Evening star., 1914-10-07
GLASS PLANS TO KILL
HENRY BILL TOMORROW
House Banking Committee Plans to
Bury Deep the Cotton Cash.
Ideas of Southerners.
Lobbyists Busy Boosting "Wild Cat"
Finance Idea Demand $780,
100000 Paper Money.

When the House banking and cur
rency committee meets tomorrow aft
ernoon there is likely to be fine
funeral for the corn tassel currency
IDEAS which have been promulgated by
various organizations from the south
which are behind the Henry bill to is
sue half billion dollars in emergency
currency for the express and sole bene-
III OF the cotton planter The banking
ana currency committee intends to kill
.he Henry Dill and bury it deep If
TINS cannot be done, Chairman Glass of
the committee will be. indeed, dis
appointed man. as the Henry cotton
cash Dill is one of the things which
worry him most
representative Henry is at the head
OF group of southern congressman
VINO nave been killing the time of the
house and filibustering and calling at
tention to their effort to "boost" the
plan to have the United States gov
eminent do something special in a
nhancial way for the southern cotton
plahter, who fears a bad season on ac-
count OF slump in the cotton market
due to the European war The men nnt nn'
posed p 10 this project have described
TO open the Treasury doors 80 that
soutnerners can maintain cotton at 3
raise" - Sos'S "
Lobbyists Are Busy.
In addition to the loud cries of the
congressman interested, an unusually
large number of officers and repre-
sentatives of southern agricultural or
ganizations has been lobbying in
washington ever since the European
war began. Considerable of the aei-
ta.ion IN Congress can be laid to these
lobbyists, who have kept the pot boil
ing in season and out of season. and
who make the most extraordinary de-
mands on the government, some of
which are startling
In general. the most conservative de-
mand made by them is that $500, ,0O0, 900
In emergency currency be turned into
southern banks with the understanding
that cotton growers can take their
warehouse receipts to the banks and
terest and thus tide over the slump in
the market.
Wilson Opposed, Is Belief.
Now there is every reason to believe
the administration Is firmly opposed to
this idea. Chairman Glass of the bank
ing and currency committee, however.
can be expected to express the ideas
of the administration in an Informal
manner which loses none of it's pic
turesque vigor on account of it's in
formality. When the matter comes to
the floor OF the House. as it probably
will, there may be expected a public
show of vitriolic rancor that will do
all previous performances on the part
of the Virginian.
Monday Representative Henry kept
up constant filibuster which surprised
those who did not understand the full
purport of his tactics. In reality he
was preventing Chairman Glass from
taking up, under suspension of the
rules, three measures to amend the
federal reserve act, made necessary by
war conditions. He was battling against
Chairman Glass because he knows full
well that his emergency currency bill
will have a fearful mauling at Mr..
Glass hands.
However. Chairman Glass thinks Mr.
Henry filibustered once too often, be-
cause. as Mr.. Glass asserts, one of the
bills which he kept down was designed
to extend the credit facilities of the
federal reserve system in the cotton
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