The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1895-01-16
EXCHANGE OF Governors
Pattison Retires Gracefully and Has
tings Is Now at the Helm.
THE INAUGURAL CEREMONIES
Thousands of Fellow. Citizens ThrOng the
Capital In Honor Of the Occasion.
Detailed Story OF Day Re.
plcto with Interest.
Concluded from Page 1.

tions, and the homes of more than 5VVyV
people in moderate circumstances ~ tGi'
state are dependent upon the gooa l91,n Hnn
building and loan association rs dJSt!hC.
lively u Pennsylvania institution, the llas
effort of the kind in this country ma iSIih Sh
been organized in Philadelphia IN lSDi
Last year, according to Official statiStINs'
there We're 5j9S building ana loan ushg-
Citations in the United states, OF MhtSGn tS,n
1916 were organized in ana under t!le
laws of Pennsylvania. Further lhVosta-
gatlon shows that last year there were
232, eS shareholders in tnS me- penn9Ty,rama Trran
ers, showing that over 20 per cent. OF inc
stockholders used the associations for m
Ncstment in the nature OF savings pahkS
There are also about $40 national bulld-
ing and loan associations in the land
These organizations transact a business
in the aggregate of over %,00OO,oOO per
year, of which nearly one-hfth rs zone
in Pennsylvania. | have dwelt somewhat
in detail on this subject for the purpose
of calling attention to the necessity or
more careful state scrutiny of these IN
sti,utions in the interest of the share
holders, particularly over foreign asSo-
Citations. In my Judgement the banking
deuartment OF the state should be en-
largrd so as to include proper supervision
OF these associations in order thdt tpe
savings of our great industrial population
may be adequately protected. This 1i 93h
be done without any, or very httie' aaul-
tional cost TO the state.
Wants Department of Agriculture.
The farming industry in Pennsylvania IS
by FAR the largest single interest, ana IN
every adjustment of legislation should re-
celve the first consideration The limits
OF this address prevent the discussion or
some features of legislation deemed es-
sential to our agricultural advance
ment. J. may, however, venture the opln-
ion that if all previous legislative provl-
sions affecting agriculture. together with
those relating to the inspection of food
and dairy products; the prevention and
n finn diseases of farm AMI
mails the sGle OF fertilizers; the highly
important subject of the preservation or
our forests; and the matter of good public
roads, were TO be assembled in one depart
ment, it would not only elevate and bene-
fit the agricultural interest OF the state,
and assist the valuable efforts OF the
state board Of agriculture, but also place
the entire interest upon broader and
more comprehensive and effective basis,
and at probably little more expense TO
the state than the present ESTABLISHMENTS.
Similar reasons suggest like action with
reference to other branches of the state
government to which it is not deemed
necessary to refer in detail.
Pennsylvania Tax Conference.
l understand that the Pennsylvania tax
conference, an organization representing
the leading industrial interests OF the
state, Will be prepared, after q most
thorough and searching investigation OF
the subject, to present report to the
general assembly at its present session.
] express the hope that in any further ad-
justment of the revenue laws of the state,
care will be taken that no section, no
class of property, no condition of the citi-
zen natural or artificial, no lawful busi-
ness or calling Will be required to bear
more nor less than Its fair and equal pro-
portion of the burden of taxation. Such
a result should be attainable, and nothing
less will satisfy the just expectations OF
the people.
and DO expect, that the business Of the
state shall be conducted on principles
which experience and sound Judgment
have established as safe and prudent and
that the general assembly Will act as
promptly upou the work before them as
prudence and proper deliberaticn will per-
NIT. Every mandate Of the constitution
should be given vitalizing force by appro-
pirate LEGISLATION, and amongst the duties
thus imposed, l may be permitted TO re-
fer to the congressional, senatorial and
judicial GpportionmCCts. These Subjects.
! doubt not viii receive at the hands OF
the general assembly such fair and speedy
consideration as they deserve.
When l contemplate the crave duties
which now confront me and the great,
varied and intricate interests to be affect
ed by the administration this day inaugu-
rated, ! freely admit that | approach the
task with a most profound sense of re-
sponsibllty. AS your chosen representa-
tive, l have no interest to serve that Is
not your interest, no ambition that does
not comprehend the honor of the COM
monwealth and the happiness and pros
perity of her people. Neither fear nor
favor shall control the exercise Of my
Judgment excepting the fear or inability
TO render the hest service due to the CON-
monwoalth, and my desire to merit the
favor of all its citizens.
PCnrsylvanla's proud history, her great
resources and unfolding wealth, and the
Intelligence and patriotism of her citi
Zens, call upon her chosen servants to
sustain, uphold and advance her imperial
position in the nation. To that end your
executive calls upon you to uphold his
arm, to strengthen his purpose, TO guide
Alright his judgment and to unite with
him in humble and constant reliance upon
the Supreme Ruler OF states and nations.