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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (June 21, 1906)
I. VOL. XLVI.-INO. 14,207. PORTLAND, OREGON, THURSDAY, JUNE 21, 1906. PRICE FIVE CENTS. GIVES PRESIDENT CASH TO TRAVEL House Passes Appro priation Quickly. COCKRAN CHIEF SUPPORTER Recognizes Roosevelt as a Moulder of Opinion. MADE RATE BILL POSSIBLE Democratic Orator Admits Justice of Expense and Defends Bill From Assault Seventeen Democrats Support BUI. PAY'S WORK IN THE HOl'SE. WASHINGTON. June 20. Twenty bills of more or less general interest were passed today by the House un der suspension of the rules. Among them were measures appropriating $2ri,000 for the traveling expenses of the President, which excited consid erable debate; providing for the sub division of land entered under the re clamation act; Increasing- the effi ciency of the Bureau of Insular Af fairs by conferring the rank and pay of a Brigadier-General upon Its chief, and regulating the checking of bag gage by common carriers. The Joint resolution Increasing the terms of Representatives to four years and the bill amending section MSA of the Revised Statutes permit ting National banking associations to make loans on real estate as security and limiting the amounts of such loans failed to receive the necessary two-thirds vote. The House also passed a rule to be gin the consideration of the pure food bill tomorrow and after 12 hours of debate vote on the substitute to the Senate bill without Intervening mo tion. WASHINGTON, June 20. The bill ap propriating .25,000 to defray the travel ing expenses of the President for the next fiscal year was called up under suspension of the rules today In the House by Tawney (Minnesota), chairman of the appropriations committee. The sundry civil bill carried an Item making this appropriation, but it went out on a point of order. Watson (Ind.), who was then in the chair, and who sustained the point of order, introduced the bill to attain the same end. Underwood (Ala.) asked If the appro priation was for the present President or for the future President. Tawney replied that the aim was to make a permanent law and that with the passage of this bill the point of order against an appropriation carried by the "undry civil bill would not lie. Travel as Cominander-in-Chlcf. . James (Ky.) wanted to know what offi cial duty carried the President abroad. "Isn't it true that there Is no official duty requiring him to leave the capi tal?" he asked. Tawney said thut, while he could not recall any official duty Just at present that might take him outside the capi tal, he could easily conceive how, as uommander-ln-chief of the Army and Navy, he might be called upon at any moment to travel. Bourke Cockran (New York) supported the bill, saying he was not willing' to make a partisan matter out of the meas ure. He remarked that the gentleman could not violate the Constitution of the United States If lie tried. "There hap pens to be In the Constitution the means of asserting Itself against even the gen tlemen of the House of Representatives," he added. Continuing, Cockran said: "The point I wanted to submit to the gentlemen on our side here and to the entire) House of Representatives Is this: That In the operation of our constitu tional system the President has become a great leader of public thought and public opinion, quite as much as a mere executive of the laws, and. if the circu lation of the President throughout the country aids practically In the direction ' of improved legislation, giving effective direction to public opinion, whether that be not an expense that ought ultimately to be borne out of the public treasury." "I think," interposed Underwood, "every public man in the United States, Cabinet officers. Senators and members of the House give their time liberally and freely to the people of the United States in great discussions, and there is no reason why this House should make an exception of the President. We are going to deny passes to every man in this House. I believe we are, and I know we will If the conferees on the rate bill carry out what I believe to be the will and the sentiment of yrtais House." Roosevelt as Maker of Opinion. Cockran: "Would the gentleman deny mileage to members?" Underwood: "No, I would not." ' Cockran: "Then, It the President trav els in the public service, is It fair to tax him and compel him to pay expenses that would be ruinous in their amount out of his own pocket?" Underwood argued that as Congress had provided a home furnished and main tained for the President at the capital the law contemplated that he should re side here. In concluding Cockran said: "I hold It as a very suspicious sign that this suggestion comes from the majority of this House. Mr. Roosevelt's speeches throughout this country have been, I think, by the confession of everybody, the strongest force in the development of public opinion In favor of the railroad rate bill." (Applause). W. I. Smith (Towa) discussed the legal ity of the measure from a constitutional point of view, citing many cases to show that this appropriation