The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-04-07

taxes on its capital stock. 1t Is not strange.
therefore. that Illinois corporations are go
istence. and that there is a falling OF in
the business OF licensing corporations in Hi
nois
NEW LEGISLATION NEEDED.
For the State to undertake TO compete
with Arizona in the matter OF granting
privileges to corporations Is out OF the ques-
tion. IL is not probable that Illinois capital
would care to have the advantage OF such
loose corporate legislation but for the fact
that under the Illinois foreign corporations
act they can escape taxation By going 10
The cactus pastures for n charter.
This is the view taken by the Secretary
OF state and he believes that II they are
required to pay taxes on the capital stock
invested in the State they will return TO
Illinois
REPORTS OF OFFICERS.
The recent controversy over the ssmian-
nual reports Of the State officers. which led
70 70 ihe an fs rkeT bv resSutlon has been BROUGHT
ernor has addressed a letter 10 Attorney
General Hamlin on the subject asking him
the state officers in this connection. The
Attorney General Is now in St Louis en-
gaged in the Sanitary District case. but It
Is expected that an opinion viii be forth
coming in a short time.
Governor fates's letter Is as follows:
-, nlt' My attsnti9n has been called 10 the latter
tion OF Illinois. which reads follows:
Ezeufive ana p Of f all 5hs p9bis
IN iiI51ns ot ihs state 81 all moneys received
and for every service performed. and a semian-
I,!5 nnSl rsP2Ei theTe0t be made % the Governor.
Ieport shan be guilty Of perjury and punished
have the honor to inquire: FIrst-As the
section IN question requires all Of the officers 81
annual report OF receipts and disburremenis 10
the Governor. under oath. what IL the duty OF
plated that he shall make such a serniannuai re-
Port under oath. addressed 70 himseIf7 Would
he 80.
Governor to make such a report and nle II with
The Secretary q state? In this connection your
with section Il OF article iv OF the constitutIon
General Assembly. at the opening thereof. a fully
iemized report OF the manner in which the a.-
each separate expenditure being set forth by
amount name OF payee and purpose Of expend-
second-Does section %. above referred 70. re-
from officers OF the Executive Department and
state Institutions. but also from the various sub
called oepSrtmen;s such as the AGjItant Gener-
ais Department. the Insurance Department. the
Third-Does the Constitution contemplate IN
all these cases a report as fully itemiEed as
giving the Gate. amount. name and purpose OF
each separate voucher? In this connection. ySTr
be done. but the reports Of some departments
surance Department issues certificates to %. 700
different insurance agents. for which the InSur-
tifcate: and the Secretary OF state:s depart
ment issues commissions 10 about 4.ap notariss
public annually. for which said department re-
ceives fee Of 81 per commission
In order to be surely. within the Law on this
point. have had blanks for such sworn SEMI
annual reports prepared and forwarded to each
such department and institution.
Fourth-It is ccntended by some that the con-
stitutiorAl provision "a question requires mercy
an itemized report Of fees received and disbursed
ons and @ Shes az DO not have The
Gctual custody OF moneys. but simply draw war
rants upon appropr. .ations- desire YOUR opinion
upon this point Very respectfully.
RICHARD YATES.
YATES HAS CONFERENCE.
Governor Yates had a conference to-day
with number Of his political advisers
James Neville and Arthur French of the
Railroad Commission: Colonel ]. W. Strong,
Public Administrator of Cook County, and
Charles Kinney OF the Republican Press
Bureau were present The Governor hed
dinner with the party at the Leland Hotel.
He stated that the conference had no po-
litical Significance.
Representative Cicero J. Indy. returned
to Springfield to-day. He is getting ready
for the hearing of the Chicago traction
question before the Committee on Munich
nal Corporations. of which he Is chair
man. The hearing will begin next Tuesday.