Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1914-08-24
Commercial Problems Growing
Out Of HostlIiteS in Europe
Engage Close Attention Of
Both Houses,
INSURANCE BILL THIS
WEEK is PROBABLE
Purchase Of Ships for Trans
oceanic Trade Is Practically |
Agreed on by Administration
Leaders,

Washington. Aug. 2S.---war in Eu-
rope still grips the interest OF con-
gress and promises to hold II In ses-
sion indefinitely. Commerce, whlen
the war has stricken, is the principal
subject with which congress Is con
cerned. since the executive depart
ments now are taking care OF Ameri-
can refugees In the fighting zones.
This week the bill 10 establish bu-
reau of war risks insurance In the
treasury department probably VIII nT
enacted. The measure has passed the
senate, and, though there Is some OPP
position to il In the house. admins
tration leaders intend to push II
through even II it is necessary to IN
yoke a special rule for the purpose
The administration desires this legis-
latton as an additional inducement 10
owners of forelgn-b built ships to apply
for American registry. The president
favors the bill and so does majority
OF the administration leaders.
Following passage of the insurance
bill the proposal of the government 10
organize a corporation for the pur-
chase of ships TO engage in lrans-
oceanic trade will be earnestly taken
up i'm the senate and house. Senator
Clarke, Of Arkansas, and Represen-
,tative Alexander have immediate
charge of this matter and hope to IN
ltroduce bills covering the subject
within few days.
Federal Warehouse Licenses.
President Wilson and congressional
leaders conferred yesterday regarding
this legislation. 1t was practically
agreed that the proposal should be
embodied in bill giving the govern
ment authority To carry CIT the proi-
lect il necessary IL private capital
does not provide vessels, officials agree
lit will be absolutely essential for the
government TO purchase ships TO take
! care of the expectation of American
products.
In the senate consideration also will
! be given during the week to the bill
/ to give federal license to cotton ware
houses. Amendments are pending to
Include tobacco and naval stores ware
houses and canned salmon warehouses.
reconsideration OF the clayton antitrust
bill will be resumed and its sponsors
hope Ii may be passed before the end
of the week
Tomorrow the Judiciary committee
will pass on the nominations of Attor-
ney General McReynolds to be justice
Of the supreme court and Thomas w.
Gregory to be Attorney General. Fav-
orable reports will he made on both
nominations The senate probably will
not vote until Tuesday when there VIII
be some expressions Of opposition ia
Mr. McReynoids on the part of pro-
gressive republican senator's
Philippine Independence.
An effort will be made by the house
insular affairs committee TO get a
special rule for consideration of the
Jones bill looking to Philippine inde-
ipendence. whenever the Filipinos shall
be ready to establish a stable govern
ment. Chairman Jones of the insular
committee. and Manuel Queson, resi-
dent commissioner of the Philippines
IN congress, says that unless there IS
come action Immediately the wheels
of the Philippine government machin-
cry will stop because Of the paralyzed
condition Of the trade Of the islands
with Europe
All moves at the capital bearing on
( the proposal OF raising a war revenue
iawait an expected message from Pres
lldent Wilson. Representative Under
wood will not call a meeting Of the
ways and means committee to consider
a war tax until the president gives the
word that it is necessary. Estimates
I'm the hands Of congressional leaders
land the treasury officials indicate q
possible loss Of 100000, ,000 in the
customs receipts this fiscal. year.
The Ferris water power conserva-
ltion bill is the pending regular busi-
ness Of the house.