The Yakima herald. [volume] (North Yakima, W.T. [Wash.]) 1889-1914, 1907-01-09
GOV. FOLK IS FOR
A DIRECT PRIMARY
AND 2-CEMT PASSENGER FARE
In His Message to the Missouri Leg.
islaturc Makes a Number of Rec
concentrations.
JEFFERSON CITY, Mo-, Jan. g.

oA<i . 1ikoOAN " NV,
Governor Folk in his. message to the
legislature, recommended a number
of changes relating to the life insur-
ance companies, among others a
standard policy for all life insurance
companies, prohibiting discrimina-
ton and rebating, regulating the
election of directors and requiring
nonresident companies to keep at
least 20 per cent of the premiums
received from Missouri policy hold
ers invested within the state.
He also recommended the enact.
ment of law making it crime for
anyone for compensation to lobby
with the members of the legislature.
The railroads, he said, should be
required to carry passengers within
the state for two cents mile. There
should be a state primary law for
the nomination of all elective Off
GERS, including United States sena-
tors The election of senators By
the people, he said, had long been
demanded, but it cannot be obtain
ed until the federal constitution is
amended. Public opinion will ulti-
mately force this reform, but in the
meantime the next best thing can be
secured by having senatorial candi-
dates voted for at state primary.
He recommends law making it d
felony to register a bet upon a horse
race, either on a blackboard or any
other substance, or to telephone be.
an n n ut a OF al a
or to telegraph or use any device to
accomplish the registration of bets.
He also recommended legislation
to suppress bucket Shops rigid
child labor laws, prohibiting con-
Germ or corporation from selling
higher in one part of a state than in
another; adding prison punish
ment for violation of antitrust laws.
and making the penalty for violation
of the maximum freight law apply to
persons, corporations and partner
ships, also a statute providing par
ticular penalties for railroad cor
porations or the directors, employees
or agents of any railroad giving re-
bates upon shipments within the
state.
Every corporation, he says
should be required to furnish each
stakeholder with balance sheet of
its business once a year. There
should be an annual tax in the ma
ture of a privilege tax of lis of
per cent on the capital stock of all
corporations, both domestic AMI
foreign. doing business in the state.
The state should regulate the charge
es of public service corporations both
domestic and foreign, doing business
in the state.
To determine the unreGsonableness
of rates there should be a power to
inquire into and determine the ac-
tual amount invested in such corpor-
ations and to fix rates on reasona-
BILE basis. The result of this should
be to eliminate fictitious values.
1t was the province of the general
assembly, he said, to prevent one
corporation from owning stock in
another and authorizing quo war
ranto proceedings to be filed to dis
solve any corporation, majority of
the stock in which is acquired by q
holding company. This was neces-
sary. he urged, to prevent the crea-
tion of monopolies in trade and bust
ness in the state.
He recommended the amendment
of the anti-bribery law SO that wit
nesses could be forced to testify, bu.
relieving them from prosecution By
reason of their testimony.
The governor invited considera
ton of the propriety and ACCESSIBILITY
of the adoption of resolution max
ing application to congress to call
a convention for proposing amend
ments to the federal constitution,
particularly with reference to the
election of United States senators by
direct vote of the people. the estab-
lishment of the principles of initia-
tive and referendum. and for a juss
income tax.