CONFER WITH PRESIDENT ON NEW YORK SITUATION OYSTER BAY, N. Y., Aug. 20. Republican Repub-lican national politics was subordinated today to consideration of tho New York Governorship, at one of tho most Important Import-ant conferences thnt has been held at Sagamore Hill this season. Tho first visit which James S. Sherman, tho Republican candidate for Vice-President, lias made to President Roosevelt since Hie campaign began wus the occasion for a gathering of n number of other figures prominent In Republican affairs. Among these wore Chairman Hitchcock of tho Republican J National committee. Representatives W S. Bennett and Y. W Cocks. William .1. Youngs. ('lilted Stntes District Attorney for the Eastern Now York district: George J. Smith, formerly a member of Congress ! and recently appointed treasurer of tho ) State committee: Robert Bacon, Asslst-! Asslst-! ant Secretary of Stato. and Michael Ready of Brooklyn. Capt. Cameron McR. Win-slow, Win-slow, commander of the battleship New Hampshire, also was at Sagamore lilll. National issues were taken up nt tho eonferonce, and It was agreed that attention atten-tion must bo paid to the currency and banking qucstionn. It was said the Democrats Demo-crats Intended to make an Issue In tho West of the. plank of the. Democratic platform plat-form which declares for a guarantee by the Government of national bank deposits. Republican leaders take the stand that Government guarantee of bank deposits Is unsound In principle and would be unsafe un-safe In practice. Chairman Hitchcock told the conferees today that ho Is arranging to havo spoechfjs mado and arguments Is. Mied In pamphlet form bearing upon this subject.