The Bellefontaine Republican. [volume] (Bellefontaine, Logan County, Ohio) 1855-1905, 1904-01-12
iNAuSsHAL Aopssss.
New SxeeutiSs Gives His Views on
Affs6s OF State.

AHs Gs OF State.
In a concise, clear and lucid man
ner the new governor Of Ohio pre-.
seuted TO his hearers his views on
state affairs In his inaugural the
governor sail:
To the Members of the Senate and House
OF HeprcS NtasheS:
In yoar presence and in the presence
Of this great ccOcourse OF citizens. fully
sensible OF tise duties about to devolVe
upon me as cine1 executive Of our state.
/ have taken n solemn oath to perform
those duties to the best Of my ability.
Ry the verdict Of my fellow citizens !
have been selected to assume the duties
of governor OF Ohio. and to perform
those duties and accept the responsible
ties of this office. not as partisan. but
as a representative OF the whole people.
The permanence OF state Is in the
adherence to its fundamental principles
In the practical recognition Of the object
of government. which is-to make the
citizen secure in the enjoyment OF life.
liberty and property. and the people Of
Ohio have demonstrated. irrespective of
politics their belief in and steadfastness
TO those principles in the recent election.
Remembering this. IL will be my en-
deavor TO serve the state without fear or
favor
Opposed to Extravagance.
Ny predecessor was fortunate in hav-
ing the hearty corporation OF the last
legislature and the wise counsel OF the
other state officers As result of this
harmonious working together. progress
WAS made. in the solution OF taxation
problems in the state. and the state
fnances as reported by him. are In an
exceedingly healthy and satisfactory con-
| dition Let US counsel together as To
how We may best preserve the credit
4 e taf ~ "a al
the same time maintaining our public
1 works and providing FOR the needs and
necessities OF our institutions The
question Is, not how We shall spend The
money I'm our state treasury. but how we
may obtain the best results for the honor
/ and integrity OF our state in collecting
i as small an amount practicable from
our citizens and in expending II wisely.
Il surplus in the treasury too often tends
/ to extravagance in the use OF public
Il money, and ask my friends in the legis-
4 lature to Join with me and other state
| officers in the aim to have no extrava-
gance In expending the states money or
| recklessness in legislation
The affairs OF a great state such as
1 ours should be conducted with the same
| care and prudence that careful man
| Of business would exercise In the man.
| acement of his own property. When a
| man in business has funds on hand he
finds a safe and profitable Investment
for the same. that they may not lie Idle
| and unproductive- From time to time
the state OF Ohio has In Its treasury large
| balances Of money. This means. not only
| that the business and commercial world
is deprived OF those amounts OF cireulat'
Ing medium. but that the state has not
the benefit Of the interest which. undei
| proper conditions and safeguards. u
| might use and enjoy Having this IL
mind. l would recommend the passage
Of n state depository law similar to thos'
| IN effective operation In other states
and H. In the necessarily hasty prepara
| ton and passage by the last Legislature
| Of the municipal code. there be any de
feet in the depository law for municipal
ities. that should be corrected
Imposes Grave Responsibilities.
For the first time in the history o
Ohio. by the vote OF the people at tn
| last election, the constitution was >.
| amended as to confer the veto powe
| upon the governor. While the possession
OF this power has its advantages. / an
sensible OF the fact that IL also impose
| grave responsibilities
Governor Nash. in his message. Ia
| called your attention to the increase o
| legal business in the Office of the attor
ney general occasioned by recent legisla
2 ton and the constitutional amendments
Al In my Judgment. all % the legal bushes
Connected with the affairs OF the state
> its various departments should be admin
D | istered through the Office Of the attorne
Il general; and. to that end, IL Is manifes
| that his department Will require NOR
assistance. and trust. at an early day
4 the Incoming attorney general will care
| fully review the situation and reques
5 the enactment OF such legislation as wi
0 | enable his Office to properly care for an
| conduct the entire legal business OF tn
, various state departments
The constitutional amendment doin
Il ff,rxs r.g oNC
holders of various corporations gives I
c the state of Ohio an opportunity to re
4 | wise and codify its laws with referenc
to the organization and control OF COZ
{ porations so that our citizens will NJ
feel impeiled 10 incorporate IN oths
states for business which they wish
| transact In the state OF Ohio. II shoul
rather be our aim to 50 re-enact the lan
bearing upon incOr roration OF companit
4 that they shall he as simple and comprS
h hensive as possible. protecting alike a
OF our citizens. or those doing busine:
y within our state. who seek TO invest the
1 | money In our corporate enterprises. an
at the same time Safeguarding the pull
fic in their dealings with such corpors
# tions.
ii State Banking Department.
Under the provisions OF the nations
banking law. frequent examinations n
4 made by competent examiners OF Il
q condition and soundneSs OF banks esial
iished under the laws OF the Unite
'e States. These examinations, after a tri
n of 40 years. seem to amply justify tn
method of governmental supervision ovi
ic banking institutions. Unfortunately, II
IF stitutions established under the laws
- the state of Ohio for banking purpos'
have, IN some instances. met with di
Of astrous failure. which might have be,
10 prevented and the public warned II
similar system should be established 4
n them In this connection 1 recommei
vs. either the establishment of a state blnl
ing department the enlarging OF q
y powers of the state auditor. so that
T. banking and trust companies incorpo
. | ated under our state laws shall be su
Jected to thorough and confidential e
re animation. to the end OF affording pr
lection alike TO depositor and stoc
holder.
The rapid growth OF interurban IA
roads. street railroads. and other quas
public corporations. and the apparent d
10 mand sor their enlargement in the ne
c-I few years, render It desirable that tn
shall he regulated and governed by wi
legislation. that will encourage the I
lie vestment of capital to the extent tn
of II 10 necessary to meet the demands n
requirements OF the public: that will o.
y sure IL protection when invested: al
sc that such corporations shall be so reg
n lated that the public shall secure q
most efficient service at reasonable CO.
m As we advance In civilization q
in greater should be the care. comfort. al