The Sentinel=record., 1914-07-24

Washington, July 23.-President
 Wilson late today ended the bitter
 est fight of his administration by
 xiihdrawing the name of Thomas D.
 Jones of Chicago, to be a member of
 he federal reserve board. Mr.
 lones had written urging this action.
 The message of withdrawal reached
 he senate just as Senator Reed. of
 Missouri, one of the democrats op- rosing confirmation of the appoint nent. was concluding a vigorous de- puncation of the Internatioal liar yester Company, of which Mir. Jones t director, and those responsible for it's existence and operations. It created mild sensation and cut short debate that promised to run Indefinitely.
 With the brief message, the presi- dent sent copies of Mir. Jones letter N and his reply. Opposition to the \nominee had been based on his con- /nection with the harvester company, which is under indictment as a trust. The senate banking committee had submitted a majority report adverse to confirmation, signed by all the re- . publican and two democratic mem bers. Mir Jones wrote that this re- l port was based on distortion of facts and perversion of the truth. In his reply President Wilson ac- cepted Mir. Jones suggestion with re- iaetance and scored those who, he said had treated his nominee with 1 gross and manifest injustice" He declaimed any embarrassment in standing by a man he believed in, but declared he was unwilling to allow Mr. Jones to be q football" in the con est that had sprung up.
 At the white house it was said the residents action today did not indi- cate that there had been any change in his determination to insist on the eontirmation of Paul M. Warburg, whose nomination to the reserve board also is being opposed. Nothing has been heard from Mir. Warburg ih regard to his appearance before ihe banking committee and Senator OGorman. who is understood to have been endeavoring 10 persuade Mr. Nafburg to change his mind and ac- cept the committees invitation is not ezpec,ed to return to Washington un u tomorrow.
 Senator Reed one of the democrats opposing Jones' confirmation, spoke today on the subject of monopoly and referred to the Harvester Company:
 The man who conducts the liar 'ester trust" the senator said, can not escape responsibility by alleging mat his sponsor and friend created Y before he took service.
 The Harvester Company has many %ias. It is only one of that pestifer- ous Inter whelped in the Morgan of- i'ees These are all united by the "lpie ties of cansonguinity, affinity ana interest. The monopoly quag- iaHe has common origin and s0uman bed. Touched at it's circum- 'uehce it quivers it's entire body. | quake 1t and there will come crawl 4s to the surface the foul beasts Nat inhabit it's slime. Their heads VII appear in concert and their angry N'es unite in an unharmonious cho- ius of malediction.
 Their cause is as much in com a'0n as was that of Ali Babi and his y'y thieves. Touch the lnterna' .OnaI and you arouse the steel trust. s"aAen 1t and you disturb chain |
 subsidiary companies"
 Jones Asks Withdrawal.
 Vofrespondence between the presi- 1 ssH' and Mir. Jones made public at bart:
 m. Chicago, Jury 20, 1914.
 My Dear MT. President: l have "'ueu definite conviction that 1t
 "s duty to ask you to withdraw. ~ N, nomination as member of the s4eral reserve board. You are aware s ! was in no sense whatever an ,t tpF'icant Tor the office. It was with ' % gfayest reluctance that I agreed
 accept the honorable but heavy na a.uehs of that office in case my 'aihation were sent to the senate
 TT confirmed by it. l did not then