could not be held to be an emolument under any construc tion of law. Democrats Divide on Vote. The bill was passed 1" to 6S. the ayes and nooa being demanded by Underwood. The following 17 Democrats voted with the Republicans: Brousnard, La.; Clark, Fla.: Cockran, N. Y.; Davey. La.; Fitz gerald. X. Y.; Goulden, N. Y.: Glass, Va.; Granger, R. I.; Hunt, Mo.; Keliher, Mass.: Kline, Pa.; IJndsay. N. Y.; Meyer, Ija.; Ransdell, La.: Ruppert. N. Y.; Ryan, N. Y. ; Sherley. Ky.; Sullivan, Mass. MXAUKIX BliOCKS THE WAY Declares Appropriation for Travel ing Expenses Outrageous. WASHINGTON'. June 20. In an effort to bring about an adjournment of Con gress next week, the Senate today held Its first night session and considered ex clusively, the sundry lvll appropriation bill. All of the committee amendments were agreed to until the one appropriat ing $25,000 to pay the traveling expenses of the President was reached. v McLaurin a.ked if the amendment had been considered by any committee and whether there is any law to authorize the payment of the President's traveling expenses, in r"ply Hale said the amend ment was considered and ordered reported by the committee on appropriations. "It is new legislation and I make a point of order against it," said Mr. Mo Laurln. "I do not think there is any law authorizing It and, if the amend ment is adopted, It will put a new law upon the statute books." In further opposition to the amendment McLaurin started to address the Senate, when Vice-President Fairbanks said de bate was not in order, and he was pre pared to rule on the point of order. "Let us have a ruling," said Lodge, Hale and a number of others in unison. "The chair is of the opinion that the point of order is not well taken and overrules the point of order," said the Vice-President. "Then I appeal from, the chair and would like to iiave ayes and noes," said McLaurin. Clay asked McLaurin to withdraw his demand, on the ground that there was not a quorum present and a roll call would compel an adjournment. "The amendment is of such an out rageous character that I do not think it should pass under any circumstances," re torted McLaurin. ' When it became evident that his oppo sition was unalterable the amendment was passed over at the reque of Htle, who had the bill In charge. For the payment of a special master to investigate the embezzlement of gold dust from the United States assay office at Seattle by George Edward Adams, an amendment appropriating $12,000 was agreed to. The appropriation for public print ing and binding by the Government printing office was Increased from $o, 003,000 to $5,100,000, and the special appropriation for printing and binding for Congress was increased from $1, 992,500 to 2,093,500. Anticipating opposition to the amend ment striking out the provision that no part of the appropriation for the Panama canal shall be used for the construction of a sea-level canal, Mr. Hale moved that it be passed over until the Senate has passed on the question of canal type tomorrow. The appropriation of Jl. 450, 000 for the Jamestown Tercentennial Exposi tion was agreed to without discussion. In addition to the committee amend ment providing aids to navigation. Nelson offered an . amendment appro priating $125,000 for a light and fog signal station at Cape Hinchinbrook, the entrance to Prince William Sound, Alaska, which was adopted. Other amendments adopted Include an appropriation of $14,565 for the re production of plats of United States surveys destroyed by the San Francisco fire. Nelson moved to strike out the provi sion of the House bill eliminating can teens from any state or territorial home for disabled soldiers and sailors, but Hale said the House had put this matter up to the Senate and the Sen ate should adopt It. Nelson said he was an old soldier and he knew that the men so unfortunate as to be in these homes would suffer if the provision were adopted. The amendment was passed without prejudice. Amendments were adopted providing that appropriations for the Govern ment hospital for the insane at Wash ington shall be disbursed under the control of the Secretary of the Interior and the superintendent of the nospitai shall not be provided with more than one horse and vehicle and one auto mobile; also appropriating $15,300 for a wagon road to Mammoth Hot Springs, Yellowstone Park. Hale at 10:20 o'clock, at the conclu sion of the reading of the amendments. endeavored to have the bill reported from the committee of the whole to the Senate. The amendments in relation to canal type, the canteen for soldiers' and sailors' homes and the payment of the President's traveling expenses, to which exceptions were taken by certain Senators, prevented action tonight. WILD DOUBLE GUARD AT PEKIN" Government Recalls 100 Marines and Sends 200 More. WASHINGTON. June 20. The present legation guard at Pekin. consisting of about 100 marines, has been ordered back to the United States, as the men served a year in the Philippines before entering upon their two years' service in China. On July 25 a guard of 200 marines will sail from San Francisco to