBURI
AS the President insists that the
nomination shall be confirmed with
out this action on the part of War
burg, it is apparent that /: deadlock
has arisen. and that u clash between
the President and the Senate commit
tee is imminent
President Wilson received a tele-
gram to-day from Mr.. Warburg. The
contents were not made known, but it
! is understood the New York banker
is perfectly willing for the committee
| 10 make any and all Investigations OF
his record 1t wants. but he does not
| feel that the committee has any right
to put him through the third de-
gree" for political purposes. lie has
apparently consented to the President
| keeping his name before the Senate
and letting the fight go to the floor OF
| that body. The Presidents informa-
tion is that the Senate VIII not sus-
tain the committee II II reports un-
favorably on Mr.. Warburg.
! iCONGRATULATED on STAND
IN UNFOLDING NOMINEE
The President to-day received a num-
ber of kilograms and letters congratu-
!atnE him on his statement yester-
day as to Warburg, and assuring him
that his strong words would go far
toward "a better feeling and spirit in
the ranks of business throughout the
| country.
\ letter from the Chicago delegation
of business men received yesterday by
| the President, indorsing Mr.. Wilson's
| statement in support OF Mr.. Warburg
and Mr.. Jones, was made public ut the
White House.
mo more hopeful. help. finer
words ever have come from the White
| House. and we believe they will meet
with the nations hearty approval"
said the letter
"rhe nomination OF Mr.. WarburS will
stay just where il is, before the Senate
Banking and Currency Committee. un-
til doomsday IL he continues TO refuse
to come before the committee and give
IL information to which 1t is entitled"
said II prominent member of the com
| mittec to-day, who refused 10 allow
himself to be quoted
The committee was informed Of the
statement given out nj the White
House to the effect that Mr.. Warburg
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