Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1905-12-16


An effort was made when the House met
today to limit further debate on the ques-
tCn of committee reference of the Pres
idcnt's message. So many requests were
made for time that the attempt to set Il
to vote was abandoned.
Representative Shirley. Ky, began the
discussion on the reference of tl,. ingur-
ance recommendation of the way; and
means committee. He had hardly begun
when Il message from the Senate was
received announcing that the Se;latc had
passed a Senate bill removing disabilities
from the canal bonds. Payne ffrrcd n
resolution stating that the "bll in the
opinion Of the HnuS" cortrAvcn"s the first
clause of the seventh section of the first
article Of tho constitution ANA is an in
fringcment of the prcroGativcs Of tho
House and that the Senate bill be taken
from the Speakers table and 10 rcSpcct-
fully returned to the Senate with a mes
Sage communicating this resolution"
Payne said that tho Scuatc bill was
Clearly u revenue measure and would
have originated in III" House This state
ment was mot with applause which con-
tinucd when Williams. the minority lead
was had AS cvcryGue stood up in favor
Of the resolution the Speaker announced
while the House burst into laughter:
"rlrec hundred ard eiglty-Six members
have voted i'll the afirrnatiVc.'
Thcr" We're 10 opposing votes.
S"rl"y then resumed. II" opposed II
reference Of the subject matter to the
WAYS ana means or Interstate ANA foreign
c"mI1"rcc committees.
Sh"rl"y said he favored emphasizing tn"
importance Of state supervision Of such
matters in pre- ference to national. Thern
was, u" said. a constant tendency towards
| concentration or authority the states were
losing to the national government ana tn .
national government to one supreme head
ana that head in power for life.
'rumpackcr. Ind. asserted that Payne
! had raised an issue in stating that the
taxing power WAS the only control Com
or, IS had over Insurance. For the House
TO vote to send the question Of insuIanc"
| to the ways and means committee, he
said, would be to give notice to the coun-
try that Congress had decided it could
not control insurance.
Mann. H.. opposed rcfcrcnc" TO tho
ways ANA means committee. "Nobody DO
| lirvcs that there will be Legislation enact
cd on this subject at this session of Con
gress. 1t is too grave Il question for
haetv action concluded Mann
Cochran said it had been assumed That
corruption ana vices were inherent quail
| ties in the insurance business and said:
The gentleman from Kentucky wants
state re equation: the gentleman from iii
nois wants federal jurisdiction. | main.
tain the remedy can be had without
either.
"Within my memory three large COM
panics have accumulated = billion ana Il
quarter of dollars ana it will not be Il
generation before this sum will bc five or
| six billions. Tho utter Yiciousnrss Of this
| condition is that these funds are under
| interest in them. This money is a trust
| fund and vet the persons who arc the
| bcneficiaries Of the trust cannot have a
| word to say regarding them This sys-
| tom has been the growth of but a few
years and the system must he wholly
| Cprootcd to effect Il cure"
| COcllran's remedy was to coHfinc insur-
| ance companies to tho state in which they
| were organized. the same as savings
| banks are confined.