The Washington herald., 1919-03-02

business rather than on patriotic
TT is utterly impossible to sell
bonds now on a basis of patriotism
as we did before said Simmons.
NO bond that is not real note put
on a reasonable business basis would
readily be taken up by the pubic"
The rate of interest on the victory
loan ought not exceed 1-2 per cent.
Simmons explained. In answering OBJ
jections to the clause In the bill
which gives the Secretary right Of
power to fix the rates.
Favsrs Roosevelt Patriot.
Senator Kenyon offered an amend
ment which would have the portrait
Of the late Col. Roosevelt on all
bonds and notes issued under the
note act.
Senator Smoot, Utah, while rais-
ing objection to the bill. indicated
that opposition was futile. 1T realize
that no amendments to this bill are
to be allowed and It is to pass Just
as reported" he said, after having
asserted that the bill as II stands
could not pass at any other time
Senator Lodge also objected to the
bill. especially the provision allow
ing the Secretary OF the Treasury
to determine the rate Of interest on
the victory loan. He suggested that
$500. .opoOoo would be ample for the
War Finance Corporation, instead Of
the s1.ooc. .coo. oco which the bill now
carries.
Sapasar ad,a suoonzkaJ tba, a.
interest rates on the Victory Loan
be IL and 1-2 per cent, depending
on the tax exemption
By a vote of 2s to 81. the Senate
rejected Senator Kenyon's amend
ment, which would have placed the
portrait OF Theodore Roosevelt on
the notes.
Senator LaFollette then took the
moor to speak-probably about an
hour. He offered an amendment
which would forbid intimidation in
the sale of the Treasury notes.
LaFollette voted against the
Kenyon amendment, the only. Re-
publican to do so.
Rues His Senate Career.
LaFollettes spectacular filibuster
attempt yesterday ranged over a wide
field and obviously was intended to
meet any endurance test. He stood at
his desk behind q huge pile of manu-
script and was supported by many
volumes from which he could read
from time to time. He said, in reply
to questions. that he had no idea
how long he might continue. He
urged primarily in his debate, changes
in procedure which would prevent
situations arising whereby important
might come up for hasty
passage during the closing hours OF
a session.
At one time he took up his past po-
litical record
Il have had a loathes esome time in the
Senate" he said. ct like good fellow
ship as well as anybody. But what
ever I've done has been because / had
to-1 don't know why. It's been my
through my political life
that I've been with the under dog. I
Just didn't take the easier way. But
I'm hoping out of this wen get some
reforms in the methods of legisla-
ton"
Clashes with Robinson.
La Toilette and Senator Robinson
Ark appeared on the verge of a
personal encounter following a tilt,
when Robinson attempted to break
into La Follette's speech, Robinson,
white with anger. seated himsef d.
rectly across the aisle from La Fol-
lette and leaning forward in his chair
exchanged whispers with La Fol-
lette. Ia Toilette shook his finger
in Rooincon's face, whereat the lat
ter seemed to restrain himself With
difficuity.
La Toilette announced he would re-
fuse to yield the floor to Robinson.
"A Senator that insults another
on the floor cannot be yielded to-"
La Toilette said.
The clash had arisen when La
Toilette halted his speech mo-
mentarily while Senator Penrose,
who had just entered the chairman.
whispered to him. Robinson object
ed to the delay.
AT 5:07 p. m. La Toilette SUSPENDED
his filibuster when the Senate by
unanimous consent laid aside the
OIL leasing bill and voted to proceed
with the victory loan bill.