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Show Secretary MacVeagli Talks on Monetary Reform to Missouri jind Kansas Bankers. . PAYS HIGH TRIBUTE TO THE RHODE ISLAND MAN Central Reserve Association Declared to Be the Best Remedy Proposed: " KANSAS CITY. May 21. Secretary MacVoagh cf the .treasury department, speaking t)cforo"the assembled Bankers associations of Misouri- and Kansas here tonight, indorselr the plan for monetary reform proposed by former Senator Ald-rlch. Ald-rlch. and mado a plea for all bankers to suppor It in a public spirited, nonpartisan non-partisan way; While ,ie, paid a high tributo to. Mr. Aldrlch as a monetary reformer, Secretary Secre-tary MacVeagh was frank in saying he did not agree with the tariff views of the former senator from Rhode Island, and added that lie thought Mr. Aldrlch himself him-self might have changed Ills opinions some. ,-Let me say a word about Mr. Aid-rich,'" Aid-rich,'" said Secretary MaeVoagh. "It is proper to diiTcrentiate Mr. Aldrlch's monetary mon-etary views from Mr. Aldrlch's tariff views. I have not agreed with his tariff views, not even a little, but I never pretended to him that I agreed with him, and he, as well as anybody else Hint cared about my views, knew I did not. "We must get away from Mr. Aldrlch as a tariff builder before wo can understand un-derstand him us u monetary reformer. As a monetary reformer he Is assuredly ono of the best examples. I do not say ho has always been so. He has lone been interested In monetary questions and legislation, but it is only during the last four or live years that be has he-eomc he-eomc what he Is a thoroughly enlightened enlight-ened student and builder. Expects Criticism. "Alter hearing mo say these things about Mr. Aldrlch. some of you will .say, 'Well, we are sorry for MacVeagh. Ho is another good man gone wrong. The atmosphere of Washington has been too much for htm.' , , , "Am for m.- 1 think and I expect always al-ways to think that tlie west knows more about real politics In a minute than the cast including Washington city knows In a vear. Kill at tlie same time there are a few things that a western man coming com-ing from the cast to the west may find it worth while to bring with him. "All th losses and the pernonal and famllv disappointments and discomforts and suffering must be charged to tbe bankers. One may say that the government govern-ment is partly responsible also, but ttif govern"fnr ivoulrl legislate If the bank-em bank-em wisely advised it. "Tit.- nation puts Into tho hands, of the bankers the care and control and organization of Its financial interests. In all neriods the banking nnd currency systems o' tlie world Iiavo been formulated formu-lated bv the bankers. It is' not enough to say that the bankers suffer from Uie lnndc-(uac- of their system, because they sulTci loo much and moro than any one else." Banking System of Today. -The banking system of America today, said Secretary MacVeagh. is now an unorganized un-organized muss composed oi 25,000 units. A central reserve association, he said, would bring them all Into a workable organization. It would only bo a. question of organisation and not at all ono .of centralization. That tho proposed system sys-tem would be a central bank .Secretary MacVeagh denied. .... . "As to apprehensions that the central rescrvo association may boeomo a political politi-cal Institution, or fall into the hands of a few moneyed men." Mr. MacVeagh continued con-tinued "lot me pay they are wholly un-ucccssa un-ucccssa rv It can never become a political politi-cal agency Tt is easily removed for all time from any remote possibility of being be-ing controlled by any Lsw men or any f'.wbiinkx It cannot bo owned by .ids than all the banks that create It. In conclusion Secretary MacVeagh roimneh'd the bankers to deal with cur-ion cur-ion ey reform in a thoroughly non-partl-t-nn public spirit. .r,. "I hope banking and currency reform will escape the niisfortuncM ofecoin Ing c. nartv question." said be. 1 he out-i out-i io r for c-.eapc Is excellent. Then Is no I evidence in s'glM that the parties will dividu upon it." i |