Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-10-18
PAT HARRISON
IN HAPPY VEIN
IN COMMENTS
Reviews Surrender of Old
Guard Republicans to
Agricultural Bloc
By WALLACE BAssFORD.

WASHINGTON, Oct Ex-senator Pat
Harrison of Mississippi was in a partic
ularly happy vein when he discovered
that Wall streets great organs, the Jour
nal Of Commerce and the Wall Street
Journal had. like the parrot, talked too
much. He read to the Senate the opinions
OF these papers OF the recent surrender
of the old guard Republicans to the So
called Agricultural bloc" with his own
comments. Among other things, he said:
DO Senators know what the New York
Journal of Commerce said about that
meeting at the White House on the fos
lowing morning! Here is what they
said-and they knew; they were speaking
by the canal" a new era in the re-
lationship of the United States Govern
ment and the Nations financial ana
business leaders is believed to have been
inaugurated N the conference to which
President Harding summoned several
New York bankers on Wednesday night
These bankers returning yesterday from
the meeting, which was participated in
by representatives Of the Cabinet, OBJ
served the customary reticence in dis
cussing what had taken place. They did
not, however, hesitate to show their
qualification at the Development
COMMENTS ON
WILLINGNESS TO LEARN.
1.-THE next day this same Journal of
Commence said:
lone thing which Wall street took ex-
trene satisfaction in yesterday was the
evident willingness of President Harding
to learn. He admittedly is not an ex-
pert in financial affairs, but he is ready
TO accept advice and willing to be set
right where he is wrong.
"Those were the views entertained on
Wall street after that meeting; but yes
terday a new light broke in that part Of
the great metropolis. How does the Wall
street crowd now feel since the old guard
that promised them relief has surrendered
without giving battle? Here is what they
say This is from the Wall Street Jour
nal of yesterday. Oh, they have changed
their views now. Let me read.
Compromise is justifiable when de-
sirable ends can be achieved in no other
way and no principle is sacrificed. The
House and Senate revenue bills were ex-
amples of compromise that accomplished
at least an installment of tax ameliora-
ton. The pusillanimOus surrender Of
Republican leaders is in no sense COM
promise
"They were talking about you then
at is a cowardly retreat
Listen to it, may I ask the Senator
from Indiana. I am afraid he did not
catch that last expression.
1.-The pusillanimous surrender Of Re
publican leaders is in no sense a COM
promise
CALLS ON FRIEND
FROM INDIANA.
This is from the Wall Street Journal.
This is the organ controlled by the same
interests that said, the day following
the conference at the White House be
tween Morgan and Sabin and President
Harding, that a new day was dawning
in America. So I read further. to de
light. I am sure, of my friend from In
diana, and l am glad the Senator from
Utah (Nr. SmoOt) is listening:
1T is a cowardly retreat before a
gang of demogogues, euphemistically
called an agricultural bloc
Il am sorry that the leader Of the
majority, party in the chamber is not