Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-03-31
pass 1t over the veto which is regarded
IS inevitable.

go
The Hubbard bill, which was the
original merger" bill. the only genuine
one w,-n the label blown in, has been
sleeping these many days on the cal
endar. Now that other bills are pretty
well out of the way it may be taken up
be passed. The bill extends the limits
of the zone in which Iowa railroad cor
porations may do business. AT present
they can do business in Iowa and to the
further boundaries of those states
which border Iowa. but no further. The
Hubbard bill would remove the limit.
AS a limit remover it beats the Mols-
berry bill badly.
The legislation asked for by State
Treasurer Gilbertson, or suggested by
him, will be left over for some future
legislature. One of the important
hings suggested In his repcrt was a
revision and codification of the law re-
lating to collateral inheritance taxes.
He pointed out how this law, which is
comparatively new, needs fixing UP to
make it harmonious and of easy opera
ton. The bill he had prepared was torn
come up in the senate. Then there was
a suggestion as to the state deposit
tories and securing interest on money
deposited therein. The other day SEN
ator Lewis called up a bill looking to
this. He also offered an amendment to
the effect that the state would pay for
the surety bond of the state treasurer.
As is well known the custom now Is to
permit the Des Moines banks to have
the surplus funds of the state free OF
interest and as an accommodation they
furnish the bond for the treasurer.
Senator Lewis pointed out that if the
Des Moines banks had been paying the
current rates in interest on balances
they would last year have enriched the
state treasury by some s26.ooo- He
thought the state ought to get some
benefit from the use of this money.
Then, If this privilege should be taken
from Des Moines banks, they would not
want to furnish a bond for the treasur-
er and the state ought to pay that. But
Senator Lewis had not more than fairly
stated the case than a half dozen sena-
tors started in to object and amend.
Lewis Immediately had his bill indef-
vote, the only thing to be done.
Senator Courtright started in Satur-
day to straighten out some of the kinks
in printing matters at the state house.
He secured an amendment to the law
relating to the publication of bulletins
by the state geological society which
VIII prevent th. printing hereafter of a
..bulletin' like that finished last year
which makes a big octave book of sew
eral hundred pages profusely illustrat-
ed, which took six years to prepare and
cost about $4,000 to print. The state
executive council refused to audit the
bills for this or order payment but the
geological board was called together
and ordered payment. 1t was clearly
within the power of the society, of a
few of it's officials, to do this. Senator
Courtright then took up a bill the pur-
pose Of which was to prevent the publi-.
cation by the state superintendent Of
public instruction of the nag day" and
special day" pamphlets which have
become familiar to the people of the
state He was on the point of pressing
his amendment when some one sug-
gested to him that he was about to
strike out everything which authorizes
the state superintendent to print things
necessary in his Office, and if the bill
passed the state superintendent would
not be able to publish circulars or get
out the necessary blanks Tor re,.,Sits
which go into every county of the state.
That bill has been held up for few
days. 1t is too much reform" all in a
bunch.
Since Iowa has become such an in
surance state there is demand that
the laws be so fixed as not to endanger
this industry. A bill is pending, intro
duced by Senator Hobart and Repre-
sentative Edwards, to make it possible
for companies having capital of $780,
900 or more to do business in Iowa.
This is largely that the reciprocity
clause shall not be drawn on Iowa
companies and they be shut out of 9TH
er states. There are several Iowa COM
panies with less than 100000 capital
stock. But aside from this it is urged
In support of this bill that the change is
needed that Iowa business men may Sc
cure all the insurance they really need.
ldIbG VI COi1patlASo AdSS AS-
tired from Iowa.
At the present time merchants and
manufacturers are complaining of a
lack of insurance and the larger COM
panies are constantly raising prem
ium rates and threatening to increase
them still more. This is due to the fact
that large number of large compa-
MES, both foreign and domestic. have
retired from the field in the past few
years. In 1900, seventeen companies
retired from business; in 1901, twenty
companies, including such names as
Lancashire of England, the Manhat-
tan of New York; the Thuringia Amer
lean, and many others withdrew from
business; and thus far the present year
five companies, including the Eagle of
New York and the Erie Fire of Buffalo
have either reinsured, failed, or re-
tired from active business and many
of the retired companies We're admitted
to do business in this state.
VETERANS ASK BuRToN's HELP.
Want Kansas Senator Not to Aid in
Continuing Evans Policy.
Toraka KaS March 21-A deIepa-