replace the ma rines who are now there. It was the orig inal Intention of the Navy Department to have at least 200 marines stationed at the leaetion in Pekin, but on account of lack of men the strenp has beeji only 100 men up to this timeVT, Although the TVuation In China is far from satisfactory, no immediate trouble is expected as a result of the movement against American commercial activity,. LEGAL FIGHT OH JOINT WHEAT RATE Railroads Make Reply to State Commission. LAW IS BRISKLY ATTACKED Constitutionality of Measure Giving Power Is Denied. ANSWERS ARE VOLUMINOUS Assistant Prosecuting Attorney at Colfax Session Takes a Look at Pile of Legal Cap and Asks for Adjournment. POINTS MADE BY RAILROADS. Th Railroad Commission law is unconstitutional bo far as giving power to establish rates, in that It conflicts with the rights of the Washington Legislature. Denial is entered that the export price of wheat at Puget Sound ports is higher than at Portland. Maximum rate bills passed In 1801, 1S03 and 1S7 cannot tie changed by the commission. Excessive and unfair penalties for failure to comply with the laws. Electric railroads and street-car lines exempt from provisions of the law. BY E. W. WRIGHT. COLFAX, Wash., June 20. (Staff Correspondence.) The big legal fight between the Washington Railroad Commission and ' the railroads doing business in the state is on. More than a year has passed since the Commission came Into existence, and the pre-eminent question of Joint rates on wheat has at last been reached. When the Railroad Commission bill slipped through the Washington Leg islature as easily as though it was on well-greased skids, representatives of the railroad interests, who were watch ing the performance, and could easily have ditched it, gave as a reason for their indifference that the law was so clearly unconstitutional that it would be knocked out the first time it ap peared In court. That the railroads still hold that opinion Is clearly indicated in the an swer to the complaint filed by the Commission. The Northern Pacific, Great Northern and O. R. & N. filed separate answers, but they were prac tically the same on all important points. Railroads Throw Down Gauntlet. It seemed to be pretty well under stood on both sides that the matter was to be passed on to-the courts, but the attorneys made the stereotyped motion to quash the complaint, meet ing, of course, the refusal of the Com mission to consider it, and thereby ter minate the present engagement. Then the gauntlet was thrown down, and, concealed in a wealth of verbiage, which covered several dozen pages of legal cap, appeared quite a number of emphatic reasons why the Commission could not order in a joint rate. The railroads made their heaviest attack on the constitutionality of the measure. They pointed out that the AND THEN Railroad Commission law, in so far as it pretended to confer the power to establish rates of any kind, either joint or local,, was unconstitutional and void. In that the provisions of said act "contravene and are In violation of the Constitution, which provides that the Legislature shall pass laws estab lishing reasonable maximum rates, and any attempt to establish or enforce a rate, either joint or local, other or less than the maximum limit prescribed by the Legislature, is null and void and of no force and effect, and this Com mission has no power. to attempt to enforce or establish such a rate." . Proof to Back lp Denial. The answer makes emphatic denial of the Commission's charge that the export price of wheat at Seattle and Tacoma Is 1 to 3 cents per bushel higher 'than at Portland, and representatives of the rail roads state that they have indisputable proof to substantiate their deniaT. In that portion of the answer touching on the constitutionality of the law under which the Commission is working, it is stated that maximum rate bills passed in 1S91. 1S93 and fixed rates, which can not now be changed by the Commission. The law provides heavy penalties for the failure of the railroads to comply with the order of the Commission, and the O. R. & N., in Its answer, states that these penalties are so excessive, and the differ ence between the amount which the rail roads are charging and those which the Commission is intending to put in effect is so great, that pending an appeal or re view proceeding they will amount to sev eral million dollars, a sum so great that the railroads cannot secure sureties on an appeal bond, while at the same time no provision is made for Indemnity bonds in case the Commission loses the case. Electric Lines Are Exempt. A further attack on the constitution ality of the law Is based on the statement that electric railroads and street-car lines engaged in the same business as the de fendants are exempt from the provisions of the law. The Railroad Commissioners did not reach Colfax until noon today, and the meeting was called for 2 o'clock at the Courthouse. The answers filed by the railroads were so voluminous that Assistant Prosecuting Attorney Falkner, who is handling the case for the Commission, asked an ad journment until 9 