The sun., 1917-09-21
$11,5SS,000,000.B BILL
PASSED BY SENATE
Action Unanimous on War
Loan Credits-HOuse to
Approve To-day.
Special pes,a,ch 10 rss Sun.

WARRINGTON, Sept. 20.-The confer
ence report on the ,il.Sas. 100000 bond
bill was adopted unanimously In the
Senate to-day. no roll call even being
suggested. The measure now will 90 to
tho House. where approval Is expected
tomorrow with final enactment. The
bill passed the House on September
and the Senate six days later. The con-
ferees reached an agreement yesterday
and the discussion In the Senate to-day
was only Of fifteen minutes duration.
The bill authorizes 100000 900 Of
new bonds for Allies loans, 33.53S.o0o.-
900 for converting bonds previously au-
thorised for that and other purposes and
$2.0o0.000.0 900 each OF war savings GER
tiicates and certificates Of Indebtedness.
Tho new bonds are to be at per cent.
and convertible and subject to income
surtaxes and war profts excess taxes.
Senator Weeks Of Massachusetts, en-
lightened the otherwise perfunctory ac-
ton OF the Senate by seeking from Sena-
tor Stone. in charge Of the measure. In
formation with regard to the disposition
which the allies OF the United States are
making Of the funds placed at their dis
posai through loans from this country.
The interrogatory presented to Sena-
tor Stone. and which evoked only Limp
explanation. evidenced nothing except
that Senator Stone had not been made
acquainted with the details sought and
was as follows:
There was a provision In the bill for
the issuing Of t4.00o. 100000 Of bonds.
which money IL to be loaned to foreign
countries. am disturbed, as every
other thinking man In America Is dis
turbed. assume. regarding the amounts
Of money We are appfopriating for all
kinds Of purposes. and what ! am chiefly
concerned about is what 10 - be done
with the money. Is It to be expended
wisely. and 10 there to be concerted
plan governing expenditures military
and otherwise?
II would like to ask the Senator In
charge Of the bond bill II he is satisfied
from the testimony submitted to the
Finance Committee that there was a
defilite plan for the distribution OF
this money. and Is this plan to be fol-
lowed?
Furthermore. is he satisfied that this
plan Is for the best interests. not alone
Of the United States. but OF the coun.
tries with which we are In alliance?'
Stone was not fortified with the nee.
sssary amount Of information to convey
much enlightenment In his reply. H<
resorted to. the wartime subterfuge OF
suggesting that in this season Of emer'
gency We must trust In the President.
But Senator Weeks pursued him.
Here we are going to expend SAL
900 0.000. 900 this year. Every messenger
from every executive department seem.
to be coming to the Capitol with an es
innate Of more money needed I would
like to know II there Is any concerted
plan and policy ito govern these ex
psnditures. De we give money to any
ono who asks for It or only where It !,
not needed"
Senator Stone replied that the none,
was expended for war uses where TIT
President considered II to be most ad
vanta seous. and tho Senator from
! Massachusetts, knows that" he an
| swered.
II do not know IT," retorted Senate,
Weeks.
"Then tho Senator from Massachu
sets should seek his information from
the proper sources. from the Executive
branch Of tho Government" Senator
| Stone said, and the subject was dropped