New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-02-11
WILSON FORCESLOSE
IN SHIP BILL FIGHT
Continued from page I


the plan and would place full respon-
sibility for 1t on the Democrats. 1t
seems more than probable that the
Republicans, having gained their point,
will permit final action to be taken
on the recssted bill, as no longer an
expression of policy but an en-
shippers from a crisis caused by the
war.
The pending ship purchase bill prob
ably will be sent back to the Com
merce Committee tomorrow without
instructions, and will await the trial
of the compromise plan. II is pro-
posed to have the House adopt the
latter and bring it up in the Senate on
a motion 70 concur.
Neither Democrats ner Republicans
look with equanimity on the prospect
of an extra session, and their anxiety
to end their labors, more han anything
else, Is counted on by the majority
leaders to bring about the success Of
their plan.
Democrats in Conference.
Democratic leaders of both houses
met in conference tonight to draft the
suggested compromise bill. They will
and lay the new measure before him.
If it is approved 1t Is probable that
Congress will complete its labors By
March 4.
Senators Martin, Stone, Bsnkhesd,
Simmons and Hardwick and Represent
atives Kitchin and Underwood dis
cussed the compromise plan. They will
meet tomorrow for a final conference
before seeing the President.
Assurances were given TO Senators
Bankhead and Hsrdwick that enough
Democratic votes could be secured to
pass such a bill. 1t is expected that
the Republicans, having won their cru
ssde against the government ownership
feature and the possibility of interns-
tional complications, will not resume
their fiibuster. II this proves TO be
the case the compromise bill will prob
ably be introduced and passed first by
the Senate.
While President Wilson has withheld
his approval Of the compromise, 1t Is
believed that he will agree to 1t to-
morrow 1t will be pointed out to him
that the compromise is essentially
suited for the present emergency,
which Is all the President asked for,
and that it will satisfy the opponents
of government ownership.
Senators Hardwick and Bankhead,
who took part in to-nights conference,
are two of the Democratic insurgents
who refused to vote for the admins
tration's bill. Representative Kitchin
Is also an opponent Of the measure.
Collapse of Senate Fight.
The collapse of the Senate fight to
put through the caucus bill came at the
close Of the third day Of the con-
| tinuous session. There was nothing in
the last stage of the conflict to relieve
the dull monotony of the endurance
contest. As il by common underEtand-
ing, the dragging debate went on with
out interruption.
In the mean time the activity was
transferred to the lobby and corridors.
! Democratic leaders turned their stten-
ton to the compromise plan. Through
out the afternoon conferences were In
progress between the majority leaders
Of the Senate and House, and the seven
boiling Democratic Senators and tho
| Republicans were sounded on the prop
osition.
s debate proceeded Senator Town
send aroused the Democrats with an
assertion that Kuhn, Loeb & CO., New
| York bankers, were interested In the
/ passage of the ship purchase bill.
Upon what information does the
! Senator assert that Kuhn, Loeb & Co.
are Interested in this bill, or that they
are exerting influence 10 have the bill
passed." demanded Senator Lewis.
az know that q common rumor Is in
circulation to that effect" retorted
Senator Townsend. 81 do know that q
member Of Kuhn, Loeb & Co. is mem
Der of the Federal Reserve Board.
know that =. brother of that member
is interested in the shipping business,
and | know that il will require large
sums of money for the government to
carry out this project. I think know
that the government Is going to rely
upon it's favorite bank, and Kuhn, Loeb
& Co. have increased their deposits as
deposits of banks not 80 friendly 70
the administration have decreased pro-
portionately."
Mr.. Warburg's Connections.
Does not the Senator know" de-
mandeG Senator MARITIME, shat Paul NJ
Warburg resigned from Kuhn, Loeb &
Co. when he went to the Federal Re-
serve Board, and proclaimed his action
publicly"
Senator Bristow suggested that Mr.
Warburg had transferred his interests
in Kuhn, Loeb & Co. to . member OF
his family.
"If it is true" said Senator Bristow
"that Mr. Warburg's interests in Kuhn
Loeb g. Co. have been turned over TO a
member of his family, and II his
brother is a supervising lead OF grea,
transatlantic steamship line which now
has twenty-four ships interned in
American ports, and IL Kuhn, Loeb &
Co. handle the securities of this steam
ship line, isn't it reasonable TO suppose
that if this bill passes the United State.
will be urged to buy those ships
"To my mind" replied Senator
Townsend, cit 10 at least q suspicious
circumstance, in which the government
of the United States should not become
involved"
Toward evening Senator Norris. who
had supported the administration
forces, took the floor TO protest against
the futility OF carrying on the strug-
gle. Senator'S were already worn out
he said, and many would be brought "a
physical collapse and carried of TO hos.
pitfalls II the fight continued. As q
remedy for what he considered as the
evil Of hlibustering, he offered cloture
10 restrict debate.
Senator O'Gorman interrupted Mr.
Norris TO move 10 adjourn. Weary
Senators dragged themselves into their
seats for the final test Of strength and
awaited the result of the roll.call with
seeming indifference, too tired even "a
rejoice over the abandonment Of the
struggle.
When the Viee-President announced
the vote, 48 TO 46, and that the Senate
stood adjourned until tomorrow, Sen
ators and employees poured out OF the
chamber almost In silence, leaving II q
deserted battlefield strewn with the pa
per and disorder Of the three days con