Show H 00 S E C OMM I 1 TT E I 1 ILLS KILLS mil WHICH BILL HILL financial measure approved by the senate laid on table by vote of congressmen the vreeland plan will next be con eldered the fate of the measure being problematical but it has a chance of being approved washington the house committee on banking and currency on friday voted unanimously to table the aid rich financial bill it also decided to give a hearing to representative vreeland of 0 new york who recently introduced a financial bill which la Is looked upon as a tute tor for the th aldrich measure the discussion in committee was very brief the only point debated was as to whether or not the commit tee should make a formal report giving its reasons to the house tor for its unfavorable action and the conclusion finally was reached that no reasons should be given the tabling of the aldrich bill will result in currency legislation being perfected by the conferees of the two branches of congress it if the house car ries out the probable pro gramme of now passing the vreeland bill in that event the house measure would come to the senate after all the en acting clause would be struck out and the provisions of the aldrich bill substituted ted the effect would be to put both the vreeland and aldrich bill bills into the conference and from them a currency bill could be probably agreed upon the vreeland bill Is not hostile lu character to the form of legislation provided by the bill which was passed by the senate and therefore the ac tion lion of the house committee on bank ing and currency in the event its course Is followed by a favorable re port on the vreeland bill as a tute does not indicate that there will be no currency legislation at this session of congress as the house aali will pass that measure I 1 representative vreeland in draft ing nis bill made provision tor for the use of commercial raper japer and all other s carites curit es held by national banks undo unde the national bank act as an additional class of security upon which em r r gency circulation may be issued Us ile e eliminated limina ted certain amendments which were vere tacked on the aldrich bill b III while it was under consideration in the sen ate including the provision by senator la follette prohibiting the loan ing of money by any bank to a cor car po horation por atlon ration the officers or directors ot of which are officers or directors of tha the corporation seeking the loan |