o'clock' tomorrow morn ing. This was granted, and both sides are preparing for an active session tomorrow. The meeting has brought together quite an aggregation of legal and traffic talent. The Northern Pacific is represented by J. G. Woodworth, traffic manager; J. B. Bard, general freight agent; Henry Blakeley, Western freight agent, and A. G. Cannon, counsel for the O. R. & N. R. B. Miller, general freight agent: A. C. Spencer, attorney, and George J. Mohler, general agent at Spokane, are here. The Great Northern is represented by J. G. Gordon, of Spokane, and S. B. Calderhead is here frr the Washington. & Columbia' River ne. " ' " But few of the witnesses who have been subpenaed were here this morning, but a number came In on the evening train and more will be here tomorrow. Among those who will testify on the joint rate matter are: Moritz Thompson, Centennial Milling Company; C. A. Peplow, manager Ham mond Packing Company, Seattle; John T. Bibb, manager Tacoma Grain Com pany; P. J. Fransioli, grain dealer, Ta coma C. D. Francis, G. H. Ford, Spo kane; Lewis Lindstrom, Fairfield; D. An derson, Rosalia; F. J. Hay field, Farming ton; P. W. Lawrence, Pullman; A. M. Scott, Colfax; George E. Brand, Belling ham. r The remarkable situation which con fronts the Commission Is reflected In the personnel of the witnesses. The Puget Sound witnesses in the foregoing list are all millers or grain dealers, who are desir ous of a Joint rate for the alleged rea son that it will enable them to buy cheaper than at present. The other wit nesses are fau.ners and grain dealers, who are seeking a joint rate for the al leged reason that it will Increase the price of wheat. Somebody Will Be Disappointed. It is, of course, quite plain that if the Commission should succeed in get- (Concluded on Pag 1 THE GAS MAN SENT FOR T ROrJUHJEM S ROYAL SALUTES Receives French and British Embassies. PRINCE OF WALES - CHEERED Baby Crown Prince Most Pop ular of Royalty. OSCAR'S SULKS IGNORED Norway's Far Northern City Bub bles With Gayety and llesounds With Cheers and Cannon for Haakon's Coronation. TRONDHJEM, June 20. The event of today in connection with the preparations for the coronation of King Haakon VII and Queen Maud was the arrival of the Prince and Princess of Wales and their children on board the British royal yacht Victoria and Albert, convoyed by the Brit ish second-class cruisers Juno and Tal bot. The British vessels entered the har bor at 4:30 o'clock this afternoon and the Juno and Talbot fired a salute, to which the Norwegian cruisers and shore batter ies replied. For half an hour the sound of guns xe-echoed for miles' along the fjord. The Victoria and Albert had anchored in the harbor before King Haakon, Queen Maud and Crown Prince Olaf boarded .a launch and steamed out to meet their relatives, the representatives of the Brit ish nation. The close kinship of the King and Queen of Norway to the Prince of Wales made the meeting particularly sympathetic. The Prince of Wales em braced his sister and warmly greeted his brother-in-law and took the little Crown Prince Olaf in his arms. Later the mem bers of the two suites were presented to each other. British Princes Cheered. Thi royal party remained on the Vic touTa and Albert until 6 o'clock, when' it returned to the landing, where the peo ple awaited the coming of the Prince and Princess of Wales. The departure of the party from the British royal yacht was the signal for another series of salutes. A great throng surrounded the landing and gave King Haakon an ovation. When fhe Prince and Princess of Wales arrived at the landing, King Haakon took the arm of the Prince of Wales and marched up the landing and along In front of the guard of honor, the band playing the British national anthem and the crowd cheering enthusiastically. Queen Maud and the Princess of Wales and their children entered a carriage to gether. King Haakon and the Prince of Wales In another. The British Minister and the members of the suites and aida followed, and the party drove to the pal ace through crowded streets. The crowd was especially demonstrative because of the relationship of the Prince of Wales to Queen Maud. All Love Baby Crown Prince. The arrival and reception of the special embassies from Great Britain and France, headed by the Prince of Wales and Ad miral Boyle, respectively, gave the crowds pleasing spectacles of royal page antry. Beside the salutes of the arriv ing warships and the responses to them, there was an extended exchange of inter- A CHEMIST national courtesies and from morning un til noon guns boomed In the harbor. The only public appearance of the royal family of-Norway was when it went to greet the Prince and Princess of Wales, which was made the occasion of a patri otic demonstration. The "baby Crown Prince has taken a wonderful hold on the hearts of the Norwegian people, and If he retains his place in their affections through the years he will be one of the world's most popular monarchs when he finally comes to the throne. King Oscar's Sulks Ignored. The fleet In the .harbor is rapidly growing and presents' a gala