The advocate., 1897-01-20
LEEDY's MESSAGE.
Continued from page 81


by pursuing this course I think 1t would DO
policy for the west 20 quit taking their ad-
vice on commercial affairs and begin TO follow
their example. And elsewhere, where IL mas
been necessary to compete with water trahs-
pOYtntion In the carrying OF frelght
railroads have never hesitated 10 ehter
into that competition. The haul from Chicago
east to the Erie canal Is greatly reduced oe-
cause water transportation makes II necessary
The haul from ST. Louis TO New Orleans IL slSo
made at o low rate IN Oruer 10 con-
pete with water transportation Iheso
railroads that do business at very low
rate and in competition with water transporta-
tion are in as good condition hnanclally ~
railroads which do not have to compete In such
a Way. Therefore, il seems to me that IL
would be wise for this Legislature 10
ask the legislatures Of Texas and Nebraska,
whose state laws have been set aside ana an
nuIled as ours have been, to consider the feasl-
bilitv OF such o plan in case the laws chat
hone will be passed by this legislature snould
fail Of success.
Mortgage Legislation.
great deal Of complaint comes from over
the state In regard to mortgages made ana
executed In this state, which have been made
as a rule to companies organized under Inc
laws OF our state for the purpose OF loaning
money These mortgages are sold In the east
and in many cases the party who struggles
through and pays his loan finds tnat ne mas
been swindled and in order to clear his title no
Innst again nav the amount or lose his home
Section 1880 should be 80 amended as to require
every assignment of mortgage or note secured
nv mortgage TO be placed on the records In the
county where the real estate Is located ThiS,
IA great measure, will guard against any recur-
renee of these swindles which are unjust ana
work great hardship to the people OF the state
Such an enactment will enable the debtor To
deal directly with his creditors without the ln-
tervention OF somebody who preys upon the ne
cesslties Of both.
Banks and Banking.
The banking business, involving as IL does to
40 large an extent all other interests, has been
very properly made the subject of state super
vision and contract. The wisdom OF such SUI
pervision has been demonstrated by the i'm
proved condition of our banks from year TO
year since the adoption Of the present banking
law. In his biennial report the bank commits
aioner recommends the adoption of o new bank
ing law, draft Of which appears in said re-
port. I am Of the opinion that this proposed
law embraces many provisions that should be
adopted. therefore commend 1t to the care
yul consideration Of the legislature.
Building and Loan Associations.
These associations being entrusted with the
weekly or monthly savings Of many OF our citt-
zens should be subject to state supervision
Foreign loan associations should be required tC
deposit ample security with the state treasurer
10 protect their Kansas investors. heartily
concur in the recommendations OF the bank
commissioner and secretary Of state with re-
spect TO these institutions.
loan, Trust and Investment Companies.
The mismanagement and rascality OF loar
companies In the past has resulted in bringing
Kansas securities into disrepute In many local
ities in the east. am of the opinion that thu
legislature should take the necessary steps t
prevent the organization Of this class Of insti
tNtions except under proper restrictions ant
with ample paid up capital to insure protection
20 their customers The recommendations o
the bank examiner with reference TO these in
Etitutions are worthy Of consideration.
Evidence In Divorce Cases.
Recent decisions OF our courts indicate tina
the statutory rules OF evidence in divorce case
are decidedly defective and by no means &C
complish the purpose Of their enactment Thi
matter should receive the early, indeed the Inn
mediate, attention OF the legislature
Attendants In the Asylum.
In my Judgment the attendants and nurse
COX the insane, the blind, and deaf and dun
should be selected solely by reason Of fitness
and should never be removable for politiCg
reasons The responsibility for these unfOrtu
nate people is too great to be the football {
faction
Coal Mines and Miners.
From the state mine inspectors report fin
that there were mined in 1895. $780, S4S tons
coal valued at S3,59014l Nine thou
sand and twenty-one men aud SS boy
we're employed in the industry and tl
net product was 81 tons less than
1904 The miners and mine owners Of the stat
WIN ask for certain legislation bearing on th
important industry which respectfully ask yC
TO give careful consideration. The mining con
panies issue scrip to their employees, redeemI
bic In goods at their store, 1t should be mat
redeemable in cash once month.
Bureau of Labor and Industry.