Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1908-02-05
Presidents Message Causes
Stampede Among Congress
men to Make a Showing
ALL FORMER RECORDS BROKEN
Very Few of Bills Presented Will Be
Passed = Over 10000 in House, s.
900 in Senate Williams Declares
Message Embodies Bryan's Ideas -
Corporation Bill offere>-

of representatives are preparing a
tabulation Of the number of bills that
have been introduced since December
/. the subject of which and objects
sought to be attained are embodied in
President Roosevelts first message
sent to congress at the opening of the
session, In the house the records. or
all sessions for the introduction of bills
are eclipsed. UP to last night there
were 16,267 bills pending an average or
more than forty bills for each con-
gresham. OF course many of these
are private pension and claim bills,
but there are no less than 500 bills to
amend the interstate commerce act
ten to establish bureaus of transport
tation, nineteen for federal incorpora-
ton, 700 on finance and a great many
to establish a parcel post and postal
savings banks in line with Roose-
velt's message.
In the senate there have been about
5000 bills introduced, an average or
over fifty bills for each senator. Every
subject mentioned in the presidents
message is covered by these bills. But
because the bills are introduced in
congress it does not follow that many
Of them will pass. Not one bib IN a
hundred of the thousands introduced
is enacted into law. But senators and
members, who have been awakened by
the red hot message sent in last Fri
day, are simply taking refuge behind
the avalanche of bills introduced and
point to the record to vindicate them
selves from the charge of inaction and
do nothing policy" which the country
began to think had been adopted.
General debate on the Indian appro-
priation bill in the house yesterday
was extended go as to permit its con-
,tinuance until the close of the session
last night.
Mr.. Williams, of Mississippi, was
recognized at once for an hour, and
taking for his text the presidents re-
cent message which YVES so thoroughly
discussed yesterday, said he disagreed
with Mr. Hepburn's statement that the
message met with the approval of the
entire American people. Indeed, he
said, there are things in it sensation
al, federalistic and dangerous to the
American public"
Mr.. Hepburn, he declared, had
threatened the "big four" Of the house
the speaker and Messrs. Payne. Dam
al on-yy1pn he asserted
that the house would pass the remedial
legislation the president had recon-
mended. He hoped to see the standard
of rebellion raised by Mr.. Hepburn,
and he said he hoped to see some Of
the things spoken of in the message
enacted into law. He was not hero
worshipper, and therefore he would
consider the message without any re-
gard to the Hon. Theodore Roosevelt"
from whom the message emanated. Il
shall consider it," he said, amid loud
democratic applause, Gust as If 1t had
been message emanating in the past
from Grover Cleveland or William Nc
Kinley, or a message which more near
ly resembles in it's substance one to
emanate in the future from the Hon.
William j. Bryan"
Mr.. Williams declared that he was
not one of those who were afraid of
radical in the White House. He dis
cussed briefly the history Of railroad
rate legislation and insisted that it was
Of democratic origin.
Returning to the presidents mes
sage, Mr.. Williams said it was not de-
serving Of all around eulogy by any
man who loved democratic institutions.
There were, however. some good things
in it.
Senator Nelson presented in the SEN
ate yesterday a sweeping bill, COM
plete in all it's provisions and perhaps
drastic in it's penalties, providing for
the federal Incorporation of corpora
lions that are engaged in interstate
commerce.
The bill is very extensive, covering
more than twenty typewriter pages.
1t is intended to be complete, in that it
furnishes all necessary definitions and
essentials for perfecting corporations
under the federal law
Senator Nelson's bill provides for
voluntary incorporation Of all firms,
interstate commerce, and provides that
the measure shall in all its terms ap-
ply to and govern all officers, agents,
incorporators and stockholders Of a
corporation that shall take advantage
of the provisions Of the law. Under
the terms of the measure the life of a
federal corporation shall be fifty years,
and the name to be attached to such
corporation for the purpose of CLASH
flying it shall be the Interstate Com
merce company"
Full provisions are contained in the
measure for governing the amount of
capital stock to be issued, the par
value of each share of stock, the
amount to be paid in on each share
subscribed before the company en-
cages in business. The articles of in
corporation are required to be filed
with the commissioner of incorpora-
lions in the department of commerce.
IT is also provided in specific terms
the manner in which the business Of
the corporation shall be conducted, and
penalties are prescribed for violation
Of the various provisions of the law.
The total number of shares of stock
Issued and all details concerning can
collation. or forfeiture of stock must
be furnished to the bureau of corpora
tons.
Section seven says the gross earn
ings shall be used as follows: The
payment of all operating expenses,
taxes. interest on bonds. and other fixed
charges and liabilities; the cost Of