22.07.2013 Views

America's Money Machine

America's Money Machine

America's Money Machine

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

42 PART I / THE ROOTS OF REFORM<br />

which he headed, and without moving from his seat reported the bill<br />

favorably and called for a vote. Such in those days was the control ofthe<br />

leadership over their respective Houses! The bill was adopted 47 to 20<br />

and again a struggle for a compromise began. IO<br />

Eventually, after several White House conferences marked by the faithful<br />

cooperation of Speaker Cannon, who for the first time joined forces<br />

with the White House on an important item of the Administration program,<br />

a compromise was accepted which left open the question whether<br />

currency issues should be backed by bonds or commercial paper. To<br />

obtain support of reluctant Congressmen for this hermaphroditic measure,<br />

the Times charged that it would be coupled with a $23 million public<br />

works or "pork barrel" bill.lI-<br />

On May 27 the compromise squeezed through the House under<br />

Speaker Cannon's whip, 166 to 140, but in the Senate confronted a new<br />

and formidable attack by Senator La Follette. The "La Follette Filibuster"<br />

is one ofthe most famous in the annals oflegislative debate. Only<br />

the currency bill held up adjournment and the members were eager to<br />

leave for home. In such circumstances a filibuster, holding the Senate in<br />

session, can be a powerful weapon. The La Follette filibuster was defeated<br />

by circumstance of the blindness of one of the La Follette coterie,<br />

Senator Thomas P. Gore of Oklahoma, combined with the unceasing<br />

watchfulness and consummate strategy of the opposition. Senators La<br />

Follette, Stone and Gore were taking turns speaking so as to prevent the<br />

bill from coming to a vote. The blind Gore had taken the floor on the<br />

understanding that at his signal Senator Stone would relieve him. But<br />

Senator Stone had stepped into the lobby at the moment the blind Senator,<br />

unaware ofhis absence, gave his signal. As Gore paused in his speech<br />

Senator Gallinger rose and demanded a roll call and the cooperative<br />

Clerk began calling the names beginning with Aldrich. The La Follette<br />

group shouted a point of order but Vice President Fairbanks ruled that<br />

the roll call was in order. La Follette had lost the floor, the bill passed<br />

by a vote of 43 to 22, and was signed by the President on the same day,<br />

May 30, 1908.12

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!