The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1893-04-19

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at the earliest practicable moment.
Resolved further, That said com
mittee be and they are hereby EN-
powered to issue process to procur
the attendance of witnesses and 70 ad
minister oaths for the purpose of sucl
investigation.
Mr.. Wheless said he had the higi
est confidence in the parties nance
but had been urged to present tn,
matter.
The committee are Messrs. Fields
Graves, Russell, James and Turner.
Adjourned till o'clock.
AFTERNOON SESSION.
In the afternoon senate bill 1856 tt
promote mining developments ii
Texas was engrossed, but the house
refused to suspend the rules to pass it
Mr.. Smith of Hill called up senate
bill known as the railroad scalper's
bill, which underwent a good deal q
discussion on the line of argument
presented in the discussion in the
senate.
The bill regulates the sale of rail.
road tickets by providing how and by
whom they shall be sold and requir-
ing redemption of unused parts
thereof and providing penalties.
Amendment was adopted making
the tickets redeemable on presenta-
ton.
Mr.. Barron offered amendment to
section 5, striking out the words,
tariff rate between the points" and
inserting "pro rata part"
By Mr.. notwithstanding requir-
ing redemption of such part of the
whole price OF the ticket as the dis
lance actually travelled bears to the
whole distance.
The discussion was by Messrs
Smith of Hill, Feagan of Polk, Rogan,
Moore, Fields, Hodges, Ball, Cough,
Sheriff., Moody, Wheless, Moore
again, James, and Sheriff. again.
Mr. Sheriff. said the bill came from
a railroad office or attorney and laid
on the desk of member of the house
for ten days before it went to the sen.
ate.
Mr.. Rogers of Mcclellan 1t is sub.
stantially the same bill hat was pre-
sented to me.
Mr.. Sheriff. commended that the bill
was in the interest of the railroads
and detrimental to competition to
provide terms for railroad contracts.
Not only this but the railroads sold
the tickets in blocks to the brokers.
The ayes and nays being demanded
on the Sheriff. amendment it was
lost.
By Mr.. observation-disclosures allow.
ing the ticket holder twenty days for
presenting or travelling out the dis
lance indicated in the ticket despite
any stipulation to the contrary.
Mr.. Dean said if the issue was mere.
ly between the brokers and the rail-
roads he would be inclined to be
neutral, but he offered his amend
ment in the interest of third party,
the people.
He moved the previous question and
\ call of the house was demanded.
The vote ordering the previous
question was reconsidered and the
house adjourned till o'clock this
morning.
THE GOVERNORS VETO.
Following is the veto message sent
n yesterday.
Gentlemen of the Senate:
Herewith must return to your hon.
'rable body with my objections there
% senate bill No. 145, entitled "An
lct to amend article 566, chapter 2,
lie 20, Revised Civil Statutes, as
amended by the Twenty-second Iegis-
ature, chapter 10l, page l6l," received
no off 10 Ord 10
# this month.
The object of this bill is to extend
md greatly enlarge the purposes for
which corporations may be created
md chartered in this state. For the
purpose of this message one feature
My of the proposed law will be dis
though it contains other OBJ
ections of marked Importance.
The act proposes to admit corpora.
ions to be created "for the purpose of
,uying and selling goods, wares and
merchandise of any description"
This would make a radical serious |
hange in mercantile affairs of this
tate; and, as l believe, would open |
he door TO frauds and swindles with
ut limit. At best the creation of |
VI pOEuIlOuS, 0AC0pI lOl LOdt puoilO |
Enterprises beyond the grasp of indi-
'idual effort, cannot be viewed with |
much favor by those who consider
veil the interest OF the masses. When
hey are permitted to sever commerce
n all its qualifications from individ-
lal responsibility then we may ex-
,ect business integrity, so necessary
o confidence and stability in trade, to
i've way to corporate rapacity which,
n the purs it of grain, may with i'm.
unity ignore all ethics, morally and
'ropriety
Merchants now have, in addition to
heir capital, their firm, family and
Individual names which, when good,
Inspire confidence in trade. AS
Institute for these st ould this
ill become a law, all who prize
tightly their good names would soon
" driven into the use of corporate
ames or out of business. In most
aspects the result would be unwhole-
ONE 1t would he fictitious capital
gainst honest investments; corporate
a pacity against individual effort;
raud against fair dealing; com bina.
ion a. ainst competition; commercial
wrecks against business prosperity;
onfusion instead of confidence, and
ossibly anarchy in place of law and