The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1903-02-27
Ge Legislature
Proceedings 81 tho Lawmaker.
at tho South Dakota Capital
FRIDAYS PROCEEDINGS.

Pierre, S.. D., Feb. 21.-The anti
compact insurance bill passed the
house yesterday by a vote of "A to g.
It was amended before passage to APP
ply only to joint stock companies and
will permit mutuals to maintain boards
Of underwriters.
The amendment was offered by
Bromley and opposed by Brown OF
Sanborn.
Longstaff and Gross questioned the
position taken by Brown, who favored
the original bill, and the speaker en-
forced the rule against personal allu-
sions.
Lawson did not cal for a reconsid-
GRAFTON of the vote on the valued policy
bill yesterday in accordance with the
given Thursday, and the bill
has gone to the governor for his sig
nature.
The anti-compact bill which passed
the house yesterday is severely criti-
cised by the insurance men. who al
lege it is a piece OF class legislation
operating in favor of the mutual COM
panies. They declare 1t would be in
operative II enacted, and that they Will
not oppose 1t strenuously.
The senate passed a joint resolution
calling for a constitutional amendment
withdrawing SO per cent, Of the public
lands from sale n placing the re-
mainder on a fifty-year lease, and pro-
viding for the loaning of school funds
On state, county, municipal and town
ihip and school warrants and other
evidences of the states indebtedness.
h is claimed to be the most i'm
p~ortant measur that will be consid-
cred during the session, as 1t affects
he safe investment Of "a fund now
amounting to nearly $4,000, 900. It was
before passage by cutting out
| provision for loaning on the securities
Of other states.
The house joint resolution memorial
congress to remove the duty on
lumber was passed almost unanimously
IN the senate, and places South Dakota
on record in favor of the western idea.
Abel's bill prohibiting pools, trusts
and combinations passed the senate
1t exempts labor unions.
The house passed the following SEN
ute bills: Adopting the anenone as the
flower; repeating the obsolete Sec
of the code; requiring bonds for
depository Of county funds: relating
10 the method Of adopting children, and
$4,000 for four cottages at
he soldiers home.
The bill providing for the collection of
in cities of the first class failed
20 pass by the requisite two-thirds, and
reconsideration is ordered for Monday
Al SIilCOL .-.. ....
The bill providing for the incorpora-
ion OF telephone companies has called
/ number Of representatives of compan-
es here to look after their interests. w.
Vail is here from Minneapolis rep
'e~senting the Bell company, while
United States Marshal Kennedy and
others are guarding the interests Of the
organized in the state.
h bill would compel companies
meeting at any point to form connect
lines.
The insurance lobby spent several
hours in the middle of last night trying |
o line UP a force sufficient to punish
he newspapers which had been per-
istent in demanding remedial insur-
nee legislation.
Many members were approached and
lsked to go into a combination to re-
zeal the law requiring insurance state
nents to be published in three news
in each judicial circuit.
AS the repeal of the law would cut
IF the expense of the insurance COM
by at least SIC, 900 and keep it
tut of the hands of the republican ed
tors of the state, its significance will
'e readily Understood. The move
nent was discouraged by those who
approached. who gave as a rea-
on for their unwillingness that there
vas too much excitement at present to
'ermit it's calm consideration.