Evening Republican, Volume 23, Number 121, Rensselaer, Jasper County, 19 May 1920 — WASHINGTON NEWS IN BRIEF. [ARTICLE]

WASHINGTON NEWS IN BRIEF.

Washington, D- C„ May 18.— While the leading bankers of the country in conference with the federal reserve board were urging the government to relieve the freight tieup to avert disturbance of credit conditions the I. C. C. was rushing trains of empty cars to congested centers and preparing to issue tomorrow local embargoes on the movement of nonessentials, and priorities for. the movement of food and fuel. _i The restriction of nonessential loans, pressure upon hoarders and profiteers to liquidate commodities held in stock, and exertion of every effort to relieve traffic congestion were the chief recommendations today of the bankers in conference with the federal reserve board. President Wilson today named John Barton Payne of Chicago, secretary of the interior, to succeed Walker D. Hines as director general of railroads and as the president’s agent to carry out under the provisions of the transportation act the incomplete work of the railroad administration. Opposition by two “small army” congressmen, Representatives Anthony of Kansas and Dens of Alabama, threatens to destroy practically every valuable feature of the Wadsworth army bill recently passed by the senate and regarded by military experts as the most thorough preparedness measure ever enacted by congress in peace time. Republican* fears that. Senator La Follette of Wisconsin might bolt the party and head a third ticket were set at rest today by Senator Gronna of North Dakota, his most intimate friend in the senate, who, in announcing his candidacy for re-elec-tion, said that he had been assured that the national platform would be acceptable to evey* Republican. Opposition to the proposed tax on dealings in futures on grain exchanges was expressed today by Charles H. Canby, representing the Chicago Board of Trade before Republican members of the house ways and means committee.