OCR Text |
Show THIRTY MILLION DOLLARS LOR THE RECLAMATION PROJECTS OF 1ST ( , i ' President's Special Message Will Be a Cheer, ing Word to the IrrigationistsRailroad Presidents Not Downcast as Reported Washington, Jan. 4. In the special message on conservation, which President Pres-ident Ta ft will send to congress on Monday, a loan of 130,000,000 to complete com-plete the existing reclamation projects pro-jects will be suggested. . Western senators, who have visited tho President during the last few days, have been given to understand that sucb a loan will bo recommended in the message. The loan probably would be floated as short term bonds or certificates of indebtedness. Senator Carter and some of the other oth-er western senators aro incllnod to favor tho lsaue of certificates, but Senator Borah, who Is the author of a bill for a J30.000.O00 bond issue, Is opposed to an issue of certificates. He believes that an Issue of bonds would be taken up more readily Friday. President Taft will send to the senate a brief message transmitting transmit-ting all of the papers and the report of the attorney general concerning the Glavia charges against Secretary Balllnger. These papers wero called for by a senato resolution. Tho President Pres-ident had intended yesterday to send In his special message on interstate commerce law changes Friday. It was said today, however, he desired to consult further with members of the Interstate commerce committees of the 6entte and house. It was also stated that the verbal changes agree! to in tho conference.; yesterday wit htbe railroad presidents would require a re-prtntlmj: of both the mepsage and the Wickersham bill, embodying the President's views. This bill Is to be placed at the disposal of the congressional committees. If tho momborn desire it. The special message on fho conservation conser-vation of national resources, which the president had hoped to get re-ady by Monday next, has been postponed until the latter part of next week. New York, .Tan. 4. "I know pretty well what the bill will provide and I ran say it neod not alarm the investor inves-tor nor embarrass any railroad that wants to do business In a straightforward straightfor-ward ond orderly manner," declared W. C. Brown, presldeut of the New York Central lines. Mr. Brown was one of the six railroad presidents who conferred with President Taft yesterday yester-day on the railroad legislation which the president will recommend to congress con-gress next week In a message. Wall Street and the railroad world have been keenly Interested in the coming railroad legislation and President Pres-ident Brown's declaration allayed in great measure the fears that, the message mes-sage would prove embarrassing to tho present control of tho country's carriers. car-riers. Anti-Trust Message Thursday. Washington. Jan. 4. Another change in President Taft's program of special messages to cougress was announced at the White House today. It was stated that the message on in lerstate commerce law probably would not go to congress until next Monday or Tuesday. The anti-trust message is still scheduled for Thursday. |