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Show CURRENCY BILL I PASSES54 TO 34 Dpposing Forces Unite in Final Vote Floor of Senate Crowded. GALLERIES APPLAUD Measure to Become Law Before Be-fore Xmaa New York Bankers in Line. Washington, D. C, Defe 20 Aftei a hot debate in the house today, ad ministration leaders had their way and sent the currency bill to a conference con-ference committee. Attempts to con cur at once in the senate amendments were defeated, 294 to 59. A group of middle-west Democrats made a futile fight to accept tho sen ate provisions for guarantee of de posits, rediscount of six months ami cultural papers and five-year farm mortgage loans by national banks Washington. Dec 20. The administration adminis-tration currency reform bill, proposing a revision of the financial system of the Cnited States and the creation of regional reserve banks to act as strengthening elements In the hanking hank-ing and financial world passed the I senate last nicht by a vote of 54 to I. Forces that had fought together for improvement and amendment of the measure to the last divided when the final vote came. Senator Hitchcock, who had led the opposition to the bill. returned to the Democratic rann: . and Senator Weeks, ono of the leaders on the Republican side, with five other Republicans and Senator Polndexter , proM. -lei suted for the passage! of the measure. Wide differences exist between the form "f the legislation passed by tho senate last nUiit and the bill that passed the house several months aw. Democratic leaders already have partly part-ly adjusted these differences, however The adoption of the administration bill, known as the Owen bill, followed upon the formal defeat by U to 41 of the Hitchcock bill, which had been Indorsed In-dorsed by Senator Hitchcock and the five Republican members of the evenly divided senule committee that pa-se.l on the legislation. The senate had previously rejected without a roiicaii a central bank bill offered as a substitute sub-stitute by Senatoi Hurton. Senate Vote. Tlw vpnators who voted for the Owen Ow-en hill were: Democrats Ashurat, Bacon Bank-head, Bank-head, Bryan, Chamberlain f'hilton, Clarke. Fletcher, Gore, Hitchcock Hoi-j lis, Hughes, JameS; lobnson K rn. Lane, Ix'a. Lewis, Martin, Martine, Myers. New lands, O'Corman, Overman. Over-man. Owen 1'itlman, Pomerene, Rans-dell, Rans-dell, Reed, Robinson. Saulshurv, Shaf-roth. Shaf-roth. Sheppard, Shields, Bhlveley, Simmons, Sim-mons, Smith of Arizona, Smith ol i (je.T.-l.i Smith of Mai land Smith of South Carolina, Swanson. Thomas, son. Tillman, Vardaman, Walsh and Williams it Republicans Crawford, Jones. Perkins. Per-kins. Nonls. Sterling and Weeks C. Progress Ives Polndexter Votes Again6t Bill. Republicans Borah. Hradl.-y Bra dv, Brandegee, Brietow, Burton. Catron, Ca-tron, Clapp. Colt. Cummins, Dillingham. Dilling-ham. DuPont Gallinger, c.off Gron-na. Gron-na. Jackson. Kenyon. Ia Follette, Lip-pitt, Lip-pitt, McCumber, McLean Nelson, Oliver' Oli-ver' Page Penrose, Root. Sherman, Smith ol Michigan, SmOOt, Sutherland. Stephenson, Townsend. Warren and Works 34. Absent and paired Burleigh. Mark i Wj "ininpr). Full. Lodge. Stone, Th. .niton. .ni-ton. Vacancy Alabama Passage Applauded Throughout the afternoon when a vote on the bill was momentarily expected. ex-pected. Mrs. Wilson with a party of friends from the While House, Secretary Sec-retary fcfcAdoo and Joseph Tumulty, President Wilson's secretary, were In terested spectators of the senate's proceedings, Mrs Wll8on stayed in the private gallery until 7 o'clock, but left before the bill had passed. Gal-leiie- and the floor of the senate were crowded throughout the day, and the passage of the measure which has held congressional attention for many months was greeted with unchecked applause from the galleries. Senator Hitchcock announced his purpose to vote for the senate bill as finally completed because of Its great Importance to the financial world "My whole fight has been to strengthen and improve the bill and to prevent hasty and blundering legislation." be Bald "Senator Weeks said he would victor vic-tor the measure because It was '7." per cent good and only 25 it cent bad,' and an improvement ov er existm . COD ditions. Final Work Bgun. Final work of preparing the admin istration currency bill for President Wilson's signature was begun today I when the house and senate conferees I met to compose differences between the "Owen sub," as the measure was known as It passed the senate, and the Glass bill, which was 'he admin tration measure in the hou-.