Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-02-06

by failure TO properly guard the de-
posits. and the state officials are de-
sirous that whatever law is enacted it
shall be made perfectly safe.
A determined effort Is to be made
in the legislature to practically put an
end to private banking in the state
OF Iowa. In other years the effort has
been made in manner to cali for
sharp opposition. because the attempt
was made to compel all persons en-
gagged in banking to incorporate. This
is now deemed not feasible nor nee
essary. There are so many firms or
individuals engaged in brokerage busi-
ness that borders on banking, that II
would be impossible to find just where
to draw the line The bill that will be
pressed before the legislature at this
time merely provides that all persons
engaged in banking shall be subject to
the examinations Of the state bank ex-
anHners and must make reports to
the state auditor when called for. the
same as the banks that are organized
under state law. The bill refers TO all
persons, firms or corporations that re-
ceive DEPOSITS or do what is commonly
known, as a banking business The
supreme court has fairly defined what
bank Is in this state, so that there
will probably be no trouble in applying
the law.
"If we cannot get law OF this KIND
this year." said one OF the members
yesterday, I'VE can never do so In
Iowa. The situation is certainly ripe
for some legislation"
The fact that three canfiers OF pr.-
vate banks in Iowa KILLED themselves
in the last four months OF last year,
and in every instance their banks
were found to be utterly worthless, will
have something to do with the mat
ter. In the past month another private
banker cied and II is common rumor
that the bank was found to be In bad
condition, and another big private
bank failed in utter ruin for scores OF
persons. All that Is asked now is that
these private banks be subjected to
examination and make their anairs
public. Representative Calderwood
introduced the bill. and will push u.
There are several in the house who
are interested in private banks. but
they favor the bill. The opponents ex-
peet Ito kill the bill in the
senate, where there are several
opposed to any Interference with 'pn-
vate banking. Senator Stuckshager. OF
Linn, is a private banker, and IS BIT
terly opposed to having such business
examined. Then tihere are a num-
ber OF lawyers who have private bank
ers for clients and they are opposed
to the bill. But the present indica
tions are that such bail will become
q law ' ts,srrf
The ..bootiegger'' till was introduced
by f. w. Weeks. II Is a bill that Is
favored by the temperance societies
and the organizations interested in
perfecring the prohbitory law. though
1t did not originate with them. but Is
strictly a lawyers measure. The bill
gives legal definition to q boot
logger" or one who sells prohibited
liquor but not from any fixed habhta-
tion. 1t makes the laws applicable to
illegal sales in buildings apply TO such
a person. He may be the subject Of an
Injunction, whereas now the injunction
runs against building or property and
not against the individual.
The pure food bill is in the hands
OF Senator Dunham for presentation
to the legislature. 1t is the bill care
fully prepared by subcommittee of
the state agricultural department,
board after q full Investigation of the
subject and consultation with others
who are interested in the subject of
legislation for pure food dn Iowa. The
bill has no pronounced opposition ana
Its friends believe Vt can be put thru
quite easily.
Many attractions are offered the
Iowa commission for an exhibit at ST.
Louis. "A letter has just been receiy-
ed by Secretary Conaway from A.
b. Reeves, of Oskaloosa, who says:
II have pahr of shoes made from
the sItn OF South American Ana
conda, which would like to exidbit
at the ST. Louis exposlti
r. 8. Ray. of Patterson, Iowa, is very
anxious to transport to the exposition
q large yellow cottonwood tree. This
tree is located within mile OF the
town of Churchvilie, and is said to
measure 2l,s feet in circumference.
3A. feet from the ground. It Is thirty
feet to the first limb OF the tree and
six or eight feet to the forks of the
tree.
Mrs. j. NJ. Adams, of Denver. Col,
has in her possession an Indian bowl
which was presented to member Of
her family by Chief Black Hawk. In
Van Buren, county Iowa. This bowl
and its history has been passed upon
by the superintendent of the Smith
sonian Institute and found TO he as
represented. Mrs Adams is very anx-
49,. ..xhs,>,, th;a IN fha Inwa hlilif.