The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1907-06-15

without interruption even Tor u recess
until nearly 10 o'clock Early III the
day the committee considered the sew
eral reapportionment bills Ia rs pos.
session and q majority OF the commit
tee finally decided 10 make favor
able report on The bill Of Senator
Bland one Of It's members an Of
which goes to prove the truth OF the
saying that "therc IS more than one
way 10 skin cat" For no sooner
was the Bland bin reported ont than
a substitute was offered and. after the
long night mentioned, passed on third
reading
Distastcfnl 60 Bland.
The substitute was very dlstastcful
10 senator Hand who doubtless would
not lmye favored reporting his own
bin out had he had the slightest sus-
picion that there was movement on
foot 70 Immediately slle.tracl< II and
run The substitute onto the main track.
The opponents Of the substitute sought
70 secure postponement Of 4 day
because OF the absence OF senator
Fairbanks. whose district Il materially
disturbed. but the other fellows had
the votes aud would consent 10 no
change I'm their program. Then the
opponents started IN 10 illbustcr and
by asking information regarding the
why's and wherefores. the population.
etc. OF each OF the thIrty-two pro.
posed districts, succeeded In stavlng
on final vote for nearly seven hours.
They were In the minority. however.
and were eventually obliged 10 take
their medicine. The bill as passed
makes radical changes In the districts
as at present constituted II will be
vigorously fought In the house. but it,
friends claim that II will he passed
by that body.
In Interest OF Mining Companies.
The bill described ~ some length
last week. which permits mining com
panies TO acquire rs much land as
they deem necessary for their pur-
poses has been passed by both houses
and will shortly 20 TO the governor for
his signature Governor Warner has.
however. promised opponents OF the
bill that he will give them a hearing
before the measure Ia signed. An nm.
successful effort was made In the
house "a amend the bill 80 as 20 re-
strict the real estate holdings Of the
comps nles 10 such as IA used for tim
Der purposes. II was urged against
the biIl-and that viii probably be
the opposition 10 be voiced az the hear.
ing before the governor that the min
ing companies are planning n merger
OF the mining interests ~ the upper
peninsula.
state Bankers Aroused.
Just NJ present the state banking
department and the officers ~ most
OF the state banks are making n stlff
fight against the passage 10y tho house
" senator 1utile's bill amending the
state banking law 80 as 70 llberalize
The conditions under which bonds Of
electric railways may be invested In
by state banks. Ranking Commission.
cr Zimmerman insists that the bill
would permit the funds OF the state
hunks 10 be Invested In speculative
securities of doubtful value. The pres.
ent law permits Investments In the
bonds Of only such roads as met all
their obligations and earned speci-
fed percentage for period ~ i've
years The amendment Il desired 10y
companies which have not been In OK
istence the length ~ time specified nnd
which have In hand new projects
which they cnn the more readily float
n the restriction ~ removed The