West Virginia argus. [volume] (Kingwood, W. Va.) 1877-1946, 1905-12-28
A Bill in Congress for the Federal
Control OF The Insurance
Companies.
SECRETARY BONAPARTE WILL STOP
Hazing at the Naval Academy at
Annapolis and Some Of tho
Young Barbarians Will
Now Likely Got
Disciplined.
REGULAR cOrre.ponaen. 81 rhe Argus.

WASHINGTON, Dec. a3, 1905
There is going to be fight on the
Panama Canal as soon as Congress
gets to work after the holidays.
The trouble has come from the Presi-
dents determination to retain Mr..
J. b. Bishop, the much discussed
press agent, mot in the service of
the Commission, but as a member
of that body, Worse even than his
appointment on the Commission in
place OF the late and unlamented
engineer Wallace, is the fact his
salary is to be $1,000 as commits.
sioner and that he will have an ex-
ira "a, 500 for some special secreta-
rial work, thus making his salary
$40. 900, just what he was getting as
press agent" There is going to
be warm fight on this nomination
and several of the Senators pro.
phesy that il will be defeated.
The scheme for federal control Of
insurance which was going forward
with such a vim in Congress has
been brought to a sudden halt by
some of the older members who be-
came suspicious Of the alacrity with
which he insurance companies
themselves have been agreeing to
the plan. 1t is said that they would
mot be so willing to be controlled
If they did not see some distinct adj.
vantages in il for themselves. The
Senators and Representatives who
recently were foremost in advancing
the plan, are now stopping to take
another look at it. Itis pointed
out that federal control would put
the companies much in the same re.
lation to the government as the Ma
tional Banks and while the banks
are supposed to be under the strict
est governmental supervision, it
does not prevent their failing
tor large sums with almost frequen-
cy. Federal control would certainly
be an advantage TO the companies
in their interstate business and it
would give them a national standing
very beneficial abroad, which they
do not now have, though they real
ly almost control the life insurance
business both in Great Britain and
In Germany. Federal control is
likely to come in the end. Some
sort OF control is very necessary in
the light of the recent disclosures
in New York. But il is a safe
guess that any bill to this end will
be carefully scanned before it pass
es Congress to see If there is not a
joker concealed in Il somewhere
that will play into the hands OF the
insurance managers.
The Secretary Of the Navy says that
he can control the hazing and fight.
ing tendencies Of the Naval Acad.
emy if he is given the power OF
summary dismissal over the cadets
which according to strict interpre
tation Of the law he does not now
have Cadets arc rated as line off.
GERS Of the Navy and such they can.
not be dismissed except by court
martial But Secretary Bonaparie
is rude person with little respect
for "brass clothes" and none what.
ever for the so called "code OF
honor" that has been unearthed in
the Academy. His fingers are itching
70 get hold Of a cadet who dares
defy the power Of the authorilie.
and II he does, with authority
to carry ont wishes, Secretar,
Bonaparle will in all probability
make such an example Of him al
will materially discourage the am.
bitious young men who are now liv-
ing up 10 the sacred traditions o.
black eyes and missing te eth incul.
Gated at the naval school. The Fosl
bill, # IL is passed, will give the
Seer etary such power, and il looks
now as though the bill would b,
passed and the discipliniug Of cadet,
left to the Secretary instead Of turn
ing the purging Of the Academy
over to Congressional Investigat
ing Committee.
The American residents of IN,
Isle Of Pines have beer. severely
criticised by one Of their number
now in Washington for their attemp.
to organize a territorial government
and to send a delegate to Congress
The critic is Col. +. J. keenan,
] President Of the American soclel,