Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-02-10
SOLONS BREAK
UNDER STRAIN
Members of Senate on
Verge of Physical
Exhaustion.
KUHN, LOEB & co.
BACKING MEASURE
Penrose Taken From Capitol to Hotel
Under Care Of Physieian-Democrats
Refuse to Aecede to Republican Move
For Recess - Leaders Confer With
President Wilson in Effort to Save
Ship Bill From Defeat

| Washington, Feb. 10. - Deadlocked
over President Wilson's ship bill, in a
continuous session which exceeds by
many hours any previous session, the
senate showed no sign Of adjourning.
! At 10 this morning the senate had been
in session two days and two nights.
| Senator Townsend this morning re-
lieved Senator Sherman. When Mr..
Townsend spoke fresh forces on both
sides of the chamber relieved the tired
senator's who had stood guard thru the
night. Many senators had begun to
break under the strain. Senator PEN
a hotel under the care of physician.
Others We're forced by exhaustion to go
to their homes, but plans were made
to rush them back should their votes
be needed.
! Twice during the night the republi-
cans vainly sought to adjourn the SEN
ate, but administration lines held firm
! ly. Majority Leader Kern said today
! there would be no let up until the
pending question could be put to a
vote. The pending question still re-
mains on a motion of Senator Fletcher
! to recommit the bill with Instructions
to amend.
Conference With President.
! Meanwhile means for forcing the
shipping bill thru We're being discussed
| by President Wilson at early confer
| ences with Majority Leader Under
wood. of the house. and Representative
| Kitchen, who is to succeed Mr.. Under
swood as house leader :fter March 4.
| The presidents suggestion was that
the house shipping bill might be at
itached as an amendment to the Weeks
bill already passed by the senate, pro-
lviding for the use OF naval vessels in
carrying mails and freights. The
| Weeks bill is now before the house
naval affairs committee.
The president had not finally deter
mined to press this idea but it is said
to have support of a number of sena-
tors on the republican side.
MIR. Kitchen went to the White
House primarily to discuss the views
of members of the ways and means
committee that there should be no eX-
| ira session of congress. He stated
that frankly to the president but the
president insisted on the shipping bill
even should an extra session be neces-
sary.
| Bankers Interested in Bill?
An alternative suggestion taken up
by the president with house leaders
was that Senator Cores substitute bill
be taken up Immediately in the house.
1t was the idea that passage of bill
| in the house would give it prestige in
the senate.
| Meanwhile Senator Townsend, in the
senate, aroused the democrats with an
assertion that Kuhn. Loeb 81 Co., New
| York bankers, were interested in the
passage Of the bill.
| Upon what information does the
lsenator assert that Kuhn, Loeb & Co.
are interested in this or tha. they are
exerting influence to have the bill
passed?" demanded Senator Lewis,
democrat
Il know that common rumor is in
Icircula tion to that effect returned
Senator Townsend. Il do know that
a member of Kuhn, Loeb & Co. is a
member of the federal reserve board.
know that a brother OF that member
is interested in the shipping business
and l know that it will require large
sums of money for the government to
icarry out this project. I thing the
government will rely on its favorite
banks, and Kuhn, Loeb & Co. has in
creased it's deposits as deposits of
banks not so friendly to the admins
tration have decreased lIoportion-
ately."
Situation Looks Ssupicious.
"Does not the senator know" de-
manded Senator MARITIME, that Paul
NJ. Warburg resigned from Kuhn, Loeb
& Co. when he went to the federal re-
serve board, and proclaimed his action
publically?"
Senator Bristow suggested Mr.. War
burg had transferred his interest in
Kuhn Loeb & Co. to a member of his
family.
IF 1t Is true" said Senator Bristow
that Mr.. Warburg's interests in Kuhn
Loeb & Co. have been turned over to
member of his family. and If his
kbrother is supervising head of a great
steamship line which now has twenty
four ships interned in American ports
and if Kuhn. Loeb & Co. handle the
securities of this line, isn't it reason
able to suppose that If this bill passes
the United States will be urged to buy
those ships"
ITO my mind" replied Senate,
Townsend, "it is at least suspicious
circumstance which the government
should not ibecome involved in"
Senator Norris Waverina.
When Senator Townsend concluded
,senator Gallinger moved to lay aside
the ship bill and take up the water
power bill. That proposal, however
was tabled, 40 to 80. Senators Bank
head, Hardwick and vardaman OF the
democratic insurgents, joined the DEM
ocratic side Of the vote. Senator La
Toilette. republican, voted with the re-
publications to take up the water
power BILL bill. The The -.css Of Senator Norris
vote showed q threatened break in the