The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-01-30

bill, he himself inquired a thing or two
and developed the fact that the meas
ure was designed to show disapprovaI
OF the election Of Knute Nelson as SEN
ator from the gubernatorial chair. Mr..
jacobson deprecated such an indica-
ton of disapproval. and urged the peo-
Pies right to elect the best men to po-
sitions like that of senator. At this
juncture, Representative StockwelI.
with the most laudable intention, cast
himself between Representatives Hay
ter and Jacobson, who. he said, he felt
sure did not perfectly understand each
other.
He first explained to Mr.. Jacobson
that the bill did not bind the legis-
lature to the proposition, but only to
submit the matter to the people, MI.
Jacobson took affront. at the imputa-
ton that he did not understand the
matter, and stated in no mistakable
manner that he could not vote to refer
TO the people a matter which he could
not personally vote for. Why had his
constituents sent him to st. Paul? To
re-submit matters to them or use his
own Judgment and sense of fitness re-
garding them?
Here is where Stockwell got in his
second lick He wished it to be known
that he differed radically from the Lac
qul Parle statesman. Personally, he did
not favor the amendment to the COLI
St1tution, but he did believe in the
theory and practice of the initiative
and referendum and he wanted the
people to have the opportunity to vote
upon any measure in which any num-
Der Of people are interested whether he
favored it or not.
He cited the fact that the practice
Of referring legislation to the people
was growing one. and he was eluci-
dating along this line when Represen-
tative Feig, who was in the chair,
ruled the explanation out of order.
This, Mr.. Stockwell could not agree
with, and inaspite of the ruling he was
allowed to complete his explanation.
Representative Johns explained that in
Illinois a similar provision was in the
constitution, but that the senate of the
United States had held the law with
cut effect, as outside of the jurisdiction
of the state Just as the debate was ap-
parently to come to a close, Represen-
tative Donnelly rose to his feet, and
proceeded to make the startling admis-
sion that he would have been better
pleased had some Populist been elected
two years ago, but that he regarded
the election of Knute Nelson as the
triumph of good government. AS the
best evidence shat the initiative and
referendum was not all it should be,
he cited the fact that the foreign-born
citizens of the state had at the last
election voted for an amendment
which will cost them 100000 in the
shape of fees. The bill was taken up
after this slight deviation and tndef1-
nitely postponed by a large vote.
The other measures on general orders
were disposed of as follows:
H. F. A Fosnes)-To repeal act giving
bounties on horse thieves. Recommended to
pass.
H. F. "a Gittleton)-To inaugurate the civil
service in the grain inspectors department.
Progress
H. F. 50 Littleton)-To amend law relating
to corporations. Referred to a special COM
H. F. q (Torson)-Relating to grain and
son being absent.
H. F. IS (Coe)-To exempt husband from
liability for torts committed by wife. Rec
s. F. 50 (Collester)-Amending law relating
to sheriffs being an act to enable Sheriff
Block of Nicollet county, to serve as COM
missioner one of the state boards Rec
H. F. 80 DougIas)-To create a board of
pardons, in line with the recent amendment
to the constitution. Recommended to pass.
After the committee arose, the house ad-
iourned to meet at 10 O'Clock today.
Bills Introduced
H. F. 249 Foss)-Amending law relating to
actions against corporations, associations, etc.
H. F. go Dale)-Amending law relating to
the amount Of appropriation to certain lnstl-
H. F. 251 Govejoy)-Providing for payment
for legal services to the state to W. M:
Jones. Claims.
H. F. 252 Misunderstanding the costs to
be allowed to the prevailing party in Justices
court in action to recover money. Judiciary.
H. F. 253 Oonnelly)-Providing for the ere
alton of a department OF anthropology in the
state university. University.
H. F. 254 MISUNDERSTANDING to the ac-
lions upon judgments of the courts OF this
state. Judiciary.
Fl. F. 255 (Goar by request)-Appropriating
S. 600 for the relief of settlers of Roseau
county Appropriations. ,o o,.+
H. F. 256 misunderstanding law relat-
ing to the organization of annuity, safety de-
post and trust companies, and defining pow
ers and duties of the same. Judiciary.
H. F. 257 (Donrelly)-To provide for fur.
Their publicity as to the financial condition OF
banks doing business in this state. Banks.
REPRESENTATIVE Donnelly's measure
Oh. F. ESD is for the purpose Of pro-
viding persons who do business with
banks with certain facts regarding the
condition Of the bank, the detailed re
port Of condition to be furnished daily.
It is set forth that the bank examiners
cannot be expected to keep either HIM
self or a lot Of depOSitOrs posted from
day to day as to the banks condition,
SO this means Of accomplishing the re-
suit is taken: Each bank is required
to make a clear statement of it's fin
anclal condition at the close Of the pre-
viCus banking day, showing the assets,
liza bilities, loans, discounts, overdrafts,
real estate, bonds and stock, amounts
due from other banks, cash on hand.
amount of deposits, of rediscounts AMI
of bills payable; the statement to be
signed by the president or vice presl-
dent and treasurer and posted con-
SpiCuously in the bank.
1t is further provided that in this
statement no notes or bills receivable
to such bank, which are more than six
months overdue, or upon which interest
has not been paid for more than six
months shall be counted as assets, nor
shall any real estate owned by such
bank be for the purpose of such state
ment estimated at a higher value than
the last assessed valuation thereof for
the purpose Of taxation.
A penalty for failure to conform to
the provisions Of the bill is contained
therein.
Judge Littleton introduced a bill
which was suggested by the state OF
affairs growing out of the failure of
the Northern Trust company in Min
neapolis.
The measure (H. F. 1850 provides that
any trust company which is appointed
guardian, administrator or any similar