Morning journal and courier., 1893-02-10
UNDER THE GILDKD DOME.

Company-A Letter From President
 Rxv1ght Regarding Pool Selling
 Other Matters of Interest.
 HARTFORD, Feb. 9.-[Speoial ]-Private Secretary Loomis to-day, in behalf of Gov ernor Morris, presented to the senate the of James A. Bill of Lyme, Samuel L. Bronson of Hartford, and Rich ard E. Follett of Windham to be fish com missioners for three years from March 1, of Groton for factory inspector for two years from July 1, 1898.
 MT. James A. Bill has served on the board of fsh commissioners since 1874, and now receives appointment until 1896. He Is seventy-six years of age, but active. His home is in that part of Lyme known as Bill Hill. MT. Fill is we'll known throughout the state in connection with the Connecticut Fair association, of which he has been the president for many years. He has served in both branches of the leg islature-in the senate in 1859 and 1853, and in the house in 1849 and 1867. He has been @ member of the state board of agri- culture since 1870.
 Samuel M. Bronson was born in Water bury, April 1, 1881, and was educated in the public schools of that city. He re- moved to Hartford in 1869 and engaged in the meat business. In 1872 his present business of salt fish and grocery sundries YVES established on State street under the of Hoobo1 Qr Tv, n short time MT. Bronson purchased the in- terest of his partners and continued the business himself until 1880, when Mr. R. N. Fitzgerald became associated with him. Mir. Bronson has charge of the firms fish packing houses at Block Is1snd and Sable Point. MT. Bronson was elected an alder man @ year ago from the Third ward. He is the president of the Merchants' exchange and leading member of the Hartford board of trade. He is 8 thirty-third de- gree Mason and is prominent in number of organizations.
 Richard E. Follett is we'll qualified to fill the position of fish commissioner, having had extensive experience. He has been employed by the board as an expert on the artificial propagation aof fish. MT. Follett lives in Windhsm.
 MT. Enoch Burrows Brown was born in Stonington, in June, 1883. He was edu- oated in the public schools and at East Greenwich academy, graduating in 1851. He has held the office of town agent, and been the manager of the Lantern Hill Silex company and for Mallory & Williams, and slso engaged in stock breeding and farm ing. He was representative in the legis lsture in 1884, 1885 and 1887.
 Considerable talk wss heard about the capitol to day concerning proposed pub iic hearing on the appointments of Robert J Vance as labor commissioner and Ed ward B. Doyle as bank commissioner Protests have been entered by the labor people, while the Hartford petitioners seem to think that Nil. Doy le, who ia only twenty three years of ags, Is too young and inex perienoed to hold responsible commis- -ionership. The meeting WAS, however, given up, aud neither sppointee will prob ably meet with any opposition in either body of the assembly.
 Before the committee on banks to-day came up the resolution amending the char ter of ths Middiesex Banking company of Middletowp, whose debentures are legal investments for trust funds under the lawa of this state. This latter power, the amend ment to the charter, which was introd uced by Burr 6 Knapp of Bridgeport, agents for the Georgia Loan and rrust company, and the Wisconsin Loan and Trust com pany seeks to take away. The Middlesex company obtained the passage of the spe- cial law making their debsntures legal in- vestaents for trust funds in 1875, and since that time has been issuing 6 per cent. debenture, of which $825 900 are re- deemable in 1893 and due in 1895, $1 ,500, 900 are redeemable in 1894 and due in 1896. $1 200, ,000 redeemable in 1897, and S200 000 raIeorn h1a ir, 1909 off ho company's securities are in loans in North and South Dakota. Minnesota, Wiscon, sin, Texas, Arkanssw and Louisi- ana, and their debentures which are largely held by trustees, and church and school societies, have been issued to the amount of six millions of dollars. To pass such petition as WAS before the commit tee to- day would be to take from this com pany, which Is the only one in the state having such power, it's very life. The Mid dlesex company WAS represented before the committee by Attorney Cole of Hartford Judge Elmer of Middletown and the off cers of the company. while Attorney Burr of Bridgeport and MT. A. B Mygatt of New extraordinary power making the debentures legal trust funds. These objections of Mir. Cole were technical ones regarding matter of proper statutory compliances regarding advance petitions which prevailed and the petition was re- jected. MT. Mygatt in speaking of this company before the committee, said: also appear in favor of the proposed amend ment to the charter of this company, from what consider . sense of duty, I am op- posed as matter of principle to the in. gestment of trust funds in debenture bonds. Iknow all about debenture bonds These companies have agents all over the west, and take their commissions, issue debentures and grow into great companies, and to-day over 5000, 900 of the money of widows and orphans of this section, are locked uI in these debentures I know that de. bentures bearing 6 per cent. are not the things to make trust funds of. This com. pany has special privilege and in time If 1t goes on this amount will roll up to $2O, 900, ,000. Note, gentlemen, with what care the funds of banks are invested, and here are trust funds which should be much more sacred, locked up in these debentures. The true policy of Connecticut would be to pass law that the debentures of no such company should be legal investments for trust funds. l am @ business man and know all about them, and no wise business man would ever advise investment in them. This proposed amendment having been rejected Mir. Burr stated that 1t was his purpose to immediately put in a bill for public act, that the debentures of any trust company shall not be legal trust investments. A warm contest is looked for in the matter, as the companies repre- sented seem bound to take away this spe-
 YALE ALSO CAME IN
 For it's share of attention today, first, when a bill WAS introduced in the house empowering seleotmen to give to the med teal department the unclaimed bodies, which have formerly bsen buried at ths towns expense. Again when Senators Fox and Keeney had f.w words in the senate over the $12.0O0 appropriated by act of congress to agricultural institutions and for the third time in letter to Sen ator Fox of the judiciary committee on pool selling in New Haven, which reads as follows.
 PRESIDENT DwIeHT's LETTER.
 Hon. Ssnator Fox:
 My Dear 5ir-I understand the judiciary com mltLee of the general assembly, of which you are chairman Il IS under consideration bill fr the suppression of establishm =nts for pool selling Tn 'se establishments are, in my judgment, SC dangerous to the moral well being of our pm mun,ties anu so greatly inju Jus in mans ways to young men who are led by them that neg leave to urge upon you and your associates the importance to the highest interests of the state as the passage Of such a bill at the earliest prac ticai moment. The young men in our commonwealth. both tn se who en gagged in the trades and in mercantile and manufacturing business and those who are in a course of education in our schools and col leges may well claim that which deeply concerns their welfare the attention and regard of the legislature. The removal of evils, which tend tc undermine character and morality in this class of persons as We'll io many who are older