The Globe-republican., 1908-02-06

4
were the state guaranty bill that was
formed by the special committee SAT
urday and the bill providing that
bank may give a personal or surety
bond to the state of Kansas that VIII
provide for the guaranteeing OF al
deposits In that bank. This Is known
as the Wells bill, and is the only real
guaranty bill being considered. IL
provides that If bank does not want
to participate in the state guaranty
plan 1t may give its bond that all OF
Its deposits will be paid and the sign
ers of the bond will be required to
pay any deficit which failed bank
owes its depositors after the assets
are exhausted The bill now under
discussion is the law to permit the
organization Of an insurance company
to insure bank deposits.
Gov. Hoch stated this morning that
he has not yet received the letter al
legged to have been written week
ago by Comptroller Ridgley, in which
Mr.. Ridgley is said to have declared
that national banks cannot participate
in the state guarantee deposit law.
The claim has been made that a
certain state senator is in possession
of copy of Mr.. Ridgley's letter, and
would present it on the floor of the
senate and call upon Gov. Hoch to
confirm it.
Gov. e. w. Hoch this morning re-
ceived strong letter from A. B. Net
Teton declaring himself strongly in
favor of a guarantee deposit law. Mr.
Nettleton was appointed assistant
secretary of the United States treas
ury in 1890, served through the Har-
rison administration and was acting
secretary of the treasury from the
death of Secretary Window, January
"a, 1891, until March, 1892.
Topeka, Kan, Jan. 2S.-The house
this afternoon passed three bills in
surfing bank deposits. The bill pro-
viding for the creation of an indem-
nifty fund passed by a vote of rs to
80. The Wells bill making it COM
pulsory for state banks to file with
the bank commissioner a bond for
deposits in excess of the capital
stock, passed by vote of rs to %;
and the Hall measure to create in
surance companies got a favorable
vote of 104 to /. Most of the discus
sion centered about the indemnity
fund bill, and the thirty-tyo voting
against it thought that it was either
an unsatisfactory measure or not
good law.
Topeka, Jan. 20. Kansas became
the possessor of a full fledged pri-
mary law on this, her natal day. The
house adopted the conference COM
mittee report this morning with lit
tie accompaniment of pyrotechnics.
The vote was 1903 to 8. The negative
ballots were cast by Craddock, Cur
ran, Flanagan, Johnson, Lennon, Nc
Gillivray, Policy, Snyder and Tanna-
Kill.
Since the senate passed the meas
ure last night by vote Of 81 to 2.
and a constitutional majority was
therefore given in both houses, the
bill is ready to be engrossed and for
the governors signature. Ten thou
sand copies will probably be printed
for distribution.
The main features of the primary
are these:
/. The delegates to the national
convention for this year will be chos-
en- by state convention but after
this year these delegates will be
chosen in a manner fixed by the state
central committee to conform with
the rules of the national committee
2. The state central committee
shall be composed of the chairman Of
the county central committees.
8. The general state primary will
be held on the first Tuesday of Aug
ust and at this time all candidates to
state Offices, congress and United
States senate, county officers, state
senators and representatives district
judges, township officers and nation
al electors will be nominated The
city officials of cities of five thousand
population will be nominated on the
f.st Tuesday in March.
4. The convention will be super
seeded by the party council, except
where a state convention may be
necessary to select delegates to the
national convention. This party
council will draw up party platforms
and will be composed of the nomi-
nees for state Offices, notional cleo
tors. nominees for the legislature,
congressional nominees, national
committeeman, United States sena-
tor, nominated and hold-over and
members of the state committee.
5. The county committees will be
composed of one committeeman from
each voting precinct and will be Sc
lected at the general primary. The
chairman of the county committee
will be left to the selection Of the
county committee.
6. The United States senator will
Effective Fog Shlfter.
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