Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1914-01-19
WILLIAMS CERTAIN.
OF CONF IRMATION
As C0NPTR0LLER
Nothing Substantial Found IN
Reported Opposition ia Sen
atei Treasury Official An
tagonized Interests
ESPECIAL DISPATCH TO MORNING JouRsAu

Especial DISPATCH TO MORNING JcuRNALi
Washington. Jan. 1S-John Skel-
ton Williams. appointed by the presl
dent to be comptroller OF the treas
ury, viii be confirmed by the senate.
The appointment has taken the usual
course, and will come up in regular
order Ia executive session Of the sem
ate tomorrow.
There has been nothing substantial
in the reported opposition Senator
Hoke smith, of Georgia, two or three
days age said that every democratic
senator and half the republican sena-
tors would vote for confirmation
Many stories have been told about
this ease notably one, which utterly
have been lacking foundation. Mr..
Williams aha not seek The office Of
assistant secretary Of the treasury.
which he now holds, ANA was much
surprised when asked 10 accept it, lie
has not been pending every effort
for several weeks, nor days nor at
all TO get the appointment Of
comptroller, however "reluctant9 The
president may have been 10 his selec-
ton And Il can be- said with author
ity that the president was not reluct-
ant at all and also that his indorsc-
mont for comptroller has been suffi-
GENTLY Influential political and
financial 10 satisfy the president
that Williams is the man for the
place
The fact that Mr. Williams has ex.
erciscd supervision and direction Of
the comptrollcr's office since the RE-
tirement Of Mr. Murray can hardly
be used avs an argument against HIM
as that has been has proper duty as
assistant secretary The fact that he
had something to do With closing the
First-second Rational bank Of Pitts
burgh, also may be sct down to his
credit The further fact that he de-
MED desk room in The office of the
comptroller of thc currency TO
young woman employed by the Ma
tonla city bank of New York for
eight years ITO get and forward in-
formation % the bank" hardly will be
accredited to his discredit by the sem
ate. which probably will conclude tina.
b is no part Of tho purposes for
which the treasury department was
established TO furnish accommodate
tions for the representatives Of any
financial institution. and that leading
banks in Philadelphia Boston, Chi
ago on oklahoma would have the
same right to- maintain clerk IN the
office of tho treasury department as
u .H -
II Is quite clear that alr Williams
is not "a favorite with number Of
important financial interests. and it
rs equally clear chat opposition 10 his
appointment has been encouraged hy
these interests lie doubtless would
welcome the suggested Investigation
of his part in irving To save the
United States Trust company OF
Washington i'm It's recent embarrass-
ment
The fact chat Mr. Williams brother
is director OF the Munscy Trust
company which took over the falling
concern ana was active In promot-
ing the ARRANGEMENTS arrived at, after
conference with other banks In tins
city, scarcely can Do regarded as "a
very mortal sin. especially avs the de-
partmenl made the same offer IN
other hanks and TRUST companies m
Washington, which refused to accept
ne burden and relieve "A situation
which WAS critical and threatening to
he entire community The treasury
was amply protected against any loss
Of the million dollars advanced hy il
in the emergency by guarantee Of the
anks 81 Washington
air Williams cxplamel lhis trans
action Go the senate banking ana cur
-enry committee. he said that. while
me money was taken directly from
the treasury 90 the Munaey Trust
.cmpanN Il was technically deposited
with eleven national banks and the
latter were responsible for IFS re-
payment
The fact that Mr. Williams viii be
acceptable Go many bankers through
out the country as comptroller of the
currency is attested by offers he has
received from them to use their infiu-
enee IN his behalf q am Of whom he
mas made the same reply. thanking
ihem for their thoughtful considtra-
ton and asking them not 10 make ANY
representations in his interest Tie
work of MT Williams as assistant
secretary has been altogether satis-
factory 20 the president and Secretary
MeAdoo' and mis- confirmation is as
surel