Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1917-04-15
France to Get Loan Without.
Interest, to Be Paid Back
at Her Conveniencei Neu'
trails to Be Excluded.
LABOR is BEHIND WAR
MEASURE, SAYS G0MPERS
Representative London Is 0nIy|
Member Who Answers
"Present,' All Others Re-
plying "Aye,"
fnx MORNING JOURNAL srselAL LsAsEp wInEl

MORNING JOURNAL HPHClAL LsAsED WlNHJ
Washington, April 14.--Without a
dissenting voice the house, amid
plaudits of members and the gal
leries, late today passed the $1,000
600, 900 war revenue authorization
measure. One member Representa-
tive London of New York, the only
socialist in congress, voted present
Owing to pairs and absentees only
$50 votes were recorded for the bill,
and Republican Leader Mann an
nounced all their members would have
voted affirmatively if present. The
formality of a roll call would have
been dispensed with if several mem
bers who voted against the war reso-
tuition had not insisted nnnr o"Sor-
tunity of recording themselves in favor
of providing money to carry ON hos
tilties now the nation is at war.
Senate TO Act Promptly.
The bill authorizes $4,000, 600, 900 in
bonds, of which $4,000, 100000 will be
loaned entente countries and issuance
of treasury certificates for $1,000
100000 ultimately to be met by in
creased taxation Favorable action
by an overwhelming vote is assured
in the senate, where the measure will
be taken up Monday. 1t probably will
be signed by the president by the
middle of next week.
Discussion in the house was con-
fined chiefly to proposed amendments,
Five of these were added. The two
most important, drafted by Repre-
sentative Lenroot of Wisconsin, would
confine the proposed 100000
allied loan to countries at war with
Germany and permit loans only dur
ing the war. Others would prohibit
the sale of the United States bonds at
less than par, permit the purchase OF
foreign bonds, lat par" and limit the
cost of disposing of the $5,O0O,O0O, 900
worth of bonds to one-tenth of one
per cent of their total.
Cuts the Commission.
Representative Fitzgerald of New
York, chairman of the appropriations
committee, made the proposal to cut
in half the cost of disposing of the
bonds, originally fixed at one-fifth of
one per cent. Mr.. Kitchin, in charge
of the measure, tried to offset the
amendment by inserting a provision
that the secretary of the treasury
should expend one-fifth of one per
cent. "or as much as is necessary, y
but failed.
A proposal by Representative Moore
of Pennsylvania to limit the life of
the bonds to fifty years, another by
Representative Green of Iowa, to
create a congressional committee to
act with the secretary of the treasury
and the president in dsposing of the
bonds, and other proposed amend
ments similar to Mr.. Green's were
Overwhelmingly defeated. Democrats
and republicans alike declared they
were satisfied to leave the details to
the secretary and the president.
Loan to Allies Popular.
Any doubts that may have been en-
tertained as to the popularity of the
proposed loan to the allies were
swept away with the voting down, 217
to }, of proposal by Representative
Towner, made at the outset of the ses-
sion, to strike out the $4,000, 900, 900
loan feature with view to having 1t
authorized later with provision for
congressional participation in admin
istering it. Mr.. Towner was not OPP
posed to the loan, but he drew the
fire of the bills supporters quite as
much as IL he had been.
Representative Rainey of Illinois,
ranking democratic, member OF the
ways and means committee, aroused
the floor and galleries to cheers by
fervently denouncing the proposal
and picturing France, friend in need
of the United States, suffering while
congress quibbled over terms of the
loan. Representative Fitzgerald fol-
lowed him with the declaration that
the question of maintaining American
rights and not the purpose of the loan
being returned was the question that
faced congress. Representative Mann
urged that this country could not help
the allies with men or naval equip