The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1891-02-18
WORK OF THE SENATE.
Bucket-Shops Must GO-Numerous Impor-
tant Measures introduced.


The calling of those speculative indi-
viduals who deal in margins was ventilated
in the upper branch of the legislature
Saturday morning when Mr.. Shock
news bucket-shop bill came up
on third reading. This bill makes it
unlawful for any corporation, association,
copartnership or person to keep or cause
to keep n bucket-shop wherein is con-
Quoted the pretended buying and selling
of the shares of stocks or bonds, or petro-
leum, cotton, grain, meat, provisions
or other produce without any
intention OF receiving or paying for the
! property so bought The penalty for
violation of this section is a fine of not
more than $500 nor less than 500, and for
| the second ofense imprisonment in the
| county Jail for not less than
six months. All commission merchants
or brokers shall upon demand furnish to
| any customer for whom they have exc
| cuted an order the names of the parties
| for whom the property was bought or to
| whom 1t is to be sold. Failure TO do so
shall be taken as prlma facie evidence
that such property was not bought
or sold in a legitimate manner Under
any building who knowingly permits q
| bucket chop to carry on business therein
shall be liable to a fine of not less than
| $500 nor more than 1000.
| There was an emergency clause in the
| bill, and this section, on motion of the
author, was stricken out.
Mr.. Shockney talked at length on the
| merits Of the bill, saying there was a de-
mand for the enactment OF such a law.
| This demand was not by any means
confined TO the large cities Bucket
shops were organized for the pur-
| pose of robbing the unwary and
many fortunes had been swept away by
reason of their existence. He cited the
fact that in the town in which he resided
! Union City one establishment of this
! kind had taken in over a quarter of a
million of dollars in the short space of q
| year.
Mr.. Burke thought that under the pro-
visions of the bill legitimate brokerage
| and commission business would be en-
| dangered. He was OF the impression that
| there was no necessity for legislation of
this kind because bucket shops were not
| operating in Indiana at this time.
Mr.. Mount said that, while there might
be some defects in the measure, it would
remedy great evil. II was a step in the
right direction. Bucket shops had caused
| a great many financial wrecks throughout
the state.
Since the practical defeat of Mr.. Hub
| bells building and loan association bill
brought about largely through the efforts
| Of Mr.. Shockuey, there has been a rather
wide breach between those two
members, and they have taken
opposite sides on almost every question
not involving politics. Mr.. Hubbelfs OPP
| position to the bucket shop bill was there
| fore sufficiently strong to draw forth from
| Mr.. ShOckney the sarcastic remark that
! he was sorry to see the gentleman from
Elkhart feeling so sore over the failure of
this bill.
The bill was passed by the following
votes, the names OF republicans being in
| italics:
Ayes-Messrs. Boyd, Byrd, Carer, Glenn
ems, Ellison, Ewing, Foley, French, Fulk.
| Gilman, GroSe, Han'ey. Harlan, Hayden,
| Hayes, Hobson, Hudson, Logeldnd, Lynn,
McGregor, Morgan, Moore, Mount, Shanks,
!Shockney, Smith, Thompson (Marion)
Thompson pulaski Wiggs-29.
Nays-Messrs. Burke, Chandler, Crit
fifth, Grimes, Holland, jackson, Jones,
Keith, McHugh, Sweeney. Thompson
| (Huntington)-1l.
Mr.. Hubbell, being absent from The
room when the roll was called, was not
recorded as voting.
The committee on labor reported favor
ably on Mr.. FoleY's bill creating a board
| of arbitration and mediation for the settle
ment OF difficulties arising between en-
ployers and employees. The bill was then
| engrossed and made special
order for Monday at , D. m. after the
! following amendment submitted by Mr.
| Foley had been made thereto: That the
| first member of the board appointed be q
member of some labor organization and
not an employer; that the second be an
employer OF labor; that the third be
named by the first two members
appointed; that when the board
arrives at decision in any
matter in controversy it shall file the same
| in the Office of the clerk of the county and
such decision shall become the decision of
the court of such county and be enforced
as all other decisions are.
| Official notice of the death of Gen.
Sherman came to the senate while that
body was in the midst of a discussion of
bills on third reading in the shape of the
following message from the governor:
Hon. Ira Chase, President of the Senate:
| DEAR SIR: A telegram has just announced
! the death Of William Il. Sherman. The services
| of this distinguished soldier who has done SO
| much to serve one country should be honored by
| all loyal men trust that it may meet with the
| appreciation of both houses to set apart an
hour on Tuesday next to do honor 20 the de-
parted hero. Yours truly,
ALVIN P. HovEY, Governor.
The message was simply received with
out action and the following resolution Of
fered by Mr.. Grose unanimously adopted:
| Whereas, The news of the death of Gen.
William I. Sherman, falling so closely upon
| that of Admiral Porter has been received by
this senate with profound sorrow.
Therefore be it resolved by the senate OF the
| state of Indiana, the house of representatives
concurring, that committee of three
members be appointed by the presi.
| dent of the senate to act with
like committee to be appointed by the
speaker Of the house to prepare and report to
the two houses next Tuesday at p. IN. suit
| able resolutions of respect to the momory OF
our dead heroes.
Resolved further, That as On additional evil
| denoe of respect the senate now adjourn.
The presiding officer appointed as a
committee to prepare the resolutions OF
respect Messrs. Grose, Boyd and Howard,
and the senate adjourned.
The following bills passed the senate
Saturday:
BY Mr.. demonstrating aside one
ward in the Central hospital for the in