appearance, the vessels being draped with gay bunt ing. The American Embassy, headed by Charles H. Graves, Minister to Sweden, will be received In audience tomorrow, Major W. M. Gibson.'the military attache, having arrived today. The remaining special embassies. Including Prince Henry of Prussia, will reach here tomorrow, when file final preparations for the cor onation will be completed. ' The absence of Swedish representation attracts little attention. A few resident Swedes display their' flag, but the official arrangements ignore Sweden because of King Oscar's refusal to participate. The French armored cruiser Admiral Aube, carrying fhe special French Em bassy to the coronation of King Haakon, arrived here this morning. Immediately after she reached anchorage, specially se lected, her guns awakened the echoes of the fiord with a salute. She then "dressed ship" and the Norwegian men-of-war and shore batteries answered her salute. The members of the French Embassy landed at 11 o'clock this morning, were received by officers of the royal house hold, were given a guard of honor, and were driven to the palace, where King Haakon received the Embassy and thanked them and. their nation for their presence here on the occasion of the coro nation. The leading members of the Norwegian Cabinet, headed by Premier Michelscn, left Christlanla today for Trondhjem. THEY XEVEK CONSULTED HIM Sultan's Dignity Hurt by Powers at Algeciras. LONDON. June 21. The correspondent at Fez of the Daily Mail telegraphs that he has had an interview with the Sultan of Morocco, who, when reluctantly in duced to talk about the Algeclras confer ence on Moroccan .reiorms, complained bitterly that during the progress of the conference he was never consulted. The Sultan added that he agreed in principle with the convention, but that "some mod ifications are necessary, and I mast have time to consider tne treaty." He especially desired to have a clause Inserted empowering him to dismiss the European Commissioners as soon as, In the opinion of the European governments, Morocco was established on a firm and sound basis. Such a clause, the Sultan said, would bo the recognition of Moroc can Independence and testify to allay the suspicions of the" Moroccan people. The Sultan confessed that his great ambition was to have a railway built to develop Moroccan trade. Liberals Win In Nova Scotia. HALIFAX, N. S.. June 20. The Liberal government, of which Premier Murray is the head, was successful by a great ma jority in the elections for the General As sembly which were held throughout Nova Scotia today. The Liberals elected 34 members and the Conservatives four. In the House recently dissolved the Liberals had 36 members and the Conservatives two. The individual feature of the con test was the defeat of H. H. Wlckwlre and George Patterson, Cabinet Ministers in the Murray government. CONTENTS TODAY'S PAPER The Weather. YESTERDAY'S Mexlrmira tempTatur, 80; minimum temperature, 51. Precipitation, none. TODAY'S Shower and cooler. Southwester ly winds. Russia. Rioting renewed at Bialystok, but sup pressed by troops. Page 3. Whole regiment mutinies and kills officers. Page 3. Truth about beginning of Bialystok massa cre. Page 3. Czar calls on Trepoff to form cabinet. Page 3. Jews appeal to America and Britain, but ., Roosevelt says nothing can be done. Page 3. foreign. Prince and Princess of Wales arrive at Trondhjem to see King Haakon crowned. Page 1- Japan expects soon to fight Russia again. Page 4. Sultan of Morocco angry with powers. Page 1. Rational. House passes bill to pay President's travel ing expenses, but It strikes snag In Sen ate. Page 1. Senate debates meat-inspection bill. Page 4. Morgan makes long speech on 82d birthday. Page 3. Hitchcock will t fight graft on Colvltle In dians in court. Page 4. Panama will quarrel with Vnlted States abou,t tobacco duty. Page 2. Politics. Elkins speaks on burden of wealth and Shaw on currency. Page I. Guffey removes obstacle to fusion In Pennsyl vania. Page 1. Proctor named for Governor of Vermont by Republicans. Page 6. Domestic. V Millionaire's wife, accused of manslaughter, threatened with lynching and dynamite. Page 2. Hearst advises labor leaders to use power In elections. Page 2. Convicts escape in Louisiana and are all killed after killing guard. Page 2. Police set trap to catch Muenther. Page 3, Sport. Hawthorne team wins grammar school track meet. Page 9. Beavers defeat the Seals, 5 to 2. Page 0. Entries for Suburban Handicap. Page 9. Two Jockeys Injured at Gravesend races. Page 9. " - - Pacific Coast. Hearing in wheat rate case Is begun before Washington Railroad Commission at Col fax. Page 1. Commencement exercises In Willamette Val ley colleges. Page 5. Oregon Legislature may create state board of control. Page 5. Harriman wins In move for control of the Pacific at Idaho Northern. Page 5. Weather favorable to all kinds of North western crops. Page 5. Portland and Vicinity. Grand jury will ask court for further in structions in election fraud cases; indict ments may follow. Page 14. W. H. Chapin enters Speakership race; said to be anti-Bourne move. Page 12. Democrats will hold big dollar dinner in Portland. July 2. Page 14. David M. Dunne Is reappointed Collector of Internal Revenue. Page 8. Sheriff-elect Stevens gains four votes In re count. Page 8. Detectives hunt for Thomas Young, escaped convict. Page 7. Council vacates many North-End streets for Portland & Seattle terminals. Page 4. VERY RICH MEN NEVER WHISTLE Elkins' Comment On Burden of Wealth. POVERTY TO BE ABOLISHED Defects Are in Distribution, Says Rich Senator. IN TALKING TO BANKERS Discusses -Income and Inheritance Tai, bu. Podges Issue Shaw ' Predicts Panic Viricss Cur rency Is Made Elastic. ELKINS. W. Va., June SO. fh closing session of the West Virginia Bank ers' Association today the features wera addresses by Secretary of the Treasury Leslie M. Shaw and Senator Elkins, of this state. Xlie convention was brought to a close tonight with a banquet at the home of Senator Elkins. Mr. Edkins spoke on the income and In heritance taxes, and said that the 20th century was getting ready for the read justment of the interests of humanity. "Money in a certain sense is concen trated power," he said. "Money Is an or der on the world for what the world pro duces, and in all countries and climes this order is always honored. "After a certain point wealth becomes a burden and robs its owner of ease and repose, yet I have observed how eager and willing people are to struggle along through life with the burden of wealth upon them. Very rich men never whistle. Poor men always do. Bird songs are in the hearts of the poor man. This is well. In every condition of life there is com pensation." Poverty Will Be Banished. Mr. Elkins declared that poverty and want will yet be banished from the world. He said: "Thero is enough wealth in the wor-u now to prevent poverty, but we have not yet learned how to distribute it. We un derstand the ways of accumulation, but not of distribution. Society and govern ment are constantly struggling with great questions. Society, under a free govern ment, has reached the point where it can get what it demands, what is best for it, and protect itself without force." In the End, Strong Prevail. Competition and individualism go hand in hand, said the Senator, and up to a certain point are wholesome and benefi cial to commerce and business. "Unrestrained competition in the busi ness world," he added, "throws society back on the cruel law of the survival ot the fittest, and in the end the strong pre vail and dominate. Competition and indi. viduallsm are the parents of present con ditions, of trusts, combinations and colos sal fortunes. Theodore Roosevelt one said that he thought a compromise be tween individualism and socialism would be best. I replied that apparently this might be a solution, but how could society get rid of the evils of both while holding on to their benefits?" Defects In Currency System. Mr. Shaw said: "The fact, and I thinkt it is a fact, that the United States has the best currency system in the world does not Imply that the currency system of the United States is perfect or that It cannot be improved. It is the most con venient system of the world, because It Is not constructed on the decimal or metric system. The system is not perfect largely because it Is nonelastic. It falls to re spond in volume to the changing needs of seasons and of localities. That there will be no further currency legislation until we shall have experienced a panic occa sioned by this want of elasticity, I am convinced. "Let me define this defect more specifi cally. Annually we have an excess of money during the Spring and Summer months. Annually we pans through a period of anxiety as we approach the period of crop movement, for annually the volume of money is relatively insuffi cient to meet this sudden Increase of busi ness. "We do not need and must not have in flation. The average amount of money is. In my Judgment, abundant. The difficulty lies in the fact that the volume remains stationery." HE WILL XOT OPPOSE FUSION Guffey Removes Obstacle to Demo cratic Success in Pennsylvania. ' PITTSBURG. June 20. Colonel James F. Guffey, National Democratic commit teeman from this state and Democratic state leader, gave to the Associated Press tonight a statement defining the position -in the approaching campaign. In his statement Colonel Guffey releases all delegates to the convention from pledges to himself or frlend, leaving them free to support whom they please. He says that prior to the Lincoln party campaign In May, he and other leaders were of the opinion that a Democrat should head the state ticket. Since the Republican state convention conferences with leaders have indicated a marked change, in the views of many, and he deems it only fair not to Interfere with these leaders and what they think best for the party at this time. Mr. Guffey had heretofore declared that fusion could only be accepted by the Democratic State Convention with a Dem ocrat at the head of the ticket. He says he Is still of the same mind, and con tinues: "Nevertheless 1 want to avoid strife la the party and its organization."