Cameron County press. [volume] (Emporium, Cameron County, Pa.) 1866-1922, 1907-04-18

The signing of the twocent fare bill
by the governor did not end the trou-
BILE with the railroad companies In
fact they seemed to rather like fight
ing and encouraged their friends to
strike back by opposing the bill 'ex-
empting the short lines from the two
cent maximum rate The big trunk
lines did not like the idea of making
the maximum rate five cents per mile
for short lines when their own maxi
mum rate was fixed at two cents. 1t
seemed like child's play to show re-
sentiment in that way, but the railroad
captains conceived that if they could
prevent the short line bill from go
ing through it might aid them event
uGlly in having the two-cent fare bill
repealed.
The senate seems to be a little slow
in passing the trolley freight bill, but
it is bound TO go through sooner or
later. This is considered far more i'm
portant than the two-cent fare bill,
and it's friends are keeping a close
watch upon it. They will not allow
any amendments attached to it that
will work injury to it.
Checking "High Finance"
The rapid pace many high finan-
ciers" have been going the past few
years is likely to bring about the pas
sage of the bill providing that no
treasurer of any trust company shall
engage in any other business and
shall not engage in stock speculation
of any kind This sort of gambling
has led to the downfall of many
good man holding a responsible posi-
tion and not he alone has suffered.
The stockholders have had to bear the
brunt of his sins. The bill is well
advanced on the house calendar
In this connection there is another
bill which is intended to put bucket
shops out of business. The bill makes
it misdemeanor not only to operate
a bucket shop but to furnish stock
quotations to a bucket shop or to
knowingly permit bucket shop to be
operated on your premises. The bill
annuls all contracts made with bucket
shops. If that bill becomes = aw ii
will be of greatest advantage 20 the
legitimate stock brokers. Men who
like to speculate in stocks are not
going to be deprived of the pastme
by putting the bucket shops out of
existence, but they will have to in
crease the size of their margins when
they deal with the regular brokers.
Barber Bill Likely to Pass.
Unless your barber is examined and
obtains license you will have to
shave yourself and cut your own hair
if bill establishing the state board
of barber examiners becomes law.
1t is likely to pass finally.
Building and loan associations are
making quite a fight against the Clar-
ency building and loan bill, which has
for it's alleged object the elimination
of what are known as national build
ing and loan associations. The build
ing and loan federation of Western
Pennsylvania has deluged the legisa-
tors with circulars protesting against
the passage of this measure. The fed
GRAFTON, which is composed entirely of
local associations, contends that there
are no national associations" Oper-
ating under Pennsylvania laws, and
that among the state associations only
IL are doing a general business. The
federation asserts that the bill, if en-
acted, would cripple every associa-
that has a demand for loans in excess
of its regular periodical income and
that to meet these demands it would
have to borrow from the banks, which
is only temporary eXpedient. The
paragraph in the bill that is most OBJ
jected to reads as follows:
prepaid installment of stock for
longer period than 12 months in ad-
vance and the issuing of full paid
stock are hereby prohibited.
The associations belonging to the
federation have for 20 years been in
the habit of raising money by per-
hitting members to prepay their in
stallments. In this state there is in
force about $4,5OO,OOO full paid stock,
and perhaps $2O,0O0,OO0 of advance
payments of installment stock.
AntSaloonist Awake.
If anyone thinks that the Anti
Saloon League people have gone to
sleep it would pay him to take a look
In at this Legislature. There are sew
eral bills in committee affecting the
liquor interests, and the liquor men
have had powerful lobby here look
ing after their interests. Likewise the
anti-saloon people. The latter say
that the liquor people have no diff
Guilty in getting the law and order
people to report out any bill that may
be desired, but that anything against
the liquor mems interests is obliged
to remain in committee until smoked
out. Mr.. Gearhart Democrat, Of
Clearfield, offered a resolution in the
house the other day to discharge the
law and order committee from the
consideration of an important bill, but
the resolution was overwhelmingly de-
feated, showing that the house like