The Washington times., 1921-02-15
HALT CREDITS,
HOUSTON TOLD
Judiciary Committee Moves to
Block Flow Of Money TO
Europe.
WARNING is SEEN IN ACTION
Stand Taken by Group Is Be-
I'eved TO Represent Sense
OF Senate.
WARNING is SEEN IN ACTION

The Senate Judiciary Committee
today informed Secretary of the
Treasury Houston that it is the
cense Of the committee that he
should make. no further extensions
of credit to any foreign govern
ment, on any commitments, past
or present, until the committee has
had an opportunity to determine
all of the facts surrounding for
eign loans and made a report to
the Senate.
This action followed receipt Of
| word from Secretary Houston that
he was not PREPARED to appear be-
fore the co-,mittee todav to pre-
sent all data on foreign loans.
.PREpAaING HIS PApERs-
The Judiciary Committee yesterday
called upon Secretary Houston to ap-
pear before II today with all docu-
ments and data relative to foreign
loans. .s
The committee met at 1880 this
morning prepared to hear the Seere-
itary In executive session. At that
| time ii was Announced that Secretary
bHouston bad sent word that he was
| not prepared to appear before the
committee. az he was preparing his
papers"
Upon receipt of this information
the committee. still in session behind
closed doors. agreed that the Secrc-
tary should be Immediately informed
! that II was the sense of the commit
! tee that all payments on foreign loans
should be Immediately suspended ard
held pending until the committee has
. n rcl n
AL agreements to. extend loans and
credits to foreign nations and has
had an opportunity to make a report
! on the matter to the Senate.
CONSIDERED A WARNING
I The action taken by the committee
was considered as warning to the
! Secretary that the Senate is opposed
! to any further payments of foreign
credits and will not brook any at
| tempts to delay action to suspend
| these payments.
! T)e committee adopted unanimous
ly The following motion. made by
Senator Reed, Democrat, of Missouri
II move. that the chairman of
| this committee he requested to
notify the Secretary of the Treas
| ury Immediately that he should
pay out no more money on ac-
| count of any commitments or loans
to foreign countries until the facts
| have been submitted to this COM
| mittec and IL has had an oppor-
! tunity to consider the same and
\ report to the Senate"
' Following the adoption of Reeds
! motion, senator knutc Nelson, Repub-
! IIcan. OF Minnesota. sianiAed his in
tention of mt once communicating to
Houston the sense of the committee
rs expressed by the motion.
WILL APPEAR TOMORROW.
| Houston's explanation for his nom
presence today was that he had yet
been unable 10 assemble all his pa
pers, but he expected to be able to de
so by tomorrow, when he assured the
committee he would certainly appear
before it.
Reed, member OF the committee.
insisted the committee. take action,
without any further delay, to stop
Houston from paying another penny
from the Treasury to any foreign
government. He then made his mo-
tion, against which the voice of no
member of the committee, 1T was
stated, was raised.
The session of the committee was
executive, but 1t was understood its
members concurred with Reed that
unless Houston could show good
cause for further payments from the
l United States Treasury to any for
eign government, he should be re-
strained.
UP TO SECRETARY.
Upon Houstons ability to justify
his foreign fiscal policies will largely
depend whatever action the commit
tee takes on Reeds bill to prohibit
him from making ANY new commit
lConl,nued on Pare q Column IL