The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-12-14

development of their country. The Cuban
people are hoping and trusting that recip-
rocal trade relations between the two coun-
tries will soon become a reality, thereby
giving stimulus to the present and pros
pective industries of Cuba, which thus far
since the achievement ofstheir political in
dependence has been distinctly lacking"
xxx
State Auditor David e. Sherrck, of In
diana, who has been in Washington, be-
lieves that the strictest kind of laws should
be adopted to govern the insurance business
in the United States. He came here to APP
pear before the committee on postoffices
of the Senate in support of the Dryden bill,
which prohibits the use of the mails to
wildcat insurance companies. 1.-The bill has
been amended in several important partic-
ulars, and now meets the approval of many
manufacturing concerns that were former
ly opposed TO IT," said Mr.. Sherrick. LAS
an underwater OF insurance for many years
and a state official in Indiana 1 have been
brought face to face with many violations
of law by wildcat concerns. 1t Is the poor
and illiterate classes that suffer the most,
and I am hopeful that Congress will adopt
at this session laws which will prevent
abuses that have worked a great hardship
on many worthy people"
Measures for making elaborate extern
sions to the naval establishment of the
country have been introduced into the
House and the indications are that there
will be a movement to increase materially
the naval strength. One new bill, prepared
by Hobson, of Merrimac fame, provides
for an appropriation Of 81, 500 100000 to be
expended between now and the year 1925
The measure stipulates that $50, 000 900 is ap-
propriated for the current year, $4,000. 00(
for next year, with consecutive increases OF
100000 each year until 1914 Is reached
when $150,000,000 Is appropriated, and a
similar sum is made available for each year
thereafter up to and including the fiscal
year 1924-1925. The purpose Of this bill, as is
set forth in the measure itself, is to enlarge
consecutively the United States navy and
establish its supremacy upon the navigablt
waters of the world in order to promote the
welfare and protect the interests and Sc.
cure the peace of the United States al
home and abroad, and to advance every
where the cause of peace and justice among
the nations of the earth. OF course, this
measure will not be passed, but the strong
sentiment throughout the country and the
recommendation of the President may re-
suit in an enlarged naval budget
Representative Hill, of Connecticut. has
lost none of his interest in banking and
ure to secure reappointment on the bank
ing anu COuNnittct, WHICH has
charge of the subject, and his appointment
on the ways and means committee.
What the President and Secretary Shaw
said on the money question in their re-
spective messages to Congress-" remarked
Mr.. Hill to-day, merely strengthens my
former views on the Importance of adopting
certain legislation at the present session
/ have introduced a bill which embodies
the changes in the laws that are required
from my way of looking at things. This
measure contains sections, each of which
proposes a remedy for existing conditions. -
Mr.. Hills retirement from the House
banking committee Is regretted by those
who are interested in the reform of the
United States currency and banking laws.
From present indications, Mrs. Pickett
of Fordyce, Ark, will not be confirmed
as postmistress at that place. This is tn,
case in which Representative Holiday tool
an interest at the instance of James NJ
Campbell, of Bowling Green, a veteran OF
the civil war. 1t is charged by Republican:
I'm Arkansas that Mrs. Pickett Is not 2
resident of Fordyce. and that she is there
fore ineligible for appointment. At the re.
quest of Mr.. Holiday. Postmaster Genera
Payne has detailed postoffice inspector tS
make an investigation and report.
JOHN Z. MONK.