The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-01-09

do as the law stands now. They must
either have a new law or abandon the
business. Auditor Mccarthy has given
them until March l to comply 50 they
will go ito the legislature for relief
All the insurance interests Will unite
to secure the passage of a law for a
separate insurance department. The
administration of the insurance and
banking laws is all vested in the audi
tor Of state now, and the insurance
people want more attention and think
they will get liz from a separate depart
ment. There is a prejudice against
new Offices, however, and II is doubt
full if the legislature establishes it this
time.
BUILDING AND LOAN.
The most urgent legislation, prob
ably, is something TO regulate the build
ing and loan associations, private
banks and corporations. At present
there is no law to examine a building
and loan association, and neither that
nor a private hank is required to pub
lish any report or submit TO any kind
of examination. Two very bad fail
ures of building and loan associations
have occurred in Des Noines during
the last year, and have ernpha sized the
need Of some law to regulate them. The
soundeSt of the associations want a
law. Under the corporation law at
present any concern may incorporate
for any purpose whatever, secure a
charter or certificate of Incorporation
and go to other states and advertise as
being incorporated under the laws OF
Iowa" which is true. but means moth
ing but that the articles of incorpora-
ton have been filed with the secre-
tary of state and a fee Of a few dollars
for copying paid. Absolutely no other
conditions are required To prevent
"snide" concerns from purchasing val
ua'ble Endorsement cheap and bringing
the state into diScredit abroad, some
stringent requirements Will be set up
by this legislature.
LIQUOR QUESTION.
Then there = the politics OF the sftua-
ton this winter. requiring consider
able time an skillful treatment. The
liquor question viii not entirely down
in Iowa L comes up every two years
u curse the Republican party. which
has % assume the responsibility In
the last hours OF the last session the
present mucIt liquor law was passed.
which Is in effect a high license. local
option law, with remarkably severe re-
votes 20 pass * were secured from the
ProhibfcioniSts only on condition that
a resolution should be passed al the
same time for the submission Of a Pro
hibiuD-y constitutional amendment 20
the people. K : scill Illegal 70 manu-
facture liquor n the state. though q
may be sold The manufacturing bill
could not be passed under any sort OF
agreement or pressure. This year a
strong attempt VIII - made 70 pass
L, and Il is believed that a considerable
majority Of Republicans are N favor Of
passing such a law, - order % be con
sis-eur and allow the stuff that Is sold
20 b made N the STATE. instead Of send
ing The money out % the safe <DT =.
But the Prohibitiontscs are opposed 20
u and wan. the resolution FOR the
amendment 70 be passed. as = must -
BY this general ASSEMBLY, n order 70 60
cure is Submission % TIE people. Bu-
only 4 small minority o: Republicans
desire 20 have tbs queEioa injected
inn The presidential campaign. TIE
friends OF Senator Al,ssDa. ard that
mans practically e-e-yons. are very
anxious that This ISSUE shah net bA
raised AZ THIS tine. because < would
seriously errSz-rzss him FIorE = z1H
D. STAYED Of Is a question II may