- Senators Owen, Reed O'Corman Pomerene, shafroth and iioiiis. Democrats, Dem-ocrats, and Senators Xelson, Brlslow and Crawford, Republicans, will represent rep-resent the senate In the conferences. Chairman Glass of the house banking committee, who was sponsor for the bill in the house, will head the conferees, con-ferees, wbo will include Representatives Representa-tives Korblv and Hayes, An effort I will be made to agree on a report which both houses of eoncress can ac j cept, so that the bill may be finally j engrossed and taken to the White House to become a law with President Wilson's signature by Tuesday. Points to Be Decided The principal points of difference which will have to be agreed on of compromised, are the number ..f 'he regional reserve banks, guarantee of deposits, the length of maturing of pa per for re-discount at regional banks, the percentage of gold reserve to be required avalnst the circulating notes and the time Umit of mortgages on which national hanks would he per milled to make farm loans. Democratic Leader f'nderwood, in the house, sees no serious points of differences In die two hills: the guarantee guar-antee of deposits, which was Inserted by the senate, is practically the only change made In fundamentals. All the changes made by the senate are understood to be agreeable to President Presi-dent Wilson As one administration supporter put it today, "the plan Is to have tho president sign this bill before Wednesday, Wed-nesday, so that It may become a Christmas present for the American people." On Its way to conference the bill struck a snag in the house, win-re a tight over the number of conferees and the question of a separate vote on some of the senate amendments caused caus-ed delay Represen'atlv,. Class asked unanimous consent to disagree to the senate amendments and send the bill to conference. Hnrdwick of Georgia and Madden of Illinois contended the house should have a- m;:n cut. rees as the senate and said they desired an opportunity to vote on some of the amendments. Majority Leader Underwood was given unanimous consen' to take up the bill but Representative Murr.iv of Oklahoma moved to concur in the senate amendments, and the reading of the fifty pages of changes made by the senate was ordered, causing a long delay In gdttin 'he bill before the conference committee The fight in the house developed a movement to insure amending the senate measure for guarantee ol bank deposits. Representative Class declared thl enactment of the measure into law as It came from the senate would be a "calamity " 'J want the bill sent to conferi Q e he said, "because I am convinced thai as the hill has been completed bj the senate, it would not be a workable law " He pointed out several provisions In the senate amendments which he said conflicted Mr Glass attacked the bank re serve requirements as amended by the senate. "Under this provision." he said, "the total reserves of the banks In the I 3'8tem, both in cash and In credit. 1 with the reserve banks, would be ' less than they are a' present holding 1 in cash Within a few months under 1 these provisions we would have a ; iaturnalla of expansion, of wild in 1 .iatfon. "There are things In this bill which would brum calopnitj 'o this country and they ought not be allowed to become law he declared. Majority Leader Cnderwood closed the debate, declaring that the meas ure should be sent to conference ano the house lined up for a vote. With the house in disorder, Repub lican Leader Mann moved to Instruct il.r linnflD rnnfflrooa In .lie .free tc; t UP senate amendments and agree to the 'Hitchcock" bill rejected by the sn ate. A parliamentary wrangle en sued, and another roll call was or lered to shut off debate. . 4 The bill went to conference, hovvev r. with the house managers Instruct id to accept the senate amendments extending the; rediscount privilege toj six months commercial paper and permitting national banks to makt five-year farm mortgage loans. By a vote of 211 to 61, tho iemo crals voted down instruction offeree hv Representative Mann to substitute the "HltchCOCk'' bill. During the debate Representative Class dei lared that n. Immediate agreement between the two houses was likely, although other leaders pre dieted early action. There are serious differences be tween the two houses," said Representative Repre-sentative Class, "and I cannot see any prospect of an Immediate agree ment " Then after the house had wrangled back and forth for more than four hours. Speaker Clark finally got thinps to a point where he could name the conferees, and he formally named Representatives Class, Korbley and Hay es |