The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-11-14

Law be shorn Of its amsndmsuts IL viii sn be On III statute books. just ~ It
today and 10 harm WIN Be done.
Banking Liquidation
The Democratic platform promised that should a Democratic legislature b
elected. IL would pass adequate banking legislation. sr the safe guarding Of the
people against losses IN nduciary institutions Such legislation Is badly needed.
But 10 sooner "a it apparent that the Democrats had legislative control than .
call vent out for the organization u q bankers association, and he bankers "
the tate have already met n begun "a try TO shape legtsaaon w nave
hitherto had toe much legislation by bankers AT every session . lobby is on
hand to control Regulation affecting the banking interests The banks IRE not
seeking legislation. primarily in the interests " the people; that may be taken
as a matter of cours;t they are looking out for themselves; they 10 not want o
be embarrassed with tot many restrictive measur They want Al the atrude
possible with other peoples money. Of course the banks must lot be unneces
sarly harassed. Banks are as necessary to a business community as tn commun
ny to the banks, IND their usefulness nus not be undufy limited and Restricted, nj
and people. 1t has already appeared that it would b mwise to rely upon the
new banking association toe much in he fameup of banking legislation The
Democratic platform promised a law similar in essential respects, to hat Of
Oklahoma, which makes al association of banks responsible for the failure II any
seal Of disapproval upon he guarantee idea, m while saying that it is not
opposed to new banking legislation. insists that each bank should stand upon
its W bottom, 1t may therefore be assumed that the bankers Of the states are
opposed to the Oklahoma idea, although it has proven practicable n effective
in that newest and most modern of all stateso If tn Union, and that TN Demo
Gratis OF thu legislature and the bankers will lock horns or this proposition.
To Curb "wnd Cats
A law which will be welcomed by very honesta and rghtmnded person.
enc promised by the Democratic platform, regulating mining companies The
ture # a stringent law regulating the business OF mining in this state whereby
legitimate development of our mineral resources may be segregated from the
Operations of swtndhng wildcat companies. We demand that the next legislature
enact law creating the ONCE of mining inspector, whose duty it shall be to see
that the ives an health OF men employed in III mines shall be property safe
guarded nj considered"
We would suggest to the legislature that it consider the California Law on
this subject, before undertaking any constructive legislation of its own. The
California law has been tried and stood the test. There have been many convic
have become unpopular I'm that state We wan. to see ''wldcaters'' driven
from Nevada, an W e believe the California law is about the thing.
The foregoing are h principal matters Of legislation to which the Demo
cratic party has committed itself in its platform, and it is certainly enough work
and the work is well done the Twenty third General Assembly will have earned
the plaudits of a